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Fiduciaries Fail to Stop Class Action Over Fees for Retirement, Health Plans

Retirement, Health Plans Fiduciary Fails to Stop Class Action Over Fees | Texas Lawyer Page Printed From: https://www.law.com/texaslawyer/2024/07/16/fiduciaries-fail-to-stop-class-action-over-fees-for-retirement-health-plans/ Retirement funds graphic Credit: Adobe Stock The trial court did not abuse its discretion in certifying the class action, but on remand should allow non-party potential plaintiffs to opt out, the U.S.…

Dentons Firm in Kenya Elects First Female Managing Partner

Dentons’ member firm in Kenya, Hamilton Harrison & Mathews, has announced the election of Sigee Koech as its new managing partner, effective July 15. Koech, a banking and finance partner, takes over from Adil Khawaja, who has served in the position since 2013 and oversaw the firm’s combination with Dentons.…

Navigating Local Hurdles: Challenges Facing Cannabis Applicants in New Jersey

New Jersey’s Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Act (CREAMMA) allows for the sale, consumption, and possession of cannabis and cannabis products for individuals aged 21 and older. CREAMMA authorized municipalities to prohibit various cannabis uses by enacting ordinances within 180 days of the act’s effective date of Feb.…

Belgian AI Startup LegalFly Secures .3 Million In Series A, Keeps the Legal Tech Funding Streak Hot

LegalFly, a one-year-old Belgian startup, announced on Monday that it had secured €15 million ($16.3 million) in a Series A funding round. The round was led by Notion Capital, with participation from Redalpine and Fortino Capital, and is meant to expand LegalFly’s generative AI-powered offerings focused on corporate legal teams and legal services, according to the…

Legal Cannabis in New Jersey—Core Developments and What to Expect Next

New Jersey ventured into cannabis at the insistence of the public. The public voted overwhelmingly in favor of allowing adult use cannabis in New Jersey. Specifically voters shouted that they were in favor of a constitutional amendment “to legalize a controlled form of marijuana called “cannabis.” In order to implement…