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September 11, 2024 | Corporate Counsel

Norfolk Southern Fires Legal Chief and CEO, Saying They Had Inappropriate Relationship

The company dismissed Nabanita Nag, effective immediately. She joined the rail giant in 2020 and received a major promotion two years later.
3 minute read
September 11, 2024 | National Law Journal

Employers Should Narrowly Tailor Noncompetes to Pass Scrutiny, Say Trade-Secrets Attorneys

"If you have a noncompete in any circumstance that is fast and broad, not tailored to the circumstances at issue and has some lengthy time period, then you're at risk in all of those circumstances," said Jess Krannich, a partner at Wilson Sonsini.
4 minute read
September 11, 2024 | Corporate Counsel

Natalie Black Kohler, Legal Chief of Bath-Fixture Giant for 26 Years, Dies at 74

Black Kohler was legal chief and her husband, Herbert V. Kohler ]r., was CEO during a golden age for the plumbing products manufacturer, which today is one of the largest privately owned companies in the country.
3 minute read
September 11, 2024 | Corporate Counsel

Part II: Corporate Regulation and Deregulation after the 2024 Presidential Election

Part I of this two-part series laid out the competing visions of former President Trump and Vice President Harris for the administrative state and suggested how each might govern based on past performance and statements. We also overviewed shifts in the legal landscape that will frame executive action and judicial oversight in the next presidential administration. Here in Part II we look forward to that new administration and propose some top-level guidance for corporations and their counsel to start planning or implementing now, and then after the election, in preparation for January 20, 2025.
6 minute read
September 11, 2024 | Corporate Counsel

Future Proofing Your Contracts for DORA

The EU wants to bring a harmonious, standards-based approach to regulating how financial businesses monitor resilience and avoid ICT-related risks. Up until now, cloudy guidance on how this can be achieved creates further risk. Enter DORA with its intentions to provide clarity to financial entities. This includes expanded requirements that must be incorporated into contracts between financial entities and ICT third-party providers.
7 minute read
September 11, 2024 | Law.com

AI Abroad

In this episode of AI Here and Now podcast series, IP Partner Cory Fisher and Privacy Partner Camila Tobón discuss how other countries are regulating AI and what that may mean for you.
1 minute read
September 11, 2024 | Corporate Counsel

$10M John Deere Bribery Settlement Underscores Risks of Not Integrating Acquisitions

The Securities and Exchange Commission said that in the three years after Deere bought Wirtgen Thailand, the unit plied government officials with cash, massage parlor visits and lavish sightseeing trips to Europe. regulator found Illinois-based John Deere failed to integrate Wirtgen Thailand, a former German outfit into its existing compliance and controls environment after acquiring Wirtgen Group in 2017, resulting in "bribery schemes going unchecked for several years," the SEC's FCPA division enforcement chief Charles Cain said in a statement. "This action is a reminder for corporations to promptly ensure newly acquired subsidiaries have all the necessary internal accounting control processes in place."
4 minute read
September 10, 2024 | National Law Journal

Would FTC Chair Lina Khan Stay on Under a President Harris or Trump?

With Vice President Kamala Harris and former President Donald Trump seeking the presidency, questions have arisen as to whether Khan would be compatible with either administration. It is unclear how either presidential nominee plans to address antitrust and consumer protection matters.
6 minute read
September 10, 2024 | Corporate Counsel

Pioneering DEI Program at Cruise Offers Lessons for Other Firms

"Our general counsel didn't just sponsor the program—he was in the meetings, guiding discussions and showing that this was a priority," Kwant said of the DEI program he launched while as head of legal ops at GM's Cruise subsidiary.
4 minute read
September 10, 2024 | Corporate Counsel

'Trial Lawyer at Heart' Takes Legal Reins of E-Discovery Star Everlaw

Gloria Lee is jumping aboard Oakland, California-based Everlaw at a critical juncture, as the legal tech industry races to capitalize on the power of artificial intelligence to enhance their products.
3 minute read

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