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Part 1: lawyers need uniform data if they are to make full use of generative AI
...Bernstein analyst Bruno Monteyne said that while the company’s legal arguments were in his view sound, the situation would remain uncertain for another 1-2 years....
...In the legal claim lodged in the High Court, Karonis’s holding company, WRL, challenged the conditions of JPMorgan’s option to buy Viva, which it stated “creates perverse incentives” for the bank to limit...
...Campaigners have long criticised the government over the lack of options for people fleeing war or political oppression to reach Britain, arguing that this has left many with no choice but to make dangerous...
...Uber said adjusted ebitda in the current quarter would be between $1.45bn and $1.53bn, in line with analysts’ estimates....
...Lawyers and restructuring specialists say Hong Kong’s legal framework for other debt restructuring options is lacking compared with financial jurisdictions such as London, New York and Singapore....
...That would remove HSM’s option to buy HSF’s portfolio. Doing so would risk triggering a legal dispute between the two sides....
...To compensate him for $160mn in options he gave up on leaving Expedia, Uber agreed that he would receive options over 1.75mn shares if the $120bn target was met and he stayed in post for five years....
...The “magic circle” law firm, which turned over £1.8bn in its most recent financial year, said on Friday it had increased base pay for new solicitors by 20 per cent from May 1....
...Carr said she was now “very interested in extending filming to a wider cohort”, citing the Commercial Court as one potential option....
...but to withdraw from “troublesome, damaging, and uncertain legal procedures”....
...The firm’s assets under management swell dramatically from about $1.5bn to more than $30bn....
...“As Nestlé has consistently failed to set out how it will shift the balance of its sales towards healthier food options, concerned investors have been left with no option but to bring forward a resolution...
...It warned that “the full amount of all claims, including cumulative interest, is approximately €1.3bn”....
...The remuneration changes will take effect from June 1, the firm said....
...Beer didn’t have a great 2023 in the US, with volumes down 1.7 per cent (probably a social good, but who cares about those?)....
...L&G posted an operating profit of £1.7bn, broadly flat on the previous year but below analysts’ consensus estimates....
...At the same time there is an equally hard-fought legal battle taking place off the court over the ownership of the team....
...It said over the weekend that it had hired Linklaters as its principal legal adviser and would “work with the creditors to explore all feasible options of offshore liability restructuring”....
...The official said the aim was to have “serious options on the table by the leaders summit in June”. The White House did not immediately respond to a request for comment....
...But there are options. A huge play on, say, JPMorgan Chase? Costco? Nestlé? It’s conceivable. Get rid of something big....
...The other options are to vote against it or abstain, moves that would severely undermine Sunak’s authority....
...Five more top stories 1....
...The government has so far invested £1.8bn in the qualification, which has been plagued by high dropout rates....
...Tighter regulation on both fronts is one option, though it would be unpopular with homegrown peers. Note that in the first quarter of the year, Meta spent a record $7.64mn on lobbying....
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