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Chris O'malley

Chris O'malley

August 23, 2024 | Corporate Counsel

Fears That ESG Collaborations Will Draw Out Antitrust Cops May Be 'Overblown'

"It is correct that the agencies are somewhat concerned that ESG collaborations can be misused. But in the grand scheme of all the other things that they are worried about it is not a top priority," said Hill Wellford, co-head of Vinson & Elkins' antitrust group.

By Chris O'Malley

5 minute read

August 22, 2024 | Corporate Counsel

2024 Ransomware Payments Poised to Shatter Record, as Gangs Target 'Big Game'

A midyear report by blockchain analysis firm Chainalysis projects the total paid this year will soar past $1 billion again, even though fewer victims are paying. 

By Chris O'Malley

2 minute read

August 21, 2024 | Corporate Counsel

Delta Names New Legal Leader for Wayward On-Demand Travel Business

Wheels Up saw demand soar during the pandemic, as wealthy businesspeople flocked to private aviation and commercial carriers cut flights. But in the latest quarter revenue tumbled 41%.

By Chris O'Malley

3 minute read

August 19, 2024 | Corporate Counsel

KPMG Vice Chair Is Latest Winner in Game of GC Musical Chairs

The domino effects of Michelle Brody's retirement as IBM legal chief continue to unfold, leaving KPMG as the latest firm with a vacancy to fill.

By Chris O'Malley

2 minute read

August 15, 2024 | Corporate Counsel

$2.6M FTC Settlement With Auto Dealer Accused of Racial Bias Reveals Rift Among Commissioners

"By seeking to ... transform the agency into a general civil rights regulator, the commission risks further politicizing the agency's mission," GOP Commissioner Melissa Holyoak wrote.

By Chris O'Malley

5 minute read

August 14, 2024 | Corporate Counsel

More CEOs May Unleash Buyout Offers, Creating Hornet's Nest of Challenges for Boards

23andMe set up an independent board committee and hired legal and financial advisers to work with it after CEO Anne Wojcicki offered to take the company private.

By Chris O'Malley

6 minute read

August 13, 2024 | Corporate Counsel

Longtime Lawyer Lands Front Man Role in Hard Rock's Legal Dept.

Frank Chesky continued to climb the ladder after joining Hard Rock in 2017 to help open the company's Atlantic City casino.

By Chris O'Malley

2 minute read

August 09, 2024 | Corporate Counsel

Fusion Unicorn Hires Legal Chief Once a Dealmaker for Ron Perelman

Edward Taibi spent nearly 17 years at Perelman's MacAndrews & Forbes Inc., leading more than 20 acquisitions and numerous divestitures.

By Chris O'Malley

3 minute read

August 09, 2024 | Corporate Counsel

Disclosure Flip-Flop by Nuclear Reactor Firm Powers Debate Over SEC Reporting Obligations

NuScale Power found itself having to explain why it stated that it did not believe it was under SEC investigation, even though it had been contacted by the agency seven months earlier and asked to provide a trove of information.

By Chris O'Malley | Greg Andrews

6 minute read

August 07, 2024 | Corporate Counsel

Exiting Kraft Heinz Legal Chief Lands at Estée Lauder, Fulfilling Wish for NYC Post

Rashida La Lande will help the 78-year-old cosmetics giant execute a restructuring plan aimed at rebuilding profits following a dismal 2023.

By Chris O'Malley

3 minute read