Legal
The chief executive of the US-based Morgans Hotel Group has urged shareholders to reelect the existing board of directors, and reject a bid by two families to place their children at the helm of the company. He has also said that, if reelected, the board will consider strategic alternatives for the company, including its sale.
Malta’s minister for the economy, investment and small business has announced the government has started work on a family business act that would be the first of its kind in Europe.
Swiss banks are coming to terms with a world with less banking secrecy. But are they adapting fast enough to a public that wants more transparency?
News Corporation's board of directors has approved plans to separate out its publishing and entertainment activities in to two distinct companies, with a poisoned pill strategy in place to protect the new companies from a hostile takeover.
Bernard Arnault's luxury goods powerhouse LVMH could face a big fine if it is found to be in breach of financial regulations over its stake in rival family business Hermes.
Every family has secrets. Trouble comes when families collude rather than talking honestly to each other about them.
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