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November 18, 2008 | New York Law Journal

Newsbriefs

6 minute read
Alien Torts Update: Kiobel Tees Up at Supreme Court; DLA Wins Dismissal of Suit Against Al Jazeera over Hezbollah Attacks
Publication Date: 2011-06-08
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Will the U.S. Supreme Court agree to decide once and for all whether corporations are liable for human rights abuses under the Alien Tort Statute?

Amidst Takeover Fight with Air Products, Airgas Sues to Protect Its Staggered Board
Publication Date: 2010-09-16
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Airgas's lawyers at Wachtell, Lipton, Rosen & Katz maintain that Air Products orchestrated a plan to accelerate Airgas's next shareholder meeting in violation of Delaware law.

Closings Begin (Finally!) in Vivendi Trial
Publication Date: 2010-01-05
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It's been a long three months for jurors in the landmark f-cubed securities class action trial, but there's a light at the end of the tunnel. On Tuesday morning the Lit Daily went to court to check out Vivendi's closing arguments.

October 06, 2003 | Law.com

The Video Mom

Ruth Kennedy's responsibilities are the stuff of most in-house jobs. In her 13-year tenure as general counsel of Electronic Arts Inc., the dominant video-game maker, Kennedy has handled acquisitions, navigated tricky litigations, overseen a growing department and cultivated a portfolio of licenses. But during her tenure, Kennedy's duties have expanded beyond EA's legal team. She has become one of the most respected members of a group that defines the outer limits of what the company will publish.
13 minute read
October 22, 2003 | Law.com

The Counsel You Keep

When William Lytton arrived at scandal-ridden Tyco International Ltd. in September 2002, the new general counsel faced a ton of work, and there was no shortage of outside lawyers who wanted to help -- but he didn't want to see all the same old faces. Lytton's experience highlights an emerging trend: New general counsel are cleaning house upon arrival, and quickly fostering relationships with new firms.
9 minute read
What a Deal! J. Crew Sues to Enforce $10 Million Understanding It Reached With Shareholders Over Buyout
Publication Date: 2011-05-13
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In an unusual move, J. Crew has turned the tables on shareholders and sued them for allegedly backing out of the terms of a memorandum of understanding. In a complaint filed in Delaware Chancery Court, the company seeks to enforce the $10 million "binding agreement" that allegedly resolved shareholder charges arising from the the company's buyout by CEO Mickey Drexler and two private equity funds.

A Deal Too Soon? Judge Dismisses Madoff Fund Investor Claims One Day After HSBC Agrees to Settle for $62.5 Million
Publication Date: 2011-11-29
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HSBC on Monday announced it had entered into a partial settlement with investors in Thema International Fund. A day later Manhattan federal district court judge Richard Berman dismissed all the claims against the bank and other defendants, largely on the grounds that the cases should be filed in Ireland and Luxembourg.

July 21, 2006 | Law.com

Will Majority Rule Prevail in Electing Corporate Boards?

Majority voting is the big issue of proxy season 2006, dividing businesses and their outside counsel as well. This year more than 140 businesses faced proposals from shareholder activists wanting to alter methods of electing board members. Activists seeking the change hope to increase board members' accountability. Those opposed say it will destabilize companies, letting parties with short-term interests sway board composition. But both sides agree majority voting marks a shift in corporate power dynamics.
15 minute read
It's Fierce: Another (Legal) Star Join Project Runway Dispute
Publication Date: 2008-10-21
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