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The Hinduja Group, controlled by the Hinduja family, has had its plan to acquire the banking unit of KBC Group blocked by Belgian regulators.

Lawyers are taking advantage of the erosion of trust between family businesses and their banks. The best ones, says David Bain, are linking their corporate and private client practices - and offering more than just divorce and tax advice

Family-controlled German carmakers, Porsche and Volkswagen, announced on 23 February that their planned merger may not happen this year due to pending legal issues.

Reliance Communications, India’s second-largest telecommunications company, saw its shares fall by almost 50% over the last year, and further dropped by nearly 7% last week amid corruption accusations.

Family-controlled Hermes will be relieved that it notched up a 25% growth in sales in 2010 as it will bolster its defence from the predatory arch rival LVMH.

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