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Delaware Business Court Insider

Del. Supreme Court Upholds $1.8M Award to Former CFO in Indemnification Suit

The Delaware Supreme Court on Friday upheld a vice chancellor's decision to award a former director of OptimisCorp. $1.8 million to cover the cost of successfully defending allegations that he had plotted to remove the physical services company's chief executive back in 2012.
3 minute read

The American Lawyer

Bernstein Litowitz Finds Role for Investors in Fight Against Sexual Harassment

Can the threat of investor litigation solve sexual harassment problems in the corporate world?
26 minute read

Corporate Counsel

Exxon, 237 Other Firms Commit to Climate Change Reports

One attorney said that the new commitments will place climate change disclosures "front and center," rather than leaving them as a "side issue."
3 minute read

Corporate Counsel

Ole Miss Latest School to Seek New GC After NCAA Probe

Lee Tyner, the University of Mississippi's general counsel, has left the school where he has been the top legal officer since 2003.
4 minute read

Corporate Counsel

2017: The Year of Inconsistent FCPA Enforcement

A recent review of enforcement from 2017 showed a lack of consistency in how monitorships were applied, in how recidivist companies were treated, and in when cases prompted both civil and criminal penalties.
11 minute read

The Legal Intelligencer

2017 Year in Review: Significant Federal Employment Law Developments

Not surprisingly, employment law developments at the federal level in 2017 reflect policy changes that often come with new administrations. These changes largely can be characterized by what has been undone, halted or muddled in some way.
7 minute read

Corporate Counsel

The SEC's Cyber Unit: Friend or Foe to Registered Entities?

In recent years, the Securities and Exchange Commission (SEC) has prioritized the regulation, monitoring, and enforcement of cybersecurity activities. On Sept, 25, the SEC reinforced its commitment to cybersecurity when the Enforcement Division announced the formation of a “Cyber Unit” that will target cyber-related misconduct affecting the securities markets.
8 minute read

Delaware Business Court Insider

Bouchard Tosses Challenge to Conflicted NRG Stock Reclassification

The Delaware Court of Chancery on Monday dismissed an investor suit stemming from a conflicted transaction that extended power giant NRG Energy's control over a subsidiary, finding that minority shareholders had overwhelmingly approved the deal.
3 minute read

Delaware Business Court Insider

Company Can't Back Out of Oral Agreement to End Proxy Fight, Slights Rules

An investor in Innoviva Inc. has finally won its fight to appoint two directors to the drug developer's board, after the Chancery Court on Dec. 8 ruled that the company was bound to honor a last-minute deal to resolve a dramatic proxy fight.
4 minute read

Corporate Counsel

Lead and Sustain Change With a Strategy: 8 Tips

This GLOBAL IN-HOUSE column, the second in a three-part series exploring how in-house leaders can bring change and disruption, focuses on practical tips to manage change in your legal function through strategy.
6 minute read

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