2012 has been a big year for news; a Presidential election that didn’t result in a legal battle, Apple Vs Everyone, Hillsborough, banking scandals galore, tax avoidance, Jimmy Savile, the Olympics, and of course a royal pregnancy.
These were all interesting (and often shocking) stories, however there were plenty of other interesting and quirky stories we covered this year.
This year seems to have been a big one as far as banking scandals go. A major part of the fallout from the financial crisis, which was predominantly caused by the irresponsible actions of banks, has been a public and government outcry regarding the way banks operate.
From rate fixing to bonuses, money laundering and sanction breaking, this has been a year in which the banks have been taken to task by lawmakers and regulators across the world.
With the end of the year quickly approaching we thought we’d do a round up on the big stories we’ve covered this year relating to the law and social media.
From Twitter users being sued, fined and jailed to Facebook cyber bullying, it’s been a very interesting year in the world of social media.
The fallout from the Lord McAlpine saga continues this week with reports that Sally Bercow, the Speaker’s wife, is being sued by McAlpine for a tweet Mrs Bercow made which linked McAlpine to the allegations of child abuse which were aired on BBC’s Newsnight.
The BBC reports that lawyers acting for Lord McAlpine have made a claim for damages limited to £50,000.
HSBC has announced it will pay $1.9bn (£1.2bn) to US authorities in a settlement over poor money laundering controls, according to the BBC.
The news originally broke in July, when HSBC executives appeared at a US senate hearing following a subcommittee report which highlighted serious issues with the bank’s American operation.
A garlic smuggler is on the run after being convicted of avoiding £2m in import duty, according to the BBC.
Murugasan Natarajan was sentenced to six years in prison after being caught out pretending thousands of tonnes of garlic was fresh ginger, which is not taxed.
A young British girl with an American father is the subject of an international custody battle which has gone all the way to the US Supreme Court, according to the Telegraph.
Five-year-old Eris Hales Chafin’s mother, Lynne Hales, is arguing with ex-husband Jeffrey Chafin, a US Army sergeant, over custody of their daughter.
The High Court yesterday learned that the surviving members of Monty Python are note “unpleasant, shifty people” as a case regarding profits gained from 1975 film Monty Python and the Holy Grail.
Producer of the film Mark Forstater has taken the surviving members of the comedy group to court demanding an equal share of profits from spin-offs, particularly the stage musical Spamalot.
According to a report by the BBC, the Law Commission has begun a consultation into the effectiveness of England and Wales’ contempt of court rules.
The current law was introduced in 1981, long before the ‘information superhighway’ became a part of our day-to-day lives.
An industrial spy alleged to have sold top-secret Dyson vacuum cleaner technology to a rival has been named as Chinese engineer Yong Pang, according to The Telegraph.
Dyson claim Mr Pang was paid £11,500 by Bosch, a German competitor, in exchange for key intellectual property.