November 17, 2023 | Corporate Counsel
Online Ed Pioneer Gives CLO the Added Role of CFO Amid Shakeup2U Inc., once a stock-market darling, has seen investors flee amid steep losses.
By Chris O'Malley
4 minute read
November 17, 2023 | Corporate Counsel
Engaged and Agile, United Airlines' Legal Department Lands Top Honors"When you've been in the foxhole together, you kind of tighten up the team and everyone fought out of it together," said Robert Rivkin, United chief legal officer.
By Chris O'Malley
6 minute read
November 15, 2023 | Corporate Counsel
Lawyer Who's Persevered for 17 Years at Fannie Mae Rewarded With GC PostDanielle McCoy is taking the legal reins of the mortgage-financing giant, which has 8,000 employees and assets of $4.3 trillion. He succeeds Terry Theologides, who became chief administrative officer.
By Chris O'Malley
2 minute read
November 15, 2023 | Corporate Counsel
Ex-Pet IQ Legal Chief Sentenced to Community Service After Domestic-Battery ConvictionThe pet retailer fired Robert Michael Herrman after prosecutors hit him with a felony attempted-strangulation charge. They later reduced the charge to a much-less-serious misdemeanor.
By Chris O'Malley
3 minute read
November 14, 2023 | Corporate Counsel
PetIQ's Fired GC Pleads Guilty in Domestic Dispute After Prosecutors Drop FelonyThe June incident in suburban Boise cost Robert Michael Herrman his job. But his future brightened last week after prosecutors dropped a felony attempted-strangulation charge that was punishable by up to 15 years in prison.
By Chris O'Malley
3 minute read
November 10, 2023 | The American Lawyer
Associate Pay Raises Escalate GC Fears of Billing Rate HikesSome GCs are voicing concerns about further rate hikes after associate pay raises. But Milbank's chair said the salary raises wouldn't have a material effect on its billing rate decisions in the future.
By Andrew Maloney | Chris O'Malley
5 minute read
November 09, 2023 | Corporate Counsel
FDA Plan for Reviewing AI-Enabled Medical Devices Isn't Quite Computing"I think the FDA is struggling to get its arms around how to regulate it," said Kyle Faget, a partner at Foley & Lardner. "We're really in the nascent stage with AI."
By Chris O'Malley
5 minute read
November 08, 2023 | Corporate Counsel
Target Calls Conservative Groups' ESG Lawsuit Bogus, Seeks Dismissal"Ultimately, plaintiff's grievance is not with Target's disclosures, but with its business decisions," the company's lawyers wrote in their motion to dismiss.
By Chris O'Malley
5 minute read
November 07, 2023 | Corporate Counsel
23andMe Breach Compounded by Theft of Ethnicity Data"We understand that the 23andMe breach has resulted in the targeted exfiltration and sale on the black market of at least one million data profiles pertaining to individuals with Ashkenazi Jewish heritage," Connecticut Attorney General William Tong wrote in a letter to the company.
By Chris O'Malley
7 minute read
November 03, 2023 | Corporate Counsel
Feds Putting Squeeze on Federal Contractors for Hiring Disparities"It really pays off to take that time and train anyone who has a hand in the hiring process," said Nancy Van der Veer Holt, a partner at FordHarrison.
By Chris O'Malley
6 minute read
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