January 2019 / 37 posts found

Bill bans ‘abhorrent’ quizzing of domestic abuse victims in court – The Guardian

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Domestic abusers will no longer be able to cross-examine their former partners in family courts under a comprehensive government package of reforms to tackle the issue. The landmark draft domestic abuse bill, published tomorrow after an 18-month delay, will prevent victims from being subjected to the “abhorrent practice” of being interrogated in court by their abusers, alongside other measures designed to raise awareness, support survivors and tackle perpetrators. The development, which has been broadly welcomed by campaigners, comes as new analysis estimates that the social cost of domestic abuse in 2016-17 was £66bn, more than the amount caused by alcohol […]

Corporate Divorce Law: What Business Owners Need to Know

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Below, John Woodman, experienced business attorney with Sodoma Law, discusses the fragile circumstances of corporate divorce and the steps all businesses should be aware of. Business partners may have differing views on company growth, such as how to fund the growth through either the raising of capital or increasing debt facilities. The manner in which the growth should occur, a new product or service, or even a new industry or geographical territory to explore could all be areas that cause friction. Financial issues tend to be the primary factor. For example, some owners may feel as though the company check […]

6 Strategies To Help You Overcome Grief After A Bitter Divorce

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— Divorce drags a lot of agony in its wake. And grief is an inescapable part of it. But the work to overcome grief after a bitter divorce can create another level of agony altogether. Emotions like anger, guilt, shame, embarrassment, disappointment, and fear are among the normal line-up after a divorce. Bitterness, however, is ugly. It oozes out of anger, resentment, and indignation over the perception of being treated unfairly. It goes beyond anger to nastiness and malevolence toward the other person. It can even carry undertones of hatred. Think about someone you have known who was so full […]

Emotional impact of divorce on children varies according to age

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(Photo: Pexels/MarinaShatskih) The emotional toll of divorce is greater on children who were in late childhood or early adolescence when their parents split up, a study has found. Researchers at the UCL Centre for Longitudinal Studies found that children between the ages of seven and 14 were more likely to have emotional and behavioural problems than their peers who were still living with both their parents. The study was based on the mental health data of more than 6,000 children born in the UK at the turn of the century as part of the Millennium Cohort Study. The researchers found […]

Goldman Sachs’ apology won’t mitigate 1MDB litigation risk

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How far will Goldman Sachs’ apology to the “Malaysian people” for its role in the multi-billion dollar 1Malaysia Development Berhad (1MDB) sovereign fund scandal go to mitigate the investment bank’s rising litigation risk and potential future payout of massive fines? David Solomon, Goldman’s chief executive officer, said on a conference call with analysts on Wednesday that Malaysia had been “defrauded by many individuals” and that Goldman’s ex-Southeast Asia managing director Tim Leissner “was one of those people.” The Malaysian government filed a criminal case against Goldman in a local court on December 17, charging that the bank made false and […]

Sarah Ferguson’s HUGE divorce settlement from Prince Andrew finally revealed – Mirror Online

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Sarah Ferguson and ex husband Prince Andrew amicably divorced in 1996, with The Duchess of York always insisting she asked for nothing from The Queen but “friendship”. She previously told Harpers Bazaar that she knew she would “have to work” following the divorce, and was adamant she didn’t want to look “greedy” and “demand a big settlement”. However, according to The Sunday Telegraph the mother of Princess Beatrice and Princess Eugenie did receive a payout after all. Senior sources told the publication that the Duchess’ divorce settlement came to over £2million in total – although this also covered a trust fund […]

Patisserie Valerie seeks bank lifeline

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Image copyright Getty Images Troubled cake chain Patisserie Valerie is facing a crucial few days after a deal with its banks expired on Friday. The UK firm said in October it had uncovered “significant, and potentially fraudulent, accounting irregularities”. The company’s biggest shareholder, Luke Johnson, is now in talks to extend its cash lifeline from HSBC and Barclays. Otherwise there is a danger it could crash into administration, with KPMG having been appointed to review “all options” for the company’s future. That could put the future of some of the firm’s 2,800 staff across its 200 cafes at risk. As […]

D&O litigation: From mismanagement to misstatement claims – Insurance Business

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Event-driven litigation is changing the game for public company directors & officers (D&O) insurance. Shareholders today are using loss-driving events, such as sexual harassment claims, data breaches, or even physical fires, to bring securities class action lawsuits against public companies in the US. This has resulted in unprecedented levels of public company D&O litigation, both from a frequency and a cost perspective.  Securities laws are governed by the Securities and Exchange Commission (SEC) and they exist to protect investors, maintain fair markets, and facilitate capital formation. Essentially, their primary purpose is to provide transparency and prevent misstatements so that investors […]

Non-litigation justice needed “but robots not answer” – Legal Futures

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Barendrecht: Innovation in legal space potentially lucrative Most people around the world cannot find a just solution to their legal problems, so a new ‘value proposition’ is necessary that provides user-friendly justice at scale, is not based on litigation for resolution, and has legal aid lawyers joining with innovators, according to a massive study. However, the future of justice was not “robotic judges or artificial intelligence layered like frosting on a poorly baked cake”, it said. To produce Understanding justice needs: the elephant in the courtroom, Netherlands-based HiiL – the Hague Institute for Innovation of Law – used United Nations […]

Saudi women to get divorce notification by text message

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Women in Saudi Arabia will be notified by text message when they get divorced, according to a new law that came into effect on Sunday. The new law is being seen as a way to end secret divorces and ensure women are fully aware of their marital status so they can protect rights such as alimony. The move comes as Crown Prince Mohammed bin Salman (MBS) has started to give women more rights in the conservative kingdom, which included lifting a ban on women driving last year. “Saudi courts have started to send such (divorce) notifications … a step aimed […]