BSG Resources Ltd., a mining company controlled by Israel’s richest man, is prepared to use the law including international arbitration to prevent Guinea stripping it of one of the world’s most valuable iron-ore deposits.
A corruption probe into how a group run by Israel’s richest person secured rights to a Guinea iron ore project is set to spark interest from rival companies looking to swoop on one of the world’s most valuable deposits.
King & Spalding LLP recruited Australian arbitration and construction lawyer Peter Megens as a partner in the Singapore office starting in July. Megens was at King & Wood Mallesons in Melbourne, where he was co-head of the firm’s arbitration practice and a senior member of its construction team.
The New York International Arbitration Center will open its doors in late spring, the organization said in a statement. The center, founded with support from 33 law firms, aims to promote international arbitration in New York.
K&L Gates LLP and Australian firm Middletons agreed to combine as of Jan. 1. Middletons’ 300 lawyers in four Australian offices will bring the firm, which will continue to be known as K&L Gates, to 2,000 lawyers in 46 offices on five continents.
The Kentucky Supreme Court upheld the disbarment of famed class action lawyer Stanley Chesley, a partner at Waite Schneider Bayless & Chesley Co. in Cincinnati, for “unreasonable” fees received in the settlement of a class action. Under Ohio Rules of Professional Responsibility, the disbarment may provide grounds for disbarment in Ohio as well.
Ping An Insurance (Group) Co., China’s second-biggest insurer, said it’s seeking international arbitration after negotiations with the Belgian government for compensation on its investment losses in Fortis failed.