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January 10, 2025 | Corporate Counsel

Meta Pulls Plug on DEI Programs

"The term 'DEI' has also become charged, in part because it is understood by some as a practice that suggests preferential treatment of some groups over others," Meta said in a memo to employees.
4 minute read
January 10, 2025 | National Law Journal

DOJ Files Antitrust Suit to Block Amex GBT's Acquisition of Competitor

The deal would mark Amex GBT’s fifth acquisition of a travel management company since 2018 and would substantially harm competition in the industry, DOJ stated.
3 minute read
January 10, 2025 | Corporate Counsel

American Airlines Legal Chief Departs for Warner Bros. Discovery

Priya Aiyar joined American in 2019, just before COVID-19 walloped the entire airline industry.
4 minute read
January 10, 2025 | New Jersey Law Journal

An AG Just Specified How AI Could Get You in Hot Water

As an example, the advisory cited decision-making tools used by the U.S. Internal Revenue Service to select individuals to audit for under-reporting their tax liability.
6 minute read
January 10, 2025 | Corporate Counsel

SEC Puts Beat Down on Ex-Wrestling CEO Vince McMahon for Not Reporting Settlements

"In the end, there was never anything more to this than minor accounting errors with regard to some personal payments that I made several years ago when I was CEO of WWE," McMahon said on social media.
3 minute read
January 10, 2025 | Corporate Counsel

Meta Hires Litigation Strategy Chief, Tapping King & Spalding Partner Who Was Senior DOJ Official in First Trump Term

The appointment comes as an antitrust trial looms that could lead to the breakup of the tech giant.
4 minute read
January 09, 2025 | The Recorder

From CLO to President: Kevin Boon Takes the Helm at Mysten Labs

“The deeper you employ yourself in the company’s business matters, it helps you become a trusted confidant to everybody on the team,” said Kevin Boon, a seasoned corporate counsel attorney who is now president of Mysten Labs.
4 minute read
January 09, 2025 | Corporate Counsel

Turning Over Legal Tedium to AI Requires Lots of Unglamorous Work on Front End

"Keep humans in the loop. Don't let the machines fully call the shots. Understand why they are making the recommendations they are making," Anthropic Deputy General Counsel Mark Pike said.
6 minute read
January 09, 2025 | Corporate Counsel

The Met Hires GC of Elite University as Next Legal Chief

The New York City cultural institution said it conducted an extensive national search for a successor to Sharon Cott, who is retiring.
3 minute read
January 09, 2025 | Daily Report Online

Supreme Court Takes Up the Corporate Transparency Act: Recent Litigation and Potential Next Steps

Federal courts in the U.S. Court of Appeals for the Fifth Circuit issued a series of back-and-forth orders that left many observers with whiplash. The court orders involved the Corporate Transparency Act, a law that had a looming deadline of Jan. 1, 2025.
15 minute read