Controversy

Dr. Kristina Shampanier Joins BRG's Economics & Damages Community

Retrieved on: 
Wednesday, March 20, 2024

CHICAGO, March 20, 2024 /PRNewswire/ -- Global expert services and consulting firm Berkeley Research Group (BRG) announced today that Dr. Kristina Shampanier has joined its Economics, Disputes & Investigations business line as a managing director in Los Angeles.

Key Points: 
  • CHICAGO, March 20, 2024 /PRNewswire/ -- Global expert services and consulting firm Berkeley Research Group (BRG) announced today that Dr. Kristina Shampanier has joined its Economics, Disputes & Investigations business line as a managing director in Los Angeles.
  • She has worked on class action, false advertisement, product defect, trademark, trade dress and patent infringement cases, as well as antitrust and healthcare matters.
  • "Kristina's advanced understanding of marketing research and economics enables the top-level research that today's high-stakes class actions demand," said Jeffery Stec , a BRG managing director, leader of BRG's Intellectual Property practice and co-leader of its Economics & Damages community.
  • "With deep trademark, class action and damages experience, BRG provides an excellent platform for my practice," said Dr. Shampanier.

Legal Entity Management Leaders Traact and Klea Join Forces to Provide Optimized Solutions on a Global Scale

Retrieved on: 
Friday, March 8, 2024

Today, successful Silicon Valley startup Traact , a cloud-based legal tech platform, announced a new strategic partnership with Klea , a Belgium-based leader in AI-enabled legal entity management.

Key Points: 
  • Today, successful Silicon Valley startup Traact , a cloud-based legal tech platform, announced a new strategic partnership with Klea , a Belgium-based leader in AI-enabled legal entity management.
  • View the full release here: https://www.businesswire.com/news/home/20240308016681/en/
    Traact and Klea are partnering to serve corporate legal and law firm clients on a global scale.
  • Their complementary solutions will enable clients to automate and streamline legal operations with the most modern technology advances and best customer service available today.
  • Initially, Traact and Klea will team up on business development endeavors while their technology platforms and service teams become more connected.

Former IRS Commissioner Charles Rettig Joins Chamberlain Hrdlicka

Retrieved on: 
Monday, March 4, 2024

ATLANTA and HOUSTON and SAN ANTONIO and PHILADELPHIA and LOS ANGELES, March 4, 2024 /PRNewswire/ -- Chamberlain Hrdlicka is pleased to welcome former IRS Commissioner Charles "Chuck" Rettig to the firm as a Shareholder.

Key Points: 
  • ATLANTA and HOUSTON and SAN ANTONIO and PHILADELPHIA and LOS ANGELES, March 4, 2024 /PRNewswire/ -- Chamberlain Hrdlicka is pleased to welcome former IRS Commissioner Charles "Chuck" Rettig to the firm as a Shareholder.
  • "To say we are honored to have Chuck Rettig join our firm would be an understatement," says Larry Campagna , Managing Shareholder at Chamberlain Hrdlicka.
  • "This move to Chamberlain Hrdlicka is a natural progression from my tenure as the IRS Commissioner," expressed Rettig.
  • Tom Cullinan , an Atlanta-based Shareholder, served as Counselor to the IRS Commissioner and then acting IRS Chief of Staff under Rettig.

Traact Officially Launches Its Comprehensive Tech-First Technology Platform for Corporate Legal and Law Firms

Retrieved on: 
Wednesday, November 8, 2023

Corporate legal and law firm clients alike will substantially benefit from Traact’s comprehensive non-siloed approach, enabling them to automate and streamline legal operations with the most modern technology advances available.

Key Points: 
  • Corporate legal and law firm clients alike will substantially benefit from Traact’s comprehensive non-siloed approach, enabling them to automate and streamline legal operations with the most modern technology advances available.
  • Led by brilliant engineers who previously worked for Uber, Google and Amazon, Traact smartly leverages state-of-the-art technology to achieve optimal business outcomes.
  • Poised for success, Traact has already attracted interest from dozens of clients, most of them enterprise corporate legal departments.
  • Traact is also discussing customized solutions with top law firms which can leverage the platform to manage their legal services.

Everlaw and Alvarez & Marsal Announce Strategic Partnership for Disputes and Investigations in the UK and European Union

Retrieved on: 
Wednesday, October 11, 2023

SAN FRANCISCO, Oct. 11, 2023 /PRNewswire/ -- Everlaw, the cloud-native investigation and litigation platform, today announced that it has entered into a strategic partnership with leading global professional services firm Alvarez & Marsal (A&M) to bring the Everlaw's platform to legal clients across the UK and European Union.

Key Points: 
  • "Everlaw is a fantastic addition to our toolkit in our Disputes and Investigations practice," said Phil Beckett, Managing Director, European and Middle East Practice Leader of A&M's Disputes and Investigations.
  • A&M's Disputes and Investigations practice supports clients through a range of increasingly data-heavy challenges – providing litigation support, meeting investigation needs and addressing regulatory issues.
  • "The A&M and Everlaw partnership delivers a powerful combination for European clients," said Rich Liu, chief revenue officer, Everlaw.
  • This news comes at Everlaw Summit held in San Francisco through Oct. 12 to showcase breakthroughs for the legal community.

RepRisk Data Empowers APG Asset Management’s First-of-Its-Kind Sustainable Real Estate Index Series

Retrieved on: 
Thursday, September 7, 2023

RepRisk, the leading ESG data science company, empowers the iSTOXX APG Real Estate CRREM-aligned Responsible Investment Index series launched today by APG Asset Management, one of the world’s largest pension investors with EUR 541 billion AUM, with its independent and AI-powered ESG risk data.

Key Points: 
  • RepRisk, the leading ESG data science company, empowers the iSTOXX APG Real Estate CRREM-aligned Responsible Investment Index series launched today by APG Asset Management, one of the world’s largest pension investors with EUR 541 billion AUM, with its independent and AI-powered ESG risk data.
  • Notably, the inclusion of RepRisk data adds sustainability dimensions to the index construction beyond climate and carbon considerations, encompassing also social and governance factors.
  • “Today's launch of our APG Real Estate CRREM-aligned RI Index strategy underlines our adherence to the highest ESG standards across the industry.
  • Through our partnership with RepRisk we can develop our client offering, to be more sustainable and, importantly, customized.”
    The iSTOXX APG Real Estate CRREM-aligned Responsible Investment Index, while passive, allows an active ESG component to customize sustainability criteria.

Stout Acquires Torrey Partners, Deepening Bench of Expert Consultants and Testifiers

Retrieved on: 
Tuesday, September 12, 2023

For decades, Torrey Partners has provided expert analysis and discovery assistance throughout all phases of litigation, primarily in the areas of business, economic, marital dissolution, and intellectual property disputes.

Key Points: 
  • For decades, Torrey Partners has provided expert analysis and discovery assistance throughout all phases of litigation, primarily in the areas of business, economic, marital dissolution, and intellectual property disputes.
  • Stout is pleased to welcome Torrey Partners' team of 25 professionals to the firm's Disputes, Claims, & Investigations group, bolstering the group's bench of expert testifiers and presence on the West Coast.
  • The Torrey Partners team is led by Managing Directors Dr. Patrick Kennedy, Brian Bergmark, and Michelle Mangan.
  • "By joining Stout, we will be able to leverage Stout's extensive disputes and investigations proficiency and resources, enabling us to strengthen our service offering.

San Juan Basin Royalty Trust Announces Settlement Agreement

Retrieved on: 
Thursday, September 7, 2023

PNC Bank, National Association, as the trustee (the “Trustee”) of the San Juan Basin Royalty Trust (the “Trust”) (NYSE: SJT), announced that an agreement between the Trustee and Hilcorp San Juan L.P. (“Hilcorp”), the owner of the Trust’s subject interests, will result in the payment of $1,037,093.45 to the Trust by Hilcorp to resolve the 2017-2020 Disputed Expenses exceptions and enter into an amendment to the Conveyance Agreement with respect to the expenses associated with the operator’s saltwater disposal facilities.

Key Points: 
  • PNC Bank, National Association, as the trustee (the “Trustee”) of the San Juan Basin Royalty Trust (the “Trust”) (NYSE: SJT), announced that an agreement between the Trustee and Hilcorp San Juan L.P. (“Hilcorp”), the owner of the Trust’s subject interests, will result in the payment of $1,037,093.45 to the Trust by Hilcorp to resolve the 2017-2020 Disputed Expenses exceptions and enter into an amendment to the Conveyance Agreement with respect to the expenses associated with the operator’s saltwater disposal facilities.
  • The Trustee engaged in extensive discussions with Hilcorp regarding these exceptions that culminated in Hilcorp’s agreement to pay the sum of $1,037,093.45, which includes the accumulated interest incurred as a result of the underpayment.
  • Therefore, on August 30, 2023, the Trust and Hilcorp entered into a Compromise and Settlement Agreement whereby Hilcorp would (i) pay the sum of $1,037,093.45 to resolve the 2017-2020 Disputed Expenses that resulted in the underpayment of royalties and (ii) enter into an amendment to the Conveyance Agreement with respect to the expenses associated with the operator’s saltwater disposal facilities.
  • The settlement amount includes the interest incurred over the time period of the underpayment.

Acclaro Medical Launches UltraClear Laser-Coring Treatment at 2023 International Dermatology Meetings

Retrieved on: 
Thursday, August 3, 2023

SMITHFIELD, R.I. , Aug. 3, 2023 /PRNewswire/ -- Acclaro Medical, an emerging leader in energy-based non-invasive, aesthetic medical devices, today announced the launch of UltraClear Laser-Coring, the first-of-its-kind laser to enable tissue coring to improve deep wrinkles, deep scars, and other age-related issues on all skin types with minimal discomfort and downtime. The newest UltraClear mode provides a breakthrough in collagen remodeling by combining fractional tissue coring and laser rejuvenation without scalpels or sutures in about 30 minutes.

Key Points: 
  • The newest UltraClear mode provides a breakthrough in collagen remodeling by combining fractional tissue coring and laser rejuvenation without scalpels or sutures in about 30 minutes.
  • Speaking at the 2023 AAD Innovation Academy, leading aesthetic dermatologist Dr. David Friedman will present his clinical journey to optimize UltraClear's dermal tissue coring using high-resolution vaporizing and heating effects to achieve fast collagen contraction and remarkable cosmetic outcomes.
  • He will also share an array of noteworthy patient before and after photos that demonstrate his expertise at tailoring UltraClear anti-aging treatments to individual patient needs and desires.
  • Earlier this summer, renowned laser dermatologist Dr. Paul Friedman, Houston, TX, introduced the fundamentals of UltraClear Laser-Coring technology to great acclaim during his Next Level Webinar.

Clarity AI: ESG Controversies Led to a 2% to 5% Stock Underperformance after Six Months

Retrieved on: 
Wednesday, July 12, 2023

ESG-related controversial incidents often receive significant attention from the media but the link between these controversies and actual stock performance isn’t always clear.

Key Points: 
  • ESG-related controversial incidents often receive significant attention from the media but the link between these controversies and actual stock performance isn’t always clear.
  • Analysis by Clarity AI , the global sustainability technology platform, tests the hypothesis that involvement in ESG Controversies is a valid predictor of corporate medium-term value loss.
  • The legal and regulatory consequences of such incidents can also be expensive and time-consuming to resolve, further damaging the company's reputation and market value.
  • In general, higher severity incidents led to larger deltas in company value when compared to lower severity cases.