In a controversial move, a lawyer in Hong Kong has caused a stir by suggesting that the city’s courts should consider looking to legal precedents from mainland China. This suggestion has sparked debate among legal professionals and citizens alike, with concerns about the implications for Hong Kong’s judicial independence. The lawyer’s proposal comes amidst ongoing tensions between Hong Kong and mainland China over issues of autonomy and governance.
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US regulator asks Omnicom and IPG for information ahead of vote on acquisition deal | News
The US Federal Trade Commission has requested information from Omnicom and Interpublic regarding their proposed acquisition ahead of a shareholder vote next week, with Omnicom stating it is a standard part of the regulatory process. Both companies are engaging with the FTC and expect the transaction to close in the second half of 2025, with shareholders set to vote on the deal, which values IPG at about $13.3 billion, on Tuesday. Full Article
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