Sentences with phrase «clients against the interests»

Not exact matches

The case against Kabbage is just one of many alleging that online lenders charge interest rates that burden their clients with unsustainable loan repayments.
Early on, he reportedly designed a lucrative $ 100 million trade — then the largest of its kind Goldman had ever handled — for an Islamic client to get around the religion's rules against receiving interest payments.
In remarks at the AARP on Monday, Obama stressed the importance of imposing a cohesive standard mandating that all brokers and advisors working in the retirement space act in their clients» best interests to guard against conflicted advice that could harm investors.
Few would argue against the idea that all advisers should act in their clients» best interests.
This year Goldman is packaging hybrid FX derivatives that allow clients to hedge against a risk of dollar - denominated interest rates remaining low.
In 2009, clients who had exposure to low interest rates were using rate options and swaps to hedge against a low - rate scenario.
In all instances, we strive to understand the unique aspects of the client's operation and do not hesitate to advise against a transaction if it does not appear to serve the client's long - term interests.
«I acknowledge receipt of the report prepared by Commission on Human Rights and Administrative Justice (CHRAJ) dated September 29, 2016 in respect of complaints of conflict of interest and corruption lodged against my client by 3 different complainants,» he wrote in the statement.
Sadly, sometimes you have to just do what the client asks, even if it is against their best interests.
But it always bothers me when someone who is supposed to have the best interests of his clients — writers — at heart continues to support a system that actively works against those interests.
People are against such rules due to the fact that such places of interest will lose their clients and lose money.
Specifically, Interactive Brokers is «banking» on being able to compete against big bank «convenience» by offering IB clients a way to manage their daily finances through the IB platform with a low interest credit card or debit card.
Private lenders offer loans at high interests to cushion against the risks of dealing with low credit clients.
They must weight continuously the best interests of their clients against their own personal financial interests, paychecks, and bonuses.
``... there is something inherently troubling about a billing system that pits a lawyer's financial interest against that of its client and that has built in incentives for inefficiency,» the decision states.
When a former client accused him of acting in conflict of interest, lawyer Williams Hoskinson brought an action against the client, Rodney Slagter, on the basis that he never acted for Slagter and his company.
The tribunal disbarred Hoskinson after finding him guilty of conflict of interest, acting against a former client, and attempting to subvert a law society investigation by misleading investigators.
Deals with clients in business litigation such as that between Pillsbury and the SonicBlue board may be perfectly reasonable in most situations, but in bankruptcy, where the interests of creditors are paramount in a debtor - in - possession situation, such a deal undermines the entire process because Pillsbury could not be expected to fully pursue claims against the board if Pillsbury was potentially on the hook for any damages by agreement.
Against all odds, successfully defending a client who was wrongly accused of parental alienation by a determined and punitive ex-spouse with extremely deep pockets and ensuring that the parties» children's best interests were protected.
The fine, the largest ever made by the SDT against a single firm, relates to a 2014 High Court case that saw White & Case blocked from acting for Ukrainian client Victor Pinchuk after it failed to identify a conflict of interest.
How is one to reconcile the potential conflict between the overriding duty of good faith to the firm against the professional obligation to act in the best interests of the client, at all times?
What if a publisher's licensing model involves selling competitive intelligence to interests that are in litigation against your client's?
(See my post «How the Legal Industry's Pursuit of Leverage Pits the Client's Interests Against Those of the Law Firm» — where I recount my chief financial officer friend's receipt of a bill from an AmLaw 100 highest revenue firm for tax law advice from two of its junior lawyers whose the AmLaw 100 employer considered them sufficiently incomplete in their qualifications that it charged my CFO friend for their «supervision» by — of all specialties — a partner in the real estate group!)
I always fight for the best interests of my clients and I have the experience and legal dexterity needed to successfully fight back against even the most powerful trucking companies, both at the settlement table and during trial.
Counsel's goal is to make sure that instructions are given with complete confidence that only the client's best interests are being served, and served in accordance with what really matters to the client — there are always options and they can be tailored to the client's advantage, from agreements to have charges against a c - accused withdrawn, to the return of seized property, to the terms of a probation order and countless other examples.
Counsel's goal is to make sure that instructions are given with complete confidence that only the client's best interests are being served, and served in accordance with what really matters to the client — there are always options and they can be tailored to the client's advantage, from agreements to have charges against a co-accused withdrawn, to the return of seized property, to the terms of a probation order and countless other examples.
Instructed as part of a team by a retail client in a multi-million pound Chancery Division claim against a bank for alleged mis - selling of a series of interest rate swaps
I work with clients and their lawyers to help structure deals that work in their best interests, which usually means maximizing the amount they can end up with on a sale, and protecting them against surprise tax consequences.
The attorneys at Jacobs Law always strongly advise clients against providing these statements because it is never in a client's interest to do so!
Provides counseling, strategy, and litigation support to clients interested in litigating under the ACPA against domain infringers / cybersquatters.
[38] This should all be done to guard against the lawyer taking what would be an inappropriate personal interest in the litigation thereby putting at risk his or her obligation to provide the client with objective advice and undivided loyalty.
as a profession, we always put our client's interest against our own.
It also limited the rule so it only applies where the new representation is directly adverse to the immediate legal interests of the client and where it would not be «unreasonable for a client to expect that its law firm will not act against it in unrelated matters.»
Perhaps it might be argued that this only relates to working against the «legal» interests of the client, as opposed to his / her «commercial» interests but I do not subscribe to that view.
Another element of the duty of loyalty is the duty not to act against the interests of a current client, even on an unrelated matter: R. v. Neil [2002] 3 S.C.R. 631, Strother v. 3464920 Canada Inc., 2007 SCC 24 and Wallace v. Canadian National Railway, 2013 SCC 39.
His case has pitted those in the legal profession and academia who say defence lawyers must be zealous advocates in order to protect their clients» best interests against those who say it's crucial that a forceful defence be properly balanced against courtesy and respect.
A litigator must act in their client's interest, even if that goes against their personal views or ethics.
«You need to be able to see the commercial picture of the negotiations and to be able to weigh the client interests against the risks and he's one of the best at this,» a client says, while another adds: «He was very protective of our interests and was very tough in negotiations.»
Representation of hundreds of investors in complex securities action involving oil and gas investor scam resulting in $ 21.5 MM disgorgement order obtained by the Securities and Exchange Commission against the perpetrators and the investor clients receiving a collective 60 % interest in the oil and gas company after the perpetrators were removed through successful appointment of a Ch.
«I advise clients to carefully balance legitimate business interests that are at stake against the privacy interest of the employee,» Kaplan said.
I now have Justice Lax in McKenna v. Gammon Gold Inc. to back me up when she ruled that Siskinds should not be disqualified for a conflict of interest from prosecuting a class action against an underwriting subsidiary of a client bank that it acts for in separate matters.
This will allow lawyers to check they can act for you (and any associated clients) against the involved parties (by checking that they don't have any existing conflicts of interest).
The Mavrick Law Firm has been creative and aggressive in defending clients» interests and where appropriate has counterclaimed to turn the table on meritless claims brought against clients.
Naysayers claim that the important role that lawyers play in society requires lawyers to be independent of influences that will compromise their ability to champion their clients» interests against the state and major actors in society.
Highlights included acting for Omega Atlantic Limited in its professional negligence claim against GVA Grimley related to funding advice, and are representing Univer Manufacturing in a claim against its former solicitors alleging that the firm's drafting of an exclusive distribution agreement and indefinite IP licence failed to protect the client's interest causing substantial loss.
A number of our clients have already expressed an interest in exploring any potential claims against RBS, and we are investigating further.
We are dedicated to protecting our clients against competing corporate interests and government regulators.
A former client of Perkins Coie and Bracewell has filed a malpractice suit against the two firms, claiming they led it into a contract that failed to protect its interests in a deal with Morgan Stanley.
In fact, a significant portion of ethical complaints against lawyers arise in three contexts related to law practice organization: client communication, handling of money, and conflicts of interest.
His case has pitted those in the legal profession and academia who say defence lawyers must be zealous advocates to protect their clients» best interests against those who say it's crucial that a forceful defence be properly balanced with courtesy and respect.
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