Legal & Regulatory

History offers no support for Detroit; scarce with happy endings for municipal bankruptcy filings

Local governments that filed for Chapter 9 did not exactly have happy endings. Detroit officials may be hopeful that their Chapter 9 bankruptcy filing will ultimately strengthen their economy, but history has shown otherwise.


EU regulators accept Penguin's pledge to scrap Apple ebook deals

The European Commission accepted the book publisher's pledge to end its ebook deals with Apple that breached EU laws on competition.

William Hague calls for EU reform

William Hague said that he is calling for a reform in the European Union competences. UK foreign secretary, William Hague, called for a reform to decentralize power in the European Union for the benefit of all of its members, not just Britain.

European Union considers option to blacklist Hezbollah military wing

The European Union weighs options regarding the military wing of Hezbollah as Britain persuaded its peers to blacklist the Shi'ite Muslim group's military wing.


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The Namibian Competition Commission has successfully handled 221 mergers and acquisitions from its inception in 2009.
Insurance companies would deal with major payouts due to Spain train crash. Allianz, an insurance company from Germany, would deal with a huge bill for compensation payments after the deadly train crash that happened in Spain.
Entrepreneurs said that the proposed SEC rule requiring private placement issuers to file solicitation materials with the SEC will result to startups raising less capital.
Authorities from Russia probed Google for possible tax evasion and privacy regulations. The Russian government initiated an investigation on the local unit of the world's most popular search engine, Google.
Yesterday, Microsoft said that it will be using a 67-year old law to fight botnets. Using a law which dates back almost 70 years, giant tech company Microsoft announced today that it will be charging forward in the industry's long battle against spam bots.
According to analysts, Apple and Samsung might strike a deal to stop the ongoing smartphone patent wars between the two tech titans.
After David Cameron's proposal of a universal block to child pornography sites, copyright owners expressed concern of the possibility of having reduced operations due to filtering.
Dwyane Wade and Siohvaughn Funches agreed on the terms of their divorce settlement. Dwyane Wade and Siohvaughn Funches agreed on their divorce settlement.
UK Prime Minister David Cameron urged web firms today to help the battle against child pornography. "When it comes to the Internet, in the balance between freedom and responsibility, we have neglected our responsibility to our children," said British Prime Minister David Cameron in a speech today.
Carlos Hyde, Buckeyes' senior starting running back, was suspended by Ohio State after an assault case that involved a woman.