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Michael W Peregrine

Michael W Peregrine

January 27, 2021 | Corporate Counsel

The Lasting Message to Chief Legal Officers From the Challenger Disaster

The Challenger anniversary offers a substantive, practical message that is as relevant today as it was 35 years ago. And it's a message about the enduring importance of risk management and compliance processes; the value they bring to project development when thoughtfully structured, and the harm they can create when carelessly ignored.

By Michael W. Peregrine

5 minute read

December 11, 2020 | Corporate Counsel

Supporting the CEO's Public Profile on Controversial Issues: Positioning the CLO To Provide Practical Advice

In a subtle shift from historical practice, CEOs across industry sectors have, in the last year, demonstrated a greater willingness to take public positions on public policy issues and related concerns. Yet such public positioning is not without significant reputational, performance and perhaps legal risk to the CEO and to the company.

By Michael W. Peregrine

6 minute read

November 10, 2020 | Corporate Counsel

Workforce Culture Really Is Board's Responsibility; CLO Has Related Role to Play

In his monthly column, Michael W. Peregrine discusses new research that calls on boards to understand that their responsibility should also include objectives such as inclusion and diversity, health and safety, and workforce reduction plans.

By Michael W. Peregrine

5 minute read

September 24, 2020 | Corporate Counsel

Why GCs Will Appreciate the Governance Recommendations in Kodak Independent Counsel Report

The report serves to support the oft-referenced link between effective governance practices and legal compliance. As a result, it is worthwhile reading for the corporate general counsel.

By Michael W. Peregrine

6 minute read

September 09, 2020 | Corporate Counsel

Two Timely Governance Topics for Upcoming Board Meetings

Two important governance issues for agenda consideration relate to the company's possible commitment to principles of stakeholder capitalism, and to consideration of possible governance "lessons learned" from the pandemic.

By Michael W. Peregrine

6 minute read

July 13, 2020 | Corporate Counsel

Corporate Compliance Lessons Abound From Navy's Report on the USS Theodore Roosevelt

This latest chapter in the Roosevelt saga should prompt some important introspection by the general counsel, the compliance officer and others with responsibility for organizational ethics and legal compliance.

By Michael W. Peregrine

7 minute read

May 21, 2020 | Corporate Counsel

Integrating Risk, Legal and Compliance Functions in Large Corporations

Boeing's recent decision to assign its new chief legal officer the responsibility for both global compliance and the law department reflects an emerging interest in integrating the risk, legal, compliance and ethics functions in large corporations.

By Michael W. Peregrine

6 minute read

April 03, 2020 | Corporate Counsel

The GC's Role in Managing the Board/Management Dynamic During Times of Crisis

Crises such as the current pandemic present significant, novel challenges for the company's general counsel, including but not limited to helping to manage the board/management dynamic.

By Michael W. Peregrine

5 minute read

January 27, 2020 | Corporate Counsel

Key Governance Lessons From Baseball's Sign-Stealing Scandal

Baseball may be America's pastime, but it's also providing valuable lessons on corporate governance. For the current sign-stealing scandal underscores the importance of board oversight of an organizational culture of integrity, and the risks that can arise when such culture is lacking.

By Michael W. Peregrine

5 minute read

October 22, 2019 | Corporate Counsel

The Whistleblower's Renewed Connection to Corporate Governance

The current CIA whistleblower controversy in Washington, D.C. offers just that—an opportunity to remind the board of its important oversight obligations with respect to the company's whistleblower process.

By Michael W. Peregrine

5 minute read