Corporate

  • November 22, 2017

    Pa. High Court Reverses Ruling On Corp. Tax Appeal Window

    The Pennsylvania Supreme Court reversed a lower court’s ruling Wednesday, saying the date that taxes are paid marks the starting point for a three-year appeal window, rather than when they are finalized with the submission of a company’s annual report.

  • November 22, 2017

    7 Tips For Conducting Year-End Job Performance Evaluations

    With the calendar flipping to December, managers gearing up for a fresh round of performance evaluations can avoid setting the stage for legal trouble by taking some simple precautions, like making sure not to paint an overly rosy picture of employees’ work. Here, experts share seven tips to keep in mind heading into the yearly assessment ritual.

  • November 22, 2017

    ‘Mass Lateral’ Moves No Silver Bullet For Beleaguered Firms

    BigLaw firms at risk of insolvency may find plenty to like about a “mass lateral” move to a competitor in lieu of a full wind-down, one of several routes that Sedgwick LLP has considered in the lead-up to its planned closure. However, choosing to walk away from the business rather than seek bankruptcy carries its own set of complications, as evidenced by the ongoing fallout from Novak Druce’s dissolution.

  • November 22, 2017

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    The Trump administration asked the U.S. Supreme Court to reverse blocks on its third travel ban, Senior Judge Richard J. Leon took on the U.S. Department of Justice's challenge of AT&T's planned Time Warner purchase, and Credit Karma's Susannah Wright discussed with Law360 the challenges of being the general counsel of a young, disruptive company. These are some of the top stories in corporate legal news you may have missed in the past week.

  • November 22, 2017

    How Associate Bonuses May Highlight BigLaw's Profit Gap

    In past years, many BigLaw firms have played follow-the-leader in matching associate bonuses to those set by the most profitable firms, but as law firm profit gaps grow, experts say it's likely that bonuses at less profitable firms will remain on trend with past years even as their counterparts up the ante for a select few associates.

  • November 21, 2017

    FCA Enforcement Under Sessions DOJ Offers More Of The Same

    Nearly a year into the Trump administration, False Claims Act enforcement remains largely unchanged, with the continuing ramifications of the landmark Escobar decision having a much greater impact on the way FCA cases are playing out than the change in U.S. Department of Justice leadership, attorneys say.

  • November 21, 2017

    Palm Families Make Final Bid For $71M In Licensing Fees

    Family members behind the famous Palm steakhouse in Manhattan said Tuesday in closing trial arguments that they were cheated out of $71 million in intellectual property licensing value by the cousins who built a single trendy outpost into an empire, and certain family members essentially relied on a lack of scrutiny to stick to an extremely low status-quo licensing fee.

  • November 21, 2017

    Feds Ask Supreme Court To Reverse Blocks On Travel Ban

    The Trump administration asked the U.S. Supreme Court on Tuesday to reverse blocks on its third travel ban by federal courts in Maryland and Hawaii, saying the latest ban was the result of a careful cross-department review and that the lower courts’ intervention hurts the executive branch’s ability to direct national security.

  • November 21, 2017

    Customs Violated 2 Travel Ban Orders, Gov't Watchdog Says

    U.S. Customs and Border Protection was “very aggressive” in blocking certain travelers to the U.S. in violation of two court orders from Massachusetts and California, according to a letter on Tuesday hinting at the results of a government investigation that’s still under wraps.

  • November 21, 2017

    AT&T-Time Warner Judge Is No Stranger To Mega-Mergers

    The U.S. Department of Justice’s challenge of AT&T’s planned Time Warner purchase was assigned to Senior Judge Richard J. Leon on Tuesday, a D.C. district judge with extensive antitrust experience who required extra conditions before greenlighting the government’s settlement with Comcast for its NBC Universal deal.

  • November 21, 2017

    Legal Tech Download: Dentons, Orrick Make Tech Plays

    The world of legal technology is quickly evolving, with new products aimed at aiding lawyers coming to market in rapid succession. Here, Law360 takes a look at eight major recent developments in legal tech.

  • November 20, 2017

    What Ending H-4 Work Permits Means For Cos., Immigrants

    With the Trump administration reportedly mulling plans to end work authorization for H-4 visa holders, thousands of immigrant spouses may lose the ability to work in the U.S., potentially halving their families’ incomes and creating another headache for employers.

  • November 20, 2017

    Hogan Lovells Picks Up Ex-Walmart Political Pro

    Hogan Lovells has hired a government relations and policy expert who’s worked with politicians on both sides of the aisle and spent a decade working for Wal-Mart Stores Inc. in Washington, D.C., and Mexico, bolstering the firm’s reach on legislative advocacy for corporate clients.

  • November 20, 2017

    Menards Delivery Drivers Not Employees, NLRB Judge Says

    A National Labor Relations Board judge on Friday ruled that delivery drivers for Menards are not employees of the home improvement retailer, tossing claims the company violated federal labor law by classifying the drivers as independent contractors and maintaining mandatory arbitration policies.

  • November 20, 2017

    Panelists See Int’l Tax Landscape Shifting Toward Chaos

    A lack of clear consensus on international tax rules, unilateral measures such as the U.K.’s diverted profits tax and other factors are contributing to an increasingly chaotic and uncertain environment for multinational companies, tax practitioners said.

  • November 20, 2017

    DOJ Challenges AT&T's $85.4B Bid For Time Warner

    The U.S. Department of Justice sued Monday to block AT&T Inc.'s $85.4 billion deal for Time Warner Inc., arguing that the combination of the telecom company's DirecTV television provider with the owner of key content like CNN and HBO would lead to higher prices for consumers and hinder innovation for video distribution.

  • November 20, 2017

    Yellen To Retire From Fed Once Successor Is Confirmed

    Federal Reserve Chair Janet Yellen on Monday announced she would vacate her seat on the central bank’s board of governors once the Senate confirms Jerome Powell to take over the Fed’s leadership.

  • November 20, 2017

    15 Minutes With Credit Karma's General Counsel

    Susannah Wright was tapped in June to act as the first general counsel of the personal finance startup Credit Karma. Wright spoke to Law360 to discuss the challenge and opportunity of being the general counsel of a young, disruptive company.

  • November 17, 2017

    In Case You Missed It: Hottest Firms And Stories On Law360

    For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

  • November 17, 2017

    Orexigen Seeks Toss Of Suit Over Drug Trial Leaks

    A lawsuit seeking damages from Orexigen Therapeutics Inc.'s board for sharing confidential information about an unfinished obesity drug trial fails to connect the leaks to any improper intent, a directors' attorney said in arguing for dismissal of the case Friday in Delaware Chancery Court.

Expert Analysis

  • Future MACRA Concerns For Hospitals And Health Systems

    Deborah Kantar Gardner

    In the process of reforming physician Medicare reimbursement Congress and the Centers for Medicare & Medicaid Services have created an interesting juncture in the health care landscape, as one of the real and lasting impacts of the Medicare Access and CHIP Reauthorization Act may well be the formation of new alignments between physicians and hospitals and health systems, say Deborah Kantar Gardner and Peter Holman at Ropes & Gray LLP.

  • DOJ Guidance Is Dead, Long Live DOJ Guidance

    David Chaiken

    Comments in a recent speech by U.S. Attorney General Jeff Sessions appeared to kill much-needed U.S. Department of Justice guidance for companies. But a closer look reveals that this interpretation is likely a misunderstanding, says David Chaiken of Troutman Sanders LLP.

  • Remaining Questions About US Paris Agreement Withdrawal

    Silvia Maciunas

    Last week’s annual meeting of the 23rd Conference of the Parties addressed, among other issues, implementation of the Paris climate change agreement. The U.S. has already submitted a notification of its intention to withdraw from the agreement, but because it has been submitted early, it is unclear whether it will satisfy the withdrawal requirements, says Silvia Maciunas of The Centre for International Governance Innovation.

  • A Look At Argentina’s New Anti-Corruption Law

    kim Nemirow

    Argentina took a significant step this month in its efforts to combat corruption. The law creates corporate criminal liability and will have a material impact on a number of companies that now must comply or face significant potential penalties or debarment, say Kim Nemirow and Lucila Hemmingsen of Kirkland & Ellis LLP and Gustavo Morales Oliver of Marval O'Farrell & Mairal.

  • Roundup

    Judging A Book

    Alexander Hamilton and the Development of American Law

    Are the latest books on the judicial system worth reading? Federal judges share their thoughts in this series of book reviews.

  • Don't Waste This Planning Cycle: Year-End Strategies

    Hugh A. Simons

    Law firms are businesses where partners operate with significant autonomy. To see their priorities translate into individual partner action, firm leaders should use a few collaborative strategies, suggests Hugh A. Simons, former senior partner of The Boston Consulting Group and former COO of Ropes & Gray LLP.

  • From Snaps To Tweets: The Craft Of Social Media Discovery

    Matthew Hamilton

    Courts have consistently held that social media accounts are subject to established discovery principles but are reluctant to allow parties to rummage through private social media accounts. Recent case law confirms that narrowly tailored information requests get the best results, say Matthew Hamilton, Donna Fisher and Jessica Bae of Pepper Hamilton LLP.

  • An Interview With Former DHS Secretary Jeh Johnson

    Randy Maniloff

    Jeh Johnson, the former secretary of homeland security, was kind enough to let me visit him to reflect on his diverse career. He told stories that left me speechless. And yes, the man who was responsible for the Transportation Security Administration removed his shoes when going through airport security. You bet I asked, says Randy Maniloff of White and Williams LLP.

  • 6 Legal Issues That Enable Serial Harassers

    Richard Seymour

    The questions raised in the public mind by the allegations against those accused of sexual and racial harassment are important. For example, if the allegations are true, how did it manage to go on for so long? Parts of the answers to such questions are clear, and the evidence of the enablers is not pretty, says attorney, arbitrator and mediator Richard Seymour.

  • Why Securities Lawyers Are The New Employment Lawyers

    Christopher Regan

    Whistleblower retaliation claims have a unique securities law slant and involve sensitive, unresolved areas that should cause all stakeholders to consider whether the typical employment lawyer is equipped to handle these cases, say attorneys with Buckley Sandler LLP.