Legal Affairs / General

Starting now, all new parents get maternity leave

A recent landmark judgement by the Gauteng High Court has transformed the landscape on parental leave in South Africa.

Marijuana growers fire insurance claim rejected for lack of sprinklers (US)

Baker McKenzie successfully represents pro bono client in precedent-setting case regarding Financial Service Providers’ duty of care to protect clients from cybercrime

A Dispute Resolution team from Baker McKenzie in Johannesburg, including Darryl Bernstein, Kylie Slambert, Cameron Jeffrey and Landise Banzana, successfully represented the Rosebank Rotary Club (RRC) on a pro bono basis in a precedent-setting case relating to the conduct of financial service providers (FSPs) and their duty of care to safeguard their clients' finances and protect them against cybercrime.

Cyber risk modelling alone will not narrow the protection gap for peak cyber perils

Every insurer needs to read the research summary ‘Cyber Risk Accumulation: Fully tackling the insurability challenge’ issued by The Geneva Association in November 2023. Even though prudent insurance companies underwrite cyber risk with tightly-defined contract wordings, limited risk-absorbing capacity and requirements for risk management by the insured, this is not enough having regard to the overall possible cost arising from a major global cyber incident or campaign. Guesstimates of global losses up to USD8 trillion have been made.