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November 08, 2024 | Law.com

Inside Track: How 2 Big Financial Stories—an Antitrust Case and a Megamerger—Became Intertwined

At issue is whether Discover's underperforming digital payments network would have the muscle to challenge Visa's dominance of the payments industry if regulators OK its merger with Capital One.
6 minute read
November 07, 2024 | Corporate Counsel

Trump Likely to Keep Up Antitrust Enforcement, but Dial Back the Antagonism

"I would expect there'll be less aggressiveness. This administration has been hyper-aggressive. Even if you dial it back to a normal level, that'll be a change," corporate governance expert Charles Elson said.
5 minute read
November 07, 2024 | Corporate Counsel

A Blueprint for Targeted Enhancements to Corporate Compliance Programs  

The DOJ recently updated the Evaluation of Corporate Compliance Programs to direct prosecutors who are considering charges or resolutions to assess how a company addresses, among other topics, disruptive technologies and AI, self-disclosure initiatives, and the compliance function's access to corporate data.
7 minute read
November 07, 2024 | Corporate Counsel

What to Expect From the SEC Under Trump 2.0

"While the issues of what's in the best interest of an investor will continue to be important, we won't see as much energy put behind trying to expand those obligations beyond the regulatory frameworks that already exist," said Jennifer Klass, a partner at K&L Gates.
5 minute read
November 06, 2024 | Corporate Counsel

FTC Sues Cash-Advance Fintech Dave, Says It Deceives the 'Financially Vulnerable'

The Los Angeles-based company defended its business practices and called the enforcement action "regulatory overreach."
4 minute read
November 06, 2024 | National Law Journal

What's Next for Crypto Litigators With a Trump Administration

"This industry is going to thrive now," said Teresa Goody Guillén, a partner at Baker & Hostetler. "The election just changes as to what legal services are needed."
4 minute read
November 06, 2024 | Corporate Counsel

As EV Startup Canoo Starts to Sink, Legal Chief Heads for Dry Land

The Justin, Texas-based company, which sold only 22 EVs in 2023, has promoted associate general counsel Sean Yan to succeed general counsel Hector Ruiz.
3 minute read
November 06, 2024 | Corporate Counsel

Trump Win Ignites Global Legal Market: Lawyers Prepare for High Demand and Uncertainty

Trade tensions are expected to increase as Donald Trump seeks to unleash a slew of tariffs during his second term as U.S. president.
7 minute read
November 06, 2024 | Corporate Counsel

How Dana Rao Built a 'Yes' Culture at Adobe and Why He Walked Away

When Dana Rao became general counsel of Adobe six years ago, he said he set out to recast the culture of a legal department known as a place where "good ideas go to die."
7 minute read
November 06, 2024 | Corporate Counsel

Discover Hires Interim Legal Chief as $35B Sale to Capital One Faces New Hurdles

Discover had hoped to complete its sale before Hope Mehlman exits as legal chief Nov. 27. But Capital One recently acknowledged that completing the deal this year is no longer a possibility.
4 minute read