Boulder Flamethrower Attack Suspect Charged With Hate Crime
Mohamed Soliman was charged with attempted murder and hate crime charges after an incendiary attack in Boulder, Colo. on a group that advocates for the release of hostages in Gaza. Photo: David Zalubowski/Associated Press
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News24
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DA postpones fundraiser after accusations of turning Cape Town comedy festival into election money spinner
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Associated Press
an hour ago
- Associated Press
Top Restructuring Lawyers Kyle Ortiz and Brian Shaughnessy Join Herbert Smith Freehills Kramer in New York
NEW YORK--(BUSINESS WIRE)--Jun 4, 2025-- Herbert Smith Freehills Kramer announced today that leading restructuring attorneys Kyle J. Ortiz and Brian F. Shaughnessy have joined the firm as partners in its Bankruptcy and Restructuring Group. Ortiz and Shaughnessy advise debtors, creditors, and other parties in interest in complex restructurings both in and out of court. On June 1, 2025, Kramer Levin officially combined with Herbert Smith Freehills to become Herbert Smith Freehills Kramer, known as HSF Kramer. Ortiz has represented debtors and creditors in some of the largest and most complex chapter 11 cases of the past fifteen years including Eletson Holdings, LATAM Airlines, Greensill Capital, Pacific Drilling, Westinghouse, SunEdison, American Airlines, and Lehman Brothers. He has also represented investors and other creditors in complex restructuring matters, including cross-border restructurings. An experienced trial lawyer, Shaughnessy has nearly two decades of experience in complex business disputes involving bankruptcy, securities and contract issues, as well as regulatory and corporate governance matters, among others. 'We are delighted to welcome Brian and Kyle as the first new hires of HSF Kramer,' said Justin D'Agostino, Global CEO of Herbert Smith Freehills Kramer. 'Kyle is a widely-respected and dynamic adviser. Their addition enhances the pre-eminence and depth of our restructuring team and fits squarely into our strategic plan.' 'Kyle and Brian's deep experience in high-stakes restructurings and distressed situations will be instrumental in helping clients navigate an uncertain economic landscape,' said Amy Caton and Ken Eckstein, HSF Kramer's Heads of Bankruptcy and Restructuring, US. 'Their insight, creativity, and commercial acumen are a perfect fit for our solutions-driven group.' Paul Schoeman, executive partner of the U.S. region for Herbert Smith Freehills Kramer, said: 'I'm thrilled that Kyle and Brian are joining our premier bankruptcy and restructuring practice. Their arrival underscores the commitment that we at HSF Kramer have to building on our strengths and attracting top-level talent in key markets.' Ortiz added, 'I have consistently enjoyed working with and across from Kramer Levin's world-class restructuring team. I'm incredibly excited to join this team and to take advantage of the global reach and industry expertise that the HSF Kramer platform now has to offer.' Ortiz received his J.D. from The University of Chicago Law School and his B.A. from Northern Michigan University. Shaughnessy earned his J.D. from Georgetown University Law Center and his B.A., cum laude, from Harvard College. About Herbert Smith Freehills Kramer Herbert Smith Freehills Kramer (HSF Kramer) was formed in June 2025 through the transformational combination of Herbert Smith Freehills and Kramer Levin, creating a world-leading global law firm. With over 6,000 people including c.2,700 lawyers and spanning 26 offices, HSF Kramer provides comprehensive legal services across every major region of the world. Uniquely positioned to help clients achieve ambitious objectives, HSF Kramer delivers exceptional results in complex transactions and high-stakes disputes. For more information visit LinkedIn: View source version on CONTACT: Media contact: Jennifer Manton Tel: +1 212 715 7612 Email:[email protected] Christine Kiran Tel: +1 212-843-8364 Email:[email protected] KEYWORD: UNITED STATES NORTH AMERICA NEW YORK INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL FINANCE SOURCE: Herbert Smith Freehills Kramer Copyright Business Wire 2025. PUB: 06/04/2025 10:12 AM/DISC: 06/04/2025 10:11 AM
News24
2 hours ago
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Israel arms exports hit all time high in 2024
Israel's 2024 defence exports hit $14.7 billion record. Gulf state deals rose from 3% to 12%. Missiles and rockets made up 48% of exports. Israel's defence ministry said on Wednesday that its arms exports hit an all-time high of more than $14.7 billion in 2024, with a sharp rise in deals with Arab Gulf states, despite international criticism of Israel's ongoing war against Hamas in Gaza. 'Israel again reached an all-time peak in defence exports in 2024, marking the fourth consecutive record-breaking year in the scope of defence agreements,' the ministry, which oversees and approves the exports of Israel's defence industries, said in a statement. A majority - 56.8% - of the deals signed were 'mega-deals' valued at at least $100 million each, the ministry said, adding that 'operational achievements' in the Gaza war had driven the demand. Since the outbreak of the war, sparked by militant group Hamas's attack on 7 October 2023, the ministry said it had been operating on 'emergency mode, mobilising for the war effort with round-the-clock IDF production while maintaining foreign client manufacturing.' 'The war's operational achievements and the proven battlefield performance of Israeli systems have driven strong international demand for Israeli defence technology, concluding 2024 on a remarkably high note with record-breaking export deals,' it said. The ministry said that demand for its missiles, rockets, and air defence systems had 'reached a new significant milestone' and accounted for some 48% of the total number of exports, up from 36% in 2023. Additionally, 'satellite and space systems exports saw substantial growth, representing 8% of deals in 2024 compared to 2% in 2023,' the ministry said. A breakdown of the regions where the arms were exported showed that European countries made up more than half. Sales to countries considered part of the Abraham Accords - the United Arab Emirates, Bahrain and Morocco who signed groundbreaking normalisation agreements with Israel in 2020 - appeared to have sharply risen from 3% in 2023 to 12%. 'Precisely during a difficult and complex year of war, Israel has broken an all-time record in defence exports,' Defence Minister Israel Katz said in the statement. 'The world sees Israeli strength and seeks to be a partner in it,' he added.
