The world’s first smart attorney takes on commercial law

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Artificial Intelligence (AI) is no longer the fodder of science fiction movies. The world’s first AI lawyer, IBM’s AI Ross, has been hired by law firm Baker and Hostetler to assist with their bankruptcy practice. This is rumoured to be the first of many licenses to be signed with everyone’s new smart attorney. Ross was…

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Business rescue protected from all legal proceedings

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If a company is undergoing business rescue, the Companies Act states that it is immune to the commencement of any ‘legal proceeding,’ without the written consent of the business rescue practitioner. However, the phrase ‘legal proceeding’ is not defined by the Act. The Supreme Court of Appeal (SCA) was required to scrutinise two critical questions…

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