Corporate

  • 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.

  • November 17, 2017

    Chamber, Auto Dealers Back Service Adviser OT Exemption

    The U.S. Chamber of Commerce, 10 automobile dealer trade groups and two business and retail trade groups have filed amicus briefs supporting a California Mercedes-Benz dealership’s U.S. Supreme Court petition that employees who advise customers about repair work are exempt from overtime pay under the Fair Labor Standards Act.

  • November 17, 2017

    NLRB's New Top Cop Crucial To Anticipated Pro-Biz Shift

    New National Labor Relations Board General Counsel Peter Robb will play an integral role in upending a series of decisions issued by the Obama-era labor board that drew fire from management-side lawyers who claimed they were too labor-friendly and at odds with long-standing NLRB precedent, experts say.

  • November 17, 2017

    Michael Vick's Creditors Finish With Nearly Full Recovery

    Creditors of former NFL quarterback Michael Vick, who went into bankruptcy after a prison stint for participating in a dog-fighting ring, received their final distribution Thursday and received almost all of what they were owed, according to the liquidating trustee.

  • November 17, 2017

    Auto Parts Buyers Seek $162M Default In Price-Fixing Suit

    Purchasers of aftermarket vehicle components urged a Wisconsin federal judge on Thursday to force a Taiwanese parts maker to pay more than $162 million for failing to hire new counsel and effectively abandoning the purchasers' price-fixing lawsuit.

  • November 17, 2017

    GC Cheat Sheet: The Hottest Corporate News Of The Week

    The U.S. Supreme Court turned away four notable employment cases, a study found more legal departments are looking to grow their outside counsel spending next year,​ and Kraft Heinz Co.'s GC told Law360 about the changing food industry. These are some of the top stories in corporate legal news you may have missed last week.

  • November 17, 2017

    Scientists See No Solution As Talc Cases Test The System

    Cases alleging talcum powder causes ovarian cancer have exploded in recent years, with thousands of plaintiffs filing suit in hope of following the massive multimillion dollar verdicts against Johnson & Johnson in Missouri and California, but these claims carry no water in other courts, and experts researching the issue are divided on which side the science supports.

  • November 16, 2017

    Big Banks Face Wider Treasury Auction-Fixing Suit

    A lawsuit accusing 20 of the biggest Wall Street banks of rigging the $13 trillion market for securities sold by the U.S. Department of the Treasury was expanded late Wednesday night with the filing of an amended complaint that alleges two interrelated conspiracies.

  • November 16, 2017

    Shkreli Auditor Says Investor Settlements Seemed Legit

    An auditor who did work for Martin Shkreli-founded Retrophin Inc. on Thursday told jurors in the trial of the controversial pharmaceutical executive’s former Katten Muchin attorney that he didn’t believe there was anything wrong with a series of settlements with investors in Shkreli's MSMB hedge funds that prosecutors say were fraudulent.

  • November 16, 2017

    Law Firm Settles Fight Over Atty’s Share Of Sirius Settlement

    A Houston law firm on Tuesday dropped a lawsuit it filed last week against a former attorney with the firm in a dispute over the associate's slice of $12.25 million in attorneys' fees stemming from a settlement in a class action against Sirius XM Radio.

  • November 16, 2017

    $120M Barclays Deal Attys Reduce Fee Request By $8M

    Lawyers who sought 30 percent of a $120 million settlement they struck with Barclays PLC for investors who accused the bank of manipulating the London Interbank Offered Rate told a New York federal judge on Wednesday that they’d accept just 20 percent of the settlement pot for now after she raised questions about the payout.

  • November 16, 2017

    EEOC Report Spotlights Bias Suit Spike, Backlog Cut

    The U.S. Equal Employment Opportunity Commission filed more than twice as many discrimination lawsuits in fiscal 2017 as it did in the previous year, while also putting a significant dent in a persistent backlog of pending investigations that had recently drawn the ire of lawmakers, according to an agency report.

Expert Analysis

  • Populist Pitchforks Come Out: Insider Trading And Equifax

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    Following the theft of data relating to about half the adult population of the United States, Kevin Coen, former securities and treasury counsel with Johnson Controls International, explores whether there is a basis to charge any of the Equifax executives with insider trading and highlights some lessons for practitioners.

  • The Potential Effect Of Data Portability Under GDPR

    José Vega

    While many aspects of the EU's General Data Protection Regulation may be causing consternation in boardrooms around the world, one particularly innovative provision could benefit individuals and businesses alike by leveling the competitive playing field — the right to data portability, say José Vega and Amy Puckett of Bradley Arant Boult Cummings LLP.

  • Financial Crisis Anniversary

    Putting Our Nation’s Economy At Risk Again

    Phil Angelides

    Just a decade after financial disaster struck, the Trump administration, congressional Republicans and Wall Street are wantonly ignoring the lessons of history. The unknown is not if but when financial disaster will strike again, says Phil Angelides, who was chairman of the Financial Crisis Inquiry Commission.

  • How IT And Procurement Pros Can Inform Law Firm Budgeting

    Steve Falkin

    As law firms begin preparing for their annual budget review, Steve Falkin and Lee Garbowitz of HBR Consulting discuss why firm leaders should give their internal information technology and procurement teams a seat at the table.

  • The Republican Tax Plan Is Out, But Can They Pass It?

    Jeffrey Paravano

    While Republicans’ false starts this year on health care reform illustrate that advancing legislation is challenging, there seems to be growing consensus on the urgency for tax reform. But there are many surprises in the draft legislation, and the details are almost certain to cause controversy, say attorneys with BakerHostetler.

  • Getting Real About Artificial Intelligence At Law Firms

    Mark Williamson

    Artificial intelligence needs to be legally defensible in order to be useful to law firms. There are requirements for making this happen, says Mark Williamson, co-founder and chief technology officer of Hanzo Archives Ltd.

  • Perception Vs. Reality At Trial

    Martha Luring

    The long litigation life cycle for large, complex civil lawsuits provides ample time for clients and counsel to form strong opinions — often negative when based on adversarial exchanges — about the opposing trial team, their witnesses and their experts. Martha Luring of Salmons Consulting shares some common perceptions not always shared by jurors.

  • Proportionality, Not Perfection, Is What Matters

    John Rosenthal

    A few jurists and commentators have recently caused a stir in the e-discovery community by arguing that litigants should avoid using keyword searches to filter or cull a document population before using predictive coding. This “no-cull” rationale undermines the principle of proportionality at the heart of the recent changes to Federal Rule 26, say John Rosenthal and Jason Moore of Winston & Strawn LLP.

  • Being A Public-Benefit Corporation In California, Delaware

    Jonathan Storper

    Benefit corporation legislation created a new kind of corporation that is required to pursue a social and environmental mission in addition to creating economic benefits for its shareholders. Here, Jonathan Storper of Hanson Bridgett LLP breaks down the reporting requirements for California and Delaware benefit corporations and offers some best practices.

  • Make Way For The 'Unicorns'

    Lucy Endel Bassli

    By "unicorn" I don’t mean the next great tech startup with a valuation of $1 billion. I mean the new breed of lawyers realizing that there are better ways to get their day jobs done, says Lucy Endel Bassli, assistant general counsel leading the legal operations and contracting functions at Microsoft Corp.