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Corporate Counsel

Apple Investor Uses Proxy Proposal to Assert That 'Silicon Valley Is Hostile to Right-of-Center Thought'

The tech giant's shareholders defeated a proposal from the conservative National Center for Public Policy Research seeking a prohibition against discrimination based on "ideology" or "viewpoint."
3 minute read

New York Law Journal

Shareholder Claims Mount Against NY Community Bancorp in EDNY

Three new lawsuits bring the total number of new EDNY cases filed this month against NYCB, which has been the parent company of Flagstar Bank for more than a year, to six, all related to how the company handled a postmerger spike in loan losses.
3 minute read

International Edition

HSF Advised Post Office to Send 'Without Prejudice' Compensation Letters to Postmasters, Committee Hears

The controversial letters allegedly told postmasters that they could not share the details of their settlement offers to others.
4 minute read

New York Law Journal

Business Divorce Cases of 2023

A look at a trio of significant rulings by the Appellate Division which dominated the business divorce caselaw arena in 2023.
13 minute read

The Legal Intelligencer

Staying Ahead of the Growing Data Protection and Privacy Wave: Avoiding Common Pitfalls

How do you navigate this ever-changing data protection and privacy landscape?
8 minute read

Corporate Counsel

'Reckless and Negligent': Ousted CEO's Caustic Email Underscores Perils of Giving Top Brass the Boot

The Planet Fitness board in September removed Chris Rondeau as CEO but said he would remain on the board. Rondeau now has resigned as director and sent the board a parting message lamenting the direction of the company.
5 minute read

Delaware Business Court Insider

Delaware Supreme Court Upholds Partnership's Anti-Competition Provision

In Cantor Fitzgerald v. Ainslie, the Delaware Supreme Court upheld the validity of a post-employment restriction in a limited partnership agreement. The decision overturned the ruling of the Delaware Court of Chancery invalidating a forfeiture-for-competition provision, which permitted the partnership to withhold distributions to partners who voluntarily withdrew from and then competed with the partnership.
3 minute read

Delaware Business Court Insider

Shareholders May Challenge Corporate Conversion From Delaware on Fairness Grounds

Vice Chancellor J. Travis Laster said the doctrine of entire fairness applies and TripAdvisor shareholders have adequately pleaded a claim that a conversion would affect the value of their investments.
3 minute read

The Legal Intelligencer

NDAs Can Prevent Business Idea Hijackings

A nondisclosure agreement (NDA) can protect against misappropriation and misuse of information.
5 minute read

International Edition

Bird & Bird CEO: 'We Want to be a €1B Law Firm in 5 Years'

With a current global revenue of €568.7 million, the target means the firm will have to nearly double its income by 2029.
3 minute read

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