Law Admin

LAWFUEL – The Law Firm Newswire – Yesterday, Citi announced that it has agreed to sell its Smith Barney brokerage operations in Puerto Rico to Popular, Inc. The business has approximately $1.8 billion in assets under management and 15,000 accounts. Terms of the deal were not disclosed. The sale follows the announcement made earlier this […]

LAWFUEL – The Legal Newswire – Lovells has advised OJSC Power Machines (“Power Machines”), a major Russian producer and supplier of equipment for hydro, thermal, gas, and nuclear power plants as well as electricity transmission and distribution equipment, on the issue of 1.492 billion ordinary shares for US$275 million. The global coordinator and book runner

Moscow/London August 28, 2007 – LAWFUEL – The Legal Newswire – Baker & McKenzie, the global law firm, has announced today that it has advised Home Credit and Finance Bank LLC (HCFB) on the first-ever Russian securitisation of credit card receivables (revolving card loans) originated by HCFB. The securitisation transaction was arranged by ABN AMRO

LAWFUEL – The Legal Newswire – LawFuel lead story – The lawyer for Madeleine McCann’s parents accused sections of the media of “inhumane” scandal-mongering as the couple launched a defamation action against a Portuguese newspaper. Gerry McCann said he and his wife, Kate, were “deeply hurt” by a front-page story in Tal & Qual which

Friday 31 August 2007 LAWFUEL – The Legal Newswire – Former investment adviser and principal of Golconda Resources, Mr Mark Alan Taylor, was sentenced today in the South Australian District Court to 18 months imprisonment on 63 charges relating to the promotion of investments in the failed Queensland investment scheme known as the Wattle Group.

PHOENIX – LAWFUEL – The Legal Newswire – Bernardo Mancinas-Flores, 29, of Sinaloa, Mexico, was found guilty by a federal jury in Phoenix of Conspiracy to Take Hostages, Hostage Taking, Conspiracy to Harbor Illegal Aliens, Harboring Illegal Aliens, and Possessing and Using a Firearm during, and in relation to, a crime of violence. The case

LAWFUEL – The Legal Newswire – President George W. Bush on Friday tried to calm financial market turmoil from the credit crisis by announcing proposals intended to prevent homeowners from defaulting on risky mortgages. Reuters report that rising U.S. defaults on so-called subprime mortgages to less credit-worthy borrowers have caused volatility in financial markets around

LAWFUEL – The Legal Newswire – For the Week Ending August 31, 2007 1. FBI Headquarters: Protecting Your Business Against Bomb Threats As the result of several financial and commercial institutions throughout the U.S. receiving extortion bomb threats, the FBI has launched a public campaign on how to respond to a potential bomb threat. Full

TUCSON, Ariz. – LAWFUEL – The Law Newswire – Agripina Rey-Carrasco, 46, of Phoenix, was sentenced here today to 15 months in prison, to be followed by three years of supervised release, by U.S. District Judge Raner C. Collins. Her daughter and co-defendant, Aracely Carrasco-Rey, 27, also of Phoenix, was sentenced to 18 months in