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A lawyer in Orange County, California, has pleaded guilty to the misappropriation of more than USD 2 million awarded to claimants in a class action suit.

CoNet Section: 

Rolls-Royce used to make just a few cars each month. Then BMW bought the company, moved production away from its home in Crewe and started what amounts, for the niche manufacturer, mass production. Now they want owners of almost 6,000 cars to bring them back as a global recall affects more than 350,000 BMW and Rolls-Royce cars that share a braking system.

CoNet Section: 

It's the sort of detail that Bentley are famous for getting right: the bonnet badge that automatically retracts in the event of a collision so as to minimise the risk of injury. But authorities in the USA have ordered remedial work to several models because there are instances of it becoming stuck.

CoNet Section: 

Tuesday 21 September 2010

"Jessica" of fama PR writes regarding her firm's client SEDO.Com.

Dear Sirs

This is a Lotus. They call it the Elite. And it will be unveiled at the Paris Motor Show next week, just one of a range of models, modifications and tech that Lotus has lined up for its biggest ever international show.

CoNet Section: 

At first sight, it's a weird idea - but on closer inspection, it's a model that other small-scale manufacturers might usefully follow in export markets: Bentley (and Crewe-build Rolls-Royce) owners in the USA are being treated to a touring parts and accessories display.

CoNet Section: 

Whether or not one approves of state resources being used to enforce private intellectual property rights, sometimes the issue is as important for the state as it is for the IP owners.

FCRO Subsection: 

Porsche USA is looking for the oldest car in the country.

CoNet Section: 

Wilson Sonsini Goodrich & Rosati have appointed CHEN Wei Heng as partner in its Shanghai corporate and securities practice and co-head of the China practice.

CoNet Section: 

The Hong Kong Monetary Authority has identified a website which it says is fraudulent and a fake of a real bank's online presence. Of itself, that's not especially rare. But this one is different: the name of the site is in Chinese characters and there aren't very many of them around.

BIScom Subsection: 

GM's UK arm, Vauxhall, is taking out full page advertisements in all major UK newspapers promoting a "lifetime warranty." But the headline is not the full story.

CoNet Section: 

It's almost six months since prosecutors in Gibraltar arrested Benjamin and Solomon Marrache of law firm Marrache and Co, alleging false accounting. That's a nice term for lying - and doing it in writing. But it's a little more complicated than that.

CoNet Section: 

The Law Society of England and Wales has issued an e-mail circular to solicitors referring to acceptable documents for client identification in relation to money laundering. Is it sufficient?

CoNet Section: 

The USA's Securities and Exchange Commission has unanimously voted to approve new rules to significantly curtail "pay to play" practices by investment advisers. Why not call it what it is - corruption?

BIScom Subsection: 

When Malaysia's Securities Commission imposed conditions on the activities of SJ Asset Management an unrelated company, SJ Securities, began to get calls from worried clients.

BIScom Subsection: 

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