legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

Future Retail’s Lenders Want to Sell Chain’s Assets
Future Retail’s Lenders Want to Sell Chain’s Assets
February 03, 2022  |  Legal

Lenders to the Indian department store chain Future Retail have told the country’s Supreme Court that the chain’s assets should be auctioned off to cover...

READ MORE >
US Treasury Tells Banks They Can Process Aid Payments to Afghanistan
US Treasury Tells Banks They Can Process Aid Payments to Afghanistan
February 02, 2022  |  Banking

International banks got the go-ahead from the U.S. Treasury Department to allow money transfers to Afghanistan for humanitarian purposes on Wednesday (Feb. 2), adding that...

READ MORE >
Driverless Car Startups Won’t Wait for Regulators to Take Action
Driverless Car Startups Won’t Wait for Regulators to Take Action
February 02, 2022  |  Transportation

Don’t be surprised if you see a self-driving car in San Francisco.  Cruise, the driverless car company, has received an additional $1.35 billion investment from...

READ MORE >
UK Law Could Hold Automakers, Software Firms Accountable in Autonomous Cars
UK Law Could Hold Automakers, Software Firms Accountable in Autonomous Cars
January 28, 2022  |  Regulation

The Law Commission of England and Wales and the Scottish Law Commission released a final 315-page report on January 26 recommending the U.K. and Scottish...

READ MORE >
35 AGs Support Epic in Antitrust Appeal
35 AGs Support Epic in Antitrust Appeal
January 28, 2022  |  Apple

Attorneys general for 34 states and the District of Columbia filed an appeal against a California court ruling that was largely in favor of Apple...

READ MORE >
Western Alliance Buys Payments Platform Digital Disbursements
Western Alliance Buys Payments Platform Digital Disbursements
January 27, 2022  |  Partnerships / Acquisitions

Western Alliance Bank has completed its buy of Digital Settlement Technologies, DBA Digital Disbursements, the digital payments platform for the class action legal industry, a...

READ MORE >
Conflicting State Data Privacy Laws May Drive Up Costs for Businesses
Conflicting State Data Privacy Laws May Drive Up Costs for Businesses
January 27, 2022  |  Legal

A hodge-podge of privacy laws across the U.S. threatens to cost businesses more than $1 trillion over the next decade, with at least 20% of...

READ MORE >
China to Renew Money Laundering Crackdown
China to Renew Money Laundering Crackdown
January 26, 2022  |  Regulation

After stepping up enforcing regulations in recent years, China is planning to launch a nationwide crackdown on money laundering, Bloomberg reported. The People’s Bank of...

READ MORE >
Boris Johnson, US Discuss Banning Russia from SWIFT
Boris Johnson, US Discuss Banning Russia from SWIFT
January 25, 2022  |  International

British Prime Minister Boris Johnson is considering banning Russia from the SWIFT global payments system, and is in discussions with the U.S. about the matter,...

READ MORE >