?? Weekly News Review
Global Legal Group
Informing Legal Minds | We are an independent London-based legal media company committed to delivering pivotal insights
Global Legal Group's newsletter cherry-picks the best of GLG’s four news strands from the past week, all produced by our team of in-house journalists.
This week's newsletter looks at the Delaware Supreme Court's decision to side with Teva Pharmaceuticals in its high-profile spat with a group of stockholders who accused the company of failing in its obligation to exercise “commercially reasonable efforts” (CRE) to develop a new drug to treat a chronic digestive disease, the High Court's judgment that a man registered as the father on a child’s birth certificate but subsequently discovered to have no biological connection does not have any parental rights, and a report published by UK cross-party law reform charity JUSTICE proposing a rights-based framework for the adoption of artificial intelligence.
CDR | Tiers for fears
Parties fearing hefty litigation costs are increasingly seeing the appeal of tiered dispute resolution clauses. But what happens when these clauses spark their own disputes?
Full article by Dippy Singh available here.
CDR | Second setback for Wirral Council claim
A proposed representative action for damages arising from a securities law breach has been rejected again in the Court of Appeal.
CDR | Pharmaceutical goliath victorious in “reasonable efforts” wrangle
The highest court in Delaware has upheld a ruling that pharmaceutical giant Teva had undertaken “commercially reasonable efforts” to develop a new drug.
Full article by Dippy Singh available here.
ICLG | High Court reinforces supremacy of biological parentage
Court rules that a man registered as the father on a child’s birth certificate but subsequently discovered to have no biological connection does not have any parental rights.
Full article by Rob Harkavy available here.
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ICLG | French authorities ramp up Binance probe
Fresh off the back of scrutiny in the US and Australia, regulatory pressure on the cryptocurrency exchange in France has now intensified.
Full article by Ella Fincken available here.
ICLG | Federal Aviation Administration facing class action over diversity hires
A class action filed years before last week’s fatal air crash in Washington, DC, could shed some light on President Trump’s unverified claims.
Full article by Rob Harkavy available here.
GLI | New AI rules proposed for UK legal sector
JUSTICE’s guidebook puts the pressure on developers and policy makers to place the rule of law and human rights at the very centre of legal AI applications.
Full article by Ella Fincken available here.
GLI | Investor to appeal biotech IPO ruling
Investor fails to kibosh US biotech company’s plans to go public and has vowed to appeal.
Full article by Rob Harkavy available here.
GLI | Linklaters lands Patterson Belknap quartet
The London-headquartered firm continues its US growth strategy with the addition of a four-strong litigation team in New York.
Full article by Ella Fincken available here.
ALB | ALN recruits top Ghanian firm
Africa Legal Network has expanded its West Africa presence with the addition of an Accra-headquartered firm.
Full article by Natasha Doris available here.
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3 周I absolutely love the Global Legal Group's newsletter! It's a fantastic way to stay updated on the most important stories across various legal sectors. Kudos to the in-house journalists for their dedication in curating such valuable insights. I highly recommend it to anyone looking to keep informed about key developments in the legal field!