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HSF, Gilbert + Tobin Act on .4B KKR Australian Buyout

Australia’s Gilbert + Tobin is advising private equity giant Kohlberg Kravis Roberts & Co (KKR) on its $1.4 billion plan to buy Australian fund manager Perpetual, which is being advised by Herbert Smith Freehills. Under the $1.4 billion deal, KKR will take corporate trust and wealth management operations, as well…

Dominant Dubai: Fresh Data Shows Most Middle East Lawyers are Based in the City

The most remarkable statistic to emerge from Law.com International’s research into the Top 30 law firms in the Middle East is that 60% of lawyers choose to make Dubai their home. A ringing endorsement of the emirate’s positioning as a global hub, this underlines the potency of Dubai’s international financial…

Are Climate-Change Lawsuits the Next Tobacco Litigation? Suits Spiking

A report by Standard & Poor’s Global Ratings looks at whether climate change litigation will impact oil and gas companies in the same way earlier rounds of lawsuits had on the tobacco, asbestos and opioids industries. Litigation over climate change has quadrupled over the past decade, rising to about 2,410 cases by 2023…

Strategy in Combating ‘Victim-Shaming’ Leads to M Florida Jury Award

A South Florida attorney said the “victim-shaming” strategy the United States Tennis Association allegedly used throughout a federal district court trial in Orlando was key to jurors returning a $9 million award to a once-rising tennis prospect, who was allegedly sexually assaulted by one of the organization’s coaches at its…

Law Firm Profit in Peril as Receiver Seeks Disgorgement

Austin-based Reid Collins & Tsai, as counsel to a federal receiver, prevailed over defendant-law firm Morris, Manning & Martin’s motion to dismiss a legal malpractice suit in South Carolina federal court. Counsel for Atlanta-based Morris Manning argued the statute of limitations bars the bankruptcy receiver’s effort to disgorge the law firm’s…