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Corporate Counsel

In Wake of FCPA Deal, VimpelCom Hires New Compliance Chief

Months after Dutch telecom giant VimpelCom agreed to settle bribery charges with regulators both at home and abroad, the company hired a new chief compliance officer, J. Daniel Chapman.
7 minute read

New York Law Journal

Director Tenure Remains a Focus of Investors and Activists

David A. Katz and Laura A. McIntosh discuss director tenure, or "board refreshment," and write: The best way to achieve healthy board turnover is not term limits or retirement ages but a robust director evaluation process combined with an ongoing director succession process.
21 minute read

Corporate Counsel

Building a 'Founder's Mentality' Into Your Legal Department

You want your lawyers to be insurgents, thinking outside of the box, working efficiently, and treating the company the same way an owner would in terms of managing resources and costs.
8 minute read

The Recorder

Federal Circuit Builds a Wall Between Patent and Fiduciary Claims

A $20 million bench verdict for a medical device maker bites the dust as appellate court says breach-of-fiduciary-duty claims belonged in state court.
12 minute read

Delaware Business Court Insider

Derek Jeter to Face Fraud Allegations

Former New York Yankees shortstop Derek Jeter will have to defend against allegations that he defrauded luxury underwear maker RevolutionWear Inc.
3 minute read

New York Law Journal

Adventures in Corporate Governance: Guarding the Internet

In his Corporate Securities column, John C. Coffee Jr. of Columbia University Law School addresses the questions: Is a "takeover" or other control change at Internet Corporation for Assigned Names and Numbers (ICANN) likely, or even feasible, as a result of the proposed restructuring of ICANN? Can China, a private entrepreneur, or anyone else, "steal" control of ICANN?
33 minute read

Daily Business Review

Attorneys Take Boca Raton Health Care Company Public

Gunster attorneys David Scileppi and Robert Lamm advised a Boca Raton-based healthcare company that went public in June.
4 minute read

New York Law Journal

New York and Delaware Agree: Directing Should Be Left to Directors

Andrew W. Stern and Benjamin F. Burry write: The New York Court of Appeals has expressly adopted the standard from Delaware's highest court governing transactions in which a controlling shareholder proposes to take a public company private. But perhaps not enough attention has been paid to these two influential courts' having put the proverbial nail in the coffin of the proposition that ad hoc judicial inquiry provides better protection of shareholder rights than a properly run corporate process, overseen by independent fiduciaries.
21 minute read

Litigation Daily

Sanctions Sought for 'Truly Outrageous' Deposition

Two hundred and ninety-four. That's how many questions the former CEO of software maker Kony Inc. refused to answer during a deposition before walking out early, according to a motion for sanctions by opposing counsel, who called it “a stunning display of misconduct.”
9 minute read

Daily Business Review

Venezuela to Seize Kimberly-Clark Factory as Production Ends

Venezuela's government said it will seize a factory belonging to Kimberly-Clark Corp. after the U.S. personal care giant said it was no longer possible to manufacture in this crisis-wracked South American nation.
4 minute read

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