Latest legal news

US financial services company Standard & Poor finds itself facing a $5 billion civil fraud lawsuit after the US government was given the go-ahead by a federal ruling to pursue the case, despite S&P's attempt to have the lawsuit dismissed. | 13yrs

Italian luxury retailer Loro Piana, which has more than 130 boutiques worldwide, has just sold an 80 per cent stake for $2.6 billion. | 13yrs

German lawyer Sven Thomas of Dusseldorf firm Thomas Deckers Wehnert Elsner has been lined up to defend Formula One chief Bernie Ecclestone after German prosecutors charged him over the payment of a $44 million bribe. | 13yrs

Spanish law firm Broseta has announced plans to form and head a strategic alliance with law firms in South America. | 13yrs

The International Association of Young Lawyers (AIJA) has this week written to US President Barack Obama in an appeal for the closure of Guantanamo Bay prison in Cuba after Muslim prisoners were force-fed during the Ramadan fasting period. | 13yrs

Pharma company GlaxoSmithKline is sending lawyers out to China as part of a team to get to the bottom of the corruption allegations made by the Chinese authorities. | 13yrs

A round-up of recent global deals and the lawyers who made them happen. | 13yrs

A class action against LegalZoom over its charges for a trademark application cannot go ahead, according to a Texan court. | 13yrs

International law firm Eversheds has been quick to denounce a proposed UK law to punish directors of failed businesses under a new law that would see them being held responsible for the failings of the company. | 13yrs

Black male prisoners spend more time behind bars than white male prisoners even though they are being locked up for similar crimes, a US Sentencing Commission report has revealed. | 13yrs

Law schools across the US are shedding staff as the numbers enrolling shrink dramatically. | 13yrs

Allen & Overy has topped the latest capital markets league table for the first half of 2013. | 13yrs

International law firm Akin Gump Strauss Hauer & Feld LLP is set to restructure its partnership to become an all-capital partner system. | 13yrs

Law firms need to re-evaluate how they work and the way they charge for it if they are to develop modes that balance their clients' needs with their own need to make a profit. | 13yrs

Global law firm Baker & McKenzie is set to bolster its Spanish practice in Madrid by hiring a team of lawyers from Spanish law firm Ramón y Cajal. | 13yrs

The Association of Corporate Counsel (ACC) has opened its first Asian chapter in Singapore. | 13yrs

A weekly round-up of in-house legal moves from around the globe. | 13yrs

Litigation is on the up, with one in three corporates reporting an increased number of legal disputes - leading to a higher legal spend on litigation over the past 12 months. | 13yrs

Two more city brokers have been charged over the Libor scandal. Terry Farr and James Gilmour, who previously worked at interdealer broker RP Martin, have now been charged by the City of London Police. | 13yrs