Ken Feinberg Reveals Key Ingredients for Successful Mediations in Distressed Debt Cases

New York, USA – Ken Feinberg, known for his role as the Special Master of the Federal September 11 Victim Compensation Fund, shared his insights on the strategies for successful mediations in mass tort cases. Bloomberg Intelligence consultant, Negisa Balluku, interviewed Feinberg on the intersection of mass tort and Chapter 11 bankruptcies. During the conversation, Feinberg stressed the importance of establishing deadlines and ensuring that all relevant parties are present at the negotiation table. Drawing from his extensive experience in administering complex public crises, Feinberg emphasized the significance of these two factors in reaching successful … Read more

Colorado Introduces Bill to Safeguard Transgender and Non-Binary Rights, Filling Key Gap in Anti-Bias Laws

GRAND JUNCTION, Colo. – Colorado lawmakers have introduced a bill to strengthen protections for transgender and non-binary individuals within the state’s anti-bias and harassment laws. The proposed legislation, known as Senate Bill 189, aims to address a crucial gap in current statutes by explicitly targeting gender identity and expression as grounds for addressing harassment and intimidation. Supporters of the bill argue that it is a necessary step towards fostering inclusivity and countering anti-trans rhetoric. On April 1st, the bill will undergo its first committee hearing. The Gender-Related Bias-Motivated Crimes Bill, SB24-189, seeks to provide comprehensive … Read more

Utah Department of Wildlife Resources Announces Key Bills Passed in 2024 Legislative Session for Wildlife Management

SALT LAKE CITY — The 2024 General Legislative Session in Utah was marked by a flurry of activity in the realm of wildlife management. Several bills were passed and signed into law, focusing on various aspects of wildlife conservation and regulation. The Utah Department of Wildlife Resources (DWR) has compiled a list of key bills that it believes residents should be aware of. One such bill is H.B. 222, also known as “Wildlife Hunting Amendments.” This law introduces changes to wildlife-related rules, specifically addressing the amount of “hunter orange” attire that hunters are required to … Read more

Rainmaking Partners Embrace Forgivable Loans as Key Retention Tool Amidst Lateral Market Competition

New York City, NY – In today’s competitive legal market, law firms are resorting to forgivable loans as a retention strategy for their rainmaking partners. The use of such loans has gained prominence as firms aim to keep their top talent amidst the constant barrage of tempting offers from higher-paying competitors. Shearman & Sterling, a prominent global law firm, recently employed forgivable loans as a tool for partner retention during its negotiations with Allen & Overy. The firm utilized these loans to incentivize partners in key practice areas to remain with the firm, as per … Read more