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The Recorder

Wolf Metals Inc. v. Rand Pacific Sales Inc.

By | October 26, 2016
4 minute read

Connecticut Law Tribune

Ex-GC Accuses Commodities Firm With All-Male Board of Rampant Gender, Age Bias

The former general counsel of Connecticut-based commodities trader Gerald Metals sued the company Tuesday for gender and age discrimination, saying she was denied pay increases on par with male attorneys and forced to tolerate a "good ol' boy" work environment.
9 minute read

New York Law Journal

The Effect of 'Trulia' on Takeover Litigation

Corporate and Securities Litigation columnists Margaret A. Dale and Mark D. Harris examine the effect of in 'In re Trulia, Inc. Stockholder Litigation' on "disclosure-only" settlements, in which the parties agreed to a broad release of claims against the companies in exchange for limited additional disclosures regarding the transaction. Shareholders do not receive any direct economic benefit from these types of settlements; the only money that changes hands is a fee paid to the plaintiffs' counsel in exchange for obtaining the supplemental disclosures. The article highlights several of the key decisions criticizing disclosure-only settlements and considers how the corporate bar may react.
21 minute read

New York Law Journal

New Greenwich Litig. Trustee, LLC v. Citco Fund Servs. (Europe) B.V.

By | October 25, 2016
Dismissal of Derivative Suits Arising From Ponzi Scheme Under In Pari Delicto Doctrine Affirmed
3 minute read

New York Law Journal

Looking Beyond Delaware: Exercising Shareholder Appraisal Rights in N.Y.

Michael R. Huttenlocher, of McDermott Will & Emery, discusses the movement toward appraisal actions. Recently, Delaware corporations have experienced an increase in appraisal actions, a tool of activist shareholders who believe their shares have been undervalued in a merger transaction. Given the success that shareholders have had enforcing their appraisal rights in Delaware courts, New York-based companies may also be targeted for appraisal actions. The article examines the law in New York and Delaware.
17 minute read

Corporate Counsel

5 Takeaways From the Wells Fargo Scandal

The resignation under fire of Wells Fargo's CEO John Stumpf after a CFPB consent order, other regulatory actions and public opprobrium yields lessons for counsel and CEO everywhere.
13 minute read

New York Law Journal

SOX Certification Requirement and Clawback Provision

Corporate Litigation columnists Joseph M. McLaughlin and Yafit Cohn provide insight from the case 'SEC v. Jensen', where the U.S. Court of Appeals for the Ninth Circuit provided needed guidance on the scope of distinct requirements under the Sarbanes-Oxley Act—the certification requirement and the clawback provision.
16 minute read

Corporate Counsel

Heineman on Wells Fargo: Where Were the Lawyers?

Once again, there was a significant failure in corporate culture. What was the legal department doing when false accounts were created?
11 minute read

Corporate Counsel

SEC Breaks Ground With Whistleblower Settlement

The SEC announced last week its first enforcement action based exclusively on a claim that a company retaliated against a whistleblower in violation of Dodd-Frank's whistleblower protection provisions.
4 minute read

Corporate Counsel

The Anti-Technology Litigator: A Critical Member of the Litigation Team?

The bifurcated case management model, split between tech team and legal team, is unwarranted and risky.
6 minute read

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