Adriaan Louw

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Lawyer vs artificial intelligence

Artificial intelligence (AI) software has beaten a group of lawyers from top international firms in an insurance claim accuracy test. A group of students from the University of Cambridge founded an AI start-up that builds systems that predict legal decisions. These systems were recently pitted against more than 100 partners and associates from major corporate … Continue reading

Voting against a business rescue plan

Creditors of a company in business rescue do not have an unfettered vote to reject a proposed business rescue plan because their vote may be set aside by a court if it is inappropriate. The Supreme Court of Appeal in Firstrand Bank Ltd v KJ Foods CC considered the meaning of ‘inappropriate’ relating to business rescue … Continue reading

Artificial intelligence routed to gain juristic personality (Estonia)

Estonia may become the first country in the world to grant artificial intelligence (AI) some form of juristic personality, giving robots personal rights and responsibilities. This northern Baltic country’s Economy Ministry is currently working on legislation to elevate the status of robots using AI to more than that of an object. It is still unclear … Continue reading

UK companies should continuously identify and engage with key stakeholders

A list of core principles were recently published in the UK to guide the board of directors of a company to allow for greater involvement of stakeholders, other than shareholders, in decision-making. These stakeholders would include employees, suppliers, customers, the community, and the environment. Two UK governance institutes, with the support of the UK government, … Continue reading
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