Weekly highlights of what’s happening at Ropes & Gray:
- In one of the largest arbitration awards ever decided in Hong Kong or China, a Ropes & Gray litigation team won an almost $100 million dollar award on behalf of client LoJack Corporation and LoJack Equipment Ireland DAC in an international arbitration before the Hong Kong International Arbitration Center.
- A cross-practice team advised Hamilton Lane in the closing of its Strategic Opportunities Fund 2017. The fund closed with approximately $435 million in commitments, exceeding its initial target of $250 million.
- In the wake of the devastating WannaCry attack, many organizations are looking for ways to guard against a future attack and wondering what might happen if they fail to take adequate steps. In this article, the second part of our WannaCry series, we discuss potential legal ramifications that organizations—especially those in the health care sector—may face if they fail to prepare for a ransomware attack. In the first part of this series, we outlined how boards of directors and senior management should work with their information security and business teams in order to assess organizational preparedness.
- There has been considerable discussion in the health care industry about how fraud and abuse laws, which were designed to prevent arrangements that exploit reimbursement models, may impede value-based arrangements. In this new video, Michael Lampert discusses the application of fraud and abuse laws to value-based models in ways that don’t hamper the development of new arrangements.
- On June 9, the long-anticipated compliance date for the U.S. Department of Labor’s fiduciary rule finally arrived. The fiduciary rule is both broad in scope and highly complex, and each institution should determine how it will approach the rule, based on its own business practices and client base. Different considerations may apply to hedge funds, private equity funds and funds registered under the 1940 Investment Companies Act, so our lawyers highlight some key areas for review in this client alert.
- And finally, a well-deserved honor. Ropes & Gray’s hedge funds partners and practice co-leaders Laurel FitzPatrick and Leigh Fraser have been recognized among The Hedge Fund Journal’s 50 Leading Women in Hedge Funds 2017 Report.
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find our more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.