The trial between bankrupt brokerage MF Global, run by former New Jersey Gov. Jon Corzine, and its former accounting firm, PwC, came to an unceremonious end on Thursday, with ... Read More
MF Global, PwC Blame Each Other for MF Global’s Collapse The trial between PwC, one of the world’s largest accounting firms, and the bankrupt brokerage MF Global gets underway. ... Read More
In the week of Groundhog Day it seemed entirely appropriate: Greek farmers, many on tractors, have once again been blockading roads and border posts amid mounting signs that the ... Read More
European Commission proposes new approach to business insolvency in Europe: promoting early restructuring to support growth and protect jobs The European Commission is for the first time presenting a ... Read More
ASIC has permanently banned former NSW financial adviser Mr Ashley Grant Howard from providing financial services after an investigation found he had: engaged in dishonest conduct; held out that ... Read More
South Korea’s Hanjin Shipping plans to take legal action in jurisdictions worldwide to prevent its vessels being seized, as more of its ships were blocked from docking at ports in the ... Read More
The bankruptcy of the Hanjin shipping line has thrown ports and retailers around the world into confusion, with giant container ships marooned and merchants worrying whether hundreds of tonnes ... Read More
A US Judge has given the go-ahead for a $1bn lawsuit against PwC over claims the firm provided bad accounting advice which contributed to the 2011 collapse of MF Global. MF ... Read More
Three years ago, there were reports about bankruptcy of Deutsche Bank, which is managing SOFAZ assets. This is caused by too much unsecured derivatives in the balance of the ... Read More
F. Lee Bailey, a defense attorney who gained fame for his work in two sensational 1960s cases and later was part of O.J. Simpson’s “Dream Team,” filed for personal ... Read More
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