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17 Oct 2023, 9:26 am by Simon Lovegrove (UK) and Anita Edwards
On 16 October, the FCA published a speech by its Chief Executive, Nikhil Rathi, delivered at the City Dinner at Mansion House, entitled ‘Collaborate to compete: why we must all embrace a growth mindset’. [read post]
11 Oct 2023, 9:25 am by Keith Szeliga and Daniel Alvarado
The FAR directs the Government to examine the reasonableness of costs with “particular care” in connection with firms or separate divisions that may not be subject to effective competitive restraints.[16] The Defense Contract Audit Agency (DCAA) frequently challenges the reasonableness of interdivisional work orders, subcontracts with affiliates, and subcontracts with companies owned or managed by former employees. [read post]
5 Oct 2023, 6:38 am by Lindsay Griffiths
The government is trying to pass a reform restricting the quota that these pension funds can invest in real estate projects. [read post]
24 Sep 2023, 9:01 pm by renholding
  Specifically, these laws are similar in type to the scores of state statutes that impose various restrictions on the ability of state actors (including pension funds and procurement offices) to do business with Iran or Sudan or with parties who refuse to do business with Israel. [read post]
15 Sep 2023, 4:00 am by Jim Sedor
National/Federal Former FTX Crypto Executive Pleads Guilty to Making Millions in Illegal Campaign Contributions Associated Press News – Jake Offenhartz | Published: 9/7/2023 A former top executive at the failed FTX cryptocurrency exchange pleaded guilty to making tens of millions of dollars in illegal campaign contributions and engaging in a criminal conspiracy to operate an unlicensed money transfer business. [read post]
5 Sep 2023, 12:33 am by CMS
’[10] Article 6, the right to a fair trial, could also be curtailed by poverty if the accused cannot afford the requisite legal representation and the government has withdrawn adequate recourse to funds. [read post]
The action against the Jesuit religious community is the second move within a week taken by President Daniel Ortega’s administration against Catholic churches in Nicaragua, following the government’s confiscation of the Jesuit-run University of Central America on August 16. [read post]
First, in August 2022, nineteen state attorneys general[14] wrote a letter accusing BlackRock—the world’s top asset management fund—of compromising return-on-investment by considering ESG factors and abandoning prudent investment principles, particularly with respect to public pension funds.[15] Attorneys general from seventeen different states[16] responded in opposition, explaining ESG factors are like any other material factors that… [read post]
24 Jul 2023, 4:14 am by Peter J. Sluka
  The Firm: Stopped making its pension plan contributions; Terminated its of counsel and most of its support staff; Reduced Plaintiffs’ salaries; Announced in a press release, published in the New York Law Journal, that many of the Firm’s attorneys would be joining WOH; Finally, on April 16, 2020, told Plaintiffs to vacate the office by 5:00 pm the following day, at which time they would lose access to their email and computer system. [read post]
23 Jul 2023, 6:30 am
Executive Summary In 2023 Republican lawmakers in 37 states introduced 165 pieces of legislation to weaponize government funds, contracts, and pensions to prevent companies and investors from considering basic, common-sense risk factors. [read post]
23 Jul 2023, 6:30 am
Executive Summary In 2023 Republican lawmakers in 37 states introduced 165 pieces of legislation to weaponize government funds, contracts, and pensions to prevent companies and investors from considering basic, common-sense risk factors. [read post]
16 Jun 2023, 6:52 am by Class Action Defense
… Continue reading "Illinois Federal Court Dissolves 41-Year Old Consent Decrees That Successfully Quelled The Influence Of Organized Crime In The Management Of Pension Funds" [read post]
27 May 2023, 5:50 pm
It is in this sense that the effective transposition of the operational obligations of the state to an economic enterprise better able  (and better funded) to not merely bear the risk but mitigate it, makes tremendous sense. [read post]
21 May 2023, 12:04 pm by Giles Peaker
Thanks to the generosity of our supporters we have secured funding for a new Law Centre in North Wales. [read post]