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The Legal Intelligencer

CDI Shareholders Want Winokur, Dechert Out

Barton Winokur, the former head of Dechert and a longtime member of the board of directors at Philadelphia-based CDI Corp., is facing a public call for his resignation from the company's board by two shareholders.
12 minute read

Corporate Counsel

Working In-House? Guess What--You're an IT Person, Too, Now

Corporate counsel already have a full task list. Add another role to that.
6 minute read

Legaltech News

Working In-House? Guess What--You're an IT Person, Too, Now

12 minute read

The American Lawyer

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

New York Law Journal

Criminal Considerations for Fiduciaries

Terence E. Smolev and Christina Jonathan of Berkman Henoch Peterson Peddy & Fenchel write: Fiduciaries—both individual and corporate—run the risk of being charged with numerous crimes. Some crimes are intentionally committed, while some arise unintentionally but nevertheless create criminal liability. This article provides insight into some of the criminal charges fiduciaries may face.
14 minute read

Corporate Counsel

The Board's Compliance Committee: A Transformative 2017 Agenda

A series of recent corporate controversies, regulatory developments and judicial decisions should prompt the compliance committee to take a closer look at its own level of diligence, key elements of the company's compliance program and, most significantly, employee acceptance of the compliance culture.
11 minute read

Corporate Counsel

GCs Are Questioning Their Outside Counsel About Cybersecurity

The vulnerability of law firms to cyberattacks, already one of the big legal stories of 2016, is back in the news now that a judge has unsealed a class action lawsuit alleging the firm Johnson & Bell doesn't adequately protect client information from hackers. In-house counsel say the lawsuit is a good reminder of the importance of questioning outside firms about their cybersecurity efforts.
17 minute read

The Legal Intelligencer

Lax Board Members Can Cause Serious Damage to Nonprofits

Among attorneys and corporate executives, serving on the board of directors of a nonprofit organization is often a rite of passage. Once professionals reach a certain level in their careers, their employers, colleagues, clients and business associates often expect them to serve on nonprofit boards as a way to give back to the community, burnish their reputations and make potentially useful contacts.
12 minute read

New York Law Journal

FIFA Scandal Leads to Legal Shake-up and Delayed Prosecution for Argentine Company

A South American sports marketing company has agreed to pay $112 million and replaced its chief legal officer along with compliance and other managers as part of a deferred prosecution agreement with the U.S. Department of Justice over paying bribes and kickbacks to FIFA world soccer officials.
7 minute read

New York Law Journal

Shareholder Challenges Apple Pay Practice

In his Executive Compensation column, Joseph E. Bachelder III examines a challenge by an Apple Inc. shareholder to the company's executive compensation. The shareholder has proposed in his resolution "that Apple Inc. engage multiple outside independent experts or resources from the general public to reform its executive compensation principles and practices." In a no-action letter, the SEC concurred with the shareholder that the proposed resolution be included in Apple's proxy statement for the 2017 meeting.
24 minute read

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