Latest legal news

A US$16.65b settlement agreed by Bank of America in August is being delayed because of the existence of certain waiver clauses in relation to $135m of that sum which is owed to the SEC (Securities and Exchange Commission). | 11yrs

The Chinese Communist Party's announcement on legal reforms, at the end of its annual plenum, has disappointed people who hoped for progress. | 11yrs

The trend for US companies to move their HQs to countries with lower tax charges owes much to the ingenuity of government tax specialists who helped design or implement the rules and then went private. | 11yrs

Swiss bank UBS has come in 5% under analyst expectations in Q3 2014, held back by legal provisions of €1.5b. | 11yrs

Shipping tycoon Andonis Lemos looks set to lose the £13.75m he put up as a professional litigation funder because of family connections with the Clifford Chance partner handling the case. | 11yrs

Mexico City law firm Gallastegui y Lozano is merging in with DLA Piper, strengthening the practice by another seven partners. | 11yrs

Deutsche Bank is expanding and rejigging its board partly with the aim of tackling the legal and regulatory issues it faces. | 11yrs

A Tennessee lawyer has been censured for using improper methods to obtain her divorce. | 11yrs

Members of Sam's Club, a retail warehouse subsidiary of Walmart, are being offered 'exclusive savings' on legal documents and some legal advice. | 11yrs

A UK-based accountancy firm is planning to offer advocacy services in front of employment tribunals and a broad range of services, including legal advice, on low-end M&A. | 11yrs

Irish lawyers are asking their government to hold up the ratification of a trade deal because of the murders of lawyers in Colombia - running at the rate of one a month. | 11yrs

Some 7,176 Kenyan lawyers are to offer services for free this week to highlight the availability of Legal Aid. | 11yrs

BT, the UK telecoms provider, has begun offering employment legal advice to external businesses just over a year after setting up part of its legal team as an ABS (alternative business structure) called BT Law. | 11yrs

A law school debt calculator produced by the Washington Post is suggests that many students will be taking a risk by following this career path. | 11yrs

Three insurance and commercial litigation specialists are leaving Sparke Helmore to open up a Brisbane office for Clyde & Co, its fourth in Australia. | 11yrs

Singapore is debating the case of a company secretary who acted for 1,000 companies to see if a limit should be put upon the number. | 11yrs

The Department of Justice's and its newly created Prosecution Task Force on Cybercrime are calling for specialist courts to be set up. | 11yrs

A law firm in Michigan which defends people on drunk driving charges is to let clients pay it by Apple Pay, the contactless system that can be used via iPhones, Apple Watch and iPads. | 11yrs

A report produced in 2000 on the way government lawyers questioned President Bill Clinton's intern and intimate Monica Lewinsky upholds her statements that she was treated poorly by them. | 11yrs