May 05, 2021 | Corporate Counsel
Judge Orders Tesla Board to Break Attorney-Client Privilege and Share Elon Musk Compensation DocumentsVice-Chancellor Joseph Slights III agreed with the plaintiff shareholders that a conflict of interest existed between Tesla CEO Elon Musk and the compensation committee. For that reason, the company's board of directors was ordered to turn over communications between Musk and two former in-house attorneys regarding the compensation package.
By Dan Clark
3 minute read
May 04, 2021 | Corporate Counsel
Airline's CLO Total Comp Descended by $1.8 Million During PandemicIn April, the International Air Transport Association reported that the industry had global losses of $126.4 billion. The organization further predicted that the industry will continue to struggle on its flight path back to recovery. The organization predicted global losses of $47.7 billion in 2021.
By Dan Clark
4 minute read
May 03, 2021 | Corporate Counsel
SunPower's New CLO Is Committed to Environmental Justice and a Return of the Office CommuteRegan MacPherson said she was interested in working for SunPower because she had grown increasingly concerned with environmental issues. Once she starting interviewing for the role, she said she was impressed with the executive team and their commitment to ESG issues.
By Dan Clark
4 minute read
April 30, 2021 | National Law Journal
The Vaccine Issues: Here's What Lawyers Are Saying About Corporate Vaccine PoliciesWith vaccines expected to be widely available, here's what corporate lawyers are talking about.
By Dan Clark | Wendy Leibowitz | Phillip Bantz
11 minute read
April 29, 2021 | Corporate Counsel
Corel Corporation Paints a Familiar Face to Lead Its Legal Department"We have such a wide suite of products and we're very global. In the past, the organization has been structured around products and regions. I think some of the organization is changing to structure around function. I think I'm going to have to legal team match that as well," said Connie Chen, chief legal officer of Corel Corp.
By Dan Clark
4 minute read
April 28, 2021 | Corporate Counsel
Diversity Programs That Work: In-House Counsel Discuss How They Staff Their Matters"As a relatively recent transplant into in-house, it is still very fresh for me the direct impact that clients had on my ability to move up from associate to partner," said Keir Gumbs, deputy general counsel at Uber Technologies Inc. "It may not cost a lot for you as an in-house lawyer to express your expectations around these partnerships, but it makes a massive difference."
By Dan Clark
4 minute read
April 28, 2021 | Corporate Counsel
Pages and Pages of Legalese? Time to Simplify Your Compliance and Ethics PoliciesThe report highlights Dell Technologies for moving its ethics and compliance training to a mobile app at the beginning of the pandemic. By enabling a single sign-on, the company reduced the number of human touchpoints by 90%, and showed that employees were able to retain the information from training courses for a longer period of time.
By Dan Clark
4 minute read
April 27, 2021 | Corporate Counsel
IBM In-House Attorney Named General Counsel of New IBM Spinoff"I am thrilled to be joining Kyndryl as General Counsel," Edward Sebold said in a statement to Corporate Counsel. "The opportunity to join this talented leadership team to launch a new, independent company that starts out as a global industry leader is incredible, and I look forward to getting started."
By Dan Clark
2 minute read
April 27, 2021 | Corporate Counsel
From Bedsheets to Balance Sheets, Hospitality Poised for a Slow Comeback"The in-house folks right now are now looking at whether this is going to be a sustained, successful environment," said Craig Ganz, a partner at Ballard Spahr in Los Angeles who works on restructuring matters for restaurants. "They're worried about what the future looks like on a short-term basis."
By Dan Clark
5 minute read
April 26, 2021 | Corporate Counsel
Restructuring a Legal Department Is Always a Challenge, Pandemic or Not"The first thing you have to do is articulate a vision and say 'here is where we're going and this is what it can be,'" said Jason Winmill, managing partner at Agropoint, a corporate law department consulting agency in Boston.
By Dan Clark
4 minute read
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