Corporate Governance Legal News Coverage

Delaware Business Court Insider

Chancery Finds 'Mutual General Release' to Be Not All Encompassing

By Barry M. Klayman and Mark E. Felger | January 16, 2019

A recent opinion by Vice Chancellor Tamika Montgomery-Reeves illustrates the pitfalls in not specifically addressing the scope of “mutual general releases” when agreeing to settle litigation.

6 minute read

Corporate Counsel

#MeToo Having Impact That May Not Show in Surveys, Atlanta Utility GC Says

By Sue Reisinger | January 15, 2019

Southern Co.'s James Kerr discussed the topic in relation to the latest general counsel survey from Consero Group, which presents executive conferences.

4 minute read

Delaware Business Court Insider

Schnatter Granted Access to Papa John's Records Related to Ouster, Bouchard Rules

By Tom McParland | January 15, 2019

Chancellor Andre G. Bouchard ruled Tuesday that John Schnatter, the company's largest stockholder, was entitled to books and records regarding the company's decision to terminate his employment last July, after Forbes reported that he had used the N-word during a company training call.

5 minute read

Corporate Counsel

Nine Steps to a Legal Department Strategic Plan

By Jodie Baker | January 15, 2019

Without a strategic plan, your legal department is unlikely to get out from under Sisyphean busywork to accomplish meaningful improvements or demonstrate its value—or find operational adjustments that enhance not only your service delivery, but your quality of life.

9 minute read

The Recorder

Far From 'Slam Dunk,' Google Shareholder Suits Latest in Wave of #MeToo Derivative Actions

By Ian Lopez | January 14, 2019

Alphabet has been hit with a pair of shareholder derivative suits claiming that board members hurt shareholder value by covering up a lengthy pattern of gender discrimination and sexual harassment perpetrated by Google executives.

6 minute read

Litigation Daily

Google Shareholder Suits Latest in Wave of #MeToo Derivative Actions

By Ian Lopez | January 14, 2019

Alphabet has been hit with a pair of shareholder derivative suits claiming that board members hurt shareholder value by covering up a lengthy pattern of gender discrimination and sexual harassment perpetrated by Google executives.

6 minute read

Delaware Business Court Insider

Chancery Court Blocks Direct Appeal of Directors' Liability for Insider Trading in Fitbit IPO

By Tom McParland | January 14, 2019

In a 12-page order, Vice Chancellor Joseph R. Slights III stood by his Dec. 14 opinion, which found that two of Fitbit's outside directors could potentially face liability for suspicious stock sales made by venture capital funds under their control.

4 minute read

Delaware Business Court Insider

Nutrisystem Investors Sue for Details on $1.3B Sale to Health Company

By Tom McParland | January 10, 2019

In an 18-page complaint, shareholders Thursday questioned analyses by Nutrisystem's Evercore Group financial advisers and said that the cash-and-stock deal, announced in December, had undervalued the company.

3 minute read

The Legal Intelligencer

Pa.-Based Nutrisystem Faces Investor Suit Over $1.3B Sale to Health Company

By Tom McParland | January 10, 2019

In an 18-page complaint, shareholders Thursday questioned analyses by Nutrisystem's Evercore Group financial advisers and said that the cash-and-stock deal, announced in December, had undervalued the company.

3 minute read