Law & Society

Angry investors of Novo Banco threaten legal action should the Bank of Portugal push through with its plans to impose on them a loss amounting to EUR2 billion loss through the senior bonds. This recent decisoin by the Bank of Portugal goes counter to its prior agreement with Novo Banco which had been established as a healthy counterpart of the ailing Banco Espiritu Santo.

Pakistan’s key bowler Yasir Shah is not making it into the next international cricket game as he was announced to have been disqualified following the positive result of his anti-doping test which is a violation of rules in cricket.

Canadian companies are adopting more bylaws including making their home provinces exclusive jurisdiction for any lawsuits and shareholders are not very happy with the apparent tactic.