Search Results for: mergers

The Seoul Central District Court on Monday acquitted Samsung Executive Chairman Jay Y. Lee of stock manipulation and accounting fraud charges, according to local media outlet The Korea Herald. This eliminated the possibility of him being imprisoned. The decision focused on Lee’s involvement in a controversial merger of Samsung affiliates C&T and Cheil Industries in [...]

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Hafsa Kanjwal is an Assistant Professor of South Asian history at Lafayette College in Easton, Pennsylvania, where she has taught courses covering the history of the modern world, South Asian history, and Islam in the modern context. Most recently, Kanjwal authored a book titled “Colonizing Kashmir: State-building under Indian Occupation.”  In a conversation with JURIST’s [...]

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Security forces in the Indian-controlled part of Kashmir engaged in a fatal encounter that killed five suspected militants, police reported on Friday. Police say that at least two were adolescents were among the deceased, and three had recently joined rebel factions. Officials say they initiated the operation after intelligence revealed insurgents hiding in a village [...]

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On Monday, legislators of the People’s Republic of China commenced the deliberation of a preschool education law aimed at ensuring accessible preschool education for all children. The draft legislation was presented to the legislators for discussion during the current session of the Standing Committee of the National People’s Congress. The Minister of Education of China [...]

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The UK Competition and Markets Authority (CMA) Tuesday announced the launch of its investigation into Amazon.com, Inc.’s $1.7 billion acquisition of iRobot Corporation, which is known for its Roomba robot vacuum cleaners. The CMA’s findings will allow it to determine whether Amazon’s acquisition of iRobot will reduce market competition within the UK. The CMA must [...]

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Law students from the European Union are reporting for JURIST on law-related events in and affecting the European Union and its member states. Ciara Dinneny is JURIST’s Chief European Correspondent and a trainee with the Law Society of Ireland. She files this dispatch from Dublin.    Rival Swiss bank UBS bought Credit Suisse bank late [...]

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Indian law students are reporting for JURIST on law-related developments in and affecting India. This dispatch is from Samar Veer, a third-year law student at National Law University, Delhi.  In a major departure from longstanding policy, the Bar Council of India (BCI) last week issued a notification permitting foreign law firms and foreign lawyers to advise [...]

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The US Department of Justice (DOJ) Tuesday filed a civil antitrust complaint to block JetBlue’s proposed $3.8 billion acquisition of Spirit Airlines. The DOJ’s complaint alleged that JetBlue’s acquisition will negatively impact millions of consumers. While Spirit is known for offering low airfare for its customers, the DOJ stated, “JetBlue plans to abandon Spirit’s business model, remove seats [...]

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Amazon and 1Life Healthcare, Inc. (One Medical) Wednesday announced Amazon’s completed $3.9 billion acquisition of One Medical. Amazon announced its intended acquisition of the membership-based healthcare provider in July 2022. Senior Vice President of Amazon Health Services Neil Lindsay stated that the acquisition will allow Amazon to further its “mission to make it dramatically easier for [...]

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