In a significant move that underscores the burgeoning demand for specialized mining law expertise worldwide, global legal firm Norton Rose has recently bolstered its operations in South Africa. The firm has managed to score a major hire from the Bar for its Johannesburg location, thereby considerably enhancing its mining law capabilities. While crucial details of…
In recent legal developments, JPMorgan Chase & Co. reported over $1 billion in suspicious transactions linked to the late financier, Jeffrey Epstein to the US Department of Treasury. This sizable sum was identified posthumously, after Epstein’s death in 2019. The U.S. Virgin Islands (USVI), which has filed a lawsuit against JPMorgan, disclosed these detailed financial…
Arm Holdings Ltd., a prominent player in the technology sector, is reportedly planning to establish an initial offering price range before initiating its investor roadshow post-Labor Day. This account was provided by individuals in the know who wished to remain unidentified citing the confidential nature of the proceedings. This highly anticipated stock listing is thought…
The U.S. Center for SafeSport, a nonprofit organization established by Congress to combat sexual abuse within Olympic sports, has appointed Jessica Perrill as its new general counsel. With a background as a veteran prosecutor and Division III soccer player, Perrill brings a unique perspective to the role. Prior to her appointment, she held a senior…
The renowned French law firm, Moncey, has recently attracted high-profile talent into its ranks by hiring veteran Linklaters partner, Fabrice de La Morandière. The legal jungernaut, known for his extensive industry experience and expertise, had previously operated at Linklaters for a noteworthy 22-year tenure. During this period, Morandière led the private equity practice and functioned…
The landscape of federal regulation of cosmetics is poised to undergo significant alterations. As of August, the Food and Drug Administration (FDA) has set forth a draft guide detailing new requirements pertaining to facility registration and product listing for all cosmetic product manufacturers. This action marks an evolution in the FDA’s regulatory power, as the…
New regulatory risks originating from the financial services sector can cause a significant influence on the value of fintech mergers and acquisitions. Bearing this in mind, on June 6, U.S federal banking regulators put forth their final guidance on managing risks associated with third-party relationships. The issued interagency guidance gives supervised banking organizations a broad…
Towards the tail end of this summer, the titans of law, Kirkland & Ellis, Freshfields Bruckhaus Deringer, and Allen & Overy joined forces with Maples Group, and Chinese based firms JunHe and Shihui Partners, to oversee an industry-first merger. The $1.3 billion dollar deal saw Hong Kong-listed special purpose acquisition company (SPAC), Aquila Acquisition Corp,…