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
Market for D&O insurance hardest in living memory Read More »
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
Wrongful Death Claims And How They Can Be Proven Read More »
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
Westpack Hit With Largest-Ever Civil Penalty in Australia Read More »
(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 standing world-leader
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
GM Launches $2 Billion Strategic Partnership with Electric Vehicle Pioneer Nikola Read More »
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 laws. Benjamin Jong Ren Hung, 28, of San Marino, is charged with one count of conspiracy
Man Accused of Truck Attack on Peaceful Protesters Read More »
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 international commercial, technology and
Kilpatrick Townsend & Stockton Add Tech & Cybersecurity Lawyer from Baker McKenzie Read More »
Although Texas does not have their own comprehensive labor laws, they do have regulations that offer employees certain rights within the state. These rights affect employees in the private sector and there are numerous law that cover the ‘basics’, such as minimum wage, fair treatment, breaks, and more. Minimum Wage The federal minimum wage is
Employment Laws in Texas: Everything You Should Know Read More »
The Situation: Following a boom in class actions backed by litigation funders, the Australian Federal Government has introduced new regulations which classify litigation funding schemes as “managed investment schemes” and “financial services licensing schemes” for the purpose of the Corporations Act 2001 (Cth). The Result: From 22 August 2020, litigation funders must hold an Australian Financial Services Licence and
Australia Places Increased Scrutiny On Litigation Funders Read More »
What happens during sentencing? Charles Jordan – A sentencing hearing takes place after a plea deal or a defendant has been found guilty and it is, regrettably, one of the most common events to be occurring in everyday life in the United States. There are currently 1.21 million people serving prison sentences in state penitentiaries,
