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General Industry News

Quinn Emanuel Hits Banks with New LIBOR Fraud Suit

Big banks have flat out admitted to regulators that they rigged LIBOR, but so far litigation over the global benchmark interest rate has been a major disappointment for investors. Quinn Emanuel Urquhart & Sullivan wants to turn things around. The firm joined the LIBOR battle for the first time on Monday, filing a complaint in New York on behalf of Salix Capital seeking $250 million in damages.

Can’t Live Without Your iPad? Neither Can We! On The Fly eDiscovery from Global EDD Group

According to the 2012 ABA Legal Technology Survey, nearly 30 percent of all litigators now use a tablet device in the courtroom and, according to a Business Insider survey, the Apple® iPad® has become the primary computer for many professionals.  The flexibility, portability, and accessibility of the iPad delivers is a great tool for litigators, but it’s really not [...]

International

King & Wood Mallesons Australia Managing Partner Resigns

King & Wood Mallesons Australia managing partner Tony O’Malley has resigned and will retire as the firm’s partner in December. A spokesperson for the firm would only say that O’Malley’s sudden resignation was the result of a “mutual agreement” and that the firm had formed a subcommittee to appoint a replacement.

Kenyan Justice Seeks to Modernize Country’s Courts

Willy Mutunga, the chief justice of Kenya’s court system, met with Chief Judge Jonathan Lippman of the New York Court of Appeals on Monday to trade ideas about judicial transparency and accountability as part of Mutunga’s push to modernize Kenya’s cour…

Eversheds Hires Beijing Managing Partner

London-based Eversheds has hired a managing partner and a special counsel for its new Beijing office. A specialist in energy-related transactions, Ingrid Zhu-Clark joins as Beijing office head from Morgan Lewis; she headed Dewey & LeBoeuf’s Beijing office for over a decade. Special counsel Jay Ze joins from Spanish law firm Uria Menendez.

King & Wood Mallesons Australia Managing Partner Resigns

King & Wood Mallesons Australia managing partner Tony O’Malley has resigned and will retire as the firm’s partner in December. A spokesperson for the firm would only say that O’Malley’s sudden resignation was the result of a “mutual agreement” and that the firm had formed a subcommittee to appoint a replacement.

Miami Beach ‘Bar Girl’ Scammer Gets 12 Years in Prison

A nightclub operator has been sentenced to 12 years in prison for a scam that used Russian and Eastern European “B-Girls” to lure wealthy tourists into secret bars where they were fleeced with bogus bills for alcohol and caviar.

Lebanese Banks Turn to Lobbying Powerhouses for Reputation Repair

When Lebanon’s bankers turned to DLA Piper and Patton Boggs for help last year, they hoped the firms could burnish the image of a $127 billion industry tainted by allegations of money laundering for terrorists and drug dealers. Instead, two Lebanese fi…

Law & Legal Practice

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