Slater & Gordon, a publicly listed law firm, has announced a plan to encourage workers in its United Kingdom offices to buy shares in the firm. The plan, which is subject to approval by shareholders in an upcoming…
Singapore is moving ahead with plans to reform the Legal Professions Act to allow for non-lawyers to invest in law firms. Public consultation on capital investment in law firms and how it might be regulated began…
The outgoing general counsel at Barclays, Mark Harding, has been awarded a £3.6m bonus as part of a share incentive plan for the bank's directors and managers. Last month Harding announced that he would retire after…
Houston-based Plains All American Pipeline is intent on the acquisition of rival Tulsa-based company SemGroup. but when its $1 billion offer was rejected by the board of the company Plains decided to make a hostile bid,…
Two weeks have passed since the introduction of the Legal Services Act in the UK – legislation that promised to overhaul the way that law firms do business by opening them to investment outside the traditional…
Deep cuts to the British Legal Aid budget have attracted significant controversy, and now more fuel has been added to the fire with accusations that British Justice Minister Jonathan Djanogly will make personal financial…
Three Australian law firms are leading the joint $1.6 billion offer by Rio TInto and Mitsubishi for 13.8 per cent of the shares in mining company Coal & Allied. The bidders already own 86.2 per cent of the company, and…
Hadiputrano, Hadinoto & Partners, Soemadipradja & Taher, Holman…
Piramal Healthcare (Company) has opted for buy-back of shares as it is a better tax efficient method of maximizing value to shareholders. The Board of Directors has approved buy-back for purchase by the Company of a…
This article summarizes a recent decision of the Bombay High Court (BHC) in the case of Vodafone International Holdings B.V. The issue before the BHC was whether the tax authorities (Authorities) had the jurisdiction…
The US Treasury is preparing to commence the first stage of its plan to unload 7.7 billion government-owned Citigroup shares on the market, with an offering of 1.5 billion shares. The Treasury is represented
US law firms generally have conservative borrowing habits, looking to major banks and partners’ contributions to raise capital. But Dewey & LeBoeuf has bucked the trend, raising…