Middle East Legal Awards Regulatory and Investigations Team of the Year: Clyde & Co
Full details of the Regulatory and Investigations Team of the Year category at the premier Middle East legal awards
June 07, 2017 at 08:24 AM
2 minute read
(L-R) Awards host Shadia Bseiso; Nicholas Braganza, Clyde & Co; awards judge Afshan Akhtar, Arab Banking Corporation
Finalists: Baker McKenzie, Simmons & Simmons (Highly Commended); Squire Patton Boggs.
Clyde & Co secured the regulatory and investigations team of the year award for its ongoing work advising insurance regulators in the GCC region on developing and drafting their insurance laws.
Clyde & Co has assisted local regulators in benchmarking their insurance laws and regulations against equivalent laws and regulations in numerous other jurisdictions, and also against international best practice set out by organisations such as the International Association of Insurance Supervisors. These exercises have enabled regional regulators to identify areas of their own law and regulation which could be developed further.
Such exercises are coordinated by their local Clyde & Co team who are able to provide local regulators with summaries of insurance laws and regulations across multiple jurisdictions while outlining detailed recommendations on a range of insurance law-related topics. Drawing on its global reach and expertise, the team has been able to deliver practical guidance on the issues and challenges raised by the implementation of insurance laws and regulations across a range of jurisdictions, complementing the team's broad understanding of the domestic insurance laws and regulations in the GCC region.
"Significant scope of engagement, extensive detail and solid approach with practical guidance," one judge commented.
- Click here to return to the full list of winners
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Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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