Mayer Brown announced on Tuesday that a partner who has spent almost his entire three-decade legal career at the firm has been reelected to a second three-year term as its chair. This decision reflects the firm’s confidence in his leadership and commitment to stability during a period of continuous growth. For more details, visit the…
An ex-BNP Paribas SA equities lawyer who was dismissed for using racially offensive language is now seeking a €1.5 million payout. The lawyer’s conduct included using a racial slur to describe a colleague, comparing another to Cambodian dictator Pol Pot, and referring to his superior with a vulgar term. The former employee, whose tenure at…
Cyberattacks compromising the health information of millions of Americans are prompting Congress and the Biden administration to take action to better protect highly sensitive personal data that’s profitable for hackers. Up to a third of Americans had their private health information exposed in the cyberattack on Change Healthcare in recent months. The breach is believed…
In a significant development, a judge has lifted the anonymity of an ex-partner involved in Deacons’ ongoing sexual harassment saga. This decision comes as the former partner now faces defamation allegations. The case initially drew substantial attention when the allegations were first made public. However, recent legal maneuvers have redirected focus to the former partner’s…
Hakluyt & Co., a London-based advisory firm renowned for its discreet advice to companies and buyout firms, is strategically expanding into Silicon Valley to venture into startup investments. The firm, founded nearly 30 years ago by ex-MI6 intelligence officers, has successfully raised its first venture capital fund, surpassing its $50 million target. This new investment…
Hausfeld LLP’s London Office leadership will soon transition, following the announcement that Nicola Boyle will take over as the new managing partner. This comes after Lianne Craig decided to step down early to attend to a family illness. Craig had taken the helm as UK managing partner in early 2022, during a period of significant…
Litigation funder Therium, known for financing the postmasters’ successful litigation against the Post Office over the Horizon scandal, has been accused of ‘wilful negligence’ in a lawsuit concerning ‘rogue arbitration’. Details on the allegations are limited, but they suggest significant missteps by Therium during the arbitration process. Legal professionals invested in litigation funding and arbitration…
Legal News Spain has experienced a rapid recent growth in litigation, particularly competition claims following on from regulatory findings of infringements. Trucks cartel claims continue to go through the regional Spanish courts, with many hundreds of separate judgments being issued to date. Following the ECJ’s February 2024 decision in relation to Scania (Case C‑251/22 P,…
In the latest Q&A on how senior lawyers handle the pressure of working in law, a partner at litigation boutique Stewarts shares her experiences. Commercial litigator Elaina Bailes, who has been at Stewarts for over a decade and first made partner in 2019, represents a wide range of clients, including companies, financial institutions, states, and…
In the lead-up to the 35th anniversary of the Tiananmen Square protests, the National Security Department of the Hong Kong Police Force has arrested an eighth individual for alleged sedition. A 62-year-old man was apprehended on Monday, merely days after seven other suspects were arrested on May 31, bringing the total to eight suspects accused…
Some Big Law firms are now making summer associates learn the ins and outs of generative AI as they begin integrating what’s considered to be an impactful technology for the profession. K&L Gates, Dechert, and Orrick Herrington & Sutcliffe have incorporated training on the technology for this year’s class of summer associates, teaching them how…
President Joe Biden has nominated Joshua Ditelberg for the Republican seat on the National Labor Relations Board (NLRB). A seasoned attorney at Seyfarth Shaw LLP in Chicago, Ditelberg has long operated behind the scenes on critical labor issues without seeking personal acclaim. The nomination underscores Ditelberg’s extensive experience in shaping vital areas such as joint…
Mayer Brown has reappointed Jon Van Gorp for another three-year term as chair, reinforcing its strategic focus on high-revenue practice areas. Van Gorp, who has led the nearly 1,900-lawyer firm since 2021, aims to continue enhancing the firm’s strengths in insurance, capital markets, and international arbitration. Under Van Gorp’s leadership, Mayer Brown has expanded geographically,…
In a recent development, Russia’s foreign ministry has announced the imposition of new entry bans targeting several British politicians and journalists. This strategic move by Russia appears to be a reaction to what it perceives as growing hostility from the UK. According to a statement from the Russian foreign ministry, British media have been accused…
Global Sustainability Board’s Agenda The International Sustainability Standards Board (ISSB), a three-year-old initiative, is encountering challenges related to its agenda, overlap with other regulatory bodies, and its long-term financial sustainability. The ISSB, which was launched in November 2021, aims to create a comprehensive framework for corporate sustainability reporting that can be adopted globally. These standards…
Federal efforts to force a ban or sale of TikTok present legal hurdles and complex challenges for US-Chinese dealmaking across industries. Chronic supply chain issues and geopolitical tensions add more governmental and regulatory hurdles for China-based companies that seek to conduct business in the US. Legal challenges have generally positioned a ban as an improper…
If a New York state bill becomes law, those who use an automated sales suppression device to evade state taxes could be charged with defrauding the government—a felony. The legislation is an ambitious but flawed attempt to boost tax revenue, purportedly by up to $1 billion annually. The proposed statute could unfairly subject business owners…
Taxpayers and legal practitioners are increasingly finding that traditional arguments are insufficient when disputing FBAR (Foreign Bank and Financial Accounts) penalties with the IRS. Historically, courts have often sided with the government, particularly in cases of willfulness. However, recent cases indicate that inventive and nuanced legal arguments can occasionally provide a pathway to success. For…
New York’s Court of Appeals recently overturned the 2020 conviction of Harvey Weinstein, citing that the trial judge inappropriately allowed testimonies from multiple women who were not directly linked to the charged crimes. This decision has prompted vigorous debate and has led to a legislative response that could significantly alter the landscape of sex crime…
The U.S. Supreme Court’s recent decision in Cantero v. Bank of America mandates that national banks reevaluate the state laws they adhere to, placing a substantial burden on these institutions to ensure compliance. This decision notably diminishes the ability of national banks to claim state law preemption, thus amplifying the necessity for these banks to…
The US Supreme Court is set to hear Delligatti v. United States, a pivotal case that will reassess the definition of a “crime of violence” under 18 U.S. Code § 924(c)(3). The case has been granted certiorari and is slated for the 2024 to 2025 term. This development raises important questions regarding the interpretation of…
The Louisiana legislature has taken a controversial step by approving a bill that introduces surgical castration as a potential sentencing option for certain aggravated sexual offenses committed against minors. The bill, passed on Monday, targets offenses against children younger than thirteen, including acts such as rape, molestation, and human trafficking for sexual purposes, as defined…
A Lamia Appeals Justices’ Council in Greece has sentenced Nikos Michaloliakos, the founder of the far-right Golden Dawn political party, to prison, overturning a previous decision to release him on parole. This decision, reported by the Athens News Agency, comes after Michaloliakos was initially sentenced to 13 years and six months in prison before being…
Kostelanetz LLP, a notable tax and white-collar boutique, has merged with Todd Welty PC to enhance its tax controversy practice. Effective June 1, the newly combined firm will now have offices in New York, Washington, and Atlanta. This strategic move is bolstered by the addition of Todd Welty and Andy Steigleder as partners, along with…
In a recent decision, Luminar Technologies Inc., a prominent player in the autonomous vehicle industry, has successfully fended off an investor class action lawsuit. The plaintiffs had alleged that the company misrepresented an image of a competitor’s technology as its own. However, a federal judge in Florida ruled that the image in question would not…