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Kenya Supreme Court overturns decision declaring Finance Act 2023 unconstitutional

JURIST

The Supreme Court of Kenya reversed the Court of Appeal ruling on Tuesday that declared the Finance Act 2023 unconstitutional. President Ruto signed the Finance Act 2023 into law on June 26, 2023, but it was later contested for unconstitutionality in the High Court.

Finance 207
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US court sentences former Mozambique finance minister to extended prison term

JURIST

Mozambiques former finance minister, Manuel Chang, has been sentenced to serve eight-and-a-half years in prison this Friday for his role in the “tuna bond” scandal by a Brooklyn court. In 2005, Mozambique’s President Armando Guebuza named Manuel Chang as Minister of Finance to lead the fight against poverty.

Finance 197
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Uganda court charges senior finance officials with corruption over central bank hacking

JURIST

A Ugandan court on Wednesday charged nine senior officials from the Ministry of Finance, Planning, and Economic Development over their alleged involvement in corruption, electronic fraud, and money laundering in connection with a hacking incident that led to a financial loss of at least $21 million from the countrys central bank.

Finance 132
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Canada top court strikes down election finance law provision for infringing right to vote

JURIST

The Supreme Court of Canada ruled Friday that a provision of an Ontario election finance law violated the constitutional right to vote, finding the provision to be invalid and of no effect. The case marked the second time the Ontario election law had been challenged in court. The provision, Section 37.10.1(2)

Finance 104
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Empower Your Firm: The Modern Guide To Litigation Financing

This guide simplifies the complex world of litigation financing and compares different models and how they can impact the access to justice your firm provides to clients. From multimillion-dollar funding, to no-interest deferred payment options for your court reporting and deposition needs, our guide walks you through the entire process.

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Supreme Court won’t hear challenge to Alaska campaign finance laws

SCOTUSBlog

Share For the second week in a row, the Supreme Court did not add any new cases to its docket for the 2024-25 term. Five voters and two groups that spend money on elections went to federal court in Alaska, arguing that the regulations violate the First Amendment. Court of Appeals for the 9th Circuit upheld that decision.

Finance 128
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US Circuit court temporarily halts enforcement of anti-money laundering law

JURIST

The 5th US Circuit Court of Appeals on Thursday temporarily blocked the enforcement of an anti-money laundering law that mandates corporate entities to disclose to the US Treasury Department the identities of their true beneficial owners. Garland, where the plaintiff argued that the law was unconstitutional or otherwise unlawful.

Laws 211