Ruling on SEC Judges Could Have Broad Impact
A ruling finding that the U.S. Securities and Exchange Commission’s in-house courts violate the constitution raised thorny issues of administrative law. If upheld, the decision could drastically change how numerous U.S. government agencies work, legal experts told Reuters.
https://www.reuters.com/legal/government/ruling-sec-judges-could-have-broad-impact-2022-05-20/
- Published in Global News
ABA Recommendations Criticised By Conservatives
The ABA is officially recommending the elimination of the standardized test requirement for admission to law school, in accordence with the memorandum regarding revisions on Standards 501 and 503. Many of the conservative lawyers and scholars believe ABA has stepped out of its line. To see the Memorandum, you may visit:
- Published in Global News
SEC Proposes New Rules Regarding GP-Led Transactions
U.S. Securities and Exchange Commission (SEC) proposed sweeping new rules to provide greater transparency and increase competition and efficiency that shall impact both registered and unregistered private fund advisers. For further information, you may visit:
- Published in Global News
Musk Gets Twitter For $44 Billion
Elon Musk clinched a deal to buy Twitter Inc for $44 billion dollars. Musk calls himself a free speech absolutist and criticizes Twitters free speech policy, and he is willing to change that policy based on his point of view. For further information, you may visit:
- Published in Global News
Immigrant Investor Group Sues USCIS on EB-5 Restart
USCIS got sued by a California-based company, over recent guidance canceling authorization for immigrant investor enterprises. In a lawsuit filed Friday in the U.S. District Court for the Northern District of California, company argues that USCIS is in violation of the Administrative Procedure Act. For further information, you may visit:
- Published in Global News
Indonesia’s $44 Billion of Distressed Debt Gives Investors A Chance To Consider
Govenment of Indonesia started a two-year govenmental plan in regards to the pandemic-related corporate debts of the govenments subsidiary companies, offering some investors the chance to cherry-pick cheap assets. The plan gives creditors and debtors time to resolve billions of dollars worth of loans to companies in order to prevent wholesale bankruptcies. For further information, you may visit:
- Published in Global News
Debt Insurance Cost Raise Dramatically In Case For The Arising Risk Of Indebtness
The cost to insure Asia investment-grade debt against default is on track for its biggest fortnightly increase in two months, as investors speculate the Federal Reserve might tighten policy, potentially denting economic momentum. For further information, you may visit:
- Published in Global News
Debt Insurance Cost Raise Dramatically In Case For The Arising Risk Of Indebtness
The cost to insure Asia investment-grade debt against default is on track for its biggest fortnightly increase in two months, as investors speculate the Federal Reserve might tighten policy, potentially denting economic momentum. For further information, you may visit:
- Published in Global News
Massachusetts Court Rejects Insurance For COVID Business Losses
Massachusetts state supreme court came into a conclusion that the restaurants could not recover for lost revenue with stating the COVID-19 pandemic as reason because those kind of losses cannot be associated since it does not match up with the meaning of “direct physical loss of or damage to property” within the terms of the policies. For further information, you may visit:
- Published in Global News
Immigrant Investor Program Hits Roadblock in Restart Process
Status of thousands of green cards cast into doubt after the new authorizetion given by the Congress for the EB-5 immigrant investor visa program. As a result of the negotiations to tighten program safeguards, lawmakers included a provision reauthorizing the EB-5 regional center program, through which investors can apply for green cards by putting up funding. For further information, you may visit:
https://news.bloomberglaw.com/immigration/immigrant-investor-program-hits-roadblock-in-restart-process
- Published in Global News