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Howdy Partner! For General Counsel, the Times, They Are a-Changin'
GCs aren't just legal advisers anymore: They're now business partners and even risk managers. 'The days of just giving legal advice are over,' one top lawyer told listeners at a recent Webcast on evolving business roles.$2.43 Billion Pact Ends Investor Suit Over BofA, Merrill
The lawsuit was filed on behalf of investors that bought or held Bank of America stock when the company announced its plans to buy Merrill Lynch in a $20 billion deal as the banking industry and federal government struggled to contain fallout from the financial crisis in the fall of 2008.Stock Brokerage Settles Harassment Suit
A former clerk at the Philadelphia firm had accused her boss of asking her to model her underwear for him and pressuring her for sex.Judges, Attorneys Work Through Court Closures
As courts closed for a day to save money, many judges and research attorneys were still hard at work, even as union members picketed over the closure.A Legacy in Delaware Corporate Law: A Q&A With Mike Castle
A former two-term governor, nine-term U.S. representative, lieutenant governor, deputy attorney general and state senator, Mike Castle is a partner in DLA Piper's government affairs practice. He maintains offices in Wilmington, Washington, D.C., and New York. He has been involved in corporate law since 1964 when he started at Connolly Bove Lodge & Hutz.Reply Briefs Really Necessary?
Appellate jurists from across the state, including California Supreme Court Justice Kathryn Mickle Werdegar, weigh in on whether those darn briefs are worth the effort.Judge Reversed for Allowing Exec Bonus
Stock options and other attractive compensation deals are the hottest thing for employers who want to stimulate employees to take a personal interest in their company's success. But for insurance broker Edward F. Meaney III, discussions about bonus pay have been a rollercoaster of disappointment. In an Aug. 31 Supreme Court ruling, he found he couldn't keep his big jury award. Meaney's lawyer, John Rose Jr., says he plans to request a reconsideration and a rehearing en banc.New Basis for Executive Criminal Liability for Tragedies
Andrew J. Frisch, a partner at LeClairRyan, writes that the good news for owners, executives, managers and inspectors in the crosshairs of a criminal investigation after a fatal accident is that the guideposts haven't changed: liability only attaches in the presence of a gross deviation from a reasonable person's standard of care, and an attempted cover-up will increase the odds of a criminal charge. The bad news? Those guideposts may be the same, but the surrounding landscape has significantly shifted.Trending Stories
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