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Corporate Counsel

Conducting Complex Internal Investigations in Complex Times: Key Considerations For Successful Outcomes

The ability to conduct an effective internal investigation and at the same time satisfactorily respond to different stakeholders, while also preserving privilege when appropriate, is more difficult and multi-faceted than ever before. In this article, we provide strategies to help companies navigate these complexities.
6 minute read

Daily Report Online

What Lawyers Should Know About the Corporate Transparency Act

The CTA's effective date, Jan. 1, is fast approaching. Thus, lawyers and law firms should prepare by considering not only the reporting obligations of their clients, but also whether they have any newly imposed obligations themselves.
5 minute read

New York Law Journal

Congress Should Amend the Diversity Statute to Address LLCs

Marc Greewald and Leigha Empson discuss how Congress should amend the diversity statute so that citizenship of LLCs for the purposes of diversity jurisdiction would be determined by the LLC's principal place of business and the state under whose laws it is organized, not by the citizenship of each of its members.
12 minute read

Corporate Counsel

GCs Urged to Get Personally Involved in Director Recruitment

A new Gartner survey found general counsel tend to focus on director onboarding and education rather than on recruitment, even though many rank their company's board as ineffective.
3 minute read

Daily Report Online

'Should Have Been Resolved Earlier': How This Plaintiff Got Almost Everything He Asked for in a $1M Bibb County Verdict

"We represent a single individual in his mid-60s who obviously was concerned about spending his entire retirement on the case and they are a multi-million dollar conglomerate of companies," said plaintiff's attorney Doug Kertscher.
5 minute read

Legaltech News

Altman Was Out, Until He Wasn't: Legal Tech Reacts to OpenAI's Leadership Shuffle

Legaltech News caught up with some industry insiders to discuss OpenAI's head-spinning leadership changes from the past week, ranging from the board's ousting of Sam Altman to reinstating him as CEO as of Nov. 21.
7 minute read

Delaware Business Court Insider

Del. High Court Further Clarifies Standard for Confidentiality of Books and Records Produced Under DGCL Section 220

In the Hauppauge Digital case, the court affirmed the Court of Chancery's discretion to reject the parties' proposed confidentiality restrictions, and held that the decision regarding confidentiality restrictions is "a context-driven balancing exercise, the result of which will not be disturbed on appeal unless clearly unreasonable or capricious."
5 minute read

Corporate Counsel

Mass Resignations Could Gut OpenAI's Legal Department

A letter signed by the vast majority of the company's 770 employees called for the resignation of the board and the reinstatement of CEO Sam Altman and President Greg Brockman.
4 minute read

Corporate Counsel

OpenAI's Unique Corporate Structure May Have Been Recipe for Trouble

"You either go nonprofit or you go for-profit, I don't think you can split the difference," corporate governance expert Charles Elson said.
6 minute read

Delaware Business Court Insider

Delaware Shareholder Lawsuit Against Disney Claims Insider Trading by Execs

The complaint claims that since December 2020, Disney has been misleading investors about its streaming platform by concealing expenses and the difficulty of sustaining subscriber growth.
3 minute read

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