Sepp Blatter’s not gone yet. Qatar 2022 is FIFA’s real test of reform
By Sam Laird From Mashable Analysis The world has rejoiced and danced on his figurative grave, but just how dead is Sepp Blatter as an influencer within FIFA? We still have to see what plays out over the next several…
Four banks reach resolutions under Department of Justice Swiss Bank Programme
The Department of Justice announced today that the following four banks reached a resolution under the department’s Swiss Bank Program: Société Générale Private Banking (Lugano-Svizzera) MediBank AG LBBW (Schweiz) AG Scobag Privatbank AG “Today’s agreements reflect the Tax Division’s continued…
Moody’s takes rating actions on Central American and Caribbean banks
Global Credit Research – 03 Jun 2015 Actions follow conclusion of methodology-related review and revision of government support considerations New York, June 03, 2015 — Moody’s Investors Service has concluded its rating reviews on Banco de Costa Rica (BCR), Banco…
Blockchain at Branson’s Caribbean Island
Actress Lucy Liu goes Blockchain at Branson’s Caribbean Island Conference From the Coin Telegraph The Blockchain Summit on Richard Branson’s private island has attracted digital currency’s top names, and even the likes of Hollywood’s Lucy Liu. The people attending the…
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Inhospitable Hospitality: BHP Billiton’s $25M FCPA Fine
By Rebekah Mintzer, From Corporate Counsel When Australian mining company BHP Billiton signed up as a sponsor of the 2008 Summer Olympics in Beijing, it sounded like a great opportunity for brand and business. As part of the deal the…
Lawyer sues EFF for calling his patent ‘Stupid’
By Lisa Shuchman, From Corporate Counsel The Electronic Frontier Foundation, which created its “Stupid Patent of the Month” campaign to highlight flaws in the U.S. patent system, has been sued by a patent attorney and inventor who alleges he was…
US economy contracts in Q1 as dollar hits corporate profits
From Newsmax The U.S. economy contracted in the first quarter as it buckled under the weight of unusually heavy snowfalls and a resurgent dollar, but activity has rebounded modestly. The government on Friday slashed its gross domestic product estimate to…
$1.2 Billion settlement in FTC’s suit against Cephalon
By Saranac Hale Spencer, From The Legal Intelligencer The Federal Trade Commission’s biggest settlement to date—$1.2 billion in a pay-for-delay case—came out of federal court in Philadelphia on Thursday. Cephalon, now owned by Teva Pharmaceutical Industries, agreed to settle a…
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Cayman Islands Premier’s statement relating to FIFA arrests, developments
GRAND CAYMAN, Cayman Islands – Following the news from Zurich last Wednesday, the 27th of May, 2015, of the arrest of a number of FIFA officials, including Caymanian Jeffrey Webb, the Government has been carefully monitoring developments. This was sad…
Cayman Islands Fidelity Bank statement on transactions involving Jeffery Webb
Fidelity Committed to Process Following the recent news reports surrounding the indictment of Jeffrey Webb and others from FIFA, Fidelity Bank (Cayman) Limited (Fidelity), a subsidiary of Fidelity Bank & Trust International Limited, wishes to inform the public that with…
