Law Admin

Washington, D.C., Aug. 11, 2008 (LAWFUEL) – The United States Securities and Exchange Commission today filed charges against Wextrust Capital, LLC (Wextrust), its principals, and four affiliated Wextrust entities, alleging that defendants conducted a massive Ponzi-type scheme from 2005 or earlier that raised approximately $255 million from approximately 1,200 investors. The targets of the fraudulent

Washington, D.C., Aug. 11, 2008 (LAWFUEL) – The Securities and Exchange Commission today announced the distribution of more than $48 million to more than 12,000 investors who were victims of fraudulent financial reporting by media conglomerate Vivendi Universal, S.A. Investors receiving checks reside in the United States and in 15 other countries. More than half

Budapest, 11 August 2008 (LAWFUEL) – Oppenheim, one of Hungary’s leading law firms, has announced today that Simon Peter Benedek (41) joined Oppenheim as counsel. Benedek will be focusing his efforts at the firm on banking and finance. Before joining Oppenheim, Benedek was seconded to the Budapest office of the US law firm of White

Dubai – LAWFUEL – Legal Announcements – The Bahrain based Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) recently appointed Oliver Agha, Global Head of Islamic Finance at DLA Piper, one of the largest global law firm by number of lawyers, to its Accounting and Auditing Standards Board (AASB) and Auditing and Governance Standards

In the latest news release from the Tanner and Haley travel news blog, a new theory was proposed as to how many people get raped on cruise ships and may not even know about what happened. According to a report released by the U.S. State Department, each year nearly 50,000 victims fall prey to a

August 9, 2008 (by Otto Smyth) According to reports by Los Angeles injury lawyers, the latest John Edwards Scandal involves former personal injury attorney John Edwards. Many may not have known he was an injury lawyer when they were amid the latest scandal involving his former so called “employee” and possible “love child” from the

(LAWFUEL) – Clyde & Co LLP has advised the world’s largest insurance broker, Aon, on its authorisation to operate in Qatar by the Qatar Financial Centre Regulatory Authority (QFCRA), in a move that is seen as significant in the Qatar market. Clyde & Co partner Wayne Jones, assisted by Senior Associate Caroline Jaffer, advised Aon