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Chris O'malley

Chris O'malley

September 11, 2023 | Corporate Counsel

Antitrust Enforcers Throw Wrench Into M&A by Dusting Off Long-Ignored Governance Rule

The FTC last month forced drastic changes to a $5.2 billion energy deal by invoking the Clayton Act's prohibition on having a director of one company also serve as a director of a competitor.

By Chris O'Malley

5 minute read

September 07, 2023 | Corporate Counsel

Rule Hastening Disclosure of Cyber Breaches Likely to Ignite Litigation, Insurance Headaches

"My fear is the disclosures that the rules require companies to make in a big rush may force companies to have to 'go public' before they fully understand the situation," insurance executive Kevin LaCroix wrote in a blog post.

By Chris O'Malley

7 minute read

September 06, 2023 | Corporate Counsel

Former PayPal Legal Chief Lands at Disney After 2 Years of Renewal

Louise Pentland made a surprise exit from the fintech star at the height of the Great Resignation, saying, "None of us are maximizing our potential if we continue in the same role forever."

By Chris O'Malley

3 minute read

September 05, 2023 | Corporate Counsel

Proposal Extending OT Pay Has Employers Worked Up Over Cost

Businesses could exempt themselves from compliance by shifting employees to hourly status, but doing so could harm morale and diminish those workers' career-advancement potential.

By Chris O'Malley

4 minute read

August 31, 2023 | Corporate Counsel

Outcome of 'Self-Driving' Vehicle Suits May Hinge on Innovators' Risk-Management Strategies

"Legal reality is likely to be less accepting of driver responsibility than the car manufacturers might hope," said Cassandra Burke Robertson, a law professor at Case Western Reserve University.

By Chris O'Malley

5 minute read

August 30, 2023 | Corporate Counsel

Historic NLRB Ruling Gives Workers Path to Unionize Without Having to Vote

"These changes radically shift the legal landscape for companies," Morgan, Lewis & Bockius wrote in a note to corporate clients, and "make it much easier for unions to organize."

By Chris O'Malley

6 minute read

August 28, 2023 | Corporate Counsel

2023 GC Compensation Survey: Pay Rises, but So Does Friction With Shareholders

Legal chiefs of tech companies led the pack, even though that industry last year was wracked by turmoil, including mass layoffs.

By Chris O'Malley

8 minute read

August 25, 2023 | Corporate Counsel

Saying 'Ja' to Transfer Pays Off for BMG Legal Veteran

A year after relocating from Los Angeles to BMG's Berlin headquarters, Tony Abner is taking the legal reins of the world's fourth-largest music company.

By Chris O'Malley

2 minute read

August 24, 2023 | Corporate Counsel

Complexity Galore: New Merger Guidelines Will Add to M&A Uncertainty

"The draft guidelines would fundamentally remake how the agencies analyze potential mergers and antitrust violations," the Committee on Capital Markets Regulation said in a letter to the FTC and DOJ.

By Chris O'Malley

6 minute read

August 21, 2023 | Corporate Counsel

CLO Cashes Out at ATM-Maker Diebold; Replacement Punches In

After guiding the manufacturer through bankruptcy, Jonathan Leiken is passing the legal reins to veteran Diebold attorney Elizabeth "Lisa" Radigan, whom he called "brilliant, caring and a wise teacher of the law."

By Chris O'Malley

3 minute read