August 28, 2023 | Corporate Counsel
2023 GC Compensation Survey: Pay Rises, but So Does Friction With ShareholdersLegal chiefs of tech companies led the pack, even though that industry last year was wracked by turmoil, including mass layoffs.
By Chris O'Malley
8 minute read
August 25, 2023 | Corporate Counsel
Saying 'Ja' to Transfer Pays Off for BMG Legal VeteranA year after relocating from Los Angeles to BMG's Berlin headquarters, Tony Abner is taking the legal reins of the world's fourth-largest music company.
By Chris O'Malley
2 minute read
August 24, 2023 | Corporate Counsel
Complexity Galore: New Merger Guidelines Will Add to M&A Uncertainty"The draft guidelines would fundamentally remake how the agencies analyze potential mergers and antitrust violations," the Committee on Capital Markets Regulation said in a letter to the FTC and DOJ.
By Chris O'Malley
6 minute read
August 21, 2023 | Corporate Counsel
CLO Cashes Out at ATM-Maker Diebold; Replacement Punches InAfter guiding the manufacturer through bankruptcy, Jonathan Leiken is passing the legal reins to veteran Diebold attorney Elizabeth "Lisa" Radigan, whom he called "brilliant, caring and a wise teacher of the law."
By Chris O'Malley
3 minute read
August 18, 2023 | Corporate Counsel
Companies 'Throwing Up Hands' as DEI Risks LoomSome efforts have been overzealous to the extent they could be viewed as giving a discriminatory preference for a particular minority or group. "I thought, 'Holy cow, where was their in-house counsel on this? Where was their outside counsel?'" Shawe Rosenthal lawyer Fiona Ong recalled about one particularly egregious case.
By Chris O'Malley
5 minute read
August 15, 2023 | Corporate Counsel
Anti-DEI Suit Against Starbucks Goes Down Drain, But Other Suits Likely"The use of shareholder lawsuits in this space is a real stretch. But I expect they will keep coming," Jason Schwartz, a partner at Gibson, Dunn & Crutcher, said.
By Chris O'Malley
3 minute read
August 14, 2023 | Corporate Counsel
FDA Seeks to Toss Lawsuit From Company Lawyer Seeking Anonymity in Facility-Inspection ReportThe attorney argues that being linked to the report, which stems from 20 FDA site visits in the spring of 2022, could cause reputational harm and derail the attorney's career.
By Chris O'Malley
4 minute read
August 10, 2023 | Corporate Counsel
'Divisive and Extreme': Lawsuit Assailing Target's ESG Agenda Shows How Dicey Topic Has Become"Target's ESG and DEI mandates align with one end of the political spectrum: the left," according to a shareholder lawsuit filed this week.
By Chris O'Malley
7 minute read
August 08, 2023 | Corporate Counsel
Unisys Taps Fast-Rising ITT Lawyer as New General CounselThe information technology services provider handed the legal reins to Kristen Prohl, who spent more than a decade in-house at Starwood Hotels before taking senior roles at CA Technologies, AIG and ITT.
By Chris O'Malley
2 minute read
August 08, 2023 | Corporate Counsel
Shareholder Support for ESG Proposals Plunges as Subject Becomes ToxicThe voting occurred this spring as ESG critics stepped up their attacks on what they derisively call "woke" capitalism.
By Chris O'Malley
3 minute read
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