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Daily Business Review

CEO Says Layoffs Expected in Wounded Warrior Project Overhaul

Layoffs are expected at the Wounded Warrior Project amid a restructuring that follows scrutiny over its spending, according to the charity's new chief executive.
4 minute read

Corporate Counsel

UK Probes Airbus Bribe Allegations

The United Kingdom's Serious Fraud Office announced Monday that it has opened a criminal investigation into possible fraud, bribery and corruption in the company's civil aviation business, which is based in France.
3 minute read

Texas Lawyer

Let The Games Begin

Did geographical distance, or the dazzle of his roster of professional baseball and football playing clients--including former New York Jets quarterback Mark Sanchez, San Francisco Giants' Jake Peavy, and former Texas Rangers' Roy Oswalt—allow an investment advisor to hide from his management for more than half a decade an alleged pyramid scheme?
9 minute read

New York Law Journal

Suit Against Delaware Chancellor Said to Stand Little Chance

Corporate governance experts say a Transperfect employee's free speech suit against Chancellor Andre Bouchard over the company's forced sale isn't likely to survive.
22 minute read

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

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