In a recent 2-1 decision, the U.S. Court of Appeals in the District of Columbia overturned a $475 million award by the London Court of International Arbitration (LCIA) in the case of Doraleh Container Terminal v Republic of Djibouti. The court has required Quinn Emanuel Urquhart & Sullivan to demonstrate its authority to represent Doraleh…
Clifford Chance is positioning itself as “opposite” to major US law firms as it aims to expand its presence in the United States and address escalating competition within its own borders. “We are adapting and we will adapt to that market,” said Charles Adams, the firm’s global managing partner, referencing the US. “But also, everywhere,…
The Oscar-winning legal thriller ‘Erin Brockovich’ catapulted the already successful Los Angeles attorney Thomas V. Girardi into the national limelight. The movie highlighted Girardi’s role in securing a $333 million settlement against Pacific Gas & Electric for poisoning a California town’s drinking water, solidifying his reputation as a pioneer in “toxic tort” litigation. However, decades…
Paul Hastings has recently announced the acquisition of a structured finance partner from Weil, marking the second departure from Weil’s London office in a span of only a few months. This move continues to emphasize the growing mobility within top-tier law firms as they seek to strengthen their finance capabilities. For more details, read the…
Gig-economy giants Uber Technologies Inc., Lyft Inc., and DoorDash Inc. are currently gaining significant traction in their long-standing battle over the classification status of their drivers. These companies continue to secure multiple state-level agreements and favorable court rulings to maintain the independent contractor designation for their drivers. For example, a Pennsylvania federal court judge recently…
A Michigan lawyer who faces criminal charges for allegedly misusing voting equipment after the 2020 election is seeking a spot on the state’s top court. Matthew DePerno, a Trump-backing attorney, is one of three Republicans campaigning for the party’s nomination on August 24 for a partial term on the Michigan Supreme Court that runs through…
“`html K&L Gates Straits Law, a joint venture between the American practice K&L Gates and a local entity in Singapore, has recently experienced a significant shift in its leadership. Former managing director and legal veteran Sreenivasan Narayanan has departed to establish his own practice, Sreenivasan Chambers. Joining him in this new venture are counsel Jason…
Woodside to Buy Texas Clean Ammonia Project for $2.4 Billion Woodside Energy Group Ltd., Australia’s largest energy producer, is set to acquire a clean ammonia project in Texas for $2.35 billion. Woodside will purchase OCI Clean Ammonia Holding BV from Dutch chemicals company OCI NV in an all-cash transaction. The deal was announced on Monday…
Am Law 100 firms continue to see most of their growth in transactional work, while Second Hundred firms have found a “goldilocks” zone in both countercyclical and corporate work, according to a new Q2 report. The report suggests that these firms are performing robustly, significantly benefitting from the varied landscape of legal demands. For further…
A rift between the White House and a North Carolina senator over judicial nominees could spell trouble for a Greensboro federal trial court bracing for the retirement this year of half its active bench. The two upcoming vacancies on the US District Court for the Middle District of North Carolina are unlikely to be filled…
A growing wave of financial tinkering by distressed companies to raise new money is leaving a lasting mark on corporate restructuring practices. Lawyers are now engineering and navigating evolving forms of liability management transactions that often pit creditors against one another in a battle for collateral and repayment priority. Since the Covid-19 pandemic, these controversies…
The viability of the Public Company Accounting Oversight Board’s (PCAOB) enforcement proceedings is in question following the US Supreme Court’s decision in SEC v. Jarkesy, because the PCAOB has no statutory authority to bring such proceedings in federal court. The court held that the Seventh Amendment entitles a defendant to a jury trial when the…
The domestic content bonus, introduced as part of the Inflation Reduction Act, is proving to be one of the more challenging tax incentives for energy makers to secure. The Treasury Department and IRS attempted to clarify eligibility criteria with the release of Notice 2024-41 in May, yet significant complexities remain. This bonus offers up to…
Artificial intelligence and machine learning are revolutionizing the medical device industry, yet these advancements bring substantial patent and regulatory hurdles that corporations need to navigate carefully. Gaining Food and Drug Administration (FDA) approval while securing intellectual property (IP) protection are two crucial but complex tasks facing companies developing AI-powered medical devices. As these technologies advance…
In an evolving corporate landscape, businesses are increasingly recognizing the value of adding lawyers to their boards of directors. This strategy aims to bridge essential skill gaps and diversify perspectives in corporate governance. Amidst growing regulatory complexities and shareholder litigation, companies are customizing their boardrooms to best navigate these challenges, often considering legal expertise as…
Article China’s leading law firm Fangda Partners is extending its footprint in Southeast Asia with the launch of its new office in Singapore. The firm has made a notable hire, bringing on board Ivy Liu, a partner from Watson Farley & Williams who has been based in Southeast Asia for the past decade. For further…
Thousands of people rallied with opposition leader Maria Corina Machado in the streets of Venezuela on Saturday, showing their support for opposition candidate Edmundo González, whom they believe was rightfully elected President of Venezuela despite incumbent Nicolás Maduro’s officially declared win. Similar demonstrations concerning the result of last Sunday’s presidential elections also took place in…
At least 93 people have been killed in Bangladesh as fierce clashes erupted across various cities on Sunday. The violence stems from widespread protests demanding Prime Minister Sheikh Hasina’s resignation, according to local media. The death toll includes 14 policemen, escalating concerns over public safety. The protests have their roots in a student-led demonstration over…
While U.K.-led firms remain the dominant international force in Germany, U.S.-headquartered firms have been gaining significant traction over the past year. This shift is reshaping Germany’s legal market and challenging established norms. For further details on this evolving dynamic, see the original article. Related topics discussed include the potential impact of consolidation on the industry…
In light of the two major reforms to the U.S. Supreme Court that President Joe Biden proposed last week—imposing term limits and a code of ethics on the court’s nine justices—it’s worth taking a look at how top court judges in other democratic countries, particularly America’s closest neighbor, Canada, fare in these areas. Judges on…
In a decision that underscores the intricate legal battles surrounding former President Donald Trump, a federal judge ruled that Trump failed to prove his claim that the federal indictment against him was an improper, politically motivated effort by the Biden administration. The ruling addresses Trump’s argument that the investigation into his actions to overturn the…
The UK government has announced the instigation of 24-hour court operations to handle the prosecution of individuals involved in a recent surge of far-right riots across multiple UK cities. This urgent measure aims to expedite the legal process for those implicated in the violence, following high-level consultations between senior ministers and judiciary representatives. The Telegraph…
Students Against Discrimination, a prominent activist group in Bangladesh, has called upon the public to sustain their protests against Prime Minister Sheikh Hasina following violent clashes over the country’s controversial civil service quotas. These quotas allocate government jobs to the descendants of liberation war veterans, a policy that incited significant civil unrest led by student…
Russian opposition activist Ilya Yashin vowed to continue his fight for peace and justice in Russia on Friday after being freed and exiled in a historic prison swap between Russia, the US, and other countries. The swap, orchestrated on Thursday, saw 16 prisoners, many of them dissidents, released from Russian jails in exchange for eight…
When lawmakers in Washington State set out to expand a lucrative tax break for the state’s data center industry in 2022, they incorporated a provision to study the energy-hungry industry’s impact on the state’s electrical grid. However, Governor Jay Inslee vetoed that provision while allowing the tax break to move forward. As The Seattle Times…