Corporate Counsel | Expert Opinion
By Phillip M. Gordon and Caleb Acker | September 11, 2024
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.
Corporate Counsel | Expert Opinion
By Tom Dunlop | September 11, 2024
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.
By Maria Dinzeo | September 11, 2024
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."
By Chris O'Malley | September 9, 2024
The e-commerce giant's beef stems from an administrative injunction the NLRB filed against it in March 2022, about a week before workers at a Staten Island Amazon warehouse voted to unionize.
By Trudy Knockless | September 6, 2024
"Companies have increasingly trended toward moving the compliance function to an independent organization, sitting as a peer to the legal function." according a Major, Lindsey & Africa report.
By Chris O'Malley | August 26, 2024
A college's duty to furnish student information to a union "runs headlong" into its duty to preserve confidentiality of student information under the Family Educational Rights and Privacy Act, according to Joshua Nadreau, a regional managing partner at Fisher & Phillips.
By Lisa Shuchman | August 26, 2024
The Netherlands' privacy watchdog says the ride-hailing giant sent European drivers' personal data to its San Francisco headquarters without putting in place a proper legal transfer mechanism.
By Jack Womack | August 22, 2024
The London office of another prestigious New York-headquartered law firm has expressed concern over the news this week that Simpson Thacher will face a U.K. tribunal for alleged AML shortcomings.
By Christopher Niesche | August 21, 2024
The country's consumer and financial services regulators have each become increasingly active in pursuing greenwashing violations. But some lawyers say there is still confusion about what constitutes greenwashing.
By James Palmer | August 19, 2024
The agency says the longtime activist investor failed to disclose that he and his company pledged billions of dollars in stock as collateral on margin loans.
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McCarter & English, LLP is seeking litigation attorneys for our Newark, NJ offices. Candidates must have 3-6 years of law firm experien...
McCarter & English, LLP is actively seeking a corporate associate for its office located in Boston, MA. Candidate must have 2 - 5 years ...