AutoScout24 Finalizes Agreement to Acquire TRADER Corporation
Kirkland & Ellis advised Thoma Bravo and TRADER Corporation, operator of Canada’s leading online automotive marketplaces, on the sale of TRADER Corporation to AutoScout24, the leading pan-European online automotive marketplace. In conjunction with this acquisition, funds affiliated with existing majority shareholder Hellman & Friedman will make a meaningful incremental equity investment in AutoScout24. The transaction […]
Disney Agrees to Florida Wrongful Death Lawsuit to be Decided in Court
The Walt Disney Company has consented to allow a court to adjudicate a wrongful death lawsuit filed by a widower in Florida, after previously contending that the matter should be resolved through arbitration due to the man’s enrollment in a trial of the Disney+ streaming service in 2019. The lawsuit was initiated by the husband […]
The Top Richest Lawyers in the World
Who holds the title of the wealthiest lawyer globally? The legal profession is among the highest-paying careers. Nevertheless, certain attorneys have accumulated wealth that is beyond the imagination of the average person. Lawyer Monthly explores some of the top richest lawyers in the world and the means by which they have generated their substantial fortunes. […]
Arizona Proposition 139: Abortion Access Initiative to Appear on 2024 Ballot Amid Record Signature Count
Arizona Secretary of State Adrian Fontes has signed the paperwork to place the Arizona for Abortion Access Act on the ballot as Proposition 139. According to the Secretary of State’s office, the estimated total of valid signatures is 577,971, setting a new record. This record-setting signature count reflects the heightened public interest surrounding abortion rights […]
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Arizona Court Dismisses Complaint to Remove Controversial Tipped Workers Protection Act from November Ballot
On August 6, Maricopa County Superior Court Judge Peter Thompson dismissed a complaint filed by Raise the Wage AZ that sought to prevent the Tipped Workers Protection Act (SCR 1040) from appearing on the ballot this November. Holtzman Vogel partner Andrew Gould represented The Arizona Restaurant Association, and successfully argued that the proposition is not […]
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Euston Ventures Acquires Silex
Euston Ventures is an investment company focusing on acquiring specialty manufacturing, engineering and technical service businesses in the UK. They were supported in this acquisition by Shawbrook Bank with whom they have a pre-existing partnership with making them the best option for a financial partner. This was a seven-figure acquisition of Silex. Silex offer […]
MN Supreme Court Affirmed No Standing in Case Against the Re-Enfranchisement Act
On August 7, The Minnesota Supreme Court affirmed the district court’s ruling in Minnesota Voters Alliance, et al., Appellants, vs. Tom Hunt, et al. The tax payers along with the association to which they all belong, the Minnesota Voters Alliance, attempted to block the Re-Enfranchisement Act which was signed into law in 2023. The Court […]
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Elon Musk Takes on Unilever and Major Corporations in Federal Court:
A Legal Battle Over Advertising Revenue The Lawsuit This week, Elon Musk is back in the headlines for a bold legal move against multiple major corporations. Since acquiring the social media platform now called X in 2022, the platform’s advertising revenue plummeted by over 50% within the first year. Elon Musk is accusing these […]
American Bar Association releases its view of the growing use of generative artificial intelligence in law
The American Bar Association (ABA) has published its first ever formal opinion of the use of generative artificial intelligence (GAI) in legal practice as its influence increases. Formal Opinion 512, which has been created by the ABA’s Standing Committee on Ethics and Professional Responsibility, states that to ensure that all clients are protected then […]
Los Angeles limbering up for the 2028 Olympics with federal law boost
Legalities of hosting the Olympics In four years it will be Los Angeles’ turn for the third time to host the Olympic Games, and the city has secured a significant funding package of $900 million that has been signed into law. The Biden administration in March this year allowed the spending through the Bipartisan Infrastructure […]
ABA provide opinion on the use of AI in law
The use of AI in law The integration of generative AI within the legal industry offers substantial advantages for both lawyers and clients. By enhancing efficiency, AI significantly reduces the time required for tasks such as legal research, document drafting, and case analysis. This technological advancement allows lawyers to allocate more of their focus and […]
Summer Associates face low recruitment levels this year
Law Graduates struggling to find jobs Following last year’s noteworthy success, where summer associates achieved record-high employment rates and salaries, the landscape has shifted drastically this year. This year’s law student are experiencing significant challenged when it comes to job offers with law firms being much more conservative in recruitment. Data from NALP (National Association […]