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Can You Resign from the Board of a Troubled Company?
In their Corporate Governance column, David A. Katz, a partner at Wachtell, Lipton, Rosen & Katz, and Laura A. McIntosh, a consulting attorney for the firm, write that two recent Delaware rulings provide an opportunity for directors to consider how they might react if they discovered corporate malfeasance and how they might handle fundamental, irresolvable concerns or disagreements that may arise while serving as a director.Ex-Proskauer CFO Zeroes In on Cancer As Cause of Firing
Elly Rosenthal, who worked in Proskauer Rose's finance department for more than 18 years, sued her former employer for $10 million after being terminated in March 2011, claiming she was the subject of age, gender, and disability discrimination. She has now dropped two of those claims and is focusing her fight on the firm's decision to fire her as the result of a three-month medical leave she took in 2008 to recover from treatment for breast cancer.LawTech Day in S.F. Caps LegalTech
The Recorder's LawTech Day in San Francisco following LegalTech West Coast examined the impact of emerging technologies on the practice and business of law.Texas lawmakers approve drug tests for unemployment applicants
Texas lawmakers on Wednesday approved a bill that would require drug testing for some of those seeking unemployment benefits, even as state Democrats stymied a similar measure covering welfare applicants.Litigation: Events courts consider when deciding if duty to preserve evidence has been triggered
We know there is no general duty to preserve evidence before litigation is reasonably anticipated, so the trick is to determine what facts the court will consider when determining when that duty attaches.View more book results for the query "*"
Vermont sues patent troll for violating state laws
Patent trolls have a new enemythe State of Vermont.Borders gift card holders are out of luck
U.S. District Judge Andrew Carter said yesterday that it would be unfair to the bankrupt companys creditors to allow the holders of gift cardsworth about $210.5 millionto pursue recoveries.IRS director refuses to testify
The drama surrounding the Internal Revenue Service (IRS) scrutiny scandal continues.Asia Deal Digest: May 23, 2013
* China's State Grid turns to Linklaters and Allens for Australia buying spree* Clifford Chance and Allen & Gledhill on Singapore's second-biggest IPO this year* Ropes & Gray and Cleary guide Blackstone-led consortium on $680 million Pactera take-private bidAdvice for young in-house lawyers: Understanding the value of questions
Answers can only aspire to be important. Questions remain forever relevant, forever eloquent. Answers are science, questions are poetry. We can learn so much more from poetry than science.Trending Stories
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