Top Law Firms Lead $14.5 Billion Nord Anglia Education Takeover, Transforming Global Private Equity A consortium led by Swedish investment firm EQT, Neuberger Berman Private Markets, and the Canada Pension Plan Investment Board (CPP Investments) has engaged several top-tier law firms to guide the $14.5 billion acquisition of Nord Anglia Education, a global network of […]
American Airlines Hit with $50 Million Fine Over Treatment of Disabled Passengers. American Airlines is facing a substantial $50 million fine after settling with the U.S. Department of Transportation regarding its treatment of disabled passengers. The investigation uncovered multiple violations, including providing "unsafe physical assistance" to passengers, which sometimes resulted in injuries and disrespectful treatment […]
Greenberg Traurig Counsels Volkswagen Leasing on Major $200 Million Note Issuance in Mexico In a landmark move for automotive financing, the Mexico City office of global law firm Greenberg Traurig, LLP, has served as external legal advisors to Volkswagen Leasing (VWL) during a significant two-tranche issuance of notes totaling $200 million. This notable transaction, which […]
White & Case Elevates 37 Lawyers to Partnership in 2025 In a significant move that underscores its global reach and commitment to legal excellence, White & Case LLP has announced the promotion of 37 lawyers to its partnership effective January 1, 2025. This diverse new partner class represents 11 of the firm’s practice areas and […]
Fortum Launches €800 Million Lawsuit Against Russia's Forward Energo Over Loan Defaults. Finnish energy company, Fortum has filed an €800 million lawsuit in a Dutch court against Russia's Forward Energo, over unpaid loans totaling €600 million. Most of these loans are overdue and have not been repaid, and the company has also failed to make […]
Deutsche Bank vs. Gazprom: A Landmark Ruling on Anti-Suit Injunctions In a significant legal development, a Russian court has ordered Deutsche Bank to halt its ICC (International Chamber of Commerce) claim against a Gazprom joint venture over construction delays at a gas processing facility. This ruling comes despite a recent decision by the UK Supreme […]
Disturbing Claims: Sean ‘Diddy’ Combs Accused of Assaulting Guest at Ciroc Party. Sean “Diddy” Combs is accused of assaulting a man at a recent Ciroc Vodka promotional event. In a lawsuit filed on October 20, the unnamed plaintiff claims he was invited to the party, where Combs allegedly exposed himself and grabbed the plaintiff’s genitals […]
Nigel Lythgoe Denies Paula Abdul’s Sexual Assault Allegations. American Idol's Nigel Lythgoe Fights Back: Producer, 75, Calls Paula Abdul's Shocking Assault Claims 'Appalling Lies' in Fierce Legal Battle! The allegations stem from Abdul’s “first amended complaint,” which was filed following her original lawsuit that focused on incidents involving her assistant in April 2015. The newly […]
Juul’s $300 Million Settlement: Thousands of Consumers Receiving Payments and Sharing Their Stories The much-anticipated Juul settlement, totaling $300 million, is finally rolling out payments to thousands of consumers across the U.S., marking the latest chapter in a series of legal battles for the embattled e-cigarette company. As recipients take to social media to share […]
A&O Shearman Transitions to All-Equity Partnership: What This Means for the Legal Landscape In a bold move that is shaking up the legal industry, A&O Shearman is shifting to an all-equity partnership model, implementing a three-tier modified lockstep system for partner remuneration. This transition comes as the firm integrates following its recent merger, marking a […]
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