All posts tagged "breach of contract"
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342ChinaChinese Courts Rule Sales Agreement Involving Crypto as Invalid
The court said virtual currencies are not legal tender, referencing the 2017 declaration from the PBOC. A higher court upheld the ruling.
June 27, 2022 -
522AML / KYCMalaysia Secures Settlement from KPMG to Resolve 1MDB Claims
The settlement concludes a civil suit filed against KPMG and its current and former partners over the audits 1MDB's 2010-2012 financial statements.
September 18, 2021 -
293AML / KYCMalaysia Files Suit Against KPMG Partners Over 1MDB Losses
The Malaysian government and 1MDB filed a $5.64bn lawsuit against 44 current and former KPMG partners over the firm's audits of 1MDB’s financial statements.
July 14, 2021 -
1.9KMarket InfrastructureNew York to Provide Safe Harbour from LIBOR-related Litigation
The legislation provides a safe harbor under New York law from litigation for the use of the recommended benchmark replacement.
October 30, 2020 -
1.2KChinaChina Issues Authoritative Guidance on Handling Bond Disputes
In disputes involving breach of contract, fraud or false statements - the issuer, its controlling shareholders, directors, and senior management will be held liable for bondholder losses.
July 17, 2020 -
605ChinaChina Issues Final Rules on Handling Corporate Bond Defaults
The final rules establish trustee managers, bondholder meetings and intermediaries as investor safeguards in the disposal of defaulted corporate bonds.
July 7, 2020 -
1.2KCrypto / Digital AssetsSingapore Court Rules in First Case Involving Cryptocurrency
The Singapore International Commercial Court has ruled that crypto exchange Quoine was liable for a “breach of contract and breach of trust” by reversing seven trades in April 2017.
March 19, 2019
