Business is war.
Planet Fitness appointed Sarah Powell as general counsel to replace Justin Vartanian, who departed in June after 11 years with the fitness operator. Powell arrives from GoTo Foods, where she served as general counsel for the parent company of Cinnabon and Schlotzsky’s. She will join the executive leadership team on Nov. 17 and report to…
The Commercial Litigators’ Forum will hold an Oxford Union-style debate on Thursday to examine whether Britain’s cost-shifting system in commercial lawsuits requires reform to expand legal access. Commercial Court judge Mr Justice Picken will moderate the session at White & Case’s London offices, as attorneys examine the loser-pays principle that underpins the current framework. Charlotte…
Two lawyers left Mishcon de Reya to establish Three Points Law, a London firm serving sports, technology and commercial clients. Simon Leaf, who led sports practice and co-directed technology transactions at Mishcon, partnered with former legal director Tom Murray to create what they describe as a tech-focused alternative to conventional firms. The practice integrates artificial…
NuScale Power Corporation appointed James Canafax as chief legal officer three months after Shahram Ghasemian assumed the position, and Canafax later resigned to pursue other opportunities. Canafax previously served as general counsel and chief compliance officer at Maritime Partners and brings nuclear industry expertise to the Oregon-based small modular reactor developer. The executive will oversee…
Britain could gain up to 24 billion pounds annually if collective legal actions effectively deter anti-competitive business practices, but the system faces mounting obstacles that risk undermining its purpose, according to a new report from Stephenson Harwood. The law firm discovered that cases filed with the Competition Appeal Tribunal dropped sharply from 17 in 2023…
Gold declined on India’s Multi-Commodity Exchange on Monday as the dollar strengthened and officials from Washington and Beijing moved closer to a trade agreement. Prices dropped 0.88 percent to 1,22,363 rupees per 10 grams while silver fell 0.77 percent to 1,46,340 rupees per kilogram. Spot gold decreased 0.7 percent to $4,082.77 per ounce in international…
Lenskart will begin accepting retail investor applications on Friday for its 7,278 crore rupee initial public offering, valued at 72,719 crore rupees. The eyewear retailer backed by SoftBank, Kedaara Capital and Temasek received a 90 crore rupee investment from Radhakishan Damani ahead of the share sale. Anchor investors can subscribe on Thursday at prices between…
Several Indian companies are in the spotlight on Monday as they prepare to announce second-quarter earnings. Indus Towers, Indian Oil Corporation, Adani Energy Solutions, Kaffin Technologies and Mazagon Dock Shipbuilders will report financial results that may affect share prices. Reliance Industries examines how fresh sanctions from the European Union, Britain and the United States affect…
India’s securities regulator wants mutual fund companies to complete investor verification before accepting money. The Securities and Exchange Board of India released plans requiring full identity checks through authorized agencies before any transactions can proceed. Asset managers must send documents to registration agencies for approval and wait for confirmation before investors can deposit funds. Investors…
Two major Indian banks plan to deploy artificial intelligence systems to combat surging digital payment fraud after losses reached 36,014 crore rupees in 2024, three times the previous year’s total. State Bank of India and Bank of Baroda will each invest 10 crore rupees to create the Indian Digital Payment Intelligence Corporation, with 12 other…
