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New York Law Journal

Prioritizing Board Diversity

In their Corporate Governance column, David A. Katz and Laura A. McIntosh write: In what has been called a "breakout year" for gender diversity on U.S. public company boards, corporate America showed increasing enthusiasm for diversity-promoting measures during 2016. Momentum toward gender parity on boards is building, particularly in the top tier of public corporations.
12 minute read

Delaware Business Court Insider

Chancery Court Scratches Nutrisystem Director Removal Bylaw

The Delaware Court of Chancery ruled Tuesday that a Nutrisystem Inc. bylaw requiring a two-thirds supermajority shareholder vote to remove directors was a clear violation of Delaware corporate law.
5 minute read

National Law Journal

Trump Taxes Targeted by Lawsuit Alleging Constitutional Breach

The lawsuit filed Monday targeting payments by foreign governments to President Donald Trump's businesses has a number of legal hurdles to clear, but one of the law professors who prepared the action said it may require disclosure of Trump's tax returns, which have been closely guarded.
13 minute read

New York Law Journal

Trumping the Constitution

In his Corporate Securities column, John C. Coffee Jr. analyzes the application of the Emoluments Clause to President-elect Donald J. Trump. He focuses on the specific nature of Trump's conflicts and how they expose him to foreign governmental pressure that will be largely invisible. He writes: Whether or not the Clause applies, tolerating the exposure of the President to foreign pressure is inexcusable.
22 minute read

National Law Journal

How VW's In-House Lawyers Screwed Up a Litigation Hold

The obstruction of justice charge filed against Volkswagen AG on Wednesday pertains not only to lies by employees to federal regulators, but also to actions by VW's in-house legal team, according to statements attached to the plea agreement.
9 minute read

The American Lawyer

Trump and Divestiture: The Lawyers Weigh In

As Donald Trump shatters norms underpinning American democracy, how should the legal profession respond? Not with excuses for him, that's for sure.
10 minute read

Corporate Counsel

Wal-Mart International's Compliance Chief on What's Next

Despite tech advances, compliance is still down to people doing the right thing.
4 minute read

Corporate Counsel

Looking for the exits

The false account scandal cost employees their jobs, and it went to the top of the bank's corner suite.
6 minute read

New Jersey Law Journal

Corporate Monitorships: Avoiding Costly Pitfalls

Use of corporate monitors has become an increasingly common means of oversight, so it is essential for monitors, regulators and companies to understand and avoid common pitfalls associated with the practice.
8 minute read

New York Law Journal

In Trump Era, Weil's Millstein Sees Promise for Corporate Governance

Having just turned 90, Weil, Gotshal & Manges senior partner Ira Millstein discusses his decades-long fight to reform corporate boards and his new book on the topic, published this month. Millstein believes directors of companies have a responsibility to improve Americans' view of the corporations they depend upon.
15 minute read

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