In the news this week

Author: John Crabb, Karry Lai, Olly Jackson | Published: 4 May 2018

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Americas: when worlds collide

It was otherwise a fairly slow news week in the US legal scene. Former private practice lawyer, New York major and presidential candidate Rudi Giuliani stole the headlines this week for all the wrong reasons with an unexpected and unprecedented about turn on payments made by President Trump to his former lawyer, Michael Cohen.

Another crossover between mainstream and legalese saw the Securities and Exchange Commission subpoena rap artist Jay Z for possible securities violations by Rocawear, the apparel line he co-founded.

Tesla share prices slumped significantly after the company announced that it is losing money faster than it can makes cars, reporting $700 million in losses. In deal news, the third and fourth biggest...