August 23, 2024 | Corporate Counsel
Mike Lynch's Brush With Prison Taught Him Life Is Precious. Then a Yacht Accident Proved Him RightAs a teenager, Lynch worked as a porter at a hospital, surrounded by elderly and gravely sick patients who know they'd never be discharged. He testified at his trial that the experience helped him appreciate he wasn't invincible and "realize what that arc of existence is."
By Maria Dinzeo
5 minute read
August 20, 2024 | Corporate Counsel
Kroger Suit Claims FTC Using Unconstitutional Process to Try to Kill Megamerger"Unless the proceeding is enjoined, Kroger will suffer an immediate constitutional injury by being subjected to an illegitimate proceeding," Kroger says in the newly filed complaint.
By Maria Dinzeo
3 minute read
August 19, 2024 | Corporate Counsel
Cleared in HP Fraud Trial, British Tech Tycoon Mike Lynch Now Missing at SeaLynch, who spent months earlier this year standing trial in San Francisco, was on a luxury yacht that sank during a sudden thunderstorm off the coast of Sicily.
By Maria Dinzeo
2 minute read
August 19, 2024 | Corporate Counsel
FTC's Kroger-Albertsons Suit Premised on 'Fanciful' Definition of Grocery Market, Dissenting States SayThe Federal Trade Commission's lawsuit seeking to block the $24.6 billion merger presumes "that consumers are walled off from any other sources for groceries and have no alternative but to buy all their needs from either Kroger or Albertsons alone," according to an amicus brief filed Friday by Alabama, Georgia, Iowa and Ohio.
By Maria Dinzeo
4 minute read
August 16, 2024 | Corporate Counsel
Veteran Legal Chief Who Quit 2 Years Ago—Declaring 'I Need a Break'—Returns to In-House GameBrett Pletcher has taken the legal reins of the late-stage biopharma Cytokinetic.
By Maria Dinzeo
3 minute read
August 15, 2024 | Corporate Counsel
'We're Going to Tear the Barriers Down': Judge Prepares to Open App Market Floodgates on Google"When you have a mountain that's built out of bad conduct, you're going to have to move that mountain," U.S. District Judge James Donato said.
By Maria Dinzeo
7 minute read
August 13, 2024 | Corporate Counsel
Businesses Still Fuzzy About Corporate Transparency Act Compliance as Deadline LoomsThe new law, aimed at curtailing corruption and money laundering, will force private companies to identify who owns them—information some had been keeping under wraps.
By Maria Dinzeo
4 minute read
August 13, 2024 | Corporate Counsel
Judge Whittles Down Artists' Landmark AI Copyright Suit but Keeps Core Infringement Claims AliveJudge William Orrick found that the cartoonists, painters and illustrators who filed the case have plausibly shown their works were used in AI training, which he said was sufficient to allow the case testing whether the fair use doctrine applies to AI-powered image generation tools to move forward.
By Maria Dinzeo
5 minute read
August 12, 2024 | Corporate Counsel
Chasing Goals Won't Give Frazzled In-House Lawyers Inner Peace, But a 'Mental Cleanse' Might"Happiness can be consciously cultivated through certain actions anyone can take which are not at all dependent upon your external circumstances," said Mark LoSacco, a former in-house leader at HSBC and American Express who now helps legal department attorneys find greater fulfillment.
By Maria Dinzeo
5 minute read
August 12, 2024 | Corporate Counsel
AI Tools Creating Digital Paper Trails That Could Haunt Companies in Court"A lot of the risk comes from extremely well-meaning employees that just want the tools to do their job better," said Dera Nevin, managing director at the consulting firm FTI.
By Maria Dinzeo
6 minute read
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