Sallie Mae takes JC Flowers to court

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Latest Briefings

HighQ launches AI survey, aiming to sift through the hype

When it comes to artificial intelligence in the legal industry, the number of platform options are soaring with almost 70 companies focused on creating AI-enabled legal technology solutions, according to a LawGeex report. It’s also clear that firms and other businesses will want to evaluate and invest in multiple AI platforms to solve different problems, […]

Angola: The Mining Law Review

By João Afonso Fialho, Ângela Viana Angola is one of the greatest diamond producers in the world and has extensive reserves of valuable natural resources, notably diamonds, gold, iron ore, phosphates, copper, manganese, and many other mineral resources. Unfortunately, the civil war (1975–2002) had a tremendous impact on the mining industry, which was basically put […]

Benefits and perils of permanent health schemes in employment contracts

In the recent case of Awan v. ICTS UK Ltd [2018] 11WLUK 385 (Simler J, President) the EAT confirmed and strengthened previous decisions (Aspden v. Webbs Poultry [1996] IRLR 251, Briscoe v. Lubrizol Ltd[2002] IRLR 607, amongst others) To the effect that a term will be implied into contracts of employment that “once the employee has become entitled to […]

Canadian securities regulators concern on problematic promotional activities by issuers

By Brett A. Kagetsu, Denis G. Silva A recent announcement by Canadian securities regulators demonstrates their growing concern with biased promotional materials, and highlights the risks to issuers when engaging with prospective investors. The regulators state that they are seeing promotional activities by issuers that are either untrue or unbalanced to such a degree that […]

Imprisonment fears allayed for arbitrators and experts involved in UAE-Seated arbitrations

By Courtney Rothery, Robyn Waller Imprisonment fears have been allayed for arbitrators and party-appointed experts involved in UAE-seated arbitrations following the latest amendments to Article 257 of the UAE Penal Code. THE PREVIOUS WORDING OF ARTICLE 257 OF THE UAE PENAL CODE In October 2016 arbitrators and party-appointed experts involved in UAE-seated arbitrations (who may or may not […]

Recommended

Camerons reinforces CEE with sector group shake-up

CMS Cameron McKenna has overhauled its sector groups after a summer of high-profile departures and arrivals, particularly in Central and Eastern Europe (CEE). The top-15 firm announced that Warsaw-based energy partner Andrzej Blach will head the energy, projects and construction group in the CEE. The job was previously held by Moscow-based David Griston, who joined […]

Quadrant raids 4-5 Gray’s for banking trio

Quadrant Chambers has raided 4-5 Gray’s Inn Square for a trio of barristers as it ramps up its banking and financial services practice for the expected influx of work following the credit crunch. The set has recruited derivatives specialist Tom O’Riordan, who, before joining 4-5 Gray’s Inn, worked as external counsel for Cadwalader Wickersham & […]

Hammonds UK strategy forces out projects chief

Hammonds’ chief of international projects and finance William Abraham has resigned in a last-ditch attempt to get the firm to refocus its global strategy. The firm is holding emergency talks with Abraham next week to address his concerns. “The firm wasn’t addressing Abraham’s concerns that his international practice had been sidelined following its strategy review […]

DLA Piper hires CC lawyer in Hong Kong

DLA Piper has hired Clifford Chance senior associate William Harrison as a partner in its Asian insurance practice. Harrison will be based in Hong Kong and is to focus on financial lines and speciality insurance including directors’ and officers’ liability, professional indemnity, fidelity and product liability insurance. “The appointment is part of our expansion in […]

Carey Olsen pre-empts regulatory change with hire

Jersey firm Carey Olsen has appointed Keith Hood in the newly created role of compliance director as the firm gears up for forthcoming changes in Jersey’s regulatory framework. Hood joins from Abbey National International in Jersey where he was risk and compliance manager. Jersey head of banking and regulatory law Paul Sugden said the hire […]

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