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Recent Editions
North America
Human Times
In his farewell address, outgoing U.S. Attorney General Merrick Garland has urged Justice Department employees to remain steadfast in their duties despite facing "unfounded attacks." He emphasized the importance of maintaining the department's independence, saying: "It is the obligation of each of us to follow our norms not only when it is easy, but also when it is hard." He went on to say: "I know that you have faced unfounded attacks simply for doing your jobs, at the very same time you have risked your lives to protect our country from a range of foreign and domestic threats. And I know that a lot is being asked of you right now . . . But before I leave, I have one more thing I want to ask of you. That is to remember who you are, and why you came to work here in the first place." As Garland prepares to step down, concerns loom over the incoming administration's potential impact on judicial independence. President-elect Donald Trump's nominee for attorney general, Pam Bondi, has pledged to uphold the department's integrity. "There will never be an enemies list within the Department of Justice," Bondi told the Senate Judiciary Committee. "I will not politicize that office. I will not target people simply because of their political affiliation."
Full IssueUK
Human Times
Oil giant BP is to cut about 4,700 staff, more than 5% of its total workforce, as part of plans to cut costs. The UK firm, which has a global workforce of about 90,000 people, confirmed the job losses on Thursday, but has not said how many roles will be affected in each country it operates in. An email to staff also confirmed that about 3,000 contractor positions will be axed this year. It is understood the cuts will be applied to those in office-based jobs rather than operational roles. In an email to staff, chief executive Murray Auchincloss said: "We have got more we need to do through this year, next year and beyond, but we are making strong progress as we position BP to grow as a simpler, more focused, higher-value company." Auchincloss added that he recognised "the uncertainty this brings for everyone whose job may be at risk, and also the effect it can have on colleagues and teams." BP employs about 16,000 people in the UK, of which about 6,000 are based in petrol and service stations, and will not be affected by the cuts.
Full IssueUSA
Education Slice
Outgoing U.S. Education Secretary Miguel Cardona has told state and local K-12 and early education leaders that the use of restraint and seclusion to address behavior issues is harmful to children, and that schools should instead use proactive practices such as multi-tiered systems of support, which individualize interventions based on students’ needs. According to the most recent available federal data, about 52,800 public school students were physically restrained, mechanically restrained, or placed in seclusion at schools during the 2020-21 school year. “The rejection of seclusion and the shift away from reliance on restraint in our Nation’s schools and early childhood programs is long overdue,” Cardona said. “We must equip educators and early childhood providers with the positive, proactive, and evidence-based tools and resources to meet the needs of all students.” He also promoted creating early education and school programs that foster inclusion, safety and belonging.
Full IssueUSA
Accountancy Slice
Scott Bessent, nominated by U.S. President-elect Donald Trump to lead the Treasury Department, emphasized the urgency of extending the package of tax cuts from 2017 during his Senate Finance Committee confirmation hearing on Thursday. He said that failing to renew these cuts, which are set to expire at the end of the year, would lead to "an economic calamity" and a "gigantic middle class tax increase." In his prepared remarks, Bessent also emphasized the importance of addressing the budget deficit, saying the U.S. "must work to get our fiscal house in order" by adjusting domestic discretionary spending. The debt ceiling kicked back in on January 2nd, and the Treasury is expected to begin taking special accounting measures to avoid breaching it within the coming days.
Full IssueScotland
Legal Matters Scotland
The Inner House of the Court of Session has ruled in favour of Glasgow City Council in an appeal over the use of untracked post to notify motorists of low emission zone (LEZ) penalties. The Transport Appeal Tribunal for Scotland had previously ruled that only penalty charge notices (PCNs) sent by recorded or registered post were enforceable, overturning 38 fines, and potentially threatening the reversal of more than £1.2m in fines. However, Lord Pentland, delivering the opinion, said that in "cases where it is undisputed that the purpose of serving the PCN has in fact been fulfilled, there seems no reason to suppose that Parliament would nonetheless have intended the PCN to be unenforceable, essentially on the basis of a technicality".
Full IssueNorth America
Legal Slice
Brett Shumate is poised to lead the U.S. Department of Justice's Civil Division under President-elect Donald Trump. A partner at Jones Day, Shumate previously served as a senior official in the Civil Division's Federal Programs Branch during Mr. Trump's first term. He has withdrawn from ongoing cases and is set to leave Jones Day on January 17. The Civil Division is the Justice Department's largest litigating section. In addition to defending the U.S. government when agencies or officials are sued, the office also brings cases to enforce U.S. laws and regulations. Shumate has been involved in high-profile litigation, including cases related to Mr. Trump's business interests and immigration policies. Confirmation from the Senate is required before he can assume office.
Full IssueEurope
Risk Channel
The Digital Operations Resilience Act (DORA) comes into force today, and UK businesses are grappling with rising costs associated with compliance, City AM reports. Tim Wright, a technology lawyer at Fladgate, said: “Judging from the activity we are seeing, many financial institutions are not fully prepared for DORA implementation.” Nearly 43% of financial services are predicted to miss the deadline, with many firms spending over €1m (£842,000) on compliance efforts. The pressure is particularly intense for smaller firms, which face resource constraints and complex requirements. James Hughes from software company Rubrik has stressed the need for understanding critical data and mitigating risks, and warned that failure to comply could lead to fines from the Financial Conduct Authority (FCA).
Full IssueNorth America
CFO Slice
In a landmark U.K. class action antitrust trial, Apple's newly appointed chief financial officer, Kevan Parekh, has refuted allegations that the App Store enjoys profit margins of around 75%. He said: "I wouldn't say they're accurate," in response to claims made by barrister Michael Armitage, who cited evidence from U.S. litigation suggesting high operating margins. The £1.5bn ($1.8bn) case, led by class representative Rachael Kent, accuses Apple of monopolistic practices by compelling developers to use its App Store for app distribution. The claimants argue that the "excessive and unfair" commissions charged by Apple are ultimately passed on to consumers. Apple, however, contends that its integrated system offers significant benefits and faces intense competition in the market. London's City AM notes that there are over 20 class actions now active in the U.K. against Apple, Google and its parent firm Alphabet, Microsoft and Meta, with an estimated total of more than £30bn ($36bn) in alleged damages.
Full Issue