LawFuel.com – Legal Announcements – Henry Jones, 54, a record company executive, formerly of Marina Del Rey was sentenced to 20 years in federal prison this morning having been found guilty in connection with a Ponzi-scheme. Two other defendants, Arthur Simburg, 64, of Portland, Oregon, formerly of Los Angeles, and Robert Jennings, 59, a pastor […]
Hong Kong, 16 April 2009 – International law firm Orrick, Herrington & Sutcliffe LLP (Orrik) has advised Woori Investment & Securities (Woori) based in Seoul in relation to the establishment and launch of two hedge funds, Woori Absolute Asia Multi-Strategy Fund and Woori Absolute Global Opportunities Fund, with initial capital of US$100 million. Orrick’s team
US Law – Orrick’s Asia Funds Team Advises Woori on Innovative Offshore Hedge Fund Read More »
Linklaters notched up more than 33 million pounds in fees for its first six months of work advising on the collapse of Lehman Brothers. A progress report from administrator PricewaterhouseCoopers has revealed that the law firm billed PwC 33.5 million pounds ($50.2 million) for advice given between September 2008 and March this year. The figure
Summons to First Data Will Identify Merchants Who Deposit Proceeds of Their Businesses In Offshore Jurisdictions WASHINGTON (LAWFUEL) – The Department of Justice today asked a federal court in Denver to approve service of a John Doe summons on First Data Corporation. “John Doe” summonses allow the IRS to obtain information about United States taxpayers
Department of Justice Asks Court to Serve Summons for Offshore Records Read More »
Washington, D.C., April 15, 2009 (LAWFUEL) – The Securities and Exchange Commission announced today that it has reopened the public comment period on a proposal for a model privacy form that financial institutions could use to provide disclosures required by the Gramm-Leach-Bliley Act (GLBA). The Commission is reopening the comment period in order to solicit
Washington, D.C., April 15, 2009 (LAWFUEL) – The Securities and Exchange Commission today charged a former New York state political party leader and a former hedge fund manager in connection with a multi-million dollar kickback scheme involving New York’s largest pension fund. In an amended complaint filed today in federal district court in Manhattan, the
PHOENIX (LAWFUEL) – The U. S. Attorney’s office and the Internal Revenue Service, Criminal Investigation Division, today announced highlights of their work so far this year to defend and enforce the nation’s tax laws. Special Agents from IRS Criminal Investigation have tracked down bogus trust promoters, tax defiers, unscrupulous return preparers, scam artists, and others
U.S. Attorney’s Office Hightlights Recent Arizona Federal Tax Enforcement Results Read More »
Washington, D.C., April 14, 2009 (LAWFUEL) – The Securities and Exchange Commission’s Office of the Chief Accountant and Division of Corporation Finance today announced the release of Staff Accounting Bulletin (SAB) No. 111. This SAB amends Topic 5.M. in the Staff Accounting Bulletin Series entitled Other Than Temporary Impairment of Certain Investments in Debt and
Lawfuel.com – Legal Announcement Service – Practice Grows as Firm Has Lead Roles in Three of Largest 2008 Chapter 11 Cases New York, April 14, 2009 — The international law firm of Chadbourne & Parke LLP announced today that Douglas Deutsch, Seven Rivera and Andrew Rosenblatt have been named partners in the Firm. All three
LawFuel.com – The Legal Announcement Service NEWS RELEASE PREPARER FRAUD FACT SHEET IRS – Criminal Investigation, Los Angeles and San Diego For Immediate Release Contact: Angie Ortanez, Special Agent Public Information Officer Office: (619) 615-9036 Mobile: (619) 770-9310 IRS CRACKS DOWN ON RETURN PREPARER FRAUD Chino Hills Tax Preparer Sentenced to 11 Years in Prison
IRS – Preparer Fraud Fact Sheet – IRS Cracks Down on Tax Return Preparer Fraud Read More »
