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Business

Zaid Ibrahim & Co to open offices in Sydney, Melbourne

KUALA LUMPUR: Zaid Ibrahim Co, Malaysia's largest law firm with 130 lawyers, will open overseas offices in Sydney and Melbourne, adding to six it has in Singapore, Thailand, Vietnam and Dubai.

Business

SEC Fraud Case Against Ex-Goldman Trader Tourre In Homestretch

NEW YORK: Testimony ended Monday in the civil fraud case of Fabrice Tourre, with lawyers for former Goldman Sachs trader not calling any witnesses before the U.S. Securities and Exchange Commission's case goes to a Manhattan federal jury.

Property

Thorn in the flesh for consumers

Buyer’s perspective: Having won the case at the Tribunal for Home Buyer Claims, commonly known as the Housing Tribunal, and having been granted an award of RM7,500 as compensation for late delivery, the defaulting developer has refused to abide by the award. The developer wants to challenge the award by filing for judicial review (JR) at the High Court. I checked with several lawyers and they say the legal fees and expenses to represent the client would be approximately RM20,000 at the level of the appellate division of the High Court.

Corporate News

Fugitive Vietnamese tycoon remains in Singapore, lawyer says

SINGAPORE: A Vietnamese tycoon detained in Singapore last week remains in the city-state, one of his lawyers said on Wednesday, easing his family's immediate fears that he could face the death penalty if he was sent back home.

Corporate News

What is at stake for Uber in US bribery probe?

SAN FRANCISCO: A US bribery investigation at ride-hailing company Uber Technologies Inc will likely go on for a year or more and could lead to snowballing legal and compliance costs if lawyers find systemic problems.

Corporate News

Companies made deals that could run afoul of US whistleblower rules

WASHINGTON: Wells Fargo, Advanced Micro Devices and Fifth Third Bank have in recent years agreed to settlement deals that seek to muzzle former employees in ways that some lawyers said could violate US whistleblower protection laws.

Business

Montana billionaire stands ground in trial

MISSOULA, Montana: Yellowstone Club founder Tim Blixseth stayed on the attack Thursday as lawyers and accountants debated over who knew what - and when - during the financial collapse of the ultra-exclusive alpine getaway for the rich and famous.

Business

Ex-IMF leader pleads not guilty to sex assault

NEW YORK:Dominique Strauss-Kahn formally asserted his innocence Monday to charges he tried to rape a hotel maid, but the drama unfolded outside the Manhattan courtroom as protesters jeered the former International Monetary Fund leader and lawyers for the housekeeper said she was eager to testify despite a smear campaign against her.

Business

China's trademark system baffles foreign firms

SHANGHAI/HONG KONG (Reuters) - China's trademark system is a minefield of murky rules and opportunistic "trademark squatters" that even the world's biggest companies and their highly-paid lawyers find hard to navigate, as Apple and Facebook are the latest to find out.