Cybersecurity Becoming No. 1 Concern for GCs and Directors
The results of a new survey of general counsel and corporate directors, conducted by FTI Consulting and Corporate Board Member, show data-security concerns are now top of mind for corporations.Facebook, Google, Linkedin GCs: Hey, Trust Us, We'll Regulate Ourselves!
At an FTC hearing on privacy, top tech lawyers try to tell the government there should be no rush to protect Internet users with government privacy regulations.Bank Must Pay the Price for Failing to Indemnify Employee
Earlier this month, Miami-Dade Circuit Judge Robert Scola found that Banco Industrial de Venezuela made the wrong choice in refusing to pay the legal costs for its Miami branch manager when she was charged with money laundering. Scola ordered the bank to pay Esperanza de Saad and her criminal defense attorney $3.6 million in indemnification and damages. De Saad was convicted of money laundering, but that verdict was overturned. She later pleaded guilty to illegally structuring financial transactions.Class Actions Top 2012 Workplace Litigation Concerns
A plan to identify and address class action vulnerabilities deserves a place at the top of any general counsel's priorities list for 2012, according to a leading workplace litigation lawyer.Not Out of the Fight: Gen Re's Graham Joins Appeal in AIG Scam Case
Robert Graham, former assistant general counsel at General Reinsurance Corp., unites with other former executives in an appeal to overturn their convictions in an alleged scam to defraud AIG shareholders.WikiLeaks Cyberbrawl a Battle of Amateurs?
The web drama precipitated by WikiLeaks has been called the first 'global cyberwar.' But at closer look it's really more of an amateur brawl ...• ALSO SEE: Pfizer CEO Out, Now WikiLeaks Chiming In• Sweden Appeals After WikiLeaks Founder Gets Bail• Visit Corporate Counsel's WikiLeaks CenterIs a New NLRB Sheriff Coming to Town?
The White House has nominated Richard Griffin, former union attorney and National Labor Relations Board member, to be the board's general counsel. Take note—as NLRB GC, Griffin would wield the authority to reshape the legal landscape for union and non-union employers alike.Software Maker Hit With $585,000 in Sanctions, Fees
An attorney representing fraud victims of Scott Rothstein tells a bankruptcy judge that watching the 15-month litigation over a computer project management system used by the law firm chairman was like being stuck in the Bill Murray movie 'Groundhog Day,' where every 24 hours repeats itself.Is a Silicon Valley Indictment in the Works Over Stock Options Backdating?
Defense lawyers involved in the investigations of options backdating say at least one Silicon Valley executive will likely be indicted imminently, possibly with more to follow. Gregory Reyes, the ex-CEO of Brocade Communications, is widely expected to be the first indicted in the backdating mess. And Reyes has been quite public about who he thinks is responsible for the company's options problems: Larry Sonsini, a Wilson Sonsini Goodrich & Rosati corporate lawyer and a former member of Brocade's board.Ex-FDIC GC on the Past, Present, and Future of Dodd-Frank
In part one of a two-part Q&A, Michael Krimminger, the former general counsel at the Federal Deposit Insurance Corporation, discusses crafting Dodd-Frank and how it's working at home and on the global stage.Trending Stories
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