The United Arab Emirates (UAE) has recently withdrawn from a maritime coalition led by the United States, citing a comprehensive evaluation of its security requirements, according to a statement released by the UAE Ministry of Foreign Affairs. The decision, which reflects the UAE’s growing frustration with what it perceives as a lack of US efforts …
In a groundbreaking ruling that has sent ripples through the legal landscape of arbitration law and practice, the Dubai Court of Cassation has shed light on the enforceability of assignments of arbitration clauses. Rendered on March 30, 2023, the verdict in Dubai Court of Cassation 1603/2022 (Commercial) has provided much-needed clarity on the interpretation of …
In a recent report by LexisNexis CounselLink, it has been revealed that partner billing rates in the realm of Biglaw have witnessed a remarkable surge within certain practice areas. Notably, in the year 2022, one practice area stood out with the highest percentage increase in partner billing rates. While the overall average partner billable rate …
Biglaw Partner Billing Rates Experience Soaring Surge in Specific Practice Area Read More »
In a significant move to regulate anti-competitive practices by major technology companies, a government-appointed inter-ministerial panel is in the final stages of preparing a draft digital competition law. Sources familiar with the matter have revealed that the high-powered panel, led by the Secretary of the Ministry of Corporate Affairs, is set to give final touches …
In a bid to preserve the integrity and independence of the judiciary, the Bombay Lawyers Association has filed a public interest litigation (PIL) petition with the Supreme Court of India, seeking a mandatory “cooling-off” period of two years before retired judges can accept political appointments. The petition, which aims to safeguard the democratic principles and …
A high-powered inter-ministerial panel appointed by the Indian government is nearing completion of a draft digital competition law aimed at regulating anti-competitive practices of major technology companies. Sources familiar with the matter have revealed that the panel, led by the Secretary of the Ministry of Corporate Affairs, is expected to add the finishing touches to …
NEW YORK—In a significant legal victory, prestigious global law firm DLA Piper successfully thwarted a $180 million legal malpractice lawsuit leveled against them by their former client, Link Motion Inc. The case, dismissed by U.S. District Judge Victor Marrero in Manhattan, was deemed untimely due to the expiration of the three-year statute of limitations on …
DLA Piper Emerges Victorious as $180 Million Malpractice Lawsuit Gets Dismissed Read More »
The U.S. Department of Justice has launched an investigation into a California refinery owned by PBF Energy Inc, focusing on a November emissions release that occurred last year. PBF Energy’s Martinez refinery, located on an expansive 860-acre site, was found to have emitted a “powdery substance” consisting of spent catalysts used in the refining process. …
U.S. Justice Department Investigates California Refinery Over Emissions Violation Read More »
A momentous decision unfolded in the Texas House on Saturday as Attorney General Ken Paxton, a prominent conservative figure and close ally of former President Donald Trump, faced impeachment proceedings. Paxton, who has been accused by fellow Republicans of abusing his office, was met with a resounding vote of 121-23 in favor of impeachment, marking …
Texas House Impeaches Attorney General Ken Paxton Over Abuse of Office Allegations Read More »
Mortgage lending in Saudi Arabia, a crucial component of the kingdom’s private sector bank credit, hit a record low in April 2023 due to rising interest rates that have discouraged potential home buyers. According to data released by the Saudi Central Bank (SAMA) on Sunday, residential mortgage loans provided by commercial banks dropped to 4.1 …
Mortgage Lending in Saudi Arabia Plummets as Interest Rate Hikes Deter Buyers Read More »
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