Featured Stories
Ruth Zadikany Named a 2026 "Top Labor & Employment Lawyer" by Daily Journal
CHICAGO, Illinois, July 3 [Category: BizLaw/Legal] -- Mayer Brown, a law firm, issued the following news:
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Ruth Zadikany named a 2026 "Top Labor & Employment Lawyer" by Daily Journal
LOS ANGELES - Mayer Brown partner Ruth Zadikany has been selected as a 2026 "Top Labor & Employment Lawyer" by Daily Journal. The annual list recognizes California's top lawyers who have made significant contributions to labor and employment law through notable wins, career achievements, and thought leadership.
As co-leader of Mayer Brown's US Employment Litigation and Counseling Group in the firm's Los Angeles
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CHICAGO, Illinois, July 3 [Category: BizLaw/Legal] -- Mayer Brown, a law firm, issued the following news:
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Ruth Zadikany named a 2026 "Top Labor & Employment Lawyer" by Daily Journal
LOS ANGELES - Mayer Brown partner Ruth Zadikany has been selected as a 2026 "Top Labor & Employment Lawyer" by Daily Journal. The annual list recognizes California's top lawyers who have made significant contributions to labor and employment law through notable wins, career achievements, and thought leadership.
As co-leader of Mayer Brown's US Employment Litigation and Counseling Group in the firm's Los Angelesoffice, Ruth focuses her practice on representing clients across a broad spectrum of labor and employment matters, as well as other high-stakes, complex litigation.
Her recent successes include her role as lead counsel for Avantor after being retained just seven weeks before trial in a multimillion-dollar non-compete dispute, where she secured a complete defense victory following a multi-day bench trial.
She also secured dismissals of all nine causes of action and denial of FLSA collective certification for a Frontier Communications subsidiary, as well as dismissal with prejudice of gender discrimination, wrongful termination, and unpaid commissions claims for Fundraise Up, underscoring her ability to defeat complex employment claims across trial, class, collective, and individual litigation.
Read Ruth's profile in Daily Journal here (https://www.dailyjournal.com/special_reports?report_type=Labor+%26+Employment).
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Original text here: https://www.mayerbrown.com/en/news/2026/07/ruth-zadikany-named-a-2026-top-labor-employment-lawyer-by-daily-journal
Pillsbury Secures Rare Dismissal in High-Profile Federal Bribery Case
NEW YORK, July 3 -- Pillsbury, a law firm, issued the following news release on July 2, 2026:
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Pillsbury Secures Rare Dismissal in High-Profile Federal Bribery Case
On June 30, a U.S. district court judge in San Diego issued an order dismissing all charges in a long-running federal case against Pillsbury clients Cask Technologies and Mark Larsen, a former Cask executive. The indictment that has now been dismissed had falsely alleged that a U.S. Navy official, who had previously pled guilty to taking bribes from two unrelated government contractors in return for steering contracts to them,
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NEW YORK, July 3 -- Pillsbury, a law firm, issued the following news release on July 2, 2026:
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Pillsbury Secures Rare Dismissal in High-Profile Federal Bribery Case
On June 30, a U.S. district court judge in San Diego issued an order dismissing all charges in a long-running federal case against Pillsbury clients Cask Technologies and Mark Larsen, a former Cask executive. The indictment that has now been dismissed had falsely alleged that a U.S. Navy official, who had previously pled guilty to taking bribes from two unrelated government contractors in return for steering contracts to them,had also accepted bribes from Cask and Larsen.
A multi-disciplinary Pillsbury team led by Aaron Dyer, a former federal prosecutor and the co-leader of the firm's Corporate Investigations and White Collar Defense practice, represented Cask Technologies and Larsen in the rare dismissal of a federal criminal case.
Following the filing of the order for dismissal, Dyer stated: "We are very pleased that the government has decided to dismiss all charges against Cask Technologies and Mark Larsen, and that we have finally been able to clear their names. It is incredibly rare in a federal white-collar prosecution for the government to voluntarily dismiss a criminal indictment by a grand jury and even more rare for the government to admit a failure of proof even before trial or pretrial motions. We are grateful to the U.S. Attorney's Office for following up on the evidence we provided and confirming that the former Cask employees identified in the indictment had provided false information implicating Mr. Larsen. Their additional investigation confirmed that those employees had falsely denied working for and receiving payments from Cask's competitors while employed by Cask; had concealed their own dealings with government employees who pleaded guilty to taking bribes; and had falsely claimed that Mr. Larsen and Cask knew about their misconduct. For nearly seven years, our clients lived under the cloud of false accusations by government witnesses. The dismissal of these charges is the culmination of years of strategic effort by our team, and the only just outcome."
This case began in 2019 when federal agents served search warrants and subpoenas on Cask's offices in San Diego and Virginia based on now disproved allegations that Cask had bribed two government contracting officers to get them to award contracts from the Navy and other government entities.
In addition to Dyer, the Pillsbury team was led by Ronald Cheng, Adam Goldberg and Jeffrey Izant of the Corporate Investigations and White Collar Defense practice; and Richard Oliver of the Government Contracts practice.
The case was United States v. Cask Technologies LLC and Mark Larsen, U.S. District Court for the Southern District of California, 3:24-cr-02111.
To read more, see here (https://pillsburylaw.cloudimanage.com/work/web/dialogs/link/d/DMS_US!110421040.1).
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Original text here: https://www.pillsburylaw.com/en/news-and-insights/pillsbury-secures-dismissal-in-federal-bribery-case.html
[Category: BizLaw/Legal]
National Legal Aid & Defender Association Again Honors Dechert for Pro Bono Commitment
PHILADELPHIA, Pennsylvania, July 3 -- Dechert, a law firm, issued the following news:
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National Legal Aid & Defender Association Again Honors Dechert for Pro Bono Commitment
Dechert has again been recognized for its pro bono work by the National Legal Aid & Defender Association in its 2026 Beacon of Justice Awards, which recognize law firms for extraordinary pro bono achievements.
This year, the NLADA highlighted firms for their commitment to protecting democracy and civil rights, with an emphasis on issues including freedom of speech, immigration, domestic violence and dismantling systemic
... Show Full Article
PHILADELPHIA, Pennsylvania, July 3 -- Dechert, a law firm, issued the following news:
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National Legal Aid & Defender Association Again Honors Dechert for Pro Bono Commitment
Dechert has again been recognized for its pro bono work by the National Legal Aid & Defender Association in its 2026 Beacon of Justice Awards, which recognize law firms for extraordinary pro bono achievements.
This year, the NLADA highlighted firms for their commitment to protecting democracy and civil rights, with an emphasis on issues including freedom of speech, immigration, domestic violence and dismantling systemicbarriers to justice.
Dechert remains committed to pro bono work and advancing access to justice. In 2025, the firm was ranked among the top 10 globally for pro bono by The American Lawyer and named the National Law Journal's Community Impact Leader.
This year, the firm helped secure the release of Belarusian journalist Igor Losik, who had been detained since 2020 after being accused of "violating public order" ahead of an election. Working with Freedom Now, Dechert supported a petition to the U.N. Working Group on Arbitrary Detention, which found his imprisonment violated international law. Mr. Losik was released in 2025 as part of a mass amnesty of political prisoners.
Dechert also secured a significant settlement for four immigrant women who were subjected to labor trafficking in a debt-bondage scheme in the United States. After five years of litigation, the firm obtained a rarely granted "Doe" motion allowing the women to proceed under pseudonyms and won a key attachment motion preventing the defendant from transferring assets.
To learn more about Dechert's pro bono practice, click here (https://www.dechert.com/about/pro-bono-new.html).
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About Dechert
Dechert is the law firm that helps business leaders lead.
For more than 150 years, we have advised clients on critical issues - from high-stakes litigation to first-in-market transaction structures and complex regulatory matters. Our lawyers in commercial centers worldwide are immersed in the key sectors we serve - financial services, private capital, real estate, life sciences and technology.
Dechert delivers unwavering partnership so our clients can achieve unprecedented results.
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Original text here: https://www.dechert.com/knowledge/news/2026/7/national-legal-aid---defender-association-again-honors-dechert-f.html
[Category: BizLaw/Legal]
Hughes Hubbard & Reed: Chris Gartman Discusses Evolving Creditor-On-Creditor Disputes
NEW YORK, July 3 -- Hughes Hubbard and Reed, a law firm, issued the following news:
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Chris Gartman Discusses Evolving Creditor-on-Creditor Disputes
Borrowers and private equity sponsors continue to develop new tools to avoid bankruptcy.
Highlights
* Creditor-on-creditor disputes and liability management exercises continue to evolve as borrowers and sponsors look to avoid bankruptcy.
* More challenges to liability management exercises are proceeding past the motion-to-dismiss stage.
* Liability management exercises are leading to more investigations, both internal by companies appointing
... Show Full Article
NEW YORK, July 3 -- Hughes Hubbard and Reed, a law firm, issued the following news:
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Chris Gartman Discusses Evolving Creditor-on-Creditor Disputes
Borrowers and private equity sponsors continue to develop new tools to avoid bankruptcy.
Highlights
* Creditor-on-creditor disputes and liability management exercises continue to evolve as borrowers and sponsors look to avoid bankruptcy.
* More challenges to liability management exercises are proceeding past the motion-to-dismiss stage.
* Liability management exercises are leading to more investigations, both internal by companies appointingindependent committees to conduct investigations and by examiners appointed by courts to probe disputed transactions.
* Gartman notes a growing shift toward pro-rata liability management exercises.
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Chris Gartman discussed the constant evolution of creditor-on-creditor disputes and liability management exercises (LMEs) with Alternative Credit Investor.
Gartman noted that borrowers and private equity sponsors continue to develop new tools to avoid bankruptcy, driving constant change in the market, but that those using LMEs often end up in bankruptcy anyway. Given the complexity and constantly changing dynamics in LMEs, it is critical to have counsel that is well versed in these transactions. "You need to make sure that you're tracking everything. The deal documents, the litigation element, the courts and the judges that are issuing those decisions," Gartman said.
Whether before or after bankruptcy, LMEs are leading to significant litigation. According to Gartman, one trend is that lenders are buying in after a LME has closed, and then pursuing litigation.
He further observed that more cases are proceeding past the motion-to-dismiss stage. Investigations by independent committees of a borrower's board of directors and/or a creditors' committee are also becoming more common, and bankruptcy courts are increasingly appointing examiners to probe these transactions.
Gartman also noted an increasing shift to pro-rata transactions.
"That means that most or all the lenders are participating in the LME," he said. "A lot of the litigation that has been pursued to date has been about non-pro-rata deals because we're talking about deals that were done several years ago that are now being challenged. But I think that there's less of an appetite for mass litigation so there is more of a shift."
Read the article (https://alternativecreditinvestor.com/2026/07/01/creditor-on-creditor-violence-heats-up-as-lenders-weaponise-co-ops/).
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Featured Lawyers
Chris Gartman
Partner
Locations
New York
chris.gartman@hugheshubbard.com
+1 (212) 837-6350
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Original text here: https://www.hugheshubbard.com/news-insights/insights/chris-gartman-discusses-evolving-creditor-on-creditor-disputes
[Category: BizLaw/Legal]
Greenberg Traurig Advised Sanoma and Nowa Era on the Acquisition of Fluentbe
MIAMI, Florida, July 3 [Category: BizLaw/Legal] -- Greenberg Traurig, a law firm, issued the following news release:
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Greenberg Traurig Advised Sanoma and Nowa Era on the Acquisition of Fluentbe
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WARSAW - 3 June 2026 - Greenberg Traurig advised Sanoma and Nowa Era on the acquisition of Fluentbe, a Polish AI-powered online language-learning platform. Fluentbe will develop its business within VULCAN, a company that is part of the Nowa Era Group.
The acquisition is part of Sanoma's broader strategy to grow its K12 learning business, including by broadening its product offering and further
... Show Full Article
MIAMI, Florida, July 3 [Category: BizLaw/Legal] -- Greenberg Traurig, a law firm, issued the following news release:
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Greenberg Traurig Advised Sanoma and Nowa Era on the Acquisition of Fluentbe
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WARSAW - 3 June 2026 - Greenberg Traurig advised Sanoma and Nowa Era on the acquisition of Fluentbe, a Polish AI-powered online language-learning platform. Fluentbe will develop its business within VULCAN, a company that is part of the Nowa Era Group.
The acquisition is part of Sanoma's broader strategy to grow its K12 learning business, including by broadening its product offering and furtherdeveloping educational AI. The acquisition gives Sanoma Learning an entry into the fast-growing Polish tutoring market and allows Fluentbe's offering to be combined with Sanoma Learning's local K12 expertise, strong brands and the base of more than 2 million digital users of the Nowa Era and VULCAN platforms in Poland.
The Greenberg Traurig team was led by Counsel Agata del Rosal-Izyk, who advised on the transactional and corporate aspects and W&I insurance, and was supported by Associates Natalia Potrubacz and Piotr Brzostek. Counsel Natalia Wolkowycka and Senior Associate Michal Zabost advised on the new management incentive plan. Deputy Managing Partner Michal Fereniec and Senior Associate Jakub Baczuk were responsible for the IP/IT aspects and AI Act readiness.
The due diligence team included Michal Fereniec, Agata del Rosal-Izyk, Jakub Baczuk, Pawel Fortuna, Bruno Jasic, Aleksandra Kochanska, Weronika Kopec, Dominik Kwiatkowski, Natalia Potrubacz, and Michal Zabost.
Fluentbe is one of the most innovative educational platforms in Poland. The platform combines advanced AI technology with its own teaching methodology and proprietary learning materials. It serves more than 400,000 students and works with over 600 active tutors. Fluentbe was the first platform in Poland to introduce an AI-powered language instructor.
Sanoma is a European learning and media company, one of the global leaders in K12 education and the leading consumer media company in Finland, with shares listed on Nasdaq Helsinki.
Nowa Era Group is the largest educational publisher in Poland, offering comprehensive solutions across all educational stages and subjects, and is part of the Sanoma group.
VULCAN is one of the leaders in the educational technology market in Poland. For over 38 years, it has been developing digital solutions that support the operation of schools, local authorities and other educational institutions.
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Original text here: https://www.gtlaw.com/en/news/2026/07/press-releases/greenberg-traurig-advised-sanoma-and-nowa-era-on-the-acquisition-of-fluentbe
Ashurst Perkins Coie advises African Development Bank on Egypt's inaugural sustainability Samurai bond
SEATTLE, Washington, July 3 [Category: BizLaw/Legal] -- Ashurst Perkins Coie, a law firm, issued the following news:
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Ashurst Perkins Coie advises African Development Bank on Egypt's inaugural sustainability Samurai bond
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Global law firm Ashurst Perkins Coie has advised longstanding client the African Development Bank (AfDB) on a partial credit guarantee supporting the Arab Republic of Egypt's third Samurai bond issuance, comprising two tranches with an aggregate principal amount of 80 billion Japanese yen (approximately US$500 million). The issuance consisted of a 5-year AA+ rated tranche
... Show Full Article
SEATTLE, Washington, July 3 [Category: BizLaw/Legal] -- Ashurst Perkins Coie, a law firm, issued the following news:
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Ashurst Perkins Coie advises African Development Bank on Egypt's inaugural sustainability Samurai bond
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Global law firm Ashurst Perkins Coie has advised longstanding client the African Development Bank (AfDB) on a partial credit guarantee supporting the Arab Republic of Egypt's third Samurai bond issuance, comprising two tranches with an aggregate principal amount of 80 billion Japanese yen (approximately US$500 million). The issuance consisted of a 5-year AA+ rated trancheand a 10-year AA rated tranche, and was Egypt's first sustainability Samurai bond.
The issuance builds on Egypt's track record as a pioneer among African sovereign issuers in the Samurai bond market and in sovereign sustainable financing. Proceeds are required to be allocated exclusively to eligible sustainable expenditures under Egypt's Sovereign Sustainable Financing Framework 2022, including investments in healthcare, education, renewable energy, energy efficiency and climate action. Notwithstanding heightened geopolitical uncertainty and increased volatility in the international capital markets, the bonds were successfully issued with strong credit ratings.
The transaction supports Egypt's continued access to long-term financing in the Japanese capital markets and represents another important milestone in the country's strategy to diversify the currency composition of its external debt and mobilise financing in support of its sustainable development priorities.
Relationship partner Tom Longmuir said: "We are delighted to have advised AfDB on this landmark sustainability Samurai bond issuance, which is another milestone in our long-standing relationship with AfDB. AfDB's AAA credit rating and partial credit guarantee played a catalytic role in facilitating access to long-term financing on competitive terms. The transaction demonstrates the keystone role of development finance institutions in mobilising private capital for African sovereigns, and plays to Ashurst's recognised strengths in structured multilateral credit support."
Commenting on the transaction, Tokyo capital markets partner Chihiro Ashizawa added: "Having advised on Egypt's Samurai bond financings since its inaugural issuance, it is particularly rewarding to see this series of transactions continue to break new ground. As the first-ever Samurai bond issuance by an African sovereign to be directly supported by a guarantee from an African multilateral financial institution, this transaction has the potential to further broaden the path for African sovereign issuers seeking access to the Japanese capital markets. We are proud to have helped deliver this transaction successfully as one Ashurst Perkins Coie team, despite challenging market conditions."
Ashurst Perkins Coie has a long-standing relationship with AfDB, led by relationship partner Tom Longmuir, and extensive experience advising multilateral development banks and development finance institutions on complex cross-border financings across Africa. The firm deployed a multi-office, multi-practice team in its role for AfDB, adding this transaction to its track record in development finance on the African continent.
The Ashurst Perkins Coie team was led by Tokyo partner Chihiro Ashizawa, working with relationship partner Tom Longmuir, and supported by Tokyo associates Chiharu Takatori and Saori Suga.
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Original text here: https://www.ashurstperkinscoie.com/en/who-we-are/our-news-work-market-recognition/ashurst-perkins-coie-advises-addb-on-egypt-inaugural-sustainability-samurai-bond/
A&O Shearman Advises on Sibanye Stillwater's USD500 Million Bond Issuance and Concurrent Tender Offers
LONDON, England, July 3 -- A and O Shearman, a law firm, issued the following news:
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A&O Shearman advises on Sibanye Stillwater's USD500 million bond issuance and concurrent tender offers
A&O Shearman has advised a consortium of 18 initial purchasers and five dealer managers in connection with Sibanye Stillwater's ("Sibanye") USD500m bond issuance and the concurrent tender offers.
The transaction, aimed at reducing Sibanye's gross debt, included the issuance of USD500m aggregate amount of senior notes; and a series of concurrent tender offers to purchase for cash of any and all of Sibanye's
... Show Full Article
LONDON, England, July 3 -- A and O Shearman, a law firm, issued the following news:
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A&O Shearman advises on Sibanye Stillwater's USD500 million bond issuance and concurrent tender offers
A&O Shearman has advised a consortium of 18 initial purchasers and five dealer managers in connection with Sibanye Stillwater's ("Sibanye") USD500m bond issuance and the concurrent tender offers.
The transaction, aimed at reducing Sibanye's gross debt, included the issuance of USD500m aggregate amount of senior notes; and a series of concurrent tender offers to purchase for cash of any and all of Sibanye'soutstanding 4.000% senior notes due 2026 and up to USD75m aggregate principal amount of its 4.500% senior notes due 2029, funded in each case with cash on balance sheet and the net proceeds from the senior notes offering.
Sibanye is a multinational mining and metals processing group with a diverse portfolio of mining and processing operations, projects and investments across five continents.
Sibanye is one of the foremost global recyclers of a suite of metals, having increased its presence in the circular economy by growing its recycling and tailings reprocessing exposure globally.
The team was led by partner Trevor Ingram, senior associate Eva Andronikou, and associates Stavros Bakolas, Silvia Montanya, Julia Szinovatz, Paridhi Srivastava, and Laurens de Korte.
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Original text here: https://www.aoshearman.com/en/news/ao-shearman-advises-on-sibanye-stillwaters-usd500-million-bond-issuance-and-concurrent-tender-offers
[Category: BizLaw/Legal]
