March 28, 2024 | Corporate Counsel
Child Labor Probe Hammers Tennessee Factory, Highlighting Risks to Employers From Feds' Stepped-Up EnforcementThe Department of Labor fined Morristown, Tennessee-based Tuff Torq $296,951 and secured a court order requiring it to disgorge $1.5 million—a month of profits—after a January inspection found 10 illegally employed children as young as 14 subjected to "oppressive" conditions.
By Chris O'Malley
6 minute read
March 26, 2024 | Corporate Counsel
Red Lobster GC-Turned-CEO Retires as Chain Owner Casts for BuyerRed Lobster has found itself in hot water financially in recent years. losing more than $22 million last year, according to an industry trade publication.
By Chris O'Malley
3 minute read
March 26, 2024 | Corporate Counsel
TV Legal Ads Proving Useful Radar for Next Big Mass Tort CategoriesTracking television legal ads that solicit plaintiffs for mass torts can give general counsel early warning of new trends and gauge the plaintiffs' bar's appetite in product litigation categories.
By Chris O'Malley
5 minute read
March 25, 2024 | Corporate Counsel
JetBlue Legal Chief's Pay Took Flight in 2023, Even as Challenges Grounded Airline's StockGeneral counsel Brandon Nelson received more in compensation in 2023 than he did in 2019 through 2022 combined, the company's proxy statement shows.
By Chris O'Malley
2 minute read
March 25, 2024 | Corporate Counsel
Rise of the Influencers Puts In-House Legal in the Hot Seat"Coming from an in-house perspective, the last thing you want is a letter on your desk from the government that is entitled 'Notice of Proposed Penalty Offense,'" said Sarah La Voi, a partner at Baker & Hostetler.
By Chris O'Malley
6 minute read
March 21, 2024 | Corporate Counsel
DOJ Files Antitrust Lawsuit Against Apple, Escalating War on Big Tech"We allege that Apple has maintained monopoly power in the smartphone market, not simply by staying ahead of the competition on the merits, but by violating federal antitrust law," Attorney General Merrick Garland said Thursday.
By Chris O'Malley
3 minute read
March 19, 2024 | Corporate Counsel
Legal Chiefs Snaring Hefty Golden Parachutes as Merger Activity Perks Up"I think there is a point that they become so large that they encourage executives to take the deal, regardless of whether it is in the best interests of the shareholders," said Cindy Schipani, a professor of business law at the University of Michigan.
By Chris O'Malley
4 minute read
March 15, 2024 | Corporate Counsel
'Grinch' Counsel Starts New Chapter as VP of LegalDr. Suess Enterprises gave a promotion to five-year employee Nicole Gates, the company's first in-house attorney, and brought on Michael Lancaster as corporate counsel.
By Chris O'Malley
2 minute read
March 14, 2024 | Corporate Counsel
Krispy Kreme CLO Negotiates Exit Package, Will Leave in JuneCatharine Tang took the legal reins of the doughnut purveyor in 2020 after climbing the legal rungs at Yum Brands for nearly two decades.
By Chris O'Malley
3 minute read
March 13, 2024 | Corporate Counsel
Super-Stringent State Health Privacy Law May Spark Similar Statutes ElsewhereThe complexity of complying with the new Washington state law is expected to lead to a flood of lawsuits from plaintiffs lawyers.
By Chris O'Malley
5 minute read
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