April 27, 2023 | Corporate Counsel
Shareholder Proposals Put Tech Firms on Human Rights Hot SeatAt the same time, activists also are advocating for reforms on core business issues, such as executive pay and stock structures that give insiders outsized voting rights.
By Chris O'Malley
6 minute read
April 26, 2023 | Corporate Counsel
UK Denial of Microsoft-Activision Merger Bad Sign for Big TechUniversity of Michigan law professor Daniel Crane said the U.K. Competition and Markets Authority "has emerged as a sophisticated and aggressive competition authority on tech issues in particular, and its increasing assertiveness will certainly give M&A lawyers some second thoughts."
By Chris O'Malley
6 minute read
April 20, 2023 | Corporate Counsel
New ESG Reporting Rules Will Test Disclosure Consistency, GCs SayRegulators are expanding reporting requirements, and non-compliant companies could face financial liabilities.
By Chris O'Malley
4 minute read
April 20, 2023 | Corporate Counsel
Feds Sharpen Antitrust Enforcement, Leaving Companies Fearful of Missteps"There are a lot of landmines," said Patrick Sheller, general counsel for the Latham Group.
By Chris O'Malley
5 minute read
April 18, 2023 | Corporate Counsel
Alphabet Legal Exec Jumps to Biotech Startup That's Raised $532MCynthia Patton is taking the legal reins of a company developing gene-writing technology that's led by a former AbbVie president.
By Chris O'Malley
2 minute read
April 17, 2023 | Corporate Counsel
Coke's Feud with Paul Hastings Highlights Risks of Conflict WaiversThe spat began after Paul Hastings, a longtime law firm for Coca-Cola, hired Cahill Gordon & Reindel attorneys representing SuperCooler in its $100 million lawsuit against the beverage giant. Paul Hastings then took over the representation itself.
By Chris O'Malley
4 minute read
April 14, 2023 | Corporate Counsel
Despite Challenges, Amazon Holding Tight to Exec Pay ApproachAmazon general counsel David Zapolsky received total compensation of $18.2 million in 2022, returning him to the ranks of the nation's highest-paid legal chiefs.
By Chris O'Malley
5 minute read
April 13, 2023 | Corporate Counsel
Amazon GC's Seesaw Compensation Went Way, Way Up in 2022Periodic stock grants account for nearly all executive pay at the e-commerce and cloud-storage giant. A year earlier, general counsel David Zapolsky did not receive a stock grant, leaving him with total compensation of just $163,000.
By Chris O'Malley
2 minute read
April 12, 2023 | Corporate Counsel
Tech Giant Apple, Other Big Firms Face Rising Shareholder Heat Over China RelianceActivists concerned about China's human rights violations and other behavior hope to spur change, and perhaps cause corporate titans to squirm, by pushing shareholder proposals at the companies' annual meetings.
By Chris O'Malley
7 minute read
April 12, 2023 | Corporate Counsel
Bausch + Lomb Replaces Legal Chief Weeks After CEO ChangeBob Bailey is retaking the legal reins of the eye care giant after a decade away. He'll work under recently hired CEO Brent Saunders, whom he formerly worked for at three companies.
By Chris O'Malley
2 minute read
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