February 28, 2024 | Corporate Counsel
New Test for OT Eligibility Rife With Land Mines for EmployersWith the new independent contractor standard, the U.S. Department of Labor is "essentially putting their thumb on the scale to encourage a finding of employment," Baker & Hostetler partner Todd Lebowitz said.
By Chris O'Malley
5 minute read
February 27, 2024 | Corporate Counsel
Broadcom CLO's Pay Topped $15M in Year Capped With $61B AcquisitionMark Brazeal closed 2023 on a high note, with the company finally closing on its $61 billion acquisition of VMware, the largest deal of the year.
By Chris O'Malley
2 minute read
February 26, 2024 | Corporate Counsel
Labor Ruling Against Home Depot Opens Door to More Political Activism in WorkplaceAntonio Morales resigned from the home improvement retailer in 2020 after it told him to remove "BLM" from his apron. The National Labor Relations Board found Morales was within his rights to display it.
By Chris O'Malley
4 minute read
February 23, 2024 | Corporate Counsel
Tesla Tries to Halt EEOC Suit, Citing 'Unseemly, Toxic Interagency Competition'The automaker argues that the racial discrimination lawsuit suffers from "factual vacuity." Separately, it has asked the court to stay the case, asserting the agency skipped a required "conciliation" process in a mad rush to to outshine the California Civil Rights Department, which had filed its own suit.
By Chris O'Malley
5 minute read
February 21, 2024 | Corporate Counsel
'Reckless and Negligent': Ousted CEO's Caustic Email Underscores Perils of Giving Top Brass the BootThe Planet Fitness board in September removed Chris Rondeau as CEO but said he would remain on the board. Rondeau now has resigned as director and sent the board a parting message lamenting the direction of the company.
By Chris O'Malley
5 minute read
February 20, 2024 | Corporate Counsel
Financial Giants Exit Climate Initiative, Fearing Collusion AllegationsBlackRock, JPMorgan Asset Management an State Street Global Advisors are withdrawing from Climate Action 100+ as it moves from encouraging companies to disclose net zero plans to pressuring them to cut emissions.
By Chris O'Malley
3 minute read
February 20, 2024 | Corporate Counsel
State AGs Emerge as New Antitrust Hurdle for Health Care MergersConcerns that transactions raise consumer prices and reduce access to care have sparked the state-level scrutiny, a new headache for dealmakers already facing headwinds at the federal level.
By Chris O'Malley
5 minute read
February 15, 2024 | Corporate Counsel
FTC Scrutinizing Volume Discounts in Pharma, Using Dormant Law It Could Apply to Other Industries"Sellers in every industry should monitor these developments to see how the agency's enforcement priorities evolve and are treated by the courts, so they can calibrate their compliance policies accordingly," said Mary Kaiser, a Morrison & Foerster partner.
By Chris O'Malley
4 minute read
February 15, 2024 | Corporate Counsel
GC's Signature Deal Under Assault by Boeing Critics"The promises Boeing made" in its deferred prosecution agreement "are hollow," said Paul Cassell, a University of Utah criminal law professor representing families of 737 Max crash victims.
By Chris O'Malley
7 minute read
February 13, 2024 | Corporate Counsel
Online Retailers Frustrated That FTC Fake-Review Ban Would Give Tech Giants a PassHindering the agency's efforts to crack down on shady reviews is Section 230 of the Communications Decency Act of 1996, which provides online platform with immunity to claims stemming from third-party content.
By Chris O'Malley
4 minute read
Trending Stories