GLG News in Legal, Economic & Regulatory Affairs

Credit Card Fraud in Indonesia High-technology to date has been internationally motivated criminals to go along with it. Indonesia has been also, "a victim" of this High-tech so as the fast and increasing mobility of electronic funds transfer. The role of Central Bank of Indonesia ie to suprevise all banks which are  operated in Indonesia, has declared a CB's rule to KYC, and Indonesian...

It is important to understand the nature and risks of the current crop of class action litigation in order to understand financial risk and exposure to the institutions who are now being sued. It is still unclear whether these new class action suits will be as devastating as the last major wave during the IPO era. This exposure will continue to trouble the investment market for these institutions....

Many home builders are concerned that a provision in the new federal Housing Bill will reduce sales to borrowers that used phoney grants from charities to fund their downpayments.   The new legislation ends the circular charade of allowing builders and other home sellers to jack up the price of their properties by 3% and then use those proceeds to make a "donation"...

Are ARS buy backs another quick fix to possibly avoid Big Brother's further microscope?ARS buybacks by the largest banks will likely have most if not all of the other branches of this financial industry following suit!

The direction of many patent cases seems to depend on specificity!Many large corporations may pay millions if hairs are not split!

1.  Companies that do not have Political Action Committees face more risks from political activity that companies that have PACs.  2.  Companies most at risk for political fundraising violations include those run by dominant founders and companies seeking or relying upon government business.  3.  Corporate executives may engage in political fundraising on the job and at the...

As the economy struggles, class actions rise!ARS class actions have felt a surge with the sub-prime problems!

Identity theft continues to be an issue with no safe haven in sight!Personal financial data seems to have no absolute protection!

A federal appeals court has cleared the way for cable and satellite companies to allow consumers to record and store programming remotely on the cable company's servers.  This will provide more storage and perhaps more functions than on a DVR, and bypass the need to even have one. The case stands a good chance of being appealed to the Supreme Court for a final ruling that could be as far-reaching...

Why does the supervisory board announces claim damages against 11 of its former executive board members? Will their be compensation which is high enough to cover the damages to the companies name? Of course not. Do they want to avoid future briberies. Of course not. Siemens is afraid to be punished by the US SEC and they want to avoid being investigated in their own companies. It is a weel known secret...