Search Results for: legal
European Commission finds Luxembourg gave illegal tax benefits
June 28th, 2018
The European Commission has found that Luxembourg allowed two Engie group companies to avoid paying taxes on almost all their profits for about a decade. This is illegal under EU State aid rules because it gives Engie an undue ...
Deutsche Bank spends $17 billion in a decade on legal costs
June 25th, 2018
Despite spending $17 billion, the bank still has five of its biggest cases outstanding and has set aside $2.9 billion for litigation provision in the first quarter. German’s Deutsche Bank has spent more than $17 billion over the past ...
US law firm joined forces with a legal services operator to create a market-disrupting legal platform
June 15th, 2018
A US law firm has joined forces with a legal services operator to create a market-disrupting legal platform, removing business operations from the law firm. US AmLaw 200 firm LeClairRyan has entered into a joint venture with UnitedLex to ...
Here’s the first deal of the legal sports betting era: Paddy Power Betfair is buying FanDuel
May 24th, 2018
Earlier this month, the U.S. Supreme Court gave the go-ahead to legal sports gambling. Now we have the first result of that deal: Paddy Power Betfair, a U.K.-based sports-betting heavyweight, is buying FanDuel, a big fantasy sports operator. This ...
LegalTech innovators should encourage transparency
May 18th, 2018
Legal disruptors are carrying out research and development for the legal profession, a Chicago professor says. A Chicago professor has challenged legal innovators to #MakeLawBetter by encouraging greater transparency to improve the sector. Dan Katz, associate professor and director ...
Luxury brand Gucci and Guess end nine year legal battle over the letter G
April 27th, 2018
After a nine-year long legal battle over the Guess logo and diamond pattern, which Gucci alleges are direct copies of its trademark, the two companies said they had reached an agreement “which will result in the conclusion of all ...
Leaked EU legal overhaul: Tech companies to share ‘e-evidence’ data with police within 10 days
March 30th, 2018
Messaging apps and other digital services will be forced to give their users’ data to law enforcement authorities within ten days of receiving requests, or six hours in emergencies, according to a leaked draft of an upcoming EU legal ...
Cryptocurrency boom: France’s financial regulator published a legal analysis of cryptocurrency derivatives
March 28th, 2018
The Autorité des Marchés Financiers (AMF) has carried out a legal analysis of cryptocurrency derivatives. The process of reasoning is twofold: on the one hand, to determine the legal qualification of the notion of “derivative” in the context of ...
Brexit legal text signals greater EU urgency
March 8th, 2018
Brussels is not waiting around anymore for the U.K. to get its act together on Brexit. The European Commission’s publication of a 120-page draft withdrawal treaty will signal a new approach in the Brexit process that might best be ...
This is the first country in the world to recognize a cryptocurrency as legal tender
March 5th, 2018
The Marshall Islands is creating its own digital currency in a bid to raise money. In doing so it becomes the first country in the world to recognize a cryptocurrency as legal tender. The small Pacific Island nation passed ...
