The GC as Geopolitical Soothsayer: How to Help Boards and C-Suites Connect the Dots
"They expect you to teach them, and of course to be the best-informed person in the C-suite," said David Bamlango, general counsel of the Eastern and Southern Africa Trade and Development Bank.
October 07, 2024 at 11:41 AM
5 minute read
In an increasingly fragmented geopolitical and regulatory landscape, the corporate legal chief is increasingly under pressure to anticipate issues and help the C-suite and board connect the dots.
Panelists at the opening session of the Association of Corporate Counsel's annual meeting in Nashville, Tennessee, on Sunday acknowledged that legal chiefs can't be expected to anticipate everything. But they can employ a number of processes to improve intelligence, and at least have processes in place to better respond to a geopolitical event that hits home.
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J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
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Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
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Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
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