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December 11, 2024 | Corporate Counsel

Visa CLO-Turned-Vice Chair Seeing Payoff From Expanded Role

Kelly Mahon Tullier is among a legion of U.S. executives in recent years who have used their legal chief posts as a springboard to broader roles.
3 minute read
December 11, 2024 | Corporate Counsel

Trump Names FTC Chair Who's Been Thorn in Side of Lina Khan

President Donald Trump said Andrew Ferguson "has a proven record of standing up to Big Tech censorship. and protecting Freedom of Speech in our Great Country."
5 minute read
December 11, 2024 | Corporate Counsel

Recent CEO Shooting Tragedy a Reminder for Corporate Risk Assessment and Incident Response Plans

Given the current state of affairs as well as the overall framework for corporate and director and officer liability, corporations would also do well to ensure they conduct robust risk assessments of officer security and prepare incident response plans to follow in the event the unthinkable happens—whether at a company’s headquarters, other onsite locations, or just in general.
7 minute read
December 11, 2024 | Corporate Counsel

Albertsons Gives Up on $25B Merger, Sues Kroger Seeking 'Billions of Dollars'

"Rather than fulfill its contractual obligations to ensure that the merger succeeded, Kroger acted in its own financial self-interest, repeatedly providing insufficient divestiture proposals that ignored regulators’ concerns," Albertsons General Counsel Tom Moriarty said. Kroger called the allegations baseless.
2 minute read
December 10, 2024 | National Law Journal

Federal Judge Grants FTC Motion Blocking Proposed Kroger-Albertsons Merger

"The FTC, along with our state partners, scored a major victory for the American people, successfully blocking Kroger's acquisition of Albertsons," Federal Trade Commission competition director Henry Liu said of a court ruling granting a preliminary injunction.
3 minute read
December 10, 2024 | New York Law Journal

Morgan Stanley Hit With $15M Fine After Advisers Take Millions

The U.S. Securities and Exchange Commission said that Morgan Stanley failed to detect hundreds of unauthorized transfers that occurred between May 2015 and July 2022 and to “reasonably supervise” its employees.
2 minute read
December 10, 2024 | National Law Journal

Manufacturing Group Urges Sweeping Environmental Deregulation in Letter to Trump

“The regulatory onslaught reached a fever pitch during the Biden administration,” the letter stated. “You have the opportunity to tackle this challenge by addressing burdensome regulations that are stifling investment, making us less competitive in the world, limiting innovation and threatening the very jobs we are all working to create right here in America.”
3 minute read
December 10, 2024 | Corporate Counsel

Home Improvement App Thumbtack Hires Ex-SmileDirectClub Legal Chief

Susan Greenspon Rammelt is jumping aboard Thumbtack as it battles such rivals as Angi and Houzz for market share in the huge, but fragmented, home services market.
2 minute read
December 10, 2024 | Corporate Counsel

After Fining Investment Firms Billions for Lost Text Messages, Regulators Turn Scrutiny to Audio Recordings

"Audio continues to be an important form of communications, and you have retain and preserve those communications," said James Sherer, a partner at BakerHostetler.
4 minute read
December 10, 2024 | Law.com

Baker Botts' Biopharma Client Sues Former In-House Attorney, Others Alleging Extortion Scheme

"They look forward to vigorously litigating these matters in a public forum in the coming weeks and months," said Evan Gotlob, a partner at Lucosky Brookman in New Jersey, denying allegations of wrongdoing against the defendants.
5 minute read

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