Law Admin

Not for the first time, a piece of financial regulation with a “made in Brussels” label is causing a stir in the City. Some bankers and lawyers in London’s financial district are upset about the market abuse directive, which aims to create a European Union-wide regime for preventing and detecting misdeeds such as insider trading

The driver of the sealed truck that carried 19 illegal immigrants to grisly deaths nearly two years ago in South Texas in the nation’s worst human smuggling disaster went on trial for his life here Tuesday with the government and the defense offering the jury sharply different pictures of his culpability. In his opening statement,

A man who shot himself to death during a traffic stop in Wisconsin claimed in a suicide note that he killed a federal judge’s husband and mother, a source close to the investigation told The Associated Press Thursday. Chicago Police Department spokesman David Bayless identified the man as Bart Ross. WMAQ-TV in Chicago also reported

The boy accusing Michael Jackson of molesting him has testified he slept in the US singer’s bedroom where they watched internet pornography together. Gavin Arvizo, 15, came face-to-face with the singer for the first time in court, as he took the witness stand. The boy told the court that he once considered Mr Jackson his

The 14-year-old boy who told a court he saw Michael Jackson sexually molesting his older brother has admitted that he once lied under oath in court. Star Arvizo made the admission – about a separate case – as Mr Jackson’s lawyers cross-examimed him on the seventh day of the trial in California. Lawyers also probed

Merrill Lynch & Co. agreed to pay $23.5 million to the New York Stock Exchange and the state of New Jersey, promising reforms to resolve allegations it failed to supervise employees who made improper mutual fund trades. New Jersey’s attorney general said Merrill Lynch will pay the state a $10 million civil penalty and separately,

DLA has sunk 53 places in The Sunday Times 100 Best Companies to Work For list. DLA was one of the highest ranked law firms at 35 in 2004, but the now-merged DLA Piper Rudnick Gray Cary languishes at 88 in this year’s list. DLA’s decline comes from a heady height. In 2003 it was

At least he was spared the indignity of wearing an electronic belt designed to stun wearers if they try to flee. OJ was forced to wear one when he accompanied jurors on a field trip to the scene of his former wife’s murder. Michael Jackson did not need one: he never left the courtroom. His

Aon Corp. agreed to pay $190 million to settle charges by three states that it accepted hundreds of millions of dollars of improper payments in exchange for steering clients toward favored insurance companies, the Illinois attorney general said on Friday. The world’s second-largest insurance broker, based in Chicago, settled with Illinois, New York and Connecticut,

Franklin C. Brown is in. Once the top lawyer at Rite Aid Corp., Brown reported to prison last week to begin serving 10 years for the role he played in accounting fraud that forced the third-largest U.S. pharmacy chain to retroactively reduce earnings by $1.6 billion. And in the next few days, Bernard J. Ebbers