Latham & Watkins Advises Ares in Sale of Potomac Energy Center to Blackstone
Latham & Watkins Advises Ares in Sale of Potomac Energy Center to Blackstone. Blackstone Energy Transition Partners, a subsidiary of Blackstone, has entered into an agreement to purchase the Potomac Energy Center, a 774-megawatt natural gas power facility located in Loudoun County, Virginia, from Ares Management. In this major transaction, Latham & Watkins LLP represented […]
White & Case Advises €750M Notes Issuance for PKO Bank Polski S.A
White & Case Advises €750M Notes Issuance for PKO Bank Polski S.A. White & Case LLP has advised the joint bookrunners for the issuance of €750 million in 3.375% senior preferred notes, set to mature in 2028, by PKO Bank Polski S.A.. This transaction is a significant part of the bank’s €4 billion Euro Medium […]
Meta Ex-COO Sheryl Sandberg Sanctioned in Lawsuit for Deleting Emails
Meta Ex-COO Sheryl Sandberg Sanctioned in Lawsuit for Deleting Emails. Sheryl Sandberg, the former Chief Operating Officer of Meta Platforms, has been sanctioned in an investor lawsuit for deleting emails that were crucial to legal proceedings regarding Facebook’s Cambridge Analytica privacy scandal. On Tuesday, a Delaware Chancery Court judge imposed sanctions on Sandberg for deleting […]
Pfizer Settles for $60M Over Kickbacks Linked to Lady Gaga’s Migraine Drug
Pfizer Settles for $60M Over Kickbacks Linked to Lady Gaga’s Migraine Drug. Pfizer will pay nearly $60 million to settle allegations that Biohaven, a company it acquired, paid kickbacks to healthcare professionals to encourage them to prescribe its migraine drug Nurtec ODT, defrauding Medicare and other federal health programmes. The Justice Department announced on Friday […]
Rosewood Hotels appoints ex-Kempinski GC as VP for Legal
Rosewood Hotels appoints ex-Kempinski GC as VP for Legal. Rosewood Hotel Group has appointed Hadrian Beltrametti Walker, the former general counsel at Kempinski Hotels, as its new vice president for legal in the EMEA and Caribbean regions. Based in Amsterdam, Beltrametti Walker began his role in December, where he will oversee a range of legal […]
Disney+ Appoints Former Netflix Lawyer as EMEA Legal VP
Disney+ Appoints Former Netflix Lawyer as EMEA Legal VP. Streaming service Disney+ has appointed Deepti Burton as vice president for legal and business affairs for its EMEA (Europe, Middle East, and Africa) region, as reported by Broadcast Now. Burton joins Disney from Netflix, where she most recently held the role of head of business and […]
Tribunal Rules City Solicitor Did Not Lack Integrity Over Breathalyser Refusal
Tribunal Rules City Solicitor Did Not Lack Integrity Over Breathalyser Refusal. A City solicitor who was arrested after failing to provide a breath sample has been cleared of lacking integrity, a tribunal has ruled. James Rafferty, a solicitor at Baker McKenzie, was stopped in May 2023 after driving at speeds between 65mph and 90mph while […]
Former Jones Day Partner Quits DOGE Amid Legal Challenges
Former Jones Day Partner Quits DOGE Amid Legal Challenges. Bill McGinley has left his position at the “Department of Government Efficiency” (DOGE), as reported by the Wall Street Journal. The Republican election attorney is following in the footsteps of Vivek Ramaswamy, departing from the Elon Musk-led quasi-governmental agency. McGinley, who has an extensive background in […]
Perplexity AI Proposes TikTok Merger with 50% U.S. Government Stake
Perplexity AI Proposes TikTok Merger with 50% U.S. Government Stake. Perplexity AI has put forward a new proposal to TikTok’s parent company, ByteDance, suggesting a merger between Perplexity and TikTok’s U.S. business that would grant the U.S. government up to a 50% ownership stake in the resulting entity, according to an insider familiar with the […]
Donald Trump’s Threats Force Colombia to Back Down and Accept Deported Migrants from the US
Donald Trump’s Threats Force Colombia to Back Down and Accept Deported Migrants from the US. US President Donald Trump has emerged victorious in a standoff with Colombia after threatening a trade war when the country refused to accept deported migrants. Trump had warned of “urgent and decisive” retaliation, including imposing 25% emergency tariffs on Colombian […]
Oath Keepers Founder Stewart Rhodes Appears at Trump’s Las Vegas Rally After Prison Release
Oath Keepers Founder Stewart Rhodes Appears at Trump’s Las Vegas Rally After Prison Release. Stewart Rhodes, the founder of the far-right militia group Oath Keepers, made a notable appearance at President Donald Trump’s rally in Las Vegas this past Saturday, just days after being released from prison. Rhodes, whose 18-year sentence for his role in […]
LinkedIn Sued for Using Private DMs to Train AI
LinkedIn Sued for Using Private DMs to Train AI. A class-action lawsuit has been filed against LinkedIn, accusing the social networking giant of using private direct messages (DMs) to train its artificial intelligence (AI) models starting in August 2024, without obtaining explicit consent from its users. The legal action, filed Tuesday in the U.S. District […]