Motorsport UK’s David Richards Threatens Legal Action Against FIA
Motorsport UK’s David Richards Threatens Legal Action Against FIA. David Richards, chairman of Motorsport UK, has threatened to take legal action against the FIA, the world’s governing body for motorsport, over issues regarding governance and transparency under President Mohammed Ben Sulayem. Richards’ decision to escalate the matter follows a dispute after he and several other […]
Morgan Lewis Welcomes Jennifer Trock to Expand Aviation Practice
Morgan Lewis Welcomes Jennifer Trock to Expand Aviation Practice. Morgan Lewis has announced the addition of Jennifer Trock as a partner in its Washington, D.C. office, continuing the firm’s expansion in the global transportation and aviation sectors. Trock, who joins from Baker McKenzie, where she served as the chair of its global aviation group and […]
White & Case Advises SRC on US$5B Trust Certificates Issuance
White & Case Advises SRC on US$5B Trust Certificates Issuance. White & Case LLP has successfully advised Saudi Real Estate Refinance Company (SRC), a wholly-owned subsidiary of the Kingdom’s Public Investment Fund (PIF), on establishing a US$5 billion international trust certificate issuance programme. This strategic initiative is designed to support housing finance in Saudi Arabia […]
Linklaters Advises Asyad Shipping’s $332M IPO on MSX
Linklaters Advises Asyad Shipping’s $332M IPO on MSX. Linklaters has successfully advised Asyad Shipping Company SAOG—one of the world’s largest diversified maritime providers—on its Initial Public Offering (IPO) on the Muscat Stock Exchange (MSX). This IPO is a landmark event for both the company and Oman’s capital markets. The offering raised approximately OMR 128.1 million […]
The Law Offices of Frank R. Cruz Files Lawsuit Against Maravai LifeSciences Holdings, Inc.
The Law Offices of Frank R. Cruz Files Lawsuit Against Maravai LifeSciences Holdings, Inc. The Law Offices of Frank R. Cruz have filed a class action lawsuit in the United States District Court for the Southern District of California on behalf of investors who purchased securities of Maravai LifeSciences Holdings, Inc. (NASDAQ: MRVI) between August […]
Universal Credit Website Down: Thousands Affected by Outages
Universal Credit Website Down: Thousands Affected by Outages. The Universal Credit website has been down for several hours, leaving thousands of users unable to access important services. This outage, which started at around 5 a.m. today, is also affecting other government websites, including Gov.uk and HMRC. Impact of the Outage Users are reporting widespread issues […]
DLA Piper Welcomes Nat Edmonds as Partner in White Collar Practice
DLA Piper Welcomes Nat Edmonds as Partner in White Collar Practice. DLA Piper is excited to announce that Nat Edmonds has joined the firm as a partner in its White Collar, Investigations, and Government Enforcement Practice. Edmonds will be based in the firm’s Washington, DC office, further strengthening the firm’s capabilities in handling complex global […]
Kirkland & Ellis Advises Honeywell on $2.16B Sundyne Acquisition
Kirkland & Ellis Advises Honeywell on $2.16B Sundyne Acquisition. Honeywell (Nasdaq: HON) has announced its acquisition of Sundyne, a leader in the manufacturing of pumps and gas compressors for the process industries, in a $2.16 billion all-cash deal. The transaction, which is expected to close by Q2 2025, marks a significant step in Honeywell’s strategy […]
Elon Musk’s Lawsuit Against OpenAI CEO Sam Altman: Court Denies Injunction to Block For-Profit Shift
Elon Musk’s Lawsuit Against OpenAI CEO Sam Altman: Court Denies Injunction to Block For-Profit Shift. In a recent legal development, a federal judge has denied Elon Musk’s request for an injunction to block OpenAI’s transition from a nonprofit to a fully for-profit entity. This ruling is the latest chapter in a legal clash that pits […]
Judge Rules Trump’s Firing of Employee Appeals Board Chairman Illegal
Judge Rules Trump’s Firing of Employee Appeals Board Chairman Illegal. In a significant legal ruling, U.S. District Judge Rudolph Contreras has determined that President Donald Trump’s removal of Merit Systems Protection Board (MSPB) Chairman Cathy Harris was unlawful. The decision reinforces long-standing legal protections for independent agency officials and sets the stage for a potential […]
DraftKings Settles $10M Class-Action Lawsuit Over NFT Marketplace
DraftKings Settles $10M Class-Action Lawsuit Over NFT Marketplace. DraftKings has agreed to pay $10 million to settle a class-action lawsuit over its now-closed NFT marketplace. The lawsuit, led by investor Justin Dufoe, accused the gambling giant of selling unregistered securities in the form of NFTs. Federal Court Grants Preliminary Approval On February 28, U.S. District […]
Serbian Opposition Calls to Cancel Expo 2027 in Belgrade Over Corruption Concerns
Serbian Opposition Calls to Cancel Expo 2027 in Belgrade Over Corruption Concerns. Serbian opposition parties have formally requested the Bureau International des Expositions (BIE) cancel the planned Expo 2027 in Belgrade, citing significant concerns over potential corruption risks and financial mismanagement. The request was submitted by the People’s Movement of Serbia (NPS) and signed by […]