04/10/2015
Transparency Issues at Hedge Funds Continue
But do the managers have the ability to meet this demand?
Legal, Regulation & Compliance
04/09/2015
Dentons US and McKenna Long to Combine
On the Heels of Dentons' Historic Combination in China, US Merger Brings Clients of Both Firms Advantages in North America and Around the Globe
04/09/2015
Debevoise Names Six New Partners
Debevoise & Plimpton LLP is pleased to announce that Jennifer L. Chu, Sally Gibson, Meir D. Katz, Richard Lawton, Jim Pastore and Scott B. Selinger will become partners of the firm, effective July 1, 2015
04/09/2015
SEC Obtains Asset Freeze in Ponzi Scheme Involving Loans to Professional Athletes
The Securities and Exchange Commission today announced fraud charges against a former professional football player and others
04/09/2015
IMF Wants More Hands-On Regulation Of Asset Managers
The asset management industry has come under increased scrutiny from regulators around the world as attention turns from the risks to financial stability posed by the largest banks to the risks posed by the shadow banking sector, including asset managers.
04/08/2015
Judge orders Prince Andrew sex allegations struck from court record
Virginia Roberts’s accusations about Andrew ordered to be struck from the record as judge denied her attempt to join a lawsuit against Jeffrey Epstein
04/07/2015
Wall Street Law Firms Challenge Hedge-Fund Deal Tactic
Lawyers take issue with ‘appraisal arbitrage’ strategy
04/07/2015
UN Pension Accused of ‘Massive Fraud’
The fund CEO allegedly tampered with documents and attempted to hire a 90-year-old, according to UN staff and union heads.
04/07/2015
New Russian CFC Rules Will Impact Inbound U.S. Tax Planning
The primary investment sought by wealthy Russians typically has been U.S. real estate in cities such as New York and Miami.
04/07/2015
Argentine regulators inspect Citibank, following dispute over accord with hedge funds
Citibank Argentina CEO Ribisich was suspended last week in the wake of that deal.
04/07/2015
Debevoise Names Six New Partners
The firm’s commercially savvy lawyers regularly lead strategic transactions and complex disputes for world-class clients.
04/06/2015
Finra arbitration panel awards investor $1.3 million from ex-Stifel broker
Broker's former daughter-in-law claims churning and fiduciary breach
04/06/2015
Finra bars leading seller of private real estate investments from securities industry
The regulator said he misrepresented $50 million private offering that later went into default
04/02/2015
Former Canada Life agent lodges guilty plea
Man accused of stealing €800,000 has case sent on to
04/01/2015
Dwight Freeney is suing Bank of America for $20 million
The lawsuit appears to be connected to a case from early 2014
04/01/2015
Swiss Asset Manager Pleads Guilty in US Tax Avoidance Scheme
According to the allegations in the superseding Information and the prior indictment, as well as statements made during the plea proceeding and other documents filed in federal court in Manhattan, New York:
03/31/2015
SignatureFD launches wealth management solution for attorneys
Busy attorneys simply don’t have the bandwidth or the desire to coordinate all the details of their financial life
03/31/2015
BSI becomes first Swiss bank to settle under U.S. tax program
Swiss private bank avoided prosecution for suspected tax-related offenses by paying a $211 million penalty
03/31/2015
SEC Accuses PE Magnate of Defrauding Investors
Instead, nearly all valuations of loan assets have been reported to investors as unchanged from the time they were acquired despite many of the companies making partial or no interest payments to the funds for several years.
03/31/2015
Judge Won't Dismiss Suit Over Fees for BlackRock Funds
Wolfson denied the motion to dismiss based on the plaintiffs’ allegations