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October 14, 2024 | Corporate Counsel

CLO of Newly Public Health Care Provider Retires Without Explanation

Steven Reed had been with BrightSpring Health Services and its predecessor for more than two decades, serving the last 11 years as legal chief.
2 minute read
September 17, 2024 | The Recorder

Three Steps for Building Great Relationships With In-House Counsel

Legal podcasters Stacy Bratcher and M.C. Sungaila draw from interviews with dozens of in-house attorneys to offer up these tips for outside counsel.
7 minute read
June 21, 2024 | Pro Mid Market

Who Got the Work: Kaufman & Canoles Tapped to Defend Google in Patent Infringement Suit

Stephen E. Noona of Kaufman & Canoles has entered an appearance for Google in a pending patent infringement lawsuit; Walgreens Boots Alliance, a holding company known for its retail chains Walgreens and Duane Reade, has turned to Wargo, French & Singer partners David M. Pernina and Michael S. French, as well as associate Brandon Parrish, to fight a pending breach-of-contract lawsuit.
3 minute read
March 27, 2024 | Delaware Business Court Insider

Chancery Dismisses Suit Against Walgreens Directors, Rejecting 'Reflexively Filed' 'Caremark' Claims

"Fueled by hindsight bias," Vice Chancellor Lori W. Will explained, Caremark suits have "proliferated in Delaware" seeking to hold directors personally liable for imperfect efforts, operational struggles and business decisions. But, the court noted, a stockholder's position that the board's response to a corporate crisis merely "came too late and did too little" is insufficient under Caremark, which requires a showing that directors acted in bad faith.
6 minute read
March 06, 2024 | Delaware Business Court Insider

Derivative Suit Claiming Directors Breached Duty of Oversight in Alleged 'Overfilled and Overbilled' Insulin Scheme Dismissed

In a recent memorandum opinion dismissing a suit brought by stockholders derivatively on behalf of Walgreens Boots Alliance, Inc. (Walgreens), Vice Chancellor Lori Will of the Delaware Court of Chancery issued a reminder of the "narrow confines" in which a successful Caremark claim lives.
8 minute read
March 05, 2024 | Corporate Counsel

Former Walgreens Legal Chief Lands Executive Post at UnitedHealth Group

"I'm thrilled for this next chapter and I look forward to working with my new colleagues on the critically important mission of helping people live healthier lives," Danielle Gray said on LinkedIn.
2 minute read
February 27, 2024 | Corporate Counsel

Walgreens Goes Outside Retailing to Hire New Legal Chief

Lanesha Minnix's appointment completes the executive committee for CEO Tim Wentworth, who came out of retirement in October to take the post.
3 minute read
December 18, 2023 | Corporate Counsel

Walgreens Legal Chief Departs After CEO Change

Danielle Gray is moving on one year after she helped the drugstore giant resolve opioid litigation by agreeing to pay $5.8 billion over 15 years.
2 minute read
August 14, 2023 | The American Lawyer

Deal Watch: Wachtell Leads on Week's Big Deal Talks; And Will Protectionism Alter the Global Deal Landscape?

The New York firm kept busy, with three announced mega-deal discussions in the last week.
9 minute read
April 14, 2023 | The American Lawyer

Sidley Grew Revenue 4.6% and PEP 12% Amid Shifts in Partner Ranks

The contraction in the equity tier and the growth of the nonequity ranks are not a result of de-equitizing partners, but a consequence of significant lateral hiring and its largest-ever partner class, the firm said.
4 minute read

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