Apple has faced a notable setback after the European Union’s top court ruled that the tech giant must pay €13 billion in back taxes. This decision reverses an earlier ruling that had favored Apple in a long-standing dispute over its tax arrangements in Ireland. The case stems from a 2016 finding by the EU’s competition…
Saskatchewan’s Information and Privacy Commissioner has concluded that officers from the Saskatoon Police Service (SPS) improperly accessed investigation files without the requisite authorization. The privacy breach, which was discovered on Monday, involved three police officers who viewed sensitive investigation records of nine individuals for personal motives, potentially jeopardizing ongoing investigations. According to an official report,…
The European Commission’s directive ordering Apple to pay €13.1 billion in back taxes has reached a conclusion after an eight-year legal confrontation. This marks the end of a prolonged state aid dispute between the tech giant and the EU authorities, centered on allegations of unfair tax advantages. For a detailed account of the legal proceedings…
Mexico’s legislative path towards a sweeping judicial overhaul edged closer to fruition as Senate committees approved a reform bill on Sunday, marking a pivotal moment in the ongoing efforts led by President Andrés Manuel López Obrador’s Morena party. The bill, which aims to thoroughly restructure the judicial system, garnered significant support within the Morena-controlled lower…
“`html Baker McKenzie is advising Australian packaging manufacturer Orora on the $1.2 billion sale of its North American packaging and distribution business to Veritiv Corporation. Veritiv, a packaging company headquartered in Atlanta, Georgia, is being advised by Kirkland & Ellis and Debevoise & Plimpton. For more details, visit the original article. “`
In a significant move within the legal industry, Womble Bond Dickinson has announced its intention to merge with Lewis Roca, marking the latest in a series of high-profile combinations in the Big Law sector. This merger is poised to expand Womble Bond Dickinson’s reach across the United States, leveraging Lewis Roca’s established presence in the…
Employers continue to face challenges reconciling the varying legal statuses of intoxicating hemp-derived products on the market containing the psychoactive compound in marijuana, or THC, with their workplace drug testing policies. This legal gray area was brought back to the forefront last week in a split decision from a three-judge panel of the US Court…
Apple Inc. and Alphabet Inc.’s Google have recently faced significant legal setbacks in Europe, marking a notable development in the European Union’s ongoing scrutiny of major technology companies. Apple lost its appeal against a €13 billion ($14.4 billion) Irish tax bill, while Google failed to overturn a €2.4 billion fine for abusing its market dominance…
Greenberg Traurig LLP has expanded its new San Diego office with the recent addition of a five-attorney team formerly associated with Withers LLP. This strategic move aims to enhance the firm’s private wealth services practice. This team brings significant expertise and experience, underscoring Greenberg Traurig’s commitment to strengthening its presence in the region. For more…
Womble Bond Dickinson has announced that its U.S. business will be merging with regional law firm Lewis Roca Rothgerber Christie LLP starting at the beginning of the new year. This marks the third law firm merger disclosed in the past week, reflecting a continuing trend of consolidation in the legal industry. For more details, please…
According to recent early data from five of the top 20 law schools in the United States, the percentage of minority students enrolling has remained mostly unchanged despite the Supreme Court’s ruling barring colleges and universities from considering race in admissions. This finding was covered in detail by Reuters. Among the institutions surveyed, the University…
“`html Quinn Emanuel Urquhart & Sullivan has expanded its office space at 90 High Holborn in London, retaining its presence in a location shared with several other notable U.S. law firms. This decision aligns with recent trends among American firms to update and expand their London offices, reflecting both an increase in business and the…
In a move that will reshape the legal landscape, Womble Bond Dickinson (US) and Lewis Roca Rothgerber Christie announced plans to merge, creating a new entity with over 1,300 lawyers. The merger, set to take effect on January 1, 2025, follows five months of discussions aimed at expanding market reach and strengthening practice areas. This…
In a strategic move to bolster its data and privacy capabilities, Goodwin announced the hiring of Peter Marta, a cybersecurity partner from Hogan Lovells, on Tuesday. Marta will be joining Goodwin’s data, privacy, and cybersecurity practice in New York. Prior to his tenure at Hogan Lovells which began in 2019, Marta served as the global…
UK Top 50 Law Firms by Revenue On the surface, the last financial year appeared highly successful for the UK’s 50 largest law firms, with an average revenue growth of 9.7% and a 12.9% rise in profit per equity partner (PEP). However, the underlying metrics present a more nuanced picture. Unlike revenue and PEP, average…
AngloGold Ashanti Ltd. has agreed to purchase Centamin Plc in a transaction valued at approximately £1.9 billion ($2.5 billion). The agreement, as detailed by Bloomberg Law, comes amid a backdrop of rising gold prices, which is prompting many players in the industry to explore expansion opportunities. This acquisition is part of a broader strategic effort…
The African Legal Awards 2024, covered by Law.com International in its 11th year, celebrated leading names from across the continent, showcasing exceptional talent and major achievements in the legal sector. For a detailed overview and to access the full article, please visit Law.com International.
In a strategic move to strengthen its venture capital practice in London, Cooley LLP has announced the addition of three new partners. The trio, coming from Taylor Wessing, Goodwin, and White & Case, bring extensive expertise and are expected to significantly bolster Cooley’s capabilities in the competitive venture capital market. For further details on this…
The European Court of Justice ruled on Tuesday that Ireland illegally granted Apple state aid through past tax rulings, allowing the U.S. technology giant to avoid €13 billion ($14.3 billion) in back taxes. This decision marks a significant development in the ongoing scrutiny over corporate tax practices within the European Union. More details on this…
Dan Hirschovits, a long-standing capital markets partner at Davis Polk & Wardwell in London, is transitioning to Paul Hastings, effective as of Tuesday. Hirschovits, who has been a partner at Davis Polk for over 12 years, brings a wealth of experience in working with investment banks, companies, and private equity sponsors on various corporate financial…
Paul Hastings has hired Dan Hirschovits, a former Davis Polk & Wardwell capital markets partner in London, as the US-based firm continues its growth push across the pond. Hirschovits advises on UK and international equity capital markets transactions, including IPOs, secondary offers, private placements, and other securities offerings. He was part of a Davis Polk…
A federal judge’s recent decision has illuminated the growing judicial apprehension towards certain airline agreements, underscoring a trend where courts are exhibiting increased vigilance not just towards mergers, but also towards joint ventures and other collaborations in the airline industry. Judge Ann M. Donnelly of the US District Court for the Eastern District of New…
A former Federal Trade Commission (FTC) official who was significantly involved in efforts to block the Kroger-Albertsons merger will not participate in his new law firm’s advocacy to rescue the deal. Mark Seidman, who recently joined Weil Gotshal & Manges after an 18-year tenure at the FTC, is precluded from engaging in any cases he…
Arnold & Porter announced that Todd Boudreau has joined the firm as a partner within their corporate and finance practice, based in their Boston office. Boudreau brings a wealth of experience in mergers and acquisitions, serving both private equity sponsors and strategic corporations in both domestic and cross-border transactions. Additionally, he offers advisory services on…
The recent sexual misconduct findings that led to the resignation of a federal judge in Alaska have cast a new light on US Attorney S. Lane Tucker, appointed by President Biden. Tucker, who has served in the role since 2022, was not directly named in a judicial panel’s July report which concluded that Judge Joshua…