February 22, 2012 | Inside Counsel
EU suspends international anti-counterfeiting pact ratificationIt may take a little longer for Europe to get on the same page as many of its industrialized peers when it comes to intellectual property rights. The European Commission today suspended its efforts to ratify the Anti-Counterfeiting Trade Agreement (ACTA), which seeks to establish international standards for intellectual property...
By Alex Vorro
5 minute read
February 21, 2012 | Inside Counsel
Philip Morris wraps up former Kraft GCFortunately hes over the age of 18 because most parents would be concerned if their son just traded in his bag of Chips Ahoy! for a pack of Marlboros. Just days after resigning from Kraft Foods Inc., Marc Firestone immediately resurfaced at his previous employer, Philip Morris International (PMI).
By Alex Vorro
2 minute read
February 17, 2012 | Inside Counsel
Fannie Mae GC rumored to be candidate for new CEOWhile the search for a new CEO at Fannie Mae is still in the early stages, one horse seems to be standing out from the pack internally. GC Timothy Mayopoulos reportedly has emerged as the leading internal candidate to take over for CEO Michael Williams, who has announced plans to...
By Alex Vorro
2 minute read
February 16, 2012 | Inside Counsel
Norwegian Cruise Line to pay $500k for violating wage rulesTis the season for troubles while luxuriously relaxing and overeating on the high seas. While the rest of the world is still aghast over the Carnival Corp.s Costa Concordia shipwreck off the coast of Italy, the U.S. Department of Labor (DOL) is cracking down on another cruise company a little...
By Alex Vorro
4 minute read
February 15, 2012 | Inside Counsel
Whiskey makers war over trademark infringementThings are heating up from the bayou to bourbon country. A handful of Hood River Distillers Inc. products have lit a fire under Louisiana-based Sazerac Co., inciting the 162-year-old distillery to sue the rival spirits marker for trademark infringement.
By Alex Vorro
3 minute read
February 14, 2012 | Inside Counsel
Suspected Chinese hackers “had access to everything” in long-term Nortel breachIts scary enough when someones personal email is hacked or companies endure a limited data breach, but imagine what it would be like for hackers to have access to an entire companys worth information ... for a decade. That nightmare is essentially what happened at Nortel Networks Ltd., and the...
By Alex Vorro
2 minute read
February 13, 2012 | Inside Counsel
Martha Stewart Living brings Macy’s battle to a boilThe bitterness between Martha Stewart Living Omnimedia Inc. and Macys Inc. is reaching bad-batch-of-rapini proportions. Martha Stewart Living last Friday called out the retailer for its lawsuit against the company and said Macys is essentially using Martha Stewart-branded products to help promote its own line of home goods.
By Alex Vorro
5 minute read
February 10, 2012 | Inside Counsel
Senate approves bill to televise Supreme CourtAre you ready for Antonin Scalia coming live to your living room in HD?
By Alex Vorro
3 minute read
February 09, 2012 | Inside Counsel
MovieTickets.com shreds stub of relationship with AMCApparently MovieTickets.com isnt as enamored with rival Fandangos talking paper bag puppets as the rest of the movie-going public.
By Alex Vorro
3 minute read
February 08, 2012 | Inside Counsel
BlackRock GC announces retirementA new day will soon dawn for the legal department at BlackRock Inc. News broke yesterday that General Counsel Robert Connolly is retiring after 15 years at the money management firm.
By Alex Vorro
1 minute read