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August 22, 2024 | Corporate Counsel

2024 Ransomware Payments Poised to Shatter Record, as Gangs Target 'Big Game'

A midyear report by blockchain analysis firm Chainalysis projects the total paid this year will soar past $1 billion again, even though fewer victims are paying. 
2 minute read
August 22, 2024 | Corporate Counsel

Evaluating the Biden Administration's Business and Human Rights Agenda       

The administration has pursued a whole-of-government approach, with numerous government agencies and interagency task forces taking action across a range of issues. The list below reflects some of the most visible initiatives on a thematic level, but reflects only a fraction of the steps that the administration has taken since Biden's January 2021 inauguration.
10 minute read
August 22, 2024 | Corporate Counsel

Hollywood Vet to Be Both COO and GC of Independent Studio

Jeannine Tang is joining SK Global Entertainment two years after it struck a deal with a private equity firm that gives it new financial firepower to pursue production projects and acquisitions.
2 minute read
August 21, 2024 | National Law Journal

Federal, State Antitrust Collaboration Reaches 'Historic Level,' Colorado's Attorney General Says

"Our economy is so concentrated, competition has lessened, consumers are frustrated," said Phil Weiser. "The AGs are responding."
4 minute read
August 21, 2024 | National Law Journal

Facebook, Nvidia Make High Court Case Against Investor Suits

The tech giants have filed briefs urging the justices to close the "floodgates" of securities lawsuits the companies claim have been opened by the U.S. Court of Appeals for the Ninth Circuit.
6 minute read
August 21, 2024 | Corporate Counsel

Delta Names New Legal Leader for Wayward On-Demand Travel Business

Wheels Up saw demand soar during the pandemic, as wealthy businesspeople flocked to private aviation and commercial carriers cut flights. But in the latest quarter revenue tumbled 41%.
3 minute read
August 21, 2024 | Corporate Counsel

Tom Sabatino, an 8-Time Legal Chief, Off to New Adventures After Year-Long Run at Rite Aid

Sabatino helped the pharmacy chain navigate its way through a Chapter 11 bankruptcy restructuring that slashed its debt load.
2 minute read
August 21, 2024 | Law.com

FTC's Ban on Noncompete Agreements Struck Down on the Eve of Implementation

"This means in essence that, unless a federal appeals court reverses Judge Brown's decision—and we are admittedly only at the end of one phase of the likely three-phase judicial process as appeals are next—the FTC's noncompete rule will not take effect on Sept. 4," employment lawyer Mark S. Goldstein said.
5 minute read
August 21, 2024 | Corporate Counsel

Many Companies Steadfastly Support ESG, Despite Backlash

Even so, they're laying low, with many ditching use of the acronym to avoid drawing the attention of conservative activists.
3 minute read
August 20, 2024 | The Recorder

E-Commerce Company Alleges Albertsons Stole Trade Secrets to Develop Own Platform

Seattle-based Replenium alleges Albertsons induced it to share trade secrets the grocer then misappropriated to build its own e-commerce system before terminating their agreement.
4 minute read