Tag: corporate law news

Bankrupt FTX threatens legal action to claw back donations to politicians, charities

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The new leadership team of bankrupt cryptocurrency exchange FTX.com has threatened legal action against political and charitable organizations that fail to return donations they received when the exchange was led by Sam Bankman-Fried, according to a statement released Sunday. FTX requested the funds be returned by Feb. 28, claiming that they “reserve the right to commence actions before the Bankruptcy Court” if the funds are not returned by that date, with interest accruing from the date any action is commenced. Recipients of such funds were also warned that making subsequent charitable donations of the equivalent amount being sought for return…Continue Reading

Pope, Anglican, Presbyterian leaders denounce anti-gay laws | World

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ABOARD THE PAPAL PLANE (AP) — Pope Francis was backed by the ceremonial head of the Anglican Communion and top Presbyterian minister in calling for gays to be welcomed by their churches as he again decreed laws that criminalize homosexuality as unjust.The three Christian leaders spoke on LGBTQ rights during an unprecedented joint airborne news conference Sunday while returning home from South Sudan, where they took part in a three-day ecumenical pilgrimage to try to nudge forward the young country’s peace process.They were asked about Francis’ recent comments to The Associated Press, in which he declared that laws…Continue Reading

List of 102 Legal Loans Registered at OJK, Update January 2023

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KOMPAS.com – The public continues to be encouraged to use online loan services (pinjol) legally and registered with the Financial Services Authority (OJK). The reason is that currently there are still various illegal loans that can be detrimental to society. Therefore, before using online loan services, it is always necessary to regularly check the list of legal loans on the official OJK website. As usual, OJK will periodically release a list of legal loans that have obtained OJK permits and are legal as of January 2023.Reporting from the official website ojk.go.id there is the latest information regarding the termination…Continue Reading

Calls grow for Quebec laws to fight sexual violence in high schools after new allegations

More than a dozen parents and students alleging sexual violence at some Quebec high schools came together Friday to call for a law to prevent and fight the issue in secondary schools. At a news conference Friday in Montreal, several young women and parents — some holding signs reading “No means no” and “#sexualassault awareness” — took turns speaking about their experiences, denouncing the way their school administration and boards handled allegations of sexual assault. They, along with several politicians present, implored Education Minister Bernard Drainville to do more to clamp down on the problem. “It’s been a while that…Continue Reading

Portuguese colony Macao revises its legal system, national security

BEIJING – Echoing the crackdown on freedoms in neighboring Hong Kong, the former Portuguese colony of Macao has revised its legal system to face “new adverse challenges in terms of national security.” The government of the tiny enclave, heavily dependent on its gambling industry, said changes to the Law on Safeguarding National Security were needed as an upgrade to legislation first enacted in 2009, a decade after Macao’s handover to Chinese rule. “As the country now faces new adverse challenges in terms of national security, the revision of Macao’s Law on Safeguarding National Security is a compulsory step to respond…Continue Reading

ILPC Annual Conference 2022 – Online Safety in Connected World

Dates: November 17, 2022; 9:30 – 17:00 (in-person) and November 18, 2022; 9:00 – 13:00 (on line) Venue: Institute of Advanced Legal Studies, 17 Russell Square, London WC1B 5DR the Information Law & Policy Centre’s The 7th Annual Conference 2022 will explore the impact of policymaking focused on ensuring ‘online safety’ and the increased use of data-driven systems that are increasingly connecting all aspects of society, particularly the implications of these changes for the rights and responsibilities of individuals and organizations . Panels will address the development and future of these developments for regulation, policymaking, and governance within the UK…Continue Reading

Gavin Newsom Points Out Greg Abbott’s Brutal Self-Own On Gun Violence

California Gov. Gavin Newsom went after Texas Gov. Greg Abbott for “conveniently” not bringing up Texas’ gun death rate in his attempt to scold California over gun control laws on Sunday.Abbott, who appeared on Fox News in the wake of this weekend’s deadly shooting at a Dallas-area outlet mall, argued that gun violence impacts states with both eased and stricter gun laws before taking a swipe at California.“I think that the state in which the largest number of victims occurred this year is in California, where they have very tough gun laws,” Abbott said.Greg Abbott on Fox…Continue Reading

Top BC lawyer cited by law society for alleged trust account mismanagement

The Law Society of BC has accused one of the province’s top criminal lawyers of mishandling more than $20 million in trust accounts, which it says could have “assisted in or encouraged dishonesty, crime or fraud.” In early December, the society, which regulates the legal profession in the province, issued a citation to Bolton, whose career spans 50 years in jurisdictions across North America. It alleges millions of dollars in Canadian and US funds were mismanaged and that Bolton should have known more about funds’ use in relation to a list of individuals, identified by a single initial only, some…Continue Reading