We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Corporate

  • November 13, 2018

    JetBlue Upgrades Atty To General Counsel Seat

    JetBlue Airways Corp. has appointed an in-house attorney as its next general counsel and corporate secretary, the company announced Tuesday.

  • November 13, 2018

    Amazon Unveils $5B Plan For NY, Va. Headquarters

    Amazon Inc. said on Tuesday that it has selected New York City and Arlington, Virginia, as the two locations for its new headquarters, laying out a plan that would see the e-commerce giant invest $5 billion and create more than 50,000 full-time jobs across the two locations.

  • November 13, 2018

    Trump Cheers Cable Group's Call For Comcast Antitrust Probe

    President Donald Trump on Monday said he supported a call by a cable industry group to investigate alleged anti-competitive activity by Comcast Corp., specifically with regard to its merger with NBC Universal.

  • November 9, 2018

    GCs Predict Spending Spike For Firms In Cybersecurity, M&A

    Continuing a steady uptick in outside counsel spending, top legal decision makers are projected to spend billions more on law firms next year, with areas like cybersecurity and data privacy and mergers and acquisitions expected to see big gains, according to a report released Monday.

  • November 9, 2018

    Facebook, Google Won’t Make Harassed Workers Arbitrate

    Facebook Inc. announced Friday that it will no longer make its workers who claim they have been sexually harassed arbitrate their claims, following Google LLC, which made a similar announcement on Thursday.

  • November 9, 2018

    EEOC Secured $505M For Workers In Banner FY 2018

    Employers paid about $505 million to nearly 70,000 workers in connection with U.S. Equal Employment Opportunity Commission actions in fiscal year 2018, the agency announced Friday in a report detailing these and other enforcement statistics.

  • November 9, 2018

    Equifax, Oracle Accused Of Flouting GDPR Data Use Rules

    A British advocacy group is urging European privacy regulators to investigate Equifax, Oracle, Acxiom and several other data brokers and ad-tech companies for allegedly exploiting millions of people's personal data in violation of the bloc's stringent General Data Protection Regulation. 

  • November 9, 2018

    Tesla's $55B Musk Pay Deal Unfair, Investor Tells Chancery

    A 10-year Tesla compensation plan offering founder and CEO Elon Musk as much as $55.8 billion cannot avoid Delaware Chancery Court’s tough entire fairness review standards, despite director claims that more-permissive standards apply, an investor who challenged the deal argued Friday.

  • November 9, 2018

    Third Point Scales Back Campbell Board Takeover Bid

    Hedge fund Third Point LLC on Friday scaled back its bid to control Campbell Soup Co.’s board following what it called “decades of underperformance,” announcing its intent to nominate five independent director nominees instead of the originally planned 12.

  • November 9, 2018

    BMW, Daimler Car-Share Merger Wins EU Approval

    German automakers BMW and Daimler were given the green light by the European Commission to merge their car-sharing, ride-hailing and other mobility services, provided they make concessions to allay the watchdog’s concerns about a potential monopoly in six cities.

  • November 9, 2018

    15 Minutes With American Express' Chief Legal Officer

    An All-American in track and field, Laureen Seeger says the competitiveness from the sport has been beneficial to her career. Here, the top lawyer at American Express Co. explains what she’s doing to level the playing field in the legal industry, and at what point she thinks it will be clear the profession has reached the finish line on improving diversity and inclusion.

  • November 9, 2018

    Ex-Tesla Worker Charged With $9.3M Embezzlement Scheme

    A former global supply manager for Elon Musk-helmed Tesla Inc. was indicted on Thursday for his alleged role in an embezzlement scheme in which he purportedly used fake documents and email accounts to divert about $9.3 million from one auto parts supplier to another.

  • November 9, 2018

    H&R Block Hit With Antitrust Suit Over 'No-Poach' Pacts

    An H&R Block Inc. tax preparer hit the tax services provider with a proposed class action in Illinois federal court Thursday, claiming the company’s noncompete contracts with employees and its “no-poach” agreements between its corporate offices and franchises have illegally stifled wages and career advancement of thousands of workers.

  • November 9, 2018

    Looming GDPR Fines To Spark Insurance Coverage Fights

    Cyber policies are increasingly incorporating coverage for the hefty fines and liabilities that are likely to arise from the European Union's General Data Protection Regulation, but legal and regulatory pronouncements in vital jurisdictions may stymie these efforts and open the door for unprecedented coverage battles, experts say. 

  • November 9, 2018

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    General counsel from Uber, PayPal and dozens of other companies backed the California Bar Association's proposed pro bono changes, Google announced it plans to end forced arbitration for sexual harassment and assault claims, and a new report found that law departments of all sizes are currently handling a majority of their legal needs in-house. These are some of the stories in corporate legal news you may have missed in the past week.​

  • November 8, 2018

    NLRB Plans Gradual Revamp Of Union Election Rule

    Instead of revamping the National Labor Relations Board's Obama-era union election rule all at once, the NLRB will release a series of proposed rules starting in the next few months to revise specific aspects of the union election process, the labor board's four current members said Thursday.

  • November 8, 2018

    MoneyGram To Pay $125M For Breach Of Anti-Fraud Pacts

    MoneyGram International Inc. will pay $125 million after breaching its agreements with government agencies in Pennsylvania and Illinois federal courts following claims that its agents ran international mass marketing and consumer fraud schemes, the U.S. Department of Justice said Thursday.

  • November 8, 2018

    EVelozcity Can Drive Ahead With No-Poach Contract Row

    Electric vehicle startup Faraday & Future must face claims from rival EVelozcity that it imposed an illegally restrictive contract term that prevented departing employees from recruiting colleagues to another company, a Los Angeles judge ruled Thursday, rejecting Faraday's bid to end the suit on anti-SLAPP grounds.

  • November 8, 2018

    Uber, Salesforce GCs Support Calif. Bar Pro Bono Changes

    More than two dozen legal executives from companies like Uber, Salesforce, Macy's and PayPal expressed their support for the State Bar of California's proposed changes that would loosen rules governing a registered in-house counsel's ability to do pro bono work in the state.

  • November 8, 2018

    ‘Something Smells’ At Tempur Sealy, Investor Tells Chancery

    A shareholder of mattress maker Tempur Sealy International Inc. told a Delaware Chancery judge Thursday that an odor of wrongdoing accompanied the loss of the company’s largest customer and that the investor needed access to corporate books and records to determine if any misconduct had occurred.

Expert Analysis

  • An Update On Enforcing Arbitration Of ERISA Claims

    Dylan Rudolph

    When are fiduciary breach claims under the Employee Retirement Income Security Act susceptible to arbitration? Dylan Rudolph and Brian Murray of Trucker Huss APC discuss the state of the law and offer thoughts on certain elements that plan sponsors should consider.

  • Surveying The State Of Workplace Harassment Investigations

    Jason Schwartz

    We recently reviewed for-profit companies that investigated workplace harassment allegations over the past six years and examined how they handled the release of information. Our findings reveal emerging trends and considerations for companies deciding whether to release post-investigation reports, say attorneys with Gibson Dunn & Crutcher LLP.

  • Roundup Verdict Points To Jury Realities In Product Cases

    Matthew Gatewood

    A California jury was recently asked to determine whether the popular herbicide Roundup causes cancer. The case demonstrates how jurors often must draw conclusions on unresolved scientific issues, and how manufacturers that ignore complaints about product risks will struggle to overcome the image of corporate irresponsibility at trial, say attorneys with Eversheds Sutherland LLP.

  • Addressing Workplace Misconduct With Exec Compensation

    Excerpt from Lexis Practice Advisor
    John Utz

    Compensation committees may find value in reflecting a new public attitude toward workplace sexual misconduct in the structure of their companies’ executive pay programs. John Utz of Utz & Lattan LLC discusses how employers can design compensation packages to discourage or censure such misconduct.

  • Justices Seem Open To Class Cy Pres Awards, Occasionally

    Irving Scher

    It appeared from the U.S. Supreme Court arguments in Frank v. Gaos that the majority of the court would approve 100 percent cy pres settlements, but under extremely limited circumstances, says Irving Scher of Hausfeld.

  • C-Corps Exempt From Full Scope Of Foreign Income Inclusion

    Stanley Ruchelman

    Now that certain U.S. corporations can receive tax-free dividends by reason of the 100 percent dividend received deduction, the IRS has determined — according to guidelines released Oct. 31 — that Section 956 should also not be applied where a dividend would not be taxed, says Stanley Ruchelman of Ruchelman PLLC.

  • Fiscal Sponsorship: Opportunities And Risks For Nonprofits

    George Constantine

    As the time and hassle of obtaining tax-exempt status increase, the charitable-minded are turning to "fiscal sponsorships" as an alternative. A well-drafted agreement that clearly defines each organization's role is key to obtaining the desired tax treatment, say George Constantine and Christopher Moran at Venable LLP.

  • When Realities Test The Limits Of Your FCPA Program

    Joseph Moreno

    Experienced practitioners are well-aware of the dangers of having a one-size-fits-all Foreign Corrupt Practices Act compliance policy that is oblivious to the realities of the company’s risk profile and business activities. Attorneys with Cadwalader Wickersham & Taft LLP offer tips on when to be flexible and when to stand your ground.

  • An 8-Step Model To Eliminate Workplace Sexual Harassment

    Barbara Hoey

    More than 20 years ago, change management guru Dr. John Kotter introduced an eight-step change methodology to help business leaders transform their workplaces. Barbara Hoey and Jennie Woltz of Kelley Drye & Warren LLP explain how it can be used for a transformation focused on sexual harassment eradication and prevention.

  • With Conflicting Paths On FAA, High Court Likely To Take Both

    Scott Oswald

    Fierce brainpower was on show Monday at the U.S. Supreme Court, where the justices seemed likely to deliver a business-friendly outcome in two separate cases under the Federal Arbitration Act — even though this would require treating the FAA’s blind enforcement of arbitration agreements as sacrosanct in one instance while undermining it in another, says Scott Oswald of The Employment Law Group PC.