Search Results for: civil law
WJP Rule of Law Index 2016; The Top performing countries
November 7th, 2016
The World Justice Project (WJP) Rule of Law Index® is the world’s leading source for original data on the rule of law. The 2016 edition expands coverage to 113 countries and jurisdictions (from 102 in 2015), relying on more than ...
Lawyers ask for $300 million in fees in VW scandal settlement
October 6th, 2016
Plaintiff lawyers who helped negotiate a potential $10 billion settlement with Volkswagen over the diesel emissions scandal fired back at critics who question their request for more than $300 million in fees for negotiating terms that are largely overlapped ...
Over 50 lawyers have formed the Digital Currency coalition
October 4th, 2016
Over 50 lawyers that focus on the legal issues facing digital currency users have formed a coalition to connect their users with pro bono legal resources. Organizations like the ACLU, the Institute for Justice, and the EFF have long ...
CFTC Orders JSC VTB Bank and VTB Capital PLC Jointly to Pay a $5 Million Civil Monetary Penalty
September 20th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against banking institutions JSC VTB Bank (VTB), headquartered in St. Petersburg, Russia, and VTB Capital PLC (VTB Capital) for executing fictitious and noncompetitive block trades in Russian ...
Disbarred lawyer and his law firm have been ordered to pay penalty for a Money Pass Scheme
August 4th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Milton I. Shadur of the U.S. District Court for the Northern District of Illinois entered an Order of Default Final Judgment (Order) against John D. Briner, a disbarred Canadian ...
Law firm’s bank account linked to stolen Malaysian $1bn
July 27th, 2016
Shearman & Sterling has unwittingly become caught up in the biggest ever asset seizure by the US Department of Justice’s anti-corruption unit. According to civil filings to the United States District Court in Los Angeles, the law firm held ...
Robots Are Taking Divorce Lawyers’ Jobs, Too
July 7th, 2016
Online tools that are cheaper than lawyers improve access to justice. Buyers and sellers on EBay use the site’s automated dispute-resolution tool to settle 60 million claims every year. Now, some countries are deploying similar technology to let people ...
Top 10 international law firm announced revenues of EUR 1bn for 2015
June 13th, 2016
CMS, the top 10 international law firm, today announces its financial results for 2015. Total annual revenues of EUR 1.01bn compared with 2014 revenues of EUR 934.5m, a year-on-year increase of 8.4% Net profit up 6.8% compared with 2014 ...
Lawyer Takes Aim at Volkswagen in Europe Over Emissions Scandal
April 26th, 2016
Volkswagen AG is a step closer to resolving its emissions-related legal woes in the U.S., but in Europe its troubles may be just beginning. Volkswagen last week said it was taking a €16.9 billion ($18.85 billion) charge against 2015 earnings, pushing the ...
Why Japan’s plan to raise the number of lawyers it hasn’t worked out
April 4th, 2016
Japan is struggling with an unlikely problem: Its people aren’t litigious enough. Fifteen years ago, the nation kicked off a plan to double the number of lawyers. Officials thought they could breathe dynamism into society by mimicking the Western ...
