Your source for the latest developments in the legal world. Our Legal News section provides timely updates on significant legal cases, regulatory changes, judicial decisions, and other key events that shape the legal landscape globally.
The Swiss bank’s settlement with the US Securities and Exchange Commission (SEC), the Justice Department, and the UK’s Financial Conduct Authority (FCA) was announced just moments before Switzerland’s financial regulator rebuked it for its long-running corporate espionage scandal. The UK and US charges stem from almost $1 billion in bond offerings as well as a […]
According to communications regulator Roskomndzor, Google failed to pay 32.5 million roubles ($458,100) in penalties imposed this year so far. Roskomnadzor has said it will now seek a fine of 5-20% of Google’s Russian turnover. This could total as much as $240 million. Recently, Russia has stepped up pressure on foreign tech companies, lowering the […]
GM sued FCA back in 2019, claiming that the company bribed United Auto Workers (UAW) union officials over several years to corrupt the bargaining process and gain advantages. GM says this cost it billions of dollars. Its lawsuit had sought damages in an amount to be determined at trial. On Friday, Wayne County Circuit Judge […]
Building on a well-established relationship, the partnership with BPP University Law School will focus on an integrated programme of legal, technical, commercial, and personal development skills for trainees and solicitor apprentices. The first intake at BPP will begin in September 2024. Commenting on the firm’s programme, Alexandra Gower, Partner and Training Principal at Osborne Clarke […]
Representative Peter DeFazio, who chairs the Transportation and Infrastructure Committee, said that Boeing senior leaders are responsible for the culture of concealment that led to the 737 MAX crashes and the loss of 346 lives. Former pilot Mark Forkner was set to be arraigned after being indicted by a grand jury in Texas on six […]
On Thursday, Goodwin Procter announced it had hired former Foley Hoag partner Heather Miles and former special counsel at Cooley, Alexander Rea, who have both joined Goodwin’s technology practice in New York. Miles represents technology, healthcare and life sciences clients on corporate matters, while Rea represents private companies and their investors on matters including M&A […]
In a news update on its website, Womble Bond Dickinson (WBD) says it has “always been ahead of the curve when it comes to environmental management”. WBD already procures renewable energy in five of its seven UK offices and reports that close to 50% of the energy used in the UK comes from renewable sources. […]
Leigh Day says that drivers hired via third-party “delivery service partners” are currently classified as self-employed. This means that the drivers do not benefit from rights including the minimum wage and paid holiday. The firm argues that, because of the way Amazon dictates drivers work, they should be entitled to these rights. Leigh Day is […]
The move comes as a court in Seoul said Netflix should “reasonably” give something in return to SK Broadband for network usage. Several South Korean lawmakers have also voiced concerns over content providers, such as Netflix, who do not pay for network usage despite generating heavy traffic. In response to SK Broadband’s complaint, Netflix said […]
The deal was announced by Emerson on Monday as mergers and acquisitions in the tech space face increasing antitrust scrutiny from regulators in the United States. Emerson turned to its longtime advisor Davis Polk for guidance on the AspenTech deal. The law firm has advised Emerson on several transactions in the past, including a $1.6 […]
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