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National Law Journal

The 2022 NLJ Awards: Professional Excellence—ESG & Community Impact Leaders

We salute these law firms and lawyers for their success in their perspective fields.
1 minute read

Daily Business Review

Wall Street Blames War, GOP for Making Climate Goals Harder to Meet

Russia's unprovoked attack on Ukraine, the energy crisis and U.S. politics necessitate greater clarity about banks' environmental commitments, according to the chair of the Net-Zero Banking Alliance.
4 minute read

Delaware Business Court Insider

Chancery Decision Reaffirms 2 Principles of Del. Alternative Entity and Contract Law

Vice Chancellor Lori Will's recent post-trial decision in Avgiris Brothers v. Bouikidis is a useful reminder of the benefits of a well-drafted LLC agreement and reaffirmed two bedrock principles of Delaware alternative entity and contract law—parties are given wide latitude to order their affairs through a LLC agreement and that Delaware courts will strictly construe the language of those agreements.
6 minute read

New York Law Journal

Litigation Considerations, Part 2: Delaware LLCs

This article—the second in a three-part series examining common features of real estate transactions that can benefit from a litigation analysis in the negotiation phase—focuses on two of those aspects: statutes of limitations and waivers of duties.
7 minute read

International Edition

Kennedys Sets Ambitious Emissions Target For 2030

Squire Patton Boggs and Slaughter and May have both announced ambitious targets of their own in 2022 so far, as firms look to scale back their energy usage.
2 minute read

Corporate Counsel

'You Take A Risk Speaking Out': GCs Discuss Process Behind Social and Political Stances

In-house leaders at a Minority Corporate Counsel Association conference agreed that caution and planning should guide the decision to speak up or not.
5 minute read

Corporate Counsel

Former JPMorgan Chase Senior Lawyer Promoted to USAA Governance Chief

Jason Klein is becoming chief corporate governance officer of a financial services giant with 38,000 employees.
2 minute read

New York Law Journal

FanDuel Founders' $1 Billion Suit Against Allegedly 'Conflicted' Directors Behind Merger Is Tossed

"Plaintiffs have failed to state a claim for breach of fiduciary duty" under Scottish law, which controls, "as Scots law states that directors generally owe fiduciary duties only to their company, not to its shareholders," wrote the appeals court based in Manhattan.
7 minute read

New York Law Journal

Delaware and UK Boards Consider ESG: A Transatlantic Perspective

Recently, a debate about directors' obligation to pursue ESG considerations under the revitalized 'Caremark' standard has raised the stakes for directors of Delaware corporations, and gives us reason to compare the role of a Delaware board with that of a UK board with respect to ESG considerations.
8 minute read

New York Law Journal

The Universal Proxy: A New Era Commences

Management and boards of directors should be well prepared for the changing landscape of shareholder activism that will likely result from the recent implementation of the universal proxy card system.
8 minute read

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