UBS tax cash could backfire May 18, 2009 US banks and the economy could suffer as a result of the high-profile tax evasion case pitting the Internal Revenue Service against UBS, supporters of the Swiss bank said in a federal court filing yesterday. In a joint filing on Friday, five business and banking groups urged Federal District Court Judge Alan Gold to reject [...]
UBS tax cash could backfire May 18, 2009 US banks and the economy could suffer as a result of the high-profile tax evasion case pitting the Internal Revenue Service against UBS, supporters of the Swiss bank said in a federal court filing yesterday. In a joint filing on Friday, five business and banking groups urged Federal District Court Judge Alan Gold to reject [...]
Intel to contest record fine May 13, 2009 INTEL president and chief executive Paul Otellini said yesterday that the company will appeal against the record fine of €1.06bn (£1bn) that has been imposed by the European Commission for illegal rebates and other practices it used to squeeze out its rival, AMD. “Intel takes exception to this decision. We believe the decision is wrong and [...]
Magnificent Murray makes first Grand Slam semi-final September 4, 2008 British No1 Andy Murray scaled a new career high last night when he reached the semi-finals of a Grand Slam for the first time with an epic victory over Juan Martin Del Potro at the US Open. Murray, 21, showed tremendous determination to see off a comeback from Del Potro and end the Argentine’s remarkable [...]
UBS wins first step to stem staff exits August 5, 2008 UBS has won the first round of its legal battle to ban start-up wealth manager Vestra from poaching its staff and clients. High Court judge Mr Justice Openshaw granted an injunction preventing Vestra from making overtures to any UBS UK wealth management or stockbroking clients, or headhunting any more UBS employees. Seventy-five UBS employees have [...]
Buying property on a golf course can be an above par investment July 31, 2008 Look to the States or Morocco for a sporting second home, writes Alex Delmar-Morgan As the Open Championship at Royal Birkdale reached its nail-biting conclusion recently, with Irishman Padraig Harrington pipping veteran Aussie Greg Norman to win the claret jug, many around the country were surely visualising themselves ambling round a gold-course, driver in hand, [...]
Mosley to donate damages July 25, 2008 Max Mosley, the president of world governing body, the FIA, has pledged to give away the £60,000 he was awarded yesterday after winning his High Court battle with a national newspaper. The News of the World was ordered to pay damages after Mr Justice Eady ruled the paper had invaded his privacy by publishing details [...]
Fake Facebook entry banned July 25, 2008 A business whose personal details were falsely entered on Facebook, the social networking website, has won substantial libel damages at the High Court. Mathew Firsht won £22,000 in damages against an old school friend, Grant Raphael, who created the false entries. The judge ruled that Raphael’s defence – that the entry was created by people [...]
Chambers set to learn fate July 18, 2008 Dwain Chambers’ controversial and protracted fight to be allowed to run at this summer’s Beijing Olympics will finally be settled today when a High Court judge announces his verdict on the sprinter’s legal challenge to a lifetime ban. Chambers had expected to learn his fate yesterday, when the 100m runner attended court to hear his [...]
Madeleine suspect wins massive libel damages July 18, 2008 A suspect in the disappearance of schoolgirl Madeleine McCann in Portugal last year won £600,000 in libel damages yesterday for “the utter destruction” of his life. The 10 newspapers involved in the case had wrongly accused Robert Murat, who lived in the same resort where McCann vanished last May sparking an international search, of being [...]