D.C. Circuit Affirms Dismissal of ERISA Suit Against Georgetown University
On a definitive Tuesday, the D.C. Circuit sustained Georgetown University's victory in a pivotal DC Circ ERISA Suit. The lawsuit accused the institution of...
Ex-Ecuador Official Guilty Of Money Laundering
In a significant legal battle, a Florida federal jury convicted Carlos Ramón Pólit Faggioni, the former comptroller of Ecuador, on charges of extensive money...
3 Years In Prison For LA Bank Embezzler
Sammy Sims, the ex-chief financial officer at Eastern International Bank located in the heart of Los Angeles, might be sentenced to almost three years...
Vestar Closes $1.2B Continuation Fund
Vestar Capital Partners, a stalwart in the middle-market private equity landscape, has successfully closed a $1.2 billion single-asset continuation fund, as announced on Tuesday....
“The Magician” Faces IRS Fraud Charges
In a courtroom drama fit for a movie, a tax preparer from New York City, known infamously as "the magician," might have pulled his...
DOL’s Final Fiduciary Regs Expand ERISA’s Reach
The U.S. Department of Labor (DOL) recently announced its final regulations, effectively expanding the scope of who qualifies as a fiduciary under the Employee...
BREAKING: DOL Unveils Final Overtime Rule
The U.S. Department of Labor (DOL) announced a pivotal update on Tuesday with its final rule that elevates the salary threshold for overtime exemptions....
Kistos Completes £25M Buy Of EDF Unit
Kistos Holdings PLC announced on Tuesday the successful completion of its acquisition of EDF Energy (Gas Storage) Ltd. for £25 million, marking a significant...
KKR Pushes Smart Metering To Accept £1.3B Bid
Private equity behemoth KKR & Co. LP is making a decisive push for the shareholders of Smart Metering Systems PLC to accept its £1.3...
Battling the Bishop: Nuns claim an abusive father must be resisted
The serene existence of cloistered Carmelite nuns in Texas has been thrust into the public eye as the nuns continue battling the bishop. Fort...