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Legal

March 17, 2010

The perils of owning and managing a family business are a regular feature of www.campdenFB.com, writes Katie Barker. Sibling rivalry, a lack of succession planning and leaders who are unable to let go are just some of the problems that can result in family feuds, PR catastrophes or even the sale of the business

The perils of owning and managing a family business are a regular feature of www.campdenFB.com, writes Katie Barker. Sibling rivalry, a lack of succession planning and leaders who are unable to let go are just some of the problems that can result in family feuds, PR catastrophes or even the sale of the business.

March 1, 2010

Thailand’s former prime minister, Thaksin Shinawatra, had more than half of his assets seized by the supreme court on Friday after nine justices agreed he had deliberately hidden his wealth and concealed his shareholdings in the family business.

Thailand's former prime minister, Thaksin Shinawatra (pictured), had more than half of his assets seized by the supreme court on Friday after nine justices agreed he had deliberately hidden his wealth and concealed his shareholdings in the family business.
 

February 24, 2010

Akio Toyoda, the beleaguered fourth-generation head of Toyota, admitted that rapid expansion at the family company caused it to put growth ahead of safety and quality, resulting in the current recall crisis.

Akio Toyoda, the beleaguered fourth-generation head of Toyota, admitted that rapid expansion at the family company caused it to put growth ahead of safety and quality, resulting in the current recall crisis.

February 19, 2010

Toyota president and CEO Akio Toyoda has agreed to appear before the US House of Representatives’ Committee on Oversight and Government Reform after being summoned by committee chairman Edolphus Towns yesterday.

Toyota president and CEO Akio Toyoda (pictured) has agreed to appear before the US House of Representatives' Committee on Oversight and Government Reform after being summoned by committee chairman Edolphus Towns yesterday.

The fourth-generation head of the Japan-based motoring giant confirmed he will attend a hearing on 24 February to testify against allegations that the problems associated with the millions of recalls Toyota has been forced to make "may have been the direct cause of serious injury and even death."

February 2, 2010

Turkey’s Dogan family, owners of one of the country's biggest conglomerates, has won a small victory after a court revoked part of a huge set of tax fines against the media arm of its empire.

Turkey's Dogan family, owners of one of the country's biggest conglomerates, has won a small victory after a court revoked part of a huge set of tax fines against the media arm of its empire.
 
Tax inspectors alleged that Dogan Yayin Holding AS had falsified the sale date of a 25% stake in the group's TV unit to Axel Springer AG of Germany. The court has now cancelled a fine worth 772.5 million Turkish lire ($516 million).
 

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