DOJ cites ‘Breathtaking Flagrancy’ in charges against five banks
By Jenna Greene, From The National Law Journal Major banks agree to felony charges over currency manipulation and will pay more than $5B in penalties. Five major banks on Wednesday agreed to plead guilty to felony charges and pay more…
Qunar: Overvalued With Numerous Risks And Skyrocketing Costs
By John Zhang from seeking Alpha Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More…) Summary Spiraling costs indicate multiple risks and headwinds. Search-to-revenue conversion rate…
Jury sides with Anapol Schwartz in gay lawyer’s suit
By Max Mitchell, From The Legal Intelligencer A Philadelphia jury has rejected a gay lawyer’s claims against Anapol Schwartz over his aborted lateral move. The jury in Downs v. Anapol Schwartz rendered a defense verdict Tuesday afternoon, finding for the…
The people who control the Internet got together in a room yesterday — here’s what they’re worried about
By Cale Guthrie Weissman From Business Insider On Thursday, in a large Romanesque ballroom on Manhattan’s Amsterdam Avenue, the people who make the big decisions relating to the underlying technology of what we call the “internet” sat discussing the future….
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Haitian Airline receives permit for scheduled Port-Au-Prince to Santo Domingo Flights
By Brian Major From Travel Pulse Haiti-based Sunrise Airways this week received an operating permit from the Dominican Republic’s Institute of Civil Aviation which allows the airline to commence regularly scheduled flights between Port-au-Prince and Santo Domingo, the capital cities…
Bribe upon bribe upon bribe: how Fifa and its cronies carved up football
By David Conn From The Guardian UK • US district court alleges massive corruption including $10m payment • American Chuck Blazer allegedly received $750,000 bribe • Concacaf president Jeffrey Webb accused over alleged $3m bribe The case against Jack Warner…
JPMorgan claims defectors poaching clients
By Charles Toutant, From New Jersey Law Journal JPMorgan Chase Bank has sued six former wealth managers who quit en masse to join competitor Morgan Stanley and are allegedly soliciting their $2 billion base of former clients to follow them….
Kayak.com suit sheds light on emerging IP issue
By Zack Needles, From New Jersey Law Journal The parties in a New Jersey federal suit over whether a travel search engine infringes a patent for quote-generating software are wrestling with a relatively new question in intellectual property law: When…
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iNews Briefs, More and Community Events
Community Events MAY 28 Public Lecture GT All are invited to a Public Lecture on “The Relevance of Christianity in a Post Christian World” on Thursday May 28th at the Elmslie Memorial Church Hall, Harbor Drive, George Town at 5:30pm….
Cayman Islands Enterprise City at Vancouver Tech Convention
Cayman Enterprise City Partners with Harneys and BDO for Presence at Tech Industry Convention in Vancouver Cayman’s Special Economic Zone and global firms promote advantages of the Cayman Islands to Canadian companies Grand Cayman, Cayman Islands (May 26th, 2015) –…
