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On 4 April 2023, ASIC filed proceedings against Auto & General Insurance Company Ltd (Auto & General) in respect of a term within its standard form home and contents insurance policies. [read post]
11 Jan 2024, 8:47 am by Kelly Shivery
Attorney’s Office for the Western District of Washington announced that Binance Holdings Ltd. [read post]
20 Sep 2023, 2:10 am by Christine Cooper, aequum LLC
Long-Term Disability Benefits ACA’s employer mandate does not apply to Long Term Disability (LTD) benefits – only about 40% of American workers have LTD coverage. [read post]
20 Sep 2023, 2:10 am by Christine Cooper, aequum LLC
Long-Term Disability Benefits ACA’s employer mandate does not apply to Long Term Disability (LTD) benefits – only about 40% of American workers have LTD coverage. [read post]
1 Feb 2023, 9:05 pm by renholding
M&A totaling over $1.5 trillion (approximately 43% of global M&A volume) for the year, as compared to approximately $2.5 trillion (roughly 43% of global M&A volume) in 2021. [read post]
19 Apr 2022, 8:05 am by Mridu Katoch
Samsung Electronics, for instance, invested an all-time high of 22 trillion won in R&D in 2021, up 6.5% from 21,220.9 billion won in 2020. [read post]
18 Mar 2022, 7:44 am by Raquel Leslie, Brian Liu
Many Chinese technology companies have decided to stay put in Russia, despite a growing exodus of Western firms and an ongoing meltdown in China’s tech stock market. [read post]
29 Dec 2021, 12:00 pm by Kevin LaCroix
A strong example of this was seen in December 2019 when BlackRock, a US investment manager responsible for around USD6 trillion in assets, wrote to 120 companies requesting clearer, more comprehensive disclosure of climate change risks. [3]   Activist investors are also disrupting operations to force change, as seen in Poland when ClientEarth purchased €20 of shares in energy company Enea. [read post]
2 Jul 2021, 8:06 am
Norges Bank also announced its decision to place Hyundai Engineering & Construction Co Ltd under observation due to an unacceptable risk that the company is contributing to or is itself responsible for gross corruption. [read post]
18 Jun 2021, 8:16 am by Kristian Soltes
Kabbage Checking, is a no-fee digital account that pays 1.1% interest on up to $100,000 in balances. [read post]
29 Apr 2021, 8:26 am by Kristian Soltes
The market size of cross-border e-commerce in China surged from about 3 trillion yuan ($460 million) to nearly 6 trillion yuan between 2016 and 2021, according to market research firm iResearch. [read post]
16 Apr 2021, 8:43 am by Kristian Soltes
Alibaba Shrugs off $2.75 Billion Antitrust Fine, Shares RallyReuters – April 11, 2021 Alibaba Group Holding Ltd BABA.N does not expect any material impact from the antitrust crackdown in China that will push it to overhaul how it deals with merchants, its CEO said on Monday, after regulators fined the e-commerce giant $2.75 billion for abusing market dominance. [read post]
24 Dec 2020, 7:21 am by Kristian Soltes
Maine-based WEX has settled the dispute and agreed to buy Optal Ltd. and eNett International (Jersey) Ltd. for less than half the original purchase price, WEX’s attorneys at Freshfields Bruckhaus Deringer LLP said on Friday. [read post]
3 Dec 2020, 8:40 am by Kristian Soltes
Merchants must choose between paying the financial services company’s fees or forgoing sales to the millions of Americans who carry cards emblazoned with Visa’s logo. [read post]
22 Oct 2020, 7:06 am by Kristian Soltes
., Ltd. and Samsung Electronics America, Inc. on Friday in the Eastern District of Texas, alleging that Samsung infringed its contactless payment method via its Samsung Pay service on its mobile devices. [read post]
8 Oct 2020, 8:56 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: House Panel Says Big Tech Wields Monopoly PowerWall Street Journal – October 6, 2020 America’s biggest technology companies have leveraged their dominance to stamp out competition and stifle innovation, according to a Democratic-led House panel, which said Congress should consider forcing the tech giants to separate their dominant online platforms from other business lines. [read post]
7 May 2020, 8:02 am by Kristian Soltes
The 59 British and European companies, which include insurer Allclear Ltd., brought two separate High Court suits against the U.K. and European businesses of Visa Inc. and Mastercard Inc. on April 16. [read post]
12 Mar 2020, 6:49 am by Rebecca Tushnet
In fact, there is $ 1.17 Trillion at stake thanks to section 199A of Trump’s new tax law. [read post]
12 Mar 2020, 6:47 am
Posted by Edouard Dubois, SquareWell Partners Ltd, on Thursday, March 12, 2020 Editor's Note: Edouard Dubois is a partner at SquareWell Partners Ltd. [read post]