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New York Law Journal

Weinstein Co. Asset Sale Averts Bankruptcy, but Clouds Remain Over Its Future

A group of investors on Thursday said that it had reached a $500 million agreement to buy the Weinstein Co., reviving a deal that just days before seemed to be dead, despite the high-profile intervention of New York state Attorney General Eric Schneiderman.
4 minute read

Corporate Counsel

Sallie Mae Bank Names 'Ironman' Nicolas Jafarieh as General Counsel

Jafarieh, who is moving into the position from a role as deputy general counsel at Sallie Mae, is also a triathlete.
3 minute read

New York Law Journal

The GDPR: A Silver Lining for Data Governance

The countdown to the enforcement date of the EU General Data Protection Regulation (GDPR) has begun and it's becoming increasingly clear that many U.S. organizations are poised to be caught in its crosshairs.
8 minute read

The Legal Intelligencer

Should a Judge's Personal Judicial Experience Affect Antitrust Pleadings?

When the Supreme Court scrapped Conley v. Gibson's “no set of facts” federal pleading standard in Twombly (2007) and Iqbal (2009), courts initially struggled to apply the inherently ambiguous “plausibility” standard. In the immediate aftermath, some courts frankly misconstrued Twombly and Iqbal to invite a Daubert-style “gate keeper” appraisal of complaints in which judges could (and should) prune claims that, based on their own personal experience with the subject matter at issue, appeared dubious.
10 minute read

Corporate Counsel

Landmark UK Case: Companies May Be Liable for Subsidiaries' Human Rights Abuses

Recently, a landmark United Kingdom case has made it clear that U.K.-based parent companies may be found liable for human rights violations committed by their foreign subsidiaries. Plaintiffs all over the world are filing lawsuits seeking to hold parent companies responsible for the extraterritorial conduct of their subsidiaries.
6 minute read

Corporate Counsel

An American In-House Counsel in London: A Q&A With Brian Craig of Digital Barriers

In part one of a two-part discussion, Craig spoke about his legal department and what it's like being a foreign GC in the U.K.
5 minute read

Delaware Business Court Insider

Chancery Court Opens Health Care Company's Documents to Investors

The Delaware Court of Chancery on Wednesday ordered UnitedHealth Group Inc. to turn over to stockholders a wide range of corporate documents, including information referenced in a whistleblower suit outlining a supposed scheme to overbill Medicare by possibly "billions of dollars."
3 minute read

The Legal Intelligencer

Cybersecurity: What Does It Mean to Be Completely Prepared?

So often articles related to cybersecurity focus solely on assessment and preparedness against external forces (e.g., cybercriminals, hackers, ransomware, etc.), yet do not convey the full array of protections necessary to ensure complete cyberpreparedness for a busin
6 minute read

Delaware Business Court Insider

Del. Supreme Court Eyes April Decision in TransPerfect Appeal

The Delaware Supreme Court said Tuesday that it plans to reach a decision in April on Elizabeth Elting's challenge to the Delaware Court of Chancery-ordered sale of TransPerfect to her rival on the company's board.
3 minute read

The Legal Intelligencer

Demystifying Individual and Derivative Claims in Closely Held Corporate Disputes

You represent a minority shareholder of a closely held corporation and the company is having an off year. The majority shareholder is the sole member of the board and serves in every officer position.
1 minute read

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