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Simmons Reels in Salmon Price-Fixing Class Action Mandate

Simmons & Simmons is leading a class action claim filed in the U.K.’s competition appeal tribunal (CAT) which alleges that a number of major Atlantic salmon producers artificially inflated their prices. The claim is funded by Erso Capital, and seeks up to £382 million from six defendants. The class representative…

Simmons, Reed Smith Secure Lead Roles In Masdar’s €3.2B Renewable Energy Deal

Simmons & Simmons and Reed Smith have secured lead roles in Abu Dhabi-based Masdar’s €3.2 billion acquisition of Greek renewable energy company Terna Energy. The Emirati state-owned renewable energy company Masdar has turned to Simmons for counsel. The team is led by London-based corporate partner Raghav Ghai and energy and infrastructure of counsel Corinne Noel, the…

Massachusetts Supreme Judicial Court Rules on Prompt Pay Act for First Time

A divided Massachusetts Supreme Judicial Court issued an opinion of first impression on the state’s Prompt Pay Act Monday, with the majority determining that the legislation can prevent a general contractor from bringing an affirmative defense against a subcontractor’s breach of contact claim if the general contactor failed to pay the subcontractor’s invoices.…

The ‘McKinsey’ of Law Firms in Asia. What’s in a Name?

I recently had a conversation with an international law firm partner who said he thinks the legal industry is at least 30 years behind other professional service providers in that no true global leaders dominate the legal realm. He went on to elaborate that when a company hires an elite…