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Maine’s attorney general filed a lawsuit Tuesday against multiple large oil companies alleging negligence, nuisance, unfair trade practices, failure to warn and trespass as parens patriae. The complaint cited internal memoranda and communications within companies like BP demonstrate awareness of the consequences of climate change.
New York Governor Kathy Hochul signed a climate change bill into law empowering the state government to levy heavy fines on fossil fuel companies on Thursday. The post New York new climate law imposes billion dollar fines on fossil fuel companies appeared first on JURIST - News.
West Virginia Attorney General John McCuskey, and 21 other states, sued New York Thursday over a new law requiring fossil fuel companies to contribute seventy-five billion dollars to a fund to pay for damages caused by climate change. The leading plaintiff, West Virginia, is one of the leading producers of gas in the United States.
ETM is partly controlled by the partially state-owned Chinese company, Shenghe Resources (to the extent of 9 percent), and to a lesser extent by China Communications Construction Company (CCCC), which is also state-owned. The company announced its engagement with Bishop, in the capacity of a strategic advisor, in January this year.
Gartner, a company that delivers actionable, objective insight to executive and their teams, has positioned Evisort in the Visionaries Quadrant of the 2022 Gartner Magic Quadrant for Contract Life Cycle Management. A Visionary in the 2022 Gartner® Magic Quadrant™ for Contract Life Cycle Management.
There’s the obvious contingent of people who have been negatively impacted by insurance companies that see Luigi as a hero: about 60% of Americans have recently reported problems with their insurance companies. But it doesn’t stop there! You can reach him by email at cwilliams@abovethelaw.com and by tweet at @WritesForRent.
The post Company halts use of digital forensic tool in Serbia following misuse allegations by Amnesty International appeared first on JURIST - News. Protesters have called for the resignation and arrest of government officials, initially sparked by a fatal railway station collapse.
Previously, Blueprint support only English-language documents, while the company’s original rules-based platform supported 19 languages and is in use by legal professionals across 23 countries. Today’s news adds 59 languages […]
Your auto accident clients don’t realize that they have lost value in their vehicle because the insurance company covered their repairs and gave them a rental to drive until their vehicle was “brand new.” When they realize that loss in value is when they go to trade or sell their car.
The Department of Justice may be on the verge of seeking a break-up of Google in a bid to make it less dominant. ,,,,,strong>Renaud Foucart explains that if the government goes ahead and is successful in the courts, it could mean the company being split into separate entities – a search engine, an advertising company, a video website, a mapping app (..)
Knowable, a legal technology company specializing in helping organizations bring order and organization to their executed agreements, has announced Ask Knowable, a suite of generative AI-powered tools aimed at transforming how legal teams interact with and understand what is in their contracts.
And if KPMG gets its approval, the other three of the Big Four and other large accounting firms will likely follow suit, thus ensuring that Fortune 500 companies have better access to M&A tax advice. Steven Chung is a tax attorney in Los Angeles, California. He helps people with basic tax planning and resolve tax disputes.
Earlier this month, we told you about some of the perplexed responses in companies disclosures regarding the federal governments tariff policy. Just as tariff policy is contributing to hesitation in business decision making, its also giving companies pause in offering earnings guidance for 2025. trade policy on their forecasts.
We'll cover: 🔍 Finding everything in the public record: searching by asset identifiers and company names 📑 Key data required: legal status, family members, expiry dates, chain of title, and more 💻 Formats of preference: downloadable spreadsheets vs live links Ready to boost your research efficiency?
The Australian government on Monday unveiled a proposed competition scheme to introduce new laws that would allow global technology companies to be fined up to $50 million AUD for anti-competitive behavior and obstructing consumer choice.
In a never-ending game of cat and mouse, cybersecurity companies are using AI to help combat the worlds increasingly sophisticated cyberattacks. The post Law Firms Groaning at the Need to Incorporate Generative AI into Cybersecurity appeared first on Articles, Tips and Tech for Law Firms and Lawyers.
The report produced by the Ministry of Commerce noted that the FSR was unequally enforced against Chinese companies creating administrative burdens and increasingly compliance costs for Chinese companies compared to EU firms. The Ministry of Commerce claims that this contravenes WTO rules , to which both parties are bound.
The World Economic Forum (WEF) on Thursday urged companies worldwide to intensify efforts to prevent forced labor, a pervasive issue that continues to effect approximately 27.6 According to the WEF, addressing forced labor is an ethical obligation and presents tangible benefits for companies. million individuals, including 3.3
A Texas jury in a civil case has found that Consilio, which describes itself as “the global leader” in e-discovery, violated a Texas computer security criminal statute when it accessed the plaintiff’s computer without effective consent.
Shell appealed the decision, arguing that the District Court had overstepped its authority by imposing a global emissions reduction order on a single company. The ruling mandated that Shell reduce its total CO₂ emissions across all categories, including direct and indirect emissions from purchased energy and using its products.
The FDA denied applications from two companies—Triton Distribution and Vapetesia—to sell flavored liquids for use in e-cigarettes, also known as vapes. Authoring judge Andrew Oldham accused the FDA of sending vape companies on a “wild goose chase” and engaging in “regulatory switcheroos.”
The group contends that the FCA is legally required to block its application for listing on LSE because Shein failed to “explain company profits in light of proceeds of crime laws,” as required by the Modern Slavery Act.
He accused the company of making false statements to its shareholders regarding its involvement in fueling the violent attacks targeting the Rohingya people in 2017. Earlier this month, the company announced the end of its fact-checking programs, citing concerns about “over-censorship” on its platforms.
Human Rights Watch (HRW) said Monday that major digital labor companies misclassify gig workers as independent contractors in the US, avoiding employer responsibilities in providing labor rights. Companies in the study included Amazon Flex, DoorDash, Favor, Instacart, Lyft, Shipt, and Uber. billion and $10.72 billion and $10.72
Factor, a managed services company that describes itself as a provider of “integrated law” to corporate legal departments, has acquired Theory and Principle, a legal technology design and development agency, in a move intended to advance Factor’s strategic shift toward developing and delivering AI-first legal services.
And how are publicly traded companies viewing the escalating trade war? Overall, we discovered a steady increase over the last three years in companies SEC risk factor disclosures relating to the U.S.-China China Trade War: Rising Risks for Public Companies in its entirety from the Intelligize website. For the U.S.,
The US Department of Justice (DOJ) announced a lawsuit Tuesday against six corporate landlords and a software company accused of colluding to fix rent prices by sharing sensitive competitive information through the use of pricing algorithms. Greystar has and will conduct its business with the utmost integrity.
The list of sanctioned Russian individuals includes several corporate directors, such as Vladimir Artyakov, First Deputy General Director of Rostec State Corporation, Sergei Petrov, CEO and owner of PSV Technologies LLC, Pavel Marinychev, CEO of the diamond mining company Alrosa, and Ruslan Bulatov, General Director of LLC Testkomplekt.
The lack of consensus regarding the tariffs impact has prompted several publicly traded companies to revise or update their corporate guidance. Expect to see more companies following suit, according to JPMorgan Chase & Co. The post Companies Scramble to Account for Impact of Tariffs appeared first on Intelligize.
Environmental organization Greenpeace announced Tuesday that it reached a settlement with British oil and gas company Shell, which had sued the group over a protest. The group argued that such actions are vital to raising awareness about the environmental consequences of oil and gas production.
19 if its owner, ByteDance, does not sell it to a non-Chinese company”: Sapna Maheshwari of The New York Times has this report. “TikTok Faces U.S. Ban After Losing Bid to Overturn New Law; The law will ban the video app in the United States by Jan.
The post From Suffering To Thriving: Building Companies While Living With Mental Illness With Collin Williams appeared first on Above the Law. You can follow Olga on LinkedIn and Twitter @olgavmack.
“Supreme Court Seems Ready to Allow Securities Fraud Case Against Nvidia; The case, which is in an early stage, accused the giant technology company of misleading investors about its exposure to the cryptocurrency industry”: Adam Liptak of The New York Times has this report. ” The U.S.
The companies committed to maintaining the workers’ accommodation in hotels until their employment contracts were terminated. The companies are cooperating with authorities, including providing documents and housing details. BYD Brazil issued a statement announcing the termination of its contract with Jinjiang.
The GDPR applies to any companies operating and selling their products or services within the EU. France’s action against Apple could be the first of many against the company by EU countries, as this decision comes soon after the European Commission charged Apple with two violations of the Digital Markets Act earlier in March.
The Court of Appeal upheld the trial court’s decision, awarding Young and his company Nemex Enterprises $5 million in compensatory damages. They added that the company’s internal communications reflected “journalistic bravado” It displayed a genuine belief in their reporting.
Law firms Scott + Scott and Darrois Villey Maillot Brochier on Wednesday sued Facebook’s parent company, Meta, on behalf of France’s leading publishers over the tech giant’s allegedly unlawful business practices. The European Commission issued in 2024 a 797.72
US Department of Justice (DOJ) attorneys have asked a federal court in Texas to end a temporary pause on a case accusing Elon Musk’s tech company SpaceX of discriminating against immigrant job applicants.
The jury found that “NSO engaged in malice, oppression, or fraud in violating the California Comprehensive Data Access and Fraud Act” WhatsApp brought its complaint against NSO , an Israeli cybersecurity company, on October 29, 2019, in the District Court for the Northern District of California.
The Galix weapons system is jointly made by French companies Lacroix Defense and Nexter (now KNDS France). It also reiterated that companies, including Lacroix Defense and KNDS France, have a responsibility to respect human rights.
It does not, however, relieve the company and the governments of Brazil and Paraguay of their responsibility to provide comprehensive reparations to a people who have struggled for more than 40 years to reclaim their land.
” Here, the harm imposed by the Act is minimal because a standard company would spend approximately 90 minutes to complete the Act’s report. Finally, the government must prove that “the balance of equity weighs in favor of granting the stay.”
In describing McKinsey’s Chinese contracts, McKinsey’s Global Managing Partner testified under oath before Congress this year that the company never worked for the central government of the PRC.”
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