March 19, 2024 | Corporate Counsel
Legal Chiefs Snaring Hefty Golden Parachutes as Merger Activity Perks Up"I think there is a point that they become so large that they encourage executives to take the deal, regardless of whether it is in the best interests of the shareholders," said Cindy Schipani, a professor of business law at the University of Michigan.
By Chris O'Malley
4 minute read
March 15, 2024 | Corporate Counsel
'Grinch' Counsel Starts New Chapter as VP of LegalDr. Suess Enterprises gave a promotion to five-year employee Nicole Gates, the company's first in-house attorney, and brought on Michael Lancaster as corporate counsel.
By Chris O'Malley
2 minute read
March 14, 2024 | Corporate Counsel
Krispy Kreme CLO Negotiates Exit Package, Will Leave in JuneCatharine Tang took the legal reins of the doughnut purveyor in 2020 after climbing the legal rungs at Yum Brands for nearly two decades.
By Chris O'Malley
3 minute read
March 13, 2024 | Corporate Counsel
Super-Stringent State Health Privacy Law May Spark Similar Statutes ElsewhereThe complexity of complying with the new Washington state law is expected to lead to a flood of lawsuits from plaintiffs lawyers.
By Chris O'Malley
5 minute read
March 11, 2024 | Corporate Counsel
Weight-Loss-Drug Craze Pumps Up Pay for Lilly GCAnat Hakim joined Lilly in 2020, just before the company's stock began a long ascent that has more than quadrupled its value—pushing the company's market capitalization past Tesla's.
By Chris O'Malley
2 minute read
March 08, 2024 | Corporate Counsel
Ex-Director Blasts Trucking Company Over Resignation Disclosure"As a shareholder of Werner Enterprises. I strongly believe an immediate course correction towards a shareholder focus is urgently needed to get the Company and its stock moving in the right direction." former Werner Enterprises director Vikram Mansharamani said in a letter to the company this week.
By Chris O'Malley
5 minute read
March 08, 2024 | Corporate Counsel
Head-Spinning Changes to Antitrust Enforcement Forcing Firms to Recalibrate Dealmaking"You see significant enforcement where enforcement is meant to drive policy—policy as far as economic concerns, social concerns and stepping beyond the more traditional realm of merger review," said Peter Julian, a Jones Day partner.
By Chris O'Malley
6 minute read
March 07, 2024 | Corporate Counsel
Academics Shower FTC With Ideas on Where Privacy Enforcement Should HeadFederal Trade Commission Chair Lina Khan says she wants to protect consumers against "unchecked corporate surveillance," a challenge exacerbated by the rise of AI and the proliferation of geolocation data.
By Chris O'Malley
6 minute read
March 06, 2024 | Corporate Counsel
Antitrust Cops Sound Alarm Over Private Equity's Buying Binge in Health Care"In the aggregate, these roll-up plays can eliminate meaningful competition and allow new owners to jack up prices, degrade quality and neutralize rivals without a competitive check," FTC Chair Lina Khan said.
By Chris O'Malley
5 minute read
March 04, 2024 | Corporate Counsel
ESG Schism Breaks Out at Trucking Company as Board Member Quits"I'm not surprised. I think you very well will see more of that. I doubt this will be the only one," corporate governance expert Charles Elson said.
By Chris O'Malley
6 minute read
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