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Business

Mt Gox founder won't appear before in US for questioning

REUTERS: Mark Karpeles, the founder of Mt. Gox, said he would not come to the United States to answer questions about the Japanese bitcoin exchange's US bankruptcy case, Mt. Gox lawyers told a federal judge on Monday.

Corporate News

China's Huawei CFO sues Canada govt ahead of Wednesday court appearance

OTTAWA: The lawyers for Huawei Chief Financial Officer Meng Wanzhou(pic) are suing the Canadian government, its border agency and federal police, alleging their client was detained, searched and interrogated for three hours in violation of her constitutional rights.

Business

Musk's U-turn on Tesla deal could intensify his legal, regulatory woes

WASHINGTON: Tesla Inc Chief Executive Elon Musk's decision to abruptly abandon a plan to take his electric carmaker private will not resolve his mounting regulatory and legal woes, and may even make them worse, some securities lawyers said.

Business

Grab’s Uber deal still has some obstacles to navigate

SINGAPORE: Regulatory scrutiny could complicate ride-hailing company Grab’s takeover of Uber Technologies’ South-East Asian business, but there is little the authorities can do to stop Uber from simply exiting the region, lawyers and analysts said.

Business

Brexit’s impact more profound than expected

Diamond says lawyers are likely to join bankers in moving away

Business

Wells Fargo may have created 3.5 million unauthorised accounts

NEW YORK: Wells Fargo & Co may have opened as many as 3.5 million unauthorised customer accounts, far more than previously estimated, according to lawyers seeking approval of a US$142mil settlement over the practice.

Business

SC enhances guidelines on corporate finance advisers

KUALA LUMPUR: The Securities Commission (SC) is proposing to expand the pool of qualified service personnel (QSP) by allowing lawyers and reporting accountants with the relevant experience to join.

Business

SC moves to enhance guidelines on corporate finance advisers

KUALA LUMPUR: The Securities Commission (SC) is proposing to expand the pool of qualified service personnel (QSP) by allowing lawyers and reporting accountants with the relevant experience to join.

Business

'Grumpy hold-outs' could sink Bitfinex recovery plan after Bitcoin theft

HONG KONG: Crypto-currency exchange Bitfinex's plan to impose losses on all its trading clients for the theft by hackers of US$72 million in Bitcoin rests on two flawed pillars, according to lawyers.