HONG KONG, 4 June 2020: Proceedings have been filed in Omni Bridgeway Limited‘s, (ASX:OBL) first funded international arbitration in Hong Kong since the Special Administration Region amended its Arbitration Ordinance (Cap. 609) to permit third party funding (effective February 2019).
Eight hundred people lost their jobs when refinery Queensland Nickel became insolvent in 2016. Townsville, the locale of the refinery, found itself in financial peril after the collapse. Mayor Jenny Hill explains that the closure caused expansive economic and social issues that have still not been fully mitigated. The city claims to be owed $2.5 million by parent company QNI Metals.
Social inflation is a bit of a buzzword, used to describe a rising cost in insurance claims. Some say this is sour grapes from insurers who don’t want to pay out on pandemic-related policies. Others insist that social inflation is a real problem that, if left unchecked, can cause damage to the very concept of insurance.
MIAMI, June 2, 2020 /PRNewswire/ — Leste Group is pleased to announce that Rodrigo Machado has joined its team as Managing Director of US Real Estate. Mr. Machado joined in May 2020 and will be focused on further expanding Leste Group’s Real Estate investments business across the USA, in addition to overseeing Leste Group’s existing investments in the Multifamily, Single Family Homes for Rental, Hospitality and Healthcare sectors.
It’s normal for a plaintiff to think that after a long court process and a favorable judgment, the worst is behind them. However, not every losing defendant is going to comply as they should. So when it comes to securing judgments and awards, asset tracing is a crucial component.
TEL AVIV (June 2, 2020) – Leading U.S. litigation funder Validity Finance has opened its first international office, in Tel Aviv, recruiting prominent international-disputes lawyer Eli Schulman to head its Israel operations. Validity is the first U.S.-based funder to open an office in Israel.
NYU Law School’s Center on Civil Justice, creators of the first-of-its-k
Like much of the world, Canada is seeing an influx of insurance disputes connected to COVID-19. As more and more insurers insist that their business closure contracts don’t provide protections during a pandemic—businesses and private citizen alike are seeking access to justice.
