Law and business: commercial news round-up 04.10.13
updated on 04 October 2013
Here we are in week four of our commercial awareness news digest. Check out this handful of big business stories that came up in the broadsheets and legal press this week:
- Only in America? Nope: the US government shutdown has implications not just for those Americans being held to ransom by hardline Republicans, but also for the world's economy. Robert Peston explains why.
- BP escapes having to pay billions of dollars in payouts related to the 2010 Gulf of Mexico oil spill after US court rules that compensation should be limited.
- As the finale airs, the Economist asks what Breaking Bad can teach us about running a successful business (other than being wary of lawyers with an inflatable Statue of Liberty on the roof).
- George Osborne announces 86 amends to the Treasury's Banking Reform Bill, including tough criminal charges for "reckless" misconduct leading to the fall of a bank.
- Legal Week analyses global M&A activity over the last quarter, and suggests that renewed boardroom confidence could see "mega deals" making a comeback.
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