Finance

Controversial Campaign Finance Law Triggers Surge in Political Contributions from Public Contractors in New Jersey

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Trenton, New Jersey – Public contractors in New Jersey funneled $1.6 million into political parties during the last election, taking advantage of weakened pay-to-play restrictions. These contributions, which were previously limited to prevent the exchange of campaign funds for public work contracts, have raised concerns among good government groups about political corruption and influence peddling in the state. The influx of money came after the implementation of the 2023 Elections Transparency Act, a controversial campaign finance law that was signed by Governor Phil Murphy in April. Under the new law, contractors were able to make … Read more

Corruption in North Carolina: Lawmakers Skirt Campaign Finance Rules, Igniting Calls for Action

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RALEIGH, NORTH CAROLINA – A once fervent commitment to combat political corruption in the state of North Carolina appears to be on the decline, raising concerns about the influence of money in politics. In the early 2000s, campaign finance and lobbying laws were a hot topic, driven by the investigative work of government watchdog Bob Hall. However, recent years have seen a resurgence of questionable practices and a lack of enforcement, leaving the public wondering if corruption is being swept under the rug. Under the leadership of Democratic state House Speaker Jim Black, campaign finance … Read more

Hogan Lovells Strengthens Italy Practice with Major M&A and Finance Team Hire

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Milan and Rome, Italy – International law firm Hogan Lovells has made a major addition to its team in Italy with the hire of a 23-lawyer mergers and acquisitions (M&A) and finance group from Orrick. Led by former managing partner for Europe, Patrizio Messina, this team brings a wealth of experience and expertise in structured finance, debt capital markets, and M&A matters. The group will join Hogan Lovells in Milan and Rome, along with trainees and business services staff, making up a total of more than 30 individuals. Hogan Lovells CEO, Miguel Zaldivar, describes the … Read more

Former Trump’s Finance Chief in Negotiations for Guilty Plea: Civil Fraud Trial Updates

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NEW YORK (AP) – Lawyers involved in the civil fraud trial of former President Donald Trump shared with the judge on Wednesday that they had no information regarding a key witness who was reportedly negotiating a guilty plea for perjury. Judge Arthur Engoron had requested details from both the state lawyers and the defense counsel about the situation, which involves Allen Weisselberg, the former finance chief at Trump’s company, the Trump Organization. Last week, The New York Times reported that Weisselberg was in talks with the Manhattan district attorney’s office to plead guilty to perjury. … Read more