Jessica Murray Joins Ropes & Gray in New York, Adding Strength to Market-Leading Private Equity Practice

NEW YORK, Nov. 28, 2022 /PRNewswire/ — Ropes & Gray, named both the “2022 Law Firm of the Year” and the number one firm on the 2022 A-List by The American Lawyer (in the U.S. and U.K.), today announced that Jessica Murray has joined the firm as a partner in the firm’s global private equity practice.  She is based in Ropes & Gray’s 500-lawyer New York office.

Jessica brings extensive experience advising market-leading private equity sponsors and their portfolio companies in all aspects of complex transactions, including mergers and acquisitions, leveraged buyouts, strategic investments, joint ventures, and divestitures. She

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To ease property insurance woes, Florida governments should buy damaged beachfront property

On an island a few miles south of Charleston, South Carolina, you’ll find the funky little seaside town of Folly Beach. Its resident population of about 2,200 is seasonally augmented by hordes of tourists seeking a place to swim, surf and drink.

Florida has several similar beach communities, but it does not have a Folly Beach. On the other hand, Florida’s lengthy coastline features miles of what could aptly be called “beach folly.” “Beach folly” can be defined as building — or repeatedly rebuilding — structures atop the shifting sands of a beach that’s susceptible to erosion and storm surges

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Former Credit Suisse chief Tidjane Thiam defends his record

Former Credit Suisse chief executive Tidjane Thiam has defended his record at the Swiss lender despite the litany of crises that have hammered the bank since his departure.

Shares in the group hit a 30-year low on Tuesday morning, extending their decline to more than 35 per cent since the bank announced a radical restructuring and SFr4bn ($4.2bn) capital raise last month.

A year after Thiam left Credit Suisse in 2020 following a damaging corporate espionage scandal, the bank was forced to close $10bn of supply chain finance funds linked to the defunct company Greensill Capital. It was also hit

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Phil Mickelson responds to Tiger Woods’ ‘enormous loan’ comment

Tiger Woods had a lot to say in his first press conference in four months, and that, in turn, led to a Phil Mickelson appearance.

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Tiger Woods had a lot to say in his first press conference in four months on Tuesday at Albany in the Bahamas, where he’s set to host (but not play in) his Hero World Challenge.

And that, in turn, led to a Phil Mickelson appearance.

In a wide-ranging presser in which Woods discussed his plantar fasciitis that led to him withdrawing from the event, pro golf’s future

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Integreon Announces New Chief Executive Officer

Global Technology Services Leader Subroto Mukerji to fuel Integreon’s growth leveraging technology and innovation

FARGO, N.D. and LONDON, Nov. 28, 2022 /PRNewswire/ — Integreon, a trusted worldwide provider of legal and business outsourced services, announced today that global technology services leader Subroto Mukerji has been appointed Chief Executive Officer.  Integreon is majority owned by investment funds managed EagleTree Capital.

As a veteran of the technology services industry, Subroto joins Integreon from Rackspace Technology, where he was most recently President of the Americas region, after previously serving as its Chief Operating Officer. Under Subroto’s leadership, Rackspace Technology emerged as one

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Insurance fraud costs $308.6bn annually, coalition reports

The Coalition Against Insurance Fraud has released a report estimating that annually, insurance fraud costs the US $308.6 billion.

In 1995, the Coalition estimated this number at $80 billion, though at the time, only the property & casualty insurance line was considered.

The present report addresses all lines of insurance and is also adjusted for inflation, unlike the one in 1995.

The report additionally notes that in 1995 the internet was in its infancy and the estimate, therefore, did not account for new forms of cyber insurance fraud that are impacting the US currently.

The Coalition explains that applying an

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Lula Seen Tapping Haddad for Brazil Finance Minister in Coming Days -Sources

BRASILIA (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva is expected to tap former Sao Paulo Mayor Fernando Haddad in coming days to be his finance minister, people familiar with the deliberations told Reuters on Tuesday.

The sources, who requested anonymity to share private talks, said Haddad’s appointment to a working group on economic issues within Lula’s transition team added to expectations, reported by Reuters this month, that he was the leading candidate for Lula’s finance minister. The new president takes office on Jan. 1.

Lula’s silence on the decision has rattled financial markets and brought criticism even from

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