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Corporate Counsel

A Leadership-Level Conversation on the General Counsel's Role

One of the key governance issues of 2023 has been the increasing conflict between the board and its chief executive officer on their respective roles; i.e., the hazy line between governance and management. It's a conflict that can extend to the role and function of the general counsel.
6 minute read

Legaltech News

Baker McKenzie AI Expert on Why the EU's AI Act May Have Limited Impact

Legaltech News caught up with Lothar Determann, author of the upcoming Determann's Field Guide to Artificial Intelligence Law, to discuss whether cross-disciplinary compliance efforts to AI are truly possible, whether data privacy laws are the right tools to regulate generative AI and more.
8 minute read

Delaware Business Court Insider

Delaware Transaction Law Lineage Laid Out in Long-Awaited Match Group Argument

It's time to draw some lines on where so-called "MFW creep" ends, Delaware Supreme Court justices said during argument in the Match Group shareholder appeal.
4 minute read

Delaware Business Court Insider

Chancery Denies Motion to Vacate Advancement Orders Based on Belated Assertion of Arbitration Provision

Parties in business transactions sometimes decide by contract that disputes relating to or arising out of their contractual relationship shall be resolved by arbitration. If and when a dispute arises, a threshold issue is whether the dispute is covered by arbitration and if so, whether any aspect may be resolved by a court.
6 minute read

Corporate Counsel

Ex-Louis Vuitton Lawyer Who Went Public With Sexual Harassment Claims Files Retaliation Lawsuit Over Firing

Andowah Newton alleges the luxury goods maker turned on her after she testified before Congress in favor of legislation that bans forced arbitration of sexual harassment claims.
6 minute read

The Legal Intelligencer

Legal Professionals, AI and the Future of M&A Dealmaking

As an industry that focuses on the review, processing and creation of data and content, the legal sector is naturally positioned to benefit directly from the use of AI. However, these opportunities are countered by challenges surrounding the handling of information and data.
8 minute read

Delaware Business Court Insider

Upcoming Argument Could Reshape Delaware's Role in Controlling Shareholder Deals

Over time, the Delaware courts have started to apply the MFW test to other types of transactions, an expansion attorneys call "MFW creep."
4 minute read

Corporate Counsel

Applications for Artificial Intelligence: Internal Investigations

Emerging from the COVID-19 pandemic, we are entering a world that is more digital and flexible than ever before. Companies have operationalized remote-working arrangements, and in this environment, companies will need to develop internal investigation protocols to improve their detection capabilities for fraud and illicit conduct.
6 minute read

Delaware Business Court Insider

As 2023 Closes, Here's the Delaware Litigation Elon Musk Still Needs to Worry About

More than a year after trial, there's still no Court of Chancery ruling on whether Tesla's compensation plan for Musk, valued at $56 billion, was fair to shareholders and properly vetted by Tesla's directors.
4 minute read

Delaware Business Court Insider

What Does My Signature Page Attach To? An Important Lesson in Contracting

In Braga, an investor sought to rescind an agreement and recoup its investment based on a fraudulent inducement theory after the investor's relationship with the deal sponsor turned sour. The Delaware Court of Chancery refused to undo the transaction and the investor was left with several expensive lessons in deal making.
6 minute read

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