Legal & Regulatory
Whittier and Fund Manager Agree To Pay Settlement for Civil Regulatory Case
Whittier Trust Co. and fund manager Victor Dosti agreed to pay around US$1.68 million to settle the civil regulatory case filed against them.
Legal Hurdle for Micron-Elpida Deal Appears Clear
US Bankruptcy Court Judge, Christopher Sontchi granted planned acquisition deal without legal challenge between Micron Technologies Inc. and Elpida Memory Inc.
Clearance for SoftBank-Sprint Deal Confirmed by Justice
The Federal Communications Commission through its website announces no objection with the SoftBank offered bid of US$20.1 billion to acquire Sprint Nextel.
Strict IPO Rules Released After Xiao Tackles Fraud
China's Securities Regulatory Commission became stricter as its new Chairman, Xiao Gang aims to tackle fraud crack down to protect investors.
Latest News
Royalty Pharma's bid was threatened to be dismissed after the takeover panel released rulings that the US based company could no longer revise the terms on its proposed deal.
JPMorgan Chase & Co. (JPM) loses its challenge to the cost-recovery plan that the California grid operator requires as set by the Federal Energy Regulatory Commission (FERC).
Vietnam is looking for expansion in its stock market from foreign investors after restrictions on foreign ownership limit is considered by its government.
Jefferson County finally reached settlement for its debts with seven hedge funds including JPMorgan Chase & Co.
Canadian Industry Minister, Christian Paradis squashes Telus Corp's application for a takeover deal with Mobilicity following the Canadian ban for spectrum licenses acquisition from smaller rival companies.
Emaar MGF, the joint venture between Emaar Properties PJSC and MGF Development Ltd is being accused of FEMA violations.
Nathan Tinkler agrees to a settle a US$12 million agreement with Blackwood Corp Ltd for a lawsuit filed against him for insolvent trading.
AIG, GE Capital and Prudential Financial confirm receipt of notification for regulatory oversight. (Photo : REUTERS)American International Group Inc, the insurer rescued by the U.
Shire Plc (SHP) pulled off a settlement agreement with Teva Pharmaceutical Industries Ltd. (TEVA), enabling the later to manufacture cheap generic copies of Intuniv.
FSA announced that Danish banks will be free to use hybrid debt instruments that has ended bank speculations on the use of equity alone to fulfill lender requirements.