June 12, 2024 | Corporate Counsel
In $1B Suit, Nikola Founder Says Legal Chief, Other Execs Fed DOJ False Narrative to Save Themselves"Never has there been such an egregious case of corporate scapegoating at the expense of shareholders," former Executive Chair Trevor Milton alleges in the complaint.
By Maria Dinzeo
7 minute read
June 11, 2024 | Corporate Counsel
'Putting My Stamp on It': First GC of Waste-to-Energy Startup Excited to Have Clean Slate"I looked at my career, and I said, 'Do I really want to be general counsel of a portfolio company that's been around for over 100 years?'" said Eric Stein, general counsel of Oberon Fuels.
By Maria Dinzeo
6 minute read
June 07, 2024 | Corporate Counsel
In Unredacted Filing, Former Twitter CLO Alleges Musk Bullied Board Ahead of SaleA newly unredacted copy of a complaint against Musk claims his attorney Alex Spiro threatened Twitter's board on Musk's behalf "stating that Musk would pursue the directors until the end of time and would put into his will that his heirs should do the same if the board did not agree to reduce the deal price" for Twitter.
By Maria Dinzeo
6 minute read
June 06, 2024 | Corporate Counsel
Autonomy CEO Acquitted on All Counts in HP Fraud TrialA federal jury on Thursday found the British tech tycoon not guilty of 14 counts of wire fraud and one count of conspiracy.
By Maria Dinzeo
7 minute read
June 06, 2024 | Corporate Counsel
'This Is Your Time': AI Gives In-House Counsel Unprecedented LeverageIn a keynote address at the Legal Innovators conference in San Francisco on Wednesday, industry expert Zach Abramowitz said in-house teams are well-positioned to drive innovation at their companies and disrupt the outside counsel relationship.
By Maria Dinzeo
7 minute read
June 04, 2024 | Corporate Counsel
'Follow the Money': Feds Close Case Against Michael Lynch in HP Fraud Trial"Dr. Lynch essentially testified that he doesn't read his email," Assistant U.S. Attorney Robert Leach told the jury. "There's no reason to think he wasn't paying attention."
By Maria Dinzeo
7 minute read
June 03, 2024 | Corporate Counsel
Skydance Hires Legal Exec as Upstart Shakes Up Hollywood With Paramount MergerJean Chi has resigned from a key role at Spotify to become president of global business and legal affairs for Skydance.
By Maria Dinzeo
2 minute read
June 03, 2024 | Corporate Counsel
Feds Using Data Analytics to Turbocharge Insider Trading Enforcement"There are very powerful tools out there that the government is using, and they're clearly going to get better and better," said Shannon Eagan, a partner at Cooley.
By Maria Dinzeo
5 minute read
May 31, 2024 | Corporate Counsel
AI Startups Rely on Tech Giants Even as They Fear Their Dominance, Complicating Antitrust Debate"We need to partner with hyper-scalers for computing, for distribution, for almost everything. And if we cannot do that, there is a risk that we just do not exist," said Blanche Savary de Beauregard, general counsel at the AI startup Mistral.
By Maria Dinzeo
6 minute read
May 30, 2024 | Corporate Counsel
Autonomy CEO Downplays Panicked Emails, Denies Firm Was Tanking Before $11B Sale to HP"What we're looking at is the sausage-making that goes into every quarter and the stress that goes into sales," Autonomy CEO Michael Lynch said of internal emails expressing alarm about the company's progress closing deals.
By Maria Dinzeo
6 minute read
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