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Inside Counsel

Teva Pharmaceutical at center of FCPA probe

The worlds largest generic-drug maker is at the heart of a Foreign Corrupt Practices Act (FCPA) investigation.
3 minute read

Inside Counsel

24/7 work schedules not uncommon in corporate bankruptcies

Creditors of Washington Mutual Banks (WaMu) parent company suspected fraud when Judge Mary Walrath approved the final fees in the bankruptcy case this week.
6 minute read

International Edition

Damned if you do – the Bar Standards Board's unwelcome place in the spotlight

Bar regulator gets full chattering class treatment on Today as criticism of BSB mounts. Suzanna Ring reports
6 minute read

Inside Counsel

FTC approves $22.5 million fine in Google privacy case

The Federal Trade Commission (FTC) will levy a $22.5 million fine against Google Inc. to settle allegations that the search giant bypassed privacy settings on Apple Inc.s Safari browser, according to Reuters.
2 minute read

Inside Counsel

Regulatory: Complying with states’ foreclosure reform legislation

Less than six months ago, the federal government and 49 states announced a $25 billion settlement with the countrys five largest loan servicers, which, among other things, involves nationwide reforms to mortgage servicing standards and foreclosure practices.
8 minute read

Inside Counsel

State courts to decide if illegal immigrants can become lawyers

Can someone who is in the U.S. illegally be counted upon to uphold its laws?
2 minute read

Inside Counsel

CFPB sues Los Angeles law firm

The Consumer Financial Protection Bureau (CFPB)an agency founded under Dodd-Frank to regulate consumer protectionhas filed its first ever civil enforcement action in federal court, and the lucky defendant is a Los Angeles law firm.
3 minute read

Inside Counsel

MF Global corporate trustee confident that customers’ funds will be returned

Customers who are missing $1.6 million in funds tied to the collapse of the futures brokerage MF Global Holdings Ltd. will eventually get their money back, according to trustee Louis Freeh.
2 minute read

Inside Counsel

Regulatory: Do you need a consultant or a lobbyist?

As the interactions between business and government become more complex and fall under a wider and wider net, the need to hire government affairs specialists has increased proportionally
4 minute read

International Edition

SFO confirms criminal powers to tackle Libor manipulation offences

Bankers involved in the Libor-rigging scandal could face jail terms after the Serious Fraud Office (SFO) confirmed that existing legislation will suffice to bring criminal actions against banks and individuals. In a statement, the SFO said: "The Director of the Serious Fraud Office, David Green QC, is satisfied that existing criminal offences are capable of covering conduct in relation to the alleged manipulation of Libor and related interest rates. The investigation, announced on 6 July, involves a number of financial institutions."
3 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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