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Delaware Business Court Insider

Following Bias Accusations, Lawsuit Seeks Corporate Policy Changes at Pinterest

A shareholder plaintiff alleged that CEO and President Benjamin Silbermann, CFO Todd Morgenfeld and seven other board members kept company leadership an all-white "boy's club." The lawsuit demanded extensive changes to company bylaws.
7 minute read

Corporate Counsel

UnitedLex Fishes 5 New Hires From Big Four Talent Pool

UnitedLex announced Tuesday that it had made five new management-level hires hailing from Big Four members Deloitte and PwC. The move comes as the service provider anticipates a new urgency around legal departments' digital transformation and looks to bulk up on the technical talent and experience necessary to address those needs.
4 minute read

Delaware Business Court Insider

Director to Attend Board Meeting Under False Pretenses to Meet Quorum Requirements Invalidated Board Action

Delaware courts will use their equitable powers to invalidate otherwise valid board actions tainted by inequitable deception.
5 minute read

Corporate Counsel

Six Best Practices in Corporate Human Rights and Social Responsibility

With the Biden administration's emphasis on human rights and the upcoming 10th anniversary of the UN Guiding Principles on Business and Human Rights, corporate social responsibility is an issue of increasing focus and prominence.
6 minute read

Corporate Counsel

Legal Department Technology Adoption Will Likely Be Shaped by Collaboration Demands

A panel held during Legalweek(year) 2021 pointed to a future where in-house teams are expected to collaborate more frequently with other departments—and that includes in the adoption of new technologies.
3 minute read

Daily Business Review

CTA to Impose Reporting Obligations, Penalties on Many Fla. LLCs, Corporations

Practitioners in Florida should be familiar with the reporting obligations and potential penalties under the CTA as it will apply to many of the estimated 756,588 domestic Florida corporations and 1,473,881 Florida limited liability companies in the State of Florida as of Oct. 5, 2020.
7 minute read

Corporate Counsel

Legal Meets Its Moment(s)

Those of us who hold the power of purse or influence in our profession must use it to nudge, push, and pull our legal ecosystem forward in order to meet twin moments of our time: the ramifications of a virus upending the way we work, and the reckoning with a call for racial justice that highlights the inadequacy of our own diversity efforts.
6 minute read

New Jersey Law Journal

For New Jersey LLC Members, Silence Can Have Serious Ramifications

Members control their own fate, but they tempt that fate unnecessarily if they wait until it is too late to review the LLC's operating agreement.
8 minute read

Corporate Counsel

Looking Forward—Regulatory Enforcement Expectations in a Biden Administration

As companies prepare for potential changes to the regulatory enforcement landscape in a Biden administration and assess the risks and challenges ahead, it is important to evaluate how enforcement is likely to change—and how it might remain the same.
8 minute read

New York Law Journal

Thank You, Chairman Clayton

In their Corporate Governance column, David A. Katz and Laura A. McIntosh reflect on the tenure of Chairman Jay Clayton, under whose leadership the SEC experienced an era of great productivity and rational reform.
7 minute read

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