November 01, 2023 | Corporate Counsel
Veteran Defense Industry Attorney Lands CLO Role at Former Forcepoint UnitRaytheon in-house veteran James Wallace is taking the legal reins of G2CI, which has hired its own management team now that it operates as a stand-alone business.
By Chris O'Malley
3 minute read
October 31, 2023 | Corporate Counsel
CLO Sues for Wrongful Termination, Says Company Broke SEC Rules, Maligned MinoritiesMichael Arouh said gaming software maker Gan Ltd. fired him because of his "insistence on following his legal duties and his unwillingness to bend the law for defendants."
By Chris O'Malley
4 minute read
October 27, 2023 | Corporate Counsel
FTC Suit Against Firm That's Not a Probe Target Reflects Rising Tensions Over Agency's Sweeping Document Demands"What this is a sign of is the FTC is unlikely to back down when they don't receive information," Jamillia Ferris, a partner at Freshfields Bruckhaus Deringer, said.
By Chris O'Malley
4 minute read
October 24, 2023 | Corporate Counsel
SEC Triggers Alarm Bells by Probing Separation Agreements That Discourage WhistleblowingThe agency unleashed a $10 million civil fine in one recent case, and went after a private company for the first time in another.
By Chris O'Malley
5 minute read
October 19, 2023 | Corporate Counsel
Cisco CLO's Pay Falls but Stays in Elite TerritoryDev Stahlkopf had been general counsel at Microsoft before taking the legal reins at the computer-networking giant in August 2021. Cisco sweetened her arrival with a $2.2 million signing bonus.
By Chris O'Malley
2 minute read
October 17, 2023 | Corporate Counsel
Kirkland, Rite Aid's Bankruptcy Counsel, Vilifies Drug Supplier, Says Its Walking Away Would 'Put Millions of Lives at Risk'The pharmacy chain says McKesson claims to have canceled its drug-supply contract, a move Rite Aid calls a negotiating ploy that uses the well-being of its pharmacy customers as a bargaining chip.
By Chris O'Malley
5 minute read
October 17, 2023 | Corporate Counsel
Subjective Aspects of FTC's 'Junk Fee' Rule Likely to Cause Legal Departments Fits"I think this just opens the door to a tremendous amount of litigation," Clark Hill member Joanne Needleman said.
By Chris O'Malley
6 minute read
October 16, 2023 | Corporate Counsel
EEOC Lawsuits Alleging Disability Discrimination Spiked 77% in Just-Completed Fiscal YearGiven the Americans with Disabilities Act's complexity, "it can really be the Achilles' heel for employers," Seyfarth Shaw partner Christopher DeGroff said.
By Chris O'Malley
5 minute read
October 12, 2023 | Corporate Counsel
Soft Skills, and Getting Noticed, Are Among Musts for Aspiring GCs"Don't be intimidated," Cengage Group legal chief Laura Stevens said during a webinar on how to make general counsel. To have the requisite experience and qualities in some job listings, "you'd have to be 250 years old," she joked.
By Chris O'Malley
5 minute read
October 11, 2023 | Corporate Counsel
Antitrust Regulators Poised to Pounce on Industrywide ESG CollaborationsSuch efforts, which often involve reducing environmental impact, are becoming higher risk as federal regulators alter rules and red-state attorneys general crusade against ESG.
By Chris O'Malley
6 minute read
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