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Former Hedge Fund Manager Sentenced To Five Years In Federal Prison In Securities Fraud Case – US Attorney

LAWFUEL – The founder of an investment firm that operated a hedge fund called the GLT Venture Fund was sentenced today to the statutory maximum penalty of 60 months in federal prison for lying to investors about his fraudulent operation that resulted in approximately $6 million in losses to investors. Keith Gilabert, 33, a Valencia, […]

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Kilpatrick Stockton Partner Elected Vice-Chair of Franchise Section of State Bar of Georgia

ATLANTA (February 25) — Kilpatrick Stockton announced today that Partner, Rupert Barkoff, has been elected Vice-Chair of the newly formed Franchise Section of the State Bar of Georgia. Mr. Barkoff has been a member of the State Bar of Georgia since 1973. He previously served three years as Chair of the American Bar Association’s 2,000

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Real Estate Law – Real Estate Firm Establishes Two National Divisions

Merger with Baltimore-based Wittstadt & Wittstadt Provides for End-to-End Real Estate Title Services – From Closing Through Re-Sale ATLANTA & BALTIMORE– LAWFUEL – Law Firm Newswire –Atlanta-based Morris|Hardwick|Schneider, the largest real estate closing law firm in the Southeast and one of the largest in the nation, announced today that two new mortgage service divisions –

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Clifford Chance lawyers donate 24,000 Euros to Children’s Village in the Dominican Republic

Lawyers of the international law firm Clifford Chance have donated 24,000 Euros raised through a nationwide charity campaign to the children’s charity “Unsere kleinen Brüder und Schwestern e.V.” (“Our little brothers and sisters”) based in Karlsruhe, Germany. The children’s charity “Unsere kleinen Brüder und Schwestern e.V.” provides care to a total of 3,500 orphans and

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Leading London law firms are reforming their decades-old system of hourly charges under pressure from clients complaining of high fees at a time of soaring legal industry profits.

Leading London law firms are reforming their decades-old system of hourly charges under pressure from clients complaining of high fees at a time of soaring legal industry profits. Top firms told the Financial Times they were increasingly offering alternatives to hourly rates and making more use of cost-cutting business practices, such as putting services offshore.

Leading London law firms are reforming their decades-old system of hourly charges under pressure from clients complaining of high fees at a time of soaring legal industry profits. Read More »

Eversheds Bolsters Tax Law Team With Appointment Of Clive Jones – Other Hires From Freshfields, Ernst & Young

LAWFUEL – Law Firm Newswire – International law firm Eversheds has further bolstered its tax team with the appointment of Clive Jones as partner. Clive’s appointment follows the recent hires of senior associate Caspar Fox from Freshfields, head of indirect tax Martin Scammell and tax director Lucy Cox, both from Ernst & Young. Clive has

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Eversheds Advises Close Investments On Norwegian Portfolio Acquisition

LAWFUEL – Legal Newswire – International law firm Eversheds has advised European Property Investment Portfolio Plc (Europip), a newly established property fund sponsored and managed by Close Investments, on its acquisition of a mixed portfolio of 15 properties in Norway from Kenmore Property Group for approximately 85 million euros. This transaction is expected to be

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IRS Announcement – Credit for Honda Hybrids Begins to Phase-Out

WASHINGTON — After reviewing the fourth quarter 2007 sales of American Honda Motor Company, Inc., the Internal Revenue Service announced that purchasers of qualifying Honda vehicles may continue to claim the Alternative Motor Vehicle Credit. Given the number of vehicles sold, the phase out period for Honda vehicles began on Jan. 1, 2008. Honda sold

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India’s Ministry of Finance publishes Issuance of Foreign Currency Exchangeable Bonds Scheme 2008

LAWFUEL – Legal Newswire – Following last week’s announcement by the Ministry of Finance (MOF) that Indian companies would be permitted to raise funds abroad by issuing foreign currency exchangeable bonds (FCEB), the MOF has now published the Issuance of Foreign Currency Exchangeable Bonds Scheme 2008 (FCEB Scheme). FCEBs are defined as bonds expressed in

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FBI’s Top 10 Stories – From Extraditions To Hedge Fund Fraud

LAWFUEL – Legal Newswire – 1. Miami: Irish Citizen Extradited From Switzerland for Money Laundering Gabriel MacEnroe, an Irish citizen, was extradited from Switzerland and sentenced in a fraudulent pyramid scheme targeting victims in the U.S. Full Story 2. Miami: Five Individuals Indicted for $200 Million Hedge Fund Fraud Michael Lauer, founder of Lancer Group

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