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Corporate Counsel

Icahn In-House Lawyers, King & Spalding in Proxy Battle With Xerox

The legendary investor has joined up with Darwin Deason to rumble with Xerox.
3 minute read

Corporate Counsel

Skin in the Game – How to Reach Appropriate Fee Agreements

Tax law changes notwithstanding, corporate counsel waiting for a corporate blank check on spend may be holding their breath for some time.
7 minute read

Corporate Counsel

Voluntary Self-Disclosure of Sanctions Violations: How It Works in the US (Part 2)

In the first part of this article, we examined the counterintuitive nature of self-reporting sanctions violations, the penalties that sanctions violators face in the United Kingdom and the United States, and the U.K.'s self-disclosure framework. In part two, we analyze how the self-reporting regime functions in the United States.
6 minute read

Corporate Counsel

7-Eleven Raids Portend 24-7 ICE Enforcement

This week, Immigration and Customs Enforcement (ICE) served a hundred 7-Eleven stores nationwide with notices of inspection and detained twenty-one undocumented workers. ICE will require the 7-Eleven stores to produce documents showing 7-Eleven required work authorizations from their employees.
4 minute read

Corporate Counsel

BlackRock Chief's Call for Corporate Social Responsibility Has Governance Experts Buzzing

"To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society,” BlackRock's CEO Laurence Fink wrote.
5 minute read

Corporate Counsel

Voluntary Self-Disclosure of Sanctions Violations: Frameworks and Considerations in the US, UK (Part I)

The concept of voluntarily self-disclosing sanctions violations is somewhat counterintuitive because it does not comport with our everyday notions of law enforcement. When people do things they are not supposed to do, they usually do not volunteer that information to the government agency responsible for punishing such misconduct.
6 minute read

Delaware Business Court Insider

Proposed $785M TransPerfect Sale Attacked in Marathon Hearing

The details of Philip R. Shawe's $785 million deal to buy TransPerfect Global Inc. emerged in a Wilmington courtroom on Wednesday, as attorneys for his rival, Elizabeth Elting, argued for the unraveling of the sale.
5 minute read

Delaware Business Court Insider

Bankruptcy Judge Applies Anti-Forfeiture Statute to Save Debtor's Exercise of Option to Renew Lease

In a recent decision, Bankruptcy Judge Christopher S. Sontchi addressed the question of whether a Chapter 11 debtor, the tenant under a commercial lease, could exercise an option to renew the lease during the bankruptcy proceedings, even though the debtor was in default under the lease and the lease specified that it could not be renewed if defaults existed at the time the option was exercised.
7 minute read

New York Law Journal

Direct Listings: Will the Spotify Listing Prove a Game Changer?

Corporate Securities columnist John C. Coffee Jr. writes: Spotify is proceeding with the first “Underwriter-less” IPO that the New York Stock Exchange has seen in modern times. Will it attract other “unicorns”?
19 minute read

Corporate Counsel

Crowell & Moring Report: FCA Enforcement May Continue Focus on Opioids, Drug Pricing in 2018

Health care companies need to be mindful of the U.S. Department of Justice's continued enforcement of the False Claims Act but also pay attention to areas such as drug pricing and opioids that may be the focus of increased scrutiny in 2018, according to the health care portion of Crowell & Moring's annual Litigation Forecast.
3 minute read

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More from ALM

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