Latest in Pay Million Legal
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UK’s largest estates pay an average of £9mn in inheritance tax
Wealthiest estates face prospect of higher rates of liability following the BudgetFinancial Times - Dec. 6 -
McKinsey to Pay $122 Million to Settle South Africa Bribery Case
The global consultancy was accused of bribing foreign government officials. A former senior partner pleaded guilty to a conspiracy charge.The New York Times - Dec. 5 -
McKinsey unit will pay $123 million to settle claims it bribed South African officials
The scheme to bribe two South African state-controlled companies helped McKinsey and McKinsey Africa net approximately $85 million in profits, the DOJ said.CNBC - Dec. 5 -
McKinsey pays $122mn to resolve probes into South Africa bribes
Deferred prosecution agreement covers corruption scandal involving state-owned companies during Zuma presidencyFinancial Times - Dec. 5 -
Millions in Northern U.S. Under Winter Storm Warnings
Forecasters warned of the possibility of wind gusts as strong as a hurricane as another round of heavy lake-effect snow and blustery cold moves through the Northeast.The New York Times - Dec. 5 -
Conor McGregor ordered to pay Nikita Hand's legal costs
The MMA star was found liable in a civil case taken by Ms Hand who had accused him of raping her.BBC News - Dec. 5 -
Patel has threatened legal action over remarks, former Pence aide says
Kash Patel, President-elect Trump’s pick to lead the FBI, has threatened legal action against a former aide to ex-Vice President Pence over her comments criticizing Patel, the aide said. Olivia ...The Hill - Dec. 5 -
Where Is Assisted Dying Legal? And What Countries Are Considering It?
Assisted dying is legal or partly legal in about a dozen countries, and more are considering allowing it.The New York Times - Dec. 5 -
Memecoins will go away once we stop paying attention to them
Regulation has failed. It’s time to try indifferenceFinancial Times - Dec. 4 -
Thailand's starring role in 'The White Lotus' is about to pay off
With Season 3 of the hit HBO show 'The White Lotus' slated for 2025 release, Thailand is gearing up to court luxury travelers and more Hollywood productions.Los Angeles Times - Dec. 4 -
As Okta’s stock soars on earnings, this stat shows its strategy is paying off
In the latest quarter, 15% of Okta’s bookings came from new products, as the company looks to dominate identity management.MarketWatch - Dec. 4 -
Billion-dollar future: Dodgers deferred pay at $1B
New contracts for Blake Snell and Tommy Edman increased the Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028-46.ESPN - Dec. 3 -
Houston player suspended 3 games without pay following violent hit
Houston’s Azeez Al-Shaair was suspended by the NFL without pay for three games for repeated violations of player safety rules following his hit to the head of Jacksonville’s Trevor Lawrence, which ...ABC News - Dec. 3 -
Musk’s legal battle for his $56bn goes on. Tesla’s board still looks supine | Nils Pratley
The craven stance of Tesla’s board should not be lost in the legal back-and-forth. The first time around, judge Kathaleen McCormick of the Delaware court of chancery got it right. The $56bn pay ...The Guardian - Dec. 3 -
What's Next in the Legal Battle Over Elon Musk's $100 Billion Pay Deal
The Tesla CEO’s record-breaking compensation package has hit another roadblock, after a Delaware judge again rejected the deal.The Wall Street Journal - Dec. 3 -
England’s chief prosecutor warns lawyers’ pay may be adding to court delays
Head of Crown Prosecution Service Stephen Parkinson calls for reviewFinancial Times - Dec. 3 -
How can I avoid paying interest on my credit card?
Interest charges can cause your balance to balloon quickly, but these strategies can reduce those extra costs.CBS News - Dec. 3 -
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Thames Water creditors veto use of £3bn loan to pay fines
Troubled utility faces fines of £400mn by March 2027 as it tries to avoid renationalisationFinancial Times - Dec. 3 -
Judge reaffirms ruling invalidating massive Tesla pay package for Musk
A Delaware judge on Monday again blocked Elon Musk’s multibillion-dollar pay package from Tesla. The controversial compensation agreement, which is now worth more than $100 billion, was reapproved ...The Hill - Dec. 3 -
'Everyone wins except the IRS' with this legal charitable donation strategy, advisor says
If you're donating money on Giving Tuesday, you may score a bigger tax break by gifting profitable investments. Here's what to know.CNBC - Dec. 3 -
Trump appears to threaten Hamas with 'all hell to pay' over hostages
The US president-elect vows a response if captives in Gaza are not released by the time he returns to the White House.BBC News - Dec. 3 -
Delaware Judge Upholds Ruling That Denied Musk Massive Tesla Pay Package
Chancellor Kathaleen St. Jude McCormick cited ‘multiple, material misstatements’ in a company proxy statement as she reaffirmed earlier rulings scrapping the CEO’s $56 billion compensation award.Inc. - Dec. 3 -
Death sentence upheld for tycoon — unless she pays $9 billion
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.CBS News - Dec. 3 -
Will Elon Musk Ever Collect His Full Tesla Pay Package?
The electric vehicle maker vowed to appeal after a Delaware judge rejected the tech mogul’s massive compensation deal for a second time.The New York Times - Dec. 3 -
Restoring Nomura’s credibility will take more than pay cuts
Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequencesFinancial Times - Dec. 3 -
Real estate tycoon must pay $9 billion to avoid execution in Vietnam
A court in Vietnam upheld a death sentence for real estate tycoon Truong My Lan, rejecting her appeal in a $12 billion embezzlement and bribery case.NBC News - Dec. 3 -
Musk's record $56bn pay deal rejected for second time
The judge upheld her previous decision, saying board members who set the pay were too heavily influenced by Mr Musk.BBC News - Dec. 3 -
Raw sewage spills push harmful bacteria beyond legal limits
Expert testing carried out for BBC Spotlight found harmful bacteria well in excess of legal limits.BBC News - Dec. 3 -
Business school teaching case study: Can transparency improve pay equality?
UK employers must report gender disparity in wages but critics say the obligation provides little accountabilityFinancial Times - Dec. 3 -
Musk's Multibillion-Dollar Pay Package Is Rejected Again by Judge
Tesla’s board had argued that a shareholder vote earlier this year addressed the court’s previous criticisms.The Wall Street Journal - Dec. 2 -
California special session to 'safeguard' state from Trump kicks off with proposed $25 million legal fund
Gov. Gavin Newsom's special legislative session to safeguard California from potential "federal overreach" from the incoming Trump administration begins Monday.CNBC - Dec. 3 -
Tesla loses bid to restore Musk’s record $56bn pay package
Delaware judge rejects shareholders’ overwhelming reapproval of award for chief of electric-car makerFinancial Times - Dec. 3 -
Teacher's pay rise simply impossible, says minister
Paul Givan tells assembly members that the teaching unions have asked for a 13.5% rise in 2024-25.BBC News - Dec. 3 -
Elon Musk’s $56bn Tesla pay package rejected again by US judge
Kathaleen McCormick in Delaware rules Musk not entitled to vast sum despite Tesla shareholders voting to reinstate it. A judge ruled on Monday that Tesla chief executive Elon Musk is still not ...The Guardian - Dec. 2 -
Trump warns of ‘hell to pay’ if Israeli hostages not released by January
US president-elect’s comments come as Gaza ceasefire talks fail to make progressFinancial Times - Dec. 2 -
Trump Says There Will Be ‘Hell to Pay’ Unless Hostages in Gaza Are Released
President-elect Donald J. Trump said in a social media post on Monday that the hostages must be released before his inauguration in January.The New York Times - Dec. 2 -
Trump warns of 'hell to pay' if Hamas doesn't release hostages
President-elect Trump on Monday threatened to unleash “hell” in the Middle East if hostages held by Hamas in the Gaza Strip are not released before his inauguration Jan. 20, underscoring urgency to ...The Hill - Dec. 2 -
CNN legal analyst calls Hunter Biden pardon 'historic act of political nepotism'
CNN legal analyst Elie Honig called President Biden’s decision to pardon his son, Hunter, a “historic act of political nepotism.” “There has long been a fair debate — fair on both sides — about ...The Hill - Dec. 2 -
Spain’s prime minister is battling legal cases he calls a smear campaign. Here's what to know
Spanish Prime Minister Pedro Sánchez has been reelected as secretary-general of his Socialist Party over the weekend despite corruption probes besetting his inner circleABC News - Dec. 2
