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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
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
July 30, 2024 | Corporate Counsel

Conservative Groups Challenge Corporate DEI Initiatives With Recent Success

"It is to be hoped that corporations that enacted illegal and polarizing DEI policies during the last few years will end those policies before they are sued," said Ed Blum of the American Alliance for Equal Rights.
7 minute read
July 23, 2024 | New York Law Journal

Redesigning Obviousness: Federal Circuit's New Test for Obviousness in Design Patents

In May, the Federal Circuit issued its decision in 'LKQ v. GM Global Technology Operations', which marks a significant shift away from the prior and more rigid 'Rosen-Durling test', toward a more flexible framework for determining whether a patented design is obvious.
10 minute read
July 19, 2024 | Law.com

Inside Track: ESG Movement Hits 'Teenage Years,' Testing Companies' Resolve

"We've ended up with the worst of both worlds," New York University professor Alison Taylor told IR Magazine recently. "Companies treating this as PR and attention directed away from the political process by implying that these companies are solving problems they're not solving."
5 minute read
Law Journal Press | Digital Book Florida Construction Defect Litigation 2025 Authors: Gary L. Brown View this Book

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July 18, 2024 | Corporate Counsel

Companies Deluged With Anti-ESG Shareholder Proposals

Some firms are receiving pro-ESG and anti-ESG proposals on the same issue, underscoring how challenging topics such as diversity and climate change have become for corporate America.
5 minute read
July 11, 2024 | Corporate Counsel

Business Case for DEI Is Still Strong, Experts Say, but Many Companies Approach Topic Clumsily

"A lot of times, those mentoring, sponsorship and leadership development programs are done in these kinds of ad hoc ways that actually benefit people who are already already in privileged positions," UC Davis law professor Afra Afsharipour said.
4 minute read
April 16, 2024 | New Jersey Law Journal

Law Firm Says It Was Victim of Check Fraud, Seeks to Recover $118K

The firm says it was contacted by someone who purportedly sought help collecting severance pay from his employer, John Deere.
6 minute read
March 29, 2024 | Corporate Counsel

In-House Moves of Month: EBay, Estee Lauder, GE, Geico Grab Headlines

Among the GCs plotting retirements were John Deere's Mary Jones and Pitney Bowes' Daniel Goldstein.
3 minute read
March 27, 2024 | Corporate Counsel

John Deere's GC Stepping Aside After a Prosperous but Quiet Quarter-Century With Farm-Equipment Giant

Since Mary Jones took the legal reins in January 2013, the company has avoided major legal potholes, and its stock has risen more than four-fold.
3 minute read

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