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Privacy's Rising Stakes May Be Changing In-House's Relationship With Outside Counsel

Corporate legal departments have often relied on outside counsel to help navigate an increasingly complicated landscape of global privacy laws. But as updates like California Privacy Rights Act of 2020 continue to roll in, companies may find it more cost effective to engage the services of contract workers or even long-term hires.
4 minute read

The Recorder

If You're Not at the Table, You're on the Menu: Strategies for Complying With AB-979

"If lawsuits contesting the legality of AB-979 are unsuccessful, companies will be required to comply with the law, and stakeholders wishing to pursue corporations that do not will have another arrow in their quiver to do so," say Sidley Austin's Lisa Gilford, Simone Jones and Paula Salazar.
6 minute read

Delaware Business Court Insider

Recent Developments Regarding 'Wolf Pack' Provisions in Rights Plans

A traditional stockholder rights plan remains one of the most effective tools a board of directors may use to protect the corporation's stockholders from the threat of a hostile or abusive takeover.
8 minute read

Delaware Business Court Insider

Chancery Court Ruling Confirms High Bar to Pleading a Nonexculpated 'Revlon' Claim

Vice Chancellor Morgan T. Zurn's recent decision in Rudd v. Brown reaffirms longstanding Delaware law protecting director decision-making in M&A transactions, even where Revlon duties apply and an activist has threatened the board members with a proxy campaign.
7 minute read

Corporate Counsel

Workforce Culture Really Is Board's Responsibility; CLO Has Related Role to Play

In his monthly column, Michael W. Peregrine discusses new research that calls on boards to understand that their responsibility should also include objectives such as inclusion and diversity, health and safety, and workforce reduction plans.
5 minute read

The Recorder

California AB 979 Requires Directors From Underrepresented Communities for California Public Corporations

This new law was intended to achieve diversity on boards but does not detail lawful methods for compliance with its requirements, says Littler Mendelson's Britney Torres and Bruce Sarchet.
4 minute read

The Legal Intelligencer

A Year-End Legal Checklist for Corporations

Given the whirlwind that has been 2020, businesses will want to take stock and pay extra scrutiny in their review. If you need some advice on where to start, consider the following checklist and remember one piece of advice: organization is key.
6 minute read

Corporate Counsel

A Dispersed Legal Department Could Save Costs—Until It Doesn't

Corporate legal departments have spent the last several months working remotely out of necessity. But there could be great value—and great risk—in keeping the arrangement going long-term.
4 minute read

The Legal Intelligencer

Pa. Supreme Court to Review Veil-Piercing Appeal Based on Enterprise Theory

In June, the Pennsylvania Supreme Court granted an appeal that could radically alter existing state law on corporate liability based on the veil-piercing theory. The case, arising from a dram shop tort action, is poised to test Pennsylvania law's "strong presumption" against piercing the corporate veil.
9 minute read

Delaware Business Court Insider

Waiver of Partition Right Held Unenforceable Where Unlimited in Duration

The dispute involved 140 acres of farmland near Milton, Delaware. Two siblings had acquired the property from their parents by gift and purchase. In a written co-ownership agreement, they agreed to waive any right that they may have to seek partition of the property without the prior written consent of the other.
6 minute read

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