International

Finance

Bitcoin Thieves Threaten Real Violence for Virtual Currencies

AdvertisementSAN FRANCISCO — The currency they were after was virtual, but the guns they carried were anything but.In the beach resort of Phuket, Thailand, last month, the assailants pushed their victim, a young Russian man, into his apartment and kept him there, blindfolded, until he logged onto his computer and transferred about $100,000 worth of...

President or Luxury Towers: Either Way, Trump Is the Rage in India

AdvertisementGURGAON, India — When the Trump family jet lands in India this week, the family member taking a tour of the world’s largest democracy — with a Secret Service detail in tow — won’t be the president on a diplomatic mission. It will be his eldest son, Donald Trump Jr., on a sales trip.But Indians might be forgiven for not making...

To Stir Discord in 2016, Russians Turned Most Often to Facebook

AdvertisementSAN FRANCISCO — In 2014, Russians working for a shadowy firm called the Internet Research Agency started gathering American followers in online groups focused on issues like religion and immigration. Around mid-2015, the Russians began buying digital ads to spread their messages. A year later, they tapped their followers to help organize...

The WeWork Manifesto: First, Office Space. Next, the World.

On a cold February morning at the Brooklyn Navy Yard, the skeleton of a modern 15-story building was rising from a muddy construction site along the East River. As long and as tall as a cruise ship, the sleek glass structure loomed above rusty, century-old dry docks, serving notice to the industrial neighborhood that the new economy was coming.The project,...

Christopher Bailey Takes a Final Walk Down the Burberry Runway

LONDON — In a mahogany-paneled corner of the palatial Burberry flagship store on Regent Street, Christopher Bailey, the outgoing president and chief creative officer of Britain’s largest luxury brand, sat smiling at a corner table, shrouded in shadows.It was early February, 10 days before the unveiling of Mr. Bailey’s final collection for Burberry...

Legal

FinCEN proposes ban on Latvian bank

On February 13, 2018, the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) issued a finding and notice of proposed rulemaking (“NPRM”), pursuant to the USA Patriot Act, seeking to prohibit the opening or maintaining of a correspondent account in the United States for, or on behalf of, ABLV Bank, AS (“ABLV”). Details...

SEC’s 2018 Exam Priorities Reflect Continued Focus on Cybersecurity

Annually, the Securities and Exchange Commission’s Office of Compliance Inspections and Examinations (“OCIE”) publishes its examination priorities for the new year.  Recently, OCIE announced five priorities that will inform its examinations moving in to 2018. OCIE is committed to “promoting compliance, preventing fraud, identifying and monitoring...

Indian Insolvencies: From Blank Slate to Boomtown

Indian Insolvencies: From Blank Slate to BoomtownBy Global Restructuring ReviewIn the course of less than a year, India’s National Company Law Tribunals – the first port of call for hearing insolvency cases – have gone from a standing start to becoming fully fledged adjudicatory bodies capable of handing down tens of thousands of final decisions....

UK Bar 2018: Roundtable

UK Bar 2018: RoundtableFebruary 2018Who’s Who Legal has brought together David Grief, Senior Clerk at Essex Court Chambers and Oliver Parkhouse, Director of Clerking at 12 King’s Bench Walk to discuss the current state of the UK Bar. They explore the development of the role of the clerk in Chambers, as well as key issues such as the effects of the...

Consulting Experts - Future Leaders 2018

Consulting Experts - Future Leaders 2018February 2018In the latest addition to WWL’s Future Leaders series, we are pleased to announce WWL: Consulting Experts – Future Leaders, which will highlight the leading experts aged 45 or under in the following categories:Financial Advisory and Valuation – Quantum of DamagesEconomics – Competition EconomistsConstruction...

Deals

Global M&A activity declines year-on-year in 2017

Western Europe and Asia-Pacific M&A value up on 2016PE/VC value increases in all regions The volume and value of global mergers and acquisitions (M&A) declined in 2017, according to M&A information collected by Bureau van Dijk, a Moody’s Analytics company, and the leading publisher of company information. In all, there were 96,082 deals worth...

Global M&A falls just short of previous years as uncertainty takes its toll on investments

Mergermarket have just released their full year 2017 global M&A trend report with legal advisor league tables. Highlights of the report include: Global M&A fell just short of previous years, as uncertainty appeared to take its toll on investments. M&A dipped 3.2% by value to US$ 3.15tn (18,433 deals) in comparison to 2016 (US$ 3.26tn, 18.592...

M&A 2018: Brand on the bottom line

The M&A market is looking forward to a bumper year in 2018, with transaction value expected to grow by 23 percent to $3.2 trillion according to Baker McKenzie. And as the corporate focus on M&A to drive and supplement growth strategies increases, so too will the crucial role of brand strategy—in other words, what a company ultimately plans to...

Can trustees derail an M&A deal?

New statistics from the Office for National Statistics pointing to a ‘sizeable’ increase in the value of successful M&A deals, both domestic and cross-border, in the third quarter of 2017, suggests a promising outlook for the market as we head into the New Year. Anecdotally, those of us involved in the industry have certainly noticed an uptick in...

Digital transformation and private equity to drive dealmaking

Earlier this year EY Global conducted a global executive survey on M&A and capital investment on behalf of EY. The key findings can now be viewed in a new global highlights report.  Insight from this biannual survey of nearly 3,000 executives – called the EY Global Capital Confidence Barometer – shows appetite for M&A in the next 12 months...

Acq Lite

Can Online Bots Build Peace?

Republished with permission from Peace News Network (Written by Kate Roff) Online ‘bots’ are normally viewed in a negative light, but this social enterprise is proving that they can also be used for good. In light of the increasing political divisions in online media, the organization Build Up is using social media bots to help [...] The post Can...

Chance Encounter Spurs Officer to Help Buy a $2000 Chair For Vietnam Vet

Officer Jordan Gaiche was patrolling the neighborhood on a chilly Monday night when he saw a man walking down the sidewalk in a tee-shirt and shorts. Since the temperature was only 7º Fahrenheit, Gaiche pulled his cruiser over and asked the man if he needed any help. To his surprise, the man said that he [...] The post Chance Encounter Spurs Officer...

Man Wins $400,000 By Playing Lottery Numbers That Came to Him in a Dream

So many of us dream of winning the lottery one day, but how many of us see the actual winning numbers in a dream? Victor Amole did just that. According to WTTG, the computer programmer and resident of Virginia bought four tickets for the state Lottery’s “Cash 5” game. He decided to play the same [...] The post Man Wins $400,000 By Playing Lottery...

Dating App Users Are Reportedly Changing Their Locations to Pyeongchang to Match With Olympians

Online dating can already be pretty tedious – but according to the dating app Tinder, hundreds of people are creating dating profiles so they can try and land a date on the other side of the world. Thousands of people are paying extra money for the app’s premium services so they can use the “Passport” [...] The post Dating App Users Are Reportedly...

Woman’s Near-Fatal Car Accident Led Her to Marrying the Love of Her Life

The police officers who arrived on the scene of Jennifer Lind’s car accident back in December 2013 say that she was lucky to come out of the incident alive. Not only lucky to have her life, but the wreck led to the love her life. Lind was driving to River Vale, New Jersey when her [...] The post Woman’s Near-Fatal Car Accident Led Her to Marrying...