It is a situation that none of us ever wants to find ourselves in, but the reality is that some people will have encounters with the police and legal system at some point in their lives. This article aims to go over some basic information you’ll want to know to get you through the earliest stage of the criminal process if you’re ever accused of a crime.
The first stage of the criminal process is that the police arrest a person accused of a crime. At this point, a police officer would have sworn a written statement before a Justice of the Peace stating that he/she believes that the accused has committed an offence. Criminal charges normally involve a violation of the Criminal Code, but they can involve violations of other statutes (legislative documents) as well, such as the Controlled Drugs and Substances Act or numerous other statutes.
When Facebook went public on May 18, for the handful of venture capitalists, Accel Partners, Greylock Partners and Meritech Capital, who have been with the company since its early days, it was a massive financial payoff. With the IPO also came fame and reputation. At a closing price of $38.23, Facebook's market value is nearly $105 billion, creating huge paper gains for scores of early insiders and hundreds of employees.
Venture capitalist Accel Partners, which initially invested $12.7 million in Facebook at a $98 million valuation back in 2005, the year after it was founded, is clearly the big winner. With the IPO, the current stake of Accel and its affiliates will be worth $6.3 billion, assuming a mid-point stock price of $31.50.
Islamic finance and banking have enjoyed success in common law jurisdictions such as England, New Zealand, Australia and India. In fact, Islamic banks willingly submit themselves to common law courts to enforce shariah-compliant commercial contracts.
Islamic banks in the UK have in their murabahah (Islamic financing) agreements a governing law clause that states: "Subject to the principles of the Glorious Shariah, this Agreement shall be governed by and construed in accordance with the laws of England".