Category: News Feeds

* President Trump’s ex-lawyer Michael Cohen is asking for a sentence reduction. Guess President Trump’s former fixer is not enjoying his time in “Club Fed.” [CNBC]

* The alleged Boston Marathon bomber’s lawyer has argued that the jury pool was tainted and that the bomber’s death sentence conviction should be thrown out. [NBC News]

* The Supreme Court has been urged to review a constitutional challenge to the high tolls on the Pennsylvania Turnpike. Hopefully, the justices will look into the New Jersey turnpike next. [Penn Live]

* A defeated governor is accused of handing out an insane number of pardons on his way out the door, even catching some of the pardoned prisoners completely by surprise. [Washington Post]

* Boies Schiller Flexner LLP has begun succession planning so that the firm can continue long past David Boies’ tenure. [Wall Street Journal]

* A Florida politician is accused of stealing nearly $50,000 from a law firm, and buying items from a sex toy store, among other purchases. Maybe he’ll argue that this was a business expense… [CBS Miami]

Jordan Rothman is a partner of The Rothman Law Firm, a full-service New York and New Jersey law firm. He is also the founder of Student Debt Diaries, a website discussing how he paid off his student loans. You can reach Jordan through email at jordan@rothmanlawyer.com.

The project’s estimated mine life has increased to 15.5 years from 12 years, during which it is expected to produce 173,000 t/yr of spodumene concentrate, 122,000 t/yr of petalite concentrate and 173,000 lbs/yr of tantalite concentrate grading 25pc tantalite pentoxide.

Capital expenditure for the project has been reduced by 2pc to $162mn, while the pre-tax net present value has risen by 39pc to $710mn. The project’s payback period has been reduced by 12 months to 18 months.

Prospect, which has an offtake agreement in place with China’s Sinomine Resources for some of Arcadia’s output, is aiming to become Africa’s first lithium producer.

Unlike many lithium operations, it has three potential product streams targeted at the electric vehicle (EV) and energy storage markets, the glass and ceramic markets and other industrial applications.

Life of mine operating costs vary from $268/t for spodumene concentrate to $458/t for ultra-low iron petalite concentrate.

With a mineral resource of 72.7mn t and an ore reserve of 37.4mn t grading 1.22pc lithium oxide and 121 parts per million tantalum pentoxide, Arcadia has a globally significant hard rock lithium-tantalum deposit.

The project is fully permitted and has been granted special development status by the Zimbabwe government and has a power supply agreement in place in a country ravaged by unstable electricity supply.

Prospect estimates that the project’s implementation phase will take 18 months once funding has been finalised, with a further five months for commissioning. This is in line with the company’s expectation that the world will start experiencing lithium supply deficits from 2021 as the EV and energy storage markets gain momentum.

Post published in: Featured

This comes after an article was published on satire website Ihlaya News, reporting that the struggling state owned entity had “just discovered that Zimbabwe had been connecting electricity illegally for years.”

“To set the record straight, Eskom has neither recorded shortfalls in its international power reconciliation nor investigated the Zimbabwe Electricity Supply Authority (ZESA). Energy consumption is accounted through a comprehensive reconciliation process and is independently audited on a regular basis,” said Eskom in a statement released on Thursday.

Reports of the illegal connections surfaced as loadshedding in South Africa continues.

President Cyril Ramaphosa, who cut short a trip to Egypt to deal with the crisis, said on Wednesday Eskom will work to stabilise the power grid by the end of March.

In addition to heavy rain, he also blamed suspected sabotage at power stations, which contributed 2 000 megawatts (MW) of lost capacity during the past week’s outages and said that needed to be investigated.

According to Google’s annual Year in Search report, who is the only lawyer that made the list of top trending searches for celebrity style in 2019?

Hint: Non-lawyers that made the list are: Billie Eilish, Audrey Hepburn, Ariana Grande, Kylie Jenner, Shia LaBeouf and Cam Newton.

See the answer on the next page.

Jeroen Plink was named in 2018 as CEO of Clifford Chance Applied Solutions, a subsidiary of the international law firm Clifford Chance that designs and develops software to address clients’ business challenges. He is responsible for product development and go-to-market strategy for all its products, including CC Dr@ft, a legal document automation platform.

Plink is a legal technology veteran who, in 2007, moved to the United States to set up Practical Law Company US. Within five years, he successfully grew the business from two employees to 250, and had 80% of the AmLaw 200 and thousands of in-house departments as customers. In 2013, Practical Law Company was acquired by Thomson Reuters.

After leaving Practical Law, Plink focused on providing strategic guidance as a board member and senior advisor to legal tech startups. He is currently on the board of the legal research startup Casetext and he has also served on the boards of Compliance.ai, a regulatory data and predictive analytics company, and Kira Inc., which uses AI to analyze and review complex documents.

Plink started his career at Clifford Chance’s Amsterdam office in 1996 as a private equity associate. He left the firm in 2000 to cofound a company that developed software for due diligence in the M&A transactions. In 2002, he sold that company to Practical Law Company, where he led application development in London before launching its U.S. operation.

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