UM professor pleads guilty to laundering $2 million from Venezuelan corruption money Read more here: https://www.miamiherald.com/news/nation-world/world/americas/venezuela/article243177871.html#storylink=cpy

University of Miami professor Bruce Bagley pleaded guilty on Monday to two counts of money laundering after being charged with using bank accounts in his name and in the name of a company he created in Florida to launder over $2 million in proceeds from a Venezuelan bribery and corruption scheme.

The Façade of COVID-19 Class Action Litigation Against China Under the Foreign Sovereign Immunities Act

In recent weeks, at least seven class action lawsuits have been filed in federal district courts
throughout the United States against the government of the People’s Republic of China (the
“P.R.C.” or “China”), all relating to China’s alleged liability for damages and injuries sustained in the ongoing COVID-19 pandemic.

Software piracy: HC awards Rs 30 lakh damages to software giants Microsoft, Adobe

The Delhi High Court’s order came on a suit filed by Microsoft Corporation, Adobe Systems and Quest Software against a firm named ‘Chetu’ which provided IT services and solutions to its clients, and related parties, after they came to know that the company was using their unlicensed/pirated software programs on its computers.

Will inclusion on money laundering list spur action?

Roland Potts, partner, and Ravika Rameshwar, associate attorney, at Diaz Reus:
“The European Commission recently decided to broaden criteria to assess ‘high-risk’ countries. As a consequence of its broader criteria, the European Commission’s ‘high-risk’ country list grew, and several countries were added without much explanation, including Panama, the Bahamas, Barbados, Jamaica and Nicaragua.»