April 30, 2024 | Corporate Counsel
3 Orthofix Execs Fired for 'Offensive Conduct' Claim Wrongful Termination, Demand SeveranceEx-Chief Legal Officer Patrick Keran, ex-CEO Keith Valentine and ex-Chief Financial Officer John Bostjancic are fighting back, asserting the company has defamed them.
By Maria Dinzeo
2 minute read
April 30, 2024 | Corporate Counsel
Ex-HP CEO Apotheker Defends Rationale for $11B Autonomy Purchase That Blew UpLeo Apotheker said he relied on Autonomy's financials when he championed the deal. Prosecutors accuse its CEO, Michael Lynch, of fabricating those numbers.
By Maria Dinzeo
8 minute read
April 26, 2024 | Corporate Counsel
TikTok General Counsel Stepping Down to Focus on Fighting BanErich Andersen had held the legal reins of the wildly popular social media app for four years. He previously spent more than two decades at Microsoft.
By Maria Dinzeo
3 minute read
April 26, 2024 | Corporate Counsel
SEC Probing Companies Victimized by Massive MOVEit CyberattackThe agency has dispatched dozens of sweep letters to companies affected by the hack, which compromised the private information of 2,770 organizations and more than 94 million individuals.
By Maria Dinzeo
6 minute read
April 25, 2024 | Corporate Counsel
Sony Pictures Entertainment Hires Disney Lawyer as General CounselCEO Tony Vinciquerra said Jill Ratner will "help us meet the challenges of a rapidly evolving industry landscape and to capitalize on opportunities for growth."
By Maria Dinzeo
3 minute read
April 24, 2024 | Corporate Counsel
Challenges to Noncompete Ban Already Hitting Courts, Setting Up Showdown Over FTC's Powers"If you take this to its natural extension, the FTC is invalidating hundreds and hundreds of years of a common law, of statutes being implemented on this topic," Jason Tremblay, a partner with Saul Ewing, said.
By Maria Dinzeo
6 minute read
April 24, 2024 | Corporate Counsel
Dutch Grocery Giant Hires CLO for Sprawling US EmpireKim Lyda is taking the legal reins of Ahold Delhaize USA, whose more than 2,000 groceries operate under such brands as Food Lion, Giant Food and Stop & Shop.
By Maria Dinzeo
2 minute read
April 22, 2024 | Corporate Counsel
FTC Fights $8.5 Billion Fashion Merger, Saying It Would Lift Prices, Hurt WorkersThe deal, announced in August, would combine Tapestry's Coach, Stuart Weitzman and Kate Spade brands with Capri Holdings' Michael Kors, Jimmy Choo and Versace labels.
By Maria Dinzeo
3 minute read
April 22, 2024 | Corporate Counsel
CLO to Retire After Helping Auto Dealership Giant Triple RevenueGeorge Villasana is giving up the legal reins of Asbury Automotive after helping it complete one of the biggest dealership buyouts in history—the $1.2 billion purchase of Tim Koons Automotive in Washington, D.C.
By Maria Dinzeo
3 minute read
April 19, 2024 | Corporate Counsel
Ex-GC of Autonomy Says Accounting Turned Odd Before $11B Sale to HPJoel Scott, the former general counsel of the U.K.-based tech company Autonomy's U.S. division, took the stand Thursday in the fraud trial of former Autonomy CEO Mike Lynch, accused of padding his company's revenue to dupe HP into the purchase.
By Maria Dinzeo
10 minute read
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