Americas

Headlines

Adoptions in America are declining

SHOULD state-funded adoption agencies be able, for religious reasons, to turn down prospective parents? An increasing number of states say they should, or are beginning to consider it. South Dakota has had such a law since March; Alabama’s governor signed a version in May; the governor of Texas, Greg Abbott, has a bill on his desk awaiting signature....

How to protect offshore oil platforms from roaming icebergs

RICK DURNFORD lassoes icebergs for a living. The ship he captains, the Maersk Detector, unspools thick polypropylene rope, circles around a floating island of ice to form a loop, tows the berg away and releases it onto a new course. It is a tricky process. In the patch of the North Atlantic where Captain Durnford operates, not far from where the Titanic...

Is Mexico’s government spying on its critics?

MEXICANS do not trust their government. Just 29% have some confidence in the institution, according to Latinobarómetro, a polling firm. A report in the New York Times on June 19th, widely broadcast by the Mexican media, must have reduced that number. It said that software sold to the government to spy on suspected criminals had turned up on the...

Donald Trump closes the door to Cuba—a bit

IT WAS typical Trumpian pageantry. On a bunting-trimmed stage at the Manuel Artime theatre in Miami’s Little Havana neighbourhood, the president of the United States declared on June 16th that he was “cancelling” the “completely one-sided deal with Cuba” made by his predecessor, Barack Obama. There is much less to this than Donald Trump’s...

Who governs Peru?

TO LOSE a minister to congressional censure is a normal hazard of democratic life. For a government to lose four in its first year, including the ministers of finance and the interior, on spurious grounds smacks of a parliamentary conspiracy. That is the drama that may soon face Pedro Pablo Kuczynski, Peru’s president. A year ago Mr Kuczynski,...

Finance

Implications of the money laundering law reform

The amendment to the money laundering law approved in the first debate requires accountants, lawyers and real estate agents to report suspicious transactions made by their clients.Bill 19.951 reforming the Law on Narcotic Drugs, Psychotropic Substances, Drugs of Unauthorized Use, Related Activities, Legalization of Capital and Financing of Terrorism...

Wall Street finishes flat ahead of earnings season, key US-China meeting

It was a fairly flat session on Wall Street overnight, as investors exercised caution ahead of the first-quarter earnings season and a meeting between the US and Chinese presidents later this week. Investors will be focussed on the potentially tense meeting between Donald Trump and Xi Jinping on Thursday and Friday, after Mr Trump held out the possibility...

GLC Advisors Strengthens Advisory and M&A Expertise with Addition of Senior Bankers

Addition of Several Industry Bankers Including Former St. Charles Capital Professionals Deepens Firm’s Expertise and Relationships Across Technology, FIG, Consumer, Retail and Energy IndustriesGLC Advisors & Co., LLC (“GLC Advisors”) is pleased to welcome nine seasoned M&A professionals, including former Partners and professionals of Denver based...

Columbia Threadneedle opens office in Chile

Columbia Threadneedle Investments has opened its first Latin American office in Santiago, Chile. As its first proprietary distribution hub for the Andes (Chile, Peru and Colombia), the new office will serve the asset manager’s institutional and wholesale clients in the region. Columbia Threadneedle has also appointed Santiago Zarauza Riestra...

TCA Fund Management Group Seeks New Opportunity Among Under-Served Small And Middle Market Developing Companies

Specialist finance and advisory firm TCA Fund Management Group Corp. (‘TCA’) announced its intention to launch a small-cap private equity fund to invest in under-served growth stage companies, primarily in the US and UK. TCA Opportunities Fund I, LP, registered with the Guernsey Financial Services Commission will seek just to target 15 to...

Legal

Supreme Court Won't Hear Handgun Case

Continuing a guarded approach to the Second Amendment, the U.S. Supreme Court turned away a case that said people need "good cause" for a permit to carry a concealed weapon in public.The Court left intact Peruta v. County of San Diego, the U.S. Ninth Circuit Court of Appeals decision that said "there is no Second Amendment right for members of the general...

Summer School Tips for Pre-Law Students

If you've been thinking about going to law school and stumbled onto this website, you've come to the right place.We're all lawyers here, been there and done that -- stumbled, that is. We can tell you where the potholes are on this road to becoming a lawyer.Just follow the rules and you'll be fine. Here are some summer school directions:Summer of Pre-LawGuess...

Court Deals With Hidden Biases in Jurors

It's one thing to release a juror who has an admitted bias, but what to do about a juror with a subconscious bias?We're not talking about the jurors who are actually biased. Let's face it, most prospective jurors will let you know when they cannot be fair.We're talking about jurors who don't realize they harbor a prejudice. It is a troubling problem...

The shifting role of private placements

In the aftermath of the 2016 amendments to the Canadian takeover bid rules, legal practitioners and regulators alike predicted that the new 105-day minimum bid period heralded the end of the defensive tactic of choice in recent decades—the shareholder rights plan. Specifically, it was thought that the pro-target board increase in the minimum bid period...…...

Law Firm Shares Best Practices for Startup Early-Stage Investment

If you have the next big thing but not the big thing budget, a BigLaw firm has just what you've been waiting for: a startup package of financing documents.Cooley, exclusively through its microsite "Go," has released a free repository of documents for investors and business owners. The documents are for companies in the United States and designed for...

Acq Lite

Denmark contracts with General Dynamics for EAGLE armored ATVs

June 27 (UPI) -- General Dynamics European Land Systems has received a contract from Denmark for EAGLE light armored 4X4 vehicles, the company announced on Monday.Denmark's initial purchase plans are for 36 vehicles, with deliveries starting in 2018, to supplement their existing EAGLE fleet. The contract has options to expand the program to include...

State Department approves India for C-17 buy

[unable to retrieve full-text content]The U.S. State Department has approved the possible purchase of a C-17 transport aircraft by India under the U.S Foreign Military Sales program.Read More

Orbital ATK shows ammo development for MK44 gun

[unable to retrieve full-text content]Orbital ATK has demonstrated its MK44 Bushmaster Chain Gun firing a variety of 30mm and 40mm ammunition at an event in Arizona for customers.Read More

Lockheed receives PAC-3 anti-ballistic missile contract

June 27 (UPI) -- Lockheed Martin has received a $39.2 million modification to an existing contract in support of several allied countries Patriot Advanced Capability-3 anti-ballistic missile systems.Under the modification, announced Monday by the Department of Defense, Lockheed would provide Pac-3 Support Center post-production re-capitalization and...

German military receives final H145M helicopter from Airbus

June 27 (UPI) -- The German military's special forces have received their 15th and final H145M multi-role helicopter through a 2013 contract with Airbus.The H145M, previously designated the EC645 T2, is a light utility and light attack aircraft. The German military was Airbus' launch customer for the helicopter model. Airbus announced the delivery in...