September 25, 2023 | Corporate Counsel
Fast-Growing Lazy Dog Restaurant Chain Hires Ex-Bloomin' Brands VP as Legal ChiefThe family-run company has expanded from 12 restaurants to 44 since a private equity firm invested in the business a decade ago.
By Chris O'Malley
2 minute read
September 21, 2023 | Corporate Counsel
AI Startup Dismisses GC Amid Cash Crunch Just 1 Year After Going PublicMichael Will, who gave up his in-house job at Thrivent Financial in 2019 to help launch the business, posted on LinkedIn this week that he is looking for work.
By Chris O'Malley
3 minute read
September 19, 2023 | The American Lawyer
Will Innovation Help Law Firms and Clients Control the 'Cost Monster'?Amid rising billing rates, there's fresh optimism that innovation, not only on pricing plans but because of AI-related spending and projects, can lower costs on both sides.
By Andrew Maloney | Chris O'Malley
5 minute read
September 18, 2023 | Corporate Counsel
SEC Slaps Lyft With $10M Fine for Undisclosed Stock Deal Just Before IPOAccording to news reports, the seller of the $424 million in shares was Carl Icahn, and the buyer was George Soros.
By Chris O'Malley
3 minute read
September 15, 2023 | Corporate Counsel
Legal Departments Poised to Go on Tech Spending Spree to Bolster ComplianceA Gartner report projects a 50% increase in spending on governance, risk and compliance technology by 2026—a surge sparked by rising regulatory requirements.
By Chris O'Malley
3 minute read
September 15, 2023 | Corporate Counsel
Strike Will Sting Auto Suppliers, but How Much Depends on Fine Print in Contracts"The automotive supply chain is incredibly resilient, but a strike lasting more than several weeks will likely cause some suppliers to seek bankruptcy protection," said Ann Marie Uetz, a partner at Foley & Lardner.
By Chris O'Malley
4 minute read
September 14, 2023 | Corporate Counsel
Auto Suppliers Aim to Avoid Legal, Financial Mayhem as UAW Strike Looms"The automotive supply chain is incredibly resilient, but a strike lasting more than several weeks will likely cause some suppliers to seek bankruptcy protection," Ann Marie Uetz, a partner at Foley & Lardner, said.
By Chris O'Malley
3 minute read
September 11, 2023 | Corporate Counsel
Ex-Facebook Lawyer Takes Legal Reins of GM-Backed Battery StartupMitra Future Technologies is focusing on North American production and distribution, believing it can overcome the stronghold China currently has in the lithium-ion battery market.
By Chris O'Malley
3 minute read
September 11, 2023 | Corporate Counsel
Antitrust Enforcers Throw Wrench Into M&A by Dusting Off Long-Ignored Governance RuleThe 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