Directors in New Zealand and Australia are facing the most volatile and restrictive liability insurance market in living memory, according to a report released today by the Institute of Directors (IoD) with Marsh and MinterEllisonRuddWatts. And there are no signs of it improving anytime soon. “Regionally, D&O claims payments have dwarfed the total insurance premium … [Read more...]
Wrongful Death Claims And How They Can Be Proven
Proving a wrongful death case is something that will vary according to the laws in different states, although certain underlying principals apply as to the specifics of a wrongful death case and the way in which lawsuits over such cases should proceed. A wrongful death claim is a civil suit for monetary damages and differs from a criminal charge, which results in punishment … [Read more...]
Westpack Hit With Largest-Ever Civil Penalty in Australia
Westpac Group (ASX: WBC) will pay $1.3 billion in penalties after admitting to breaching anti-money laundering and counter-terrorism laws on more than 23 million occasions. The penalty, if deemed appropriate by the Federal Court, will be the largest ever civil penalty in Australian legal history following proceedings brought by AUSTRAC. The bank admitted to a number of … [Read more...]
Eversheds Sutherland announces two new Global Co-Chairs of its International Arbitration Practice
(September 22, 2020) – Eversheds Sutherland has announced a new leadership team for its global International Arbitration Practice, which will be co-lead by partners Jonathan Leach and Meriam Nazih Al-Rashid. Jonathan and Meriam have been appointed to the role of Global Co-Chairs of the International Arbitration Practice with immediate effect. The Practice is a long … [Read more...]
GM Launches $2 Billion Strategic Partnership with Electric Vehicle Pioneer Nikola
Powered by LawFuel - Paul, Weiss is representing General Motors Co. in a strategic partnership with pioneering electric vehicle maker Nikola Corporation. Under the terms of the agreement, GM will receive a $2 billion equity stake in Nikola in exchange for the in-kind services and access to GM’s ready-for-production Ultium battery technology and multibillion-dollar Hydrotec … [Read more...]
Man Accused of Truck Attack on Peaceful Protesters
LOS ANGELES – A San Gabriel Valley man who allegedly drove his truck into a crowd of peaceful demonstrators on May 31 in Pasadena was arrested today on a federal criminal complaint charging him with conspiring to violate firearms … [Read more...]
Kilpatrick Townsend & Stockton Add Tech & Cybersecurity Lawyer from Baker McKenzie
WASHINGTON, D.C. (September 15) – Kilpatrick Townsend & Stockton announced today the addition of a new partner, Sonia Baldia, to the firm’s Technology, Privacy & Cybersecurity Team in Washington, D.C. Ms. Baldia was previously a partner with Kilpatrick Townsend from 2013-15 and is rejoining the firm from Baker McKenzie. Ms. Baldia’s practice is focused on U.S. and … [Read more...]
