July 21, 2023 | Corporate Counsel
Ethics, Compliance Getting Pushed to Margins Amid Other Corporate PressuresA new risk-and-compliance report based on a survey of 1,300 respondents globally found "every measure for middle management's commitment to compliance moving in the wrong direction."
By Chris O'Malley
3 minute read
July 20, 2023 | Corporate Counsel
Regulator's Proposed $8 Cap on Credit Card Late Fees Ignites Howls of OverreachPresident Biden for months has been blasting "junk fees." So the industry expected a proposal. But what came is "far more radical than anyone anticipated," Ballard Spahr wrote in a client advisory.
By Chris O'Malley
6 minute read
July 18, 2023 | Corporate Counsel
Lina Khan's Antitrust Losses Cast Doubt on Her 'Sue, Don't Settle' Philosophy"So long as she continues to promote the same goals she has promoted in the past," University of Washington law professor Douglas Ross said, "she's going to get the same negative results."
By Greg Andrews | Chris O'Malley
8 minute read
July 17, 2023 | Corporate Counsel
Aspartame Study Results May Take Fizz Out of Push to File Tsunami of Suits"Proving that any particular plaintiff's cancer was caused by aspartame, as distinguished from the many other possible causes, could prove to be an insuperable obstacle to recovery," said Kenneth Abraham, a University of Virginia law professor.
By Chris O'Malley
4 minute read
July 13, 2023 | Corporate Counsel
GC-in-Waiting Takes Legal Reins at Northrop Grumman, Achieving Career GoalKathryn Gilchrist Simpson, who a decade ago said she aspired to be a defense-industry legal chief, is getting that opportunity at Northrop Grumman with the retirement of her boss, Sheila Cheston.
By Chris O'Malley
3 minute read
July 13, 2023 | Corporate Counsel
Regulators Swarm Around Payment Apps, Raising Fears of Enforcement SpreeAmong the concerns highlighted by the Consumer Financial Protection Bureau is that consumers may not understand that most accounts are not covered by deposit insurance.
By Chris O'Malley
6 minute read
July 11, 2023 | Corporate Counsel
New FDA Guidance on Psychedelics Research Helps Set Legal Framework for Nascent Field"You're talking about using a drug substance that previously the government said has no medical purpose. ... What they don't want to have is people doing it in their garage," said Michael Werner, a partner at Holland & Knight.
By Chris O'Malley
6 minute read
July 07, 2023 | Corporate Counsel
Boardroom Battles Hurl GCs Into Ethical MazeA GC with concerns about the CEO has a duty to bring those to the board, "which can be a little scary, especially if the board continues to support the CEO, as is often the case," said Cassandra Burke Robertson, a professor at Case Western Reserve University School of Law.
By Chris O'Malley
6 minute read
July 06, 2023 | Corporate Counsel
New UAW President Fires Outside Law Firm After Axing GCBusiness professor Erik Gordon said union chief Shawn Fain needs to ensure his combative style doesn't translate into a lack of cooperation with investigators. "He is playing with fire," Gordon said.
By Chris O'Malley
4 minute read
July 05, 2023 | Corporate Counsel
Workplace Reverse-Discrimination Claims Likely to Surge in Wake of Supreme Court Ruling"We have recently seen an uptick in such challenges, and that trend may well accelerate in light of the Supreme Court's analysis and the media attention it has received," said Christopher Collins, a partner at Sheppard Mullin.
By Chris O'Malley
6 minute read
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