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Corporate Counsel

Why Corporate Legal Departments Need Practical AI

General Counsel (GC) continue to face operational challenges, including cutting costs, "doing more with less" and yet delivering a quality service in a timely manner with efficiency, while reducing legal risk to the business.
5 minute read

Corporate Counsel

Disclose to OFAC—Voluntarily? Tips for Legal and Compliance Pros

A recent conversation with a head of legal of a Fortune 500 technology company relating to the current challenges of complying with U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) restrictions brought to mind a couple of tips that are important for all senior legal and compliance professionals at companies with cross-border operations.
5 minute read

The Recorder

Musk, Tesla Board Sued Over CEO's 'Erratic Behavior'

A Tesla shareholder has sued Elon Musk in the Delaware Court of Chancery over his recent pattern of "erratic behavior" and accused the company's directors of "gross mismanagement" for failing to monitor the outspoken CEO's statements on Twitter.
4 minute read

Delaware Business Court Insider

Musk, Tesla Board Sued in Del. Chancery Court Over CEO's 'Erratic Behavior'

A Tesla shareholder has sued Elon Musk in the Delaware Court of Chancery over his recent pattern of "erratic behavior" and accused the company's directors of "gross mismanagement" for failing to monitor the outspoken CEO's statements on Twitter.
4 minute read

The Legal Intelligencer

#MeToo—From Lurid Headlines to Litigation and Learning

As we approach the one-year anniversary of #MeToo, the falling dominoes dominate boardrooms, management meetings and litigation lore. The global grasp of the #MeToo movement cannot be understated.
7 minute read

Corporate Counsel

Internal Investigations in the #MeToo Era

The energy industry has historically been perceived as an “old boys” club. Of course, the industry has made significant progress in hiring and promoting women. But in the era of #MeToo,
3 minute read

Delaware Law Weekly

TransPerfect Has Incorporated in Nevada After Long Battle in Del. Over Forced Sale

TransPerfect confirmed the move as Philip Shawe, the software company CEO, was set to attend an event billed as a "deep dive into a notorious Delaware court case," according to the Wilmington History Society. His company will likely never litigate again in the First State.
4 minute read

Delaware Business Court Insider

TransPerfect Has Incorporated in Nev. After Long Row Over Chancellor's Forced Sale

TransPerfect confirmed the move as Philip Shawe, the software company CEO, was set to attend an event billed as a "deep dive into a notorious Delaware court case," according to the Wilmington History Society. His company will likely never litigate again in the First State.
4 minute read

The Legal Intelligencer

What to Remember as an Attorney Serving on a Nonprofit Board

Serving as a board member on a board of directors for a nonprofit organization can provide a chance to give back to a community or institution in a rewarding and impactful way.
8 minute read

Delaware Business Court Insider

Del. Supreme Court Affirms 'MFW' Dismissal; Clarifies Ab Initio Requirement

In 2014, the Delaware Supreme Court in 'Kahn v. MFW' held that the business judgment standard could apply to review of a controlling stockholder merger if at the outset the controlling stockholder conditioned the squeeze-out transaction on negotiation and approval by a committee of independent and disinterested directors and the informed, uncoerced approval of a majority of the minority stockholders (dual stage approvals).
6 minute read

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