A recent analysis of the arbitration sector indicates that corporations are increasingly prioritizing the quality and reputation of arbitral institutions in their arbitration agreements. This trend, often termed as a ‘flight to quality’, is changing the landscape of dispute resolution. As per Gary Born, chair of the international arbitration practice group at Wilmer Cutler Pickering…
On February 13, 2024, Crowell & Moring announced that Eric Enson will join their Los Angeles office. Enson will be a partner in the antitrust and competition group. His past experience includes handling US Justice Department antitrust investigations and taking on civil class action and opt-out litigation. His areas of work are not limited to,…
In a notable shift, Dublin is increasing its profile as a significant global arbitration center. This is due to Ireland’s position as an EU member, its progressive legislative strides, absolute commitment to international standards, and the recent introduction of third-party funding in international commercial arbitration. Analysts observe that Dublin’s ascendancy is chiefly informed by its…
L’Occitane Inc., a leading global cosmetic and skincare company, has launched a legal challenge against Zimmerman Reed LLP, a prominent plaintiffs law firm, as recent reports indicate. The dispute revolves around accusations of Zimmerman Reed’s alleged manufacturing of frivolous claims against L’Occitane. These claims are purportedly presented under the California Invasion of Privacy Act as…
The rise of mass arbitrations, which some commentators are celebrating, is not necessarily a cause for celebration. As a result of this trend, it appears that the primary beneficiaries are plaintiffs’ attorneys who reap substantial fees from settlements. Often, these settlement amounts are wholly unrelated to the merits of the underlying claims. This poses a…
Yesterday, Massachusetts Governor Maura Healey nominated Gabrielle Wolohojian, a former WilmerHale partner and current Appeals Court Justice, for a position on the state’s highest court. The nomination comes with the intention to fill a vacancy on the bench. Wolohojian’s forthcoming appointment will add a layer of diversity to the Massachusetts Supreme Court, with her previous…
With the 2032 Olympic Games in Brisbane now eight years away, there has been a significant rise in the demand for lawyers in Australia. The various projects associated with the games have created a fertile ground for legal work, leading to an increased requirement for legal professionals. Law firms and recruitment companies are wondering if…
At Legalweek 2024, held in New York City, professionals from across the legal field congregated to share and explore fresh ideas and insights. Among the prominent figures was Bridget McCormack, President and CEO of the American Arbitration Association. McCormack was interviewed during the 300th episode of Legal Speak, which was live on location at the…
A year ago, Bridget Mary McCormack, the former Chief Justice of the Michigan Supreme Court, assumed the position of President and CEO of the American Arbitration Association (AAA). McCormack, known for her innovative approach to expanding access to justice, has amplified the AAA’s innovation techniques even further since her arrival, particularly in the adoption of…
In a recent settlement, Dechert LLP, a global specialist law firm, has agreed to pay a sum of approximately $15 million. The firm was accused of participating in an illegal scheme to hack Farhad Azima, an aviation executive. This information was confirmed by a spokesperson for Mr. Azima on Friday. The details around the hacking…
Contract review is key to any in-house legal profession. While any lawyer specializing in contracts might start out with a checklist of standard terms and conditions, experience teaches us a lot more about what to review in a contract. This is especially true with in-house counsel, as more than just the legal aspects are scrutinized…
Reed Smith has expanded its team with the addition of Luis Fortuño and Juliya Arbisman, both joining the firm as partners after stepping away from their previous roles at Steptoe, according to official statements made by the firm on Thursday. Partner Luis Fortuño becomes part of the regulatory and investigations practice based in Washington, D.C….
AI contract review firm, TermScout, has recently announced the introduction of an innovative AI marketplace named Screens. Referred to as a first-of-its-kind, Screens provides a platform where legal professionals and contract experts can develop their contract review AIs, tailored to their distinctive expertise, and subsequently sell them. This new marketplace offers a unique opportunity for…
David Elsberg, a founding partner at what was previously known as Selendy Gay Elsberg, has confirmed his decision to leave the boutique litigation firm to launch his own venture. The Wall Street legal outfit has since dropped Elsberg from its nameplate and is now known simply as Selendy Gay. The law firm has extended its…
In an engaging blend of law and pop culture, Philadelphia Court of Common Pleas Judge Ramy Djerassi has offered some intriguing insights into the interplay between sports and the legal world. Drawing parallels from Super Bowl 52, where the Philadelphia Eagles triumphed over the New England Patriots, Judge Djerassi highlights how the event serves as…
Bridget Mary McCormack, former chief justice of the Michigan Supreme Court, became president and CEO of the American Arbitration Association (AAA), the world’s largest private provider of alternative dispute resolution (ADR) services, last year. McCormack, a vocal advocate for system innovation to broaden access to justice while on the court, has reportedly boosted the AAA’s…
The Lausanne-based Court of Arbitration for Sports (CAS) heard Russia’s appeal on Friday against the sanctions imposed by the International Olympic Committee (IOC) on the Russian Olympic Committee (ROC). The IOC banned the ROC with immediate effect for “breach of the charter” back in October 2023. This step was taken following the ROC’s recognition of…
The People’s Republic of China (PRC) has expressed strongly to the United States to halt the passage of military ships in the Taiwan Straight, citing an abuse of international law and leveling accusations of `dangerous provocations’. This statement comes as a response to the movement of a US naval destroyer in the politically sensitive area….
Arnold & Porter partner has made history by becoming the first woman president of the Middle East Arbitral Court. Her appointment represents a significant milestone in the quest for gender equality in the region’s legal profession. She will now preside over the Abu Dhabi International Arbitration Centre, which has seen a refreshing change in its…
In a recent turn of events, global law firm Hogan Lovells has made a significant addition to its disputes team in Paris, attracting talents from its competitor, White & Case. Jean-Pierre Picca, an adviser to the French Presidency during Nicolas Sarkozy’s tenure, has been lured away, along with Jean-Lou Salha and three others. The esteemed…
In a noteworthy development in the realm of mass arbitration, electronics giant Samsung is challenging an order by a lower court that would leave it open to paying over $4 million in arbitration initiation fees. The case, which is currently under appeal in the 7th Circuit, could potentially have repercussions for the future application and…
In a recent development, a Massachusetts federal judge has advised a former attorney of Ropes & Gray LLP and his previous client to settle their ongoing fee dispute. With just a 15% difference to finalising an agreement, he admonished that it would be “crazy” to proceed with a potentially expensive fee arbitration process. The judge’s…
Crypto lender Nexo AG has officially filed an arbitration claim worth more than $3 billion against Bulgaria. The filing follows the conclusion of an investigation into the company’s activities, which included a raid on its Bulgarian office and criminal charges filed against four individuals. Nexo submitted the claim at the Secretariat of the International Centre…
The U.S. Supreme Court is set to decide a case that could potentially impact a frequently-employed strategy in handling employment-related lawsuits. This approach relies on keeping disputes in court for as long as possible instead of sending cases to arbitration. In what is fast becoming a highly-anticipated case, the Supreme Court will rule on whether…
News anchor Chris Cuomo’s attempts to disqualify the JAMS Inc. arbitrator overseeing his $125 million unlawful termination claim against CNN have been thwarted by a New York state judge. The judge was not convinced by Cuomo’s argument that the arbitrator was biased due to his previous representation of the media giant over two decades ago….