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In Memoriam: A Roll Call of 2012's Deceased Legal Luminaries
From Skadden's Roger Aaron to Sullivan & Cromwell's George Kern Jr., The Am Law Daily remembers some of the leading lights of the legal trade who died last year.Even Off the Court, Jordan Packs the House
Not every contract dispute that gets handled in U.S. District Court in Illinois attracts the crowd that came Tuesday to the Chicago courtroom of Senior U.S. District Judge James Moran. Every seat was filled with lawyers, gawkers, court buffs, and the media. But then, not every contract dispute involves Michael Jordan.Insider Trading Rules About to Change
Starting Oct. 23, a little-noticed Securities and Exchange Commission rule will permit employees to legally trade their company's shares even if they are aware of material inside information. The catch: Trades must be made under a written plan created before the insider knew of the stock-sensitive development. The rule could be a boon for corporate executives and employees of smaller companies.Former Hollinger GC Passes the Buck in Fraud Trial
How does a general counsel stay out of jail if he's been accused of helping company executives line their pockets with millions of shareholder dollars? If he's Mark Kipnis, the former legal chief at Hollinger International, he pleads lack of experience and shifts the blame to the company's outside counsel. Pointing the finger may get Kipnis off -- he faces up to five years in prison -- but some experts say that his defense is the equivalent of career suicide.Interpreting this year's Supreme Court ruling in Cigna Corp. v. Amara, the Tenth Circuit clarified how much information a company must disclose to workers about pension plan changes.
Minds & Legal Matters: Renaissance GC Gives Rice Advice
One of the first in his family to attend college, Rice University general counsel Richard A. Zansitis, who hails from Chicago, says that "pure serendipity" led him to pursue higher-education law.Trending Stories
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