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As protests against racism swept across the United States last summer, big law firms were forced to reckon with inequality and diversity in their own ranks. In the year since, many of them revamped their management to increase focus on diversity, including by adding a once-rare role in the industry: chief diversity officer.
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An Iranian-American businessman wants to sue U.S. law firm Dechert over allegations of hacking, seeking a London court's approval to add it as a defendant in a long-simmering dispute with the Ras Al Khaimah Investment Authority (RAKIA).
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Shearn Delamore is representing Malaysia's government and state fund 1Malaysia Development Berhad (1MDB) in a lawsuit seeking over $5.6 billion in damages from KPMG partners for alleged breaches and negligence linked to a corruption scandal at the fund.
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Cleary Gottlieb Steen & Hamilton and Assegaf Hamzah & Partners are advising airline Garuda Indonesia on its strategy after the flag carrier said it could not distribute coupon payments for its $500 million sukuk following a 14-day grace period.
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Dentons has become embroiled in a multi-front legal battle with former partner and longtime Big Law China practitioner Jinshu (John) Zhang, according to federal court documents filed this week, after Zhang and the global mega-firm clashed over client fees.
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Walmart Inc’s Flipkart and Amazon.com Inc have filed legal challenges against the resumption of an antitrust investigation into their business practices, according to sources and a legal filing viewed by Reuters.
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Top Glove Corporation’s plan to list in Hong Kong and raise up to $1 billion has been delayed as the world’s largest rubber glove maker seeks to resolve a U.S. import ban on its products, sources with direct knowledge of the matter said.
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Philippine authorities investigating the multi-billion dollar fraud at Germany’s Wirecard AG’s have filed criminal complaints against the payment firm’s former chief operating officer as well as others.
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Proxy adviser Glass Lewis has urged SoftBank Group Corp shareholders to oppose the election of corporate lawyer Ken Siegel to the board of directors due to his professional ties with the Japanese conglomerate.
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Thai Airways International's creditors have voted to approve the airline's restructuring plan, the flag carrier said on Wednesday, as it seeks to recover from financial problems suffered long before the coronavirus pandemic.