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Corporate Counsel

Ethic Inc.'s First-Ever Legal Chief on Overseeing ESG, Driving Diversity

"As a first-year associate at a law firm with a newborn daughter, I was in a unique position to not really have the opportunity to stay closeted or not be very vocal about the importance of diverse viewpoints," Genie Cesar-Fabian said.
9 minute read

Delaware Business Court Insider

Snap Co-Founders Accused of Denying Shareholder Voting Rights

The complaint claims the amendment of California-based Snap's IPO charter without a shareholder vote constitutes a breach of fiduciary duty.
3 minute read

Corporate Counsel

Six Board Management and Corporate Governance Insights for General Counsel

Ensuring the board of directors possess the skills, knowledge, experience, and processes to effectively advise the organization and meet new expectations of corporate behavior is a key role for general counsel (GC) and corporate secretaries.
7 minute read

The American Lawyer

Greenberg Hires Squire's Corporate Governance Leader as SEC Climate Disclosures Drive Demand

Frank Placenti started at Greenberg Traurig's Phoenix office this week after 15 years at the helm of Squire Patton Boggs' corporate governance practice.
3 minute read

Delaware Business Court Insider

What Litigators Need to Know About the Amendments to Section 102(b)(7)

The Delaware legislature has passed a bill to amend Section 102(b)(7) of the General Corporation Law of the State of Delaware to alter the scope of monetary liability for officers of Delaware corporations. Specifically, the amendments extend the opportunity for Delaware corporations to exculpate their officers, in addition to their directors, for monetary liability for certain breaches of fiduciary duty.
10 minute read

Delaware Business Court Insider

Chancery Lacks Jurisdiction to Award Damages for an Improvidently Entered Injunction in the Absence of a Bond

Can the Delaware Court of Chancery award damages to a defendant who was improperly enjoined by an order that dispensed with the need for a bond because of the parties' prior contractual waiver that a bond be required?
7 minute read

The American Lawyer

Effective or Not, ESG Boycotts Targeting Pension Funds Likely to Fuel Legal Work

Anti-ESG legislation is bubbling up across the nation, causing even more scrutiny of environmental, diversity and human rights disclosures.
5 minute read

Delaware Business Court Insider

'Lame Rationales': Twitter Shareholder Lawsuit Challenges Musk's Stated Reasons for Abandoning Acquisition

The class action complaint, filed by Prickett, Jones & Elliott and Scott+Scott, states that the shareholders, not Twitter as an entity, have the most to lose if the merger doesn't go through, with the board recognizing repeatedly that the deal is for shareholders' benefit.
3 minute read

New York Law Journal

Everybody Wins: The Benefits of Collaboration Between Company and Board Counsel

During an internal investigation, company counsel and board counsel need to have an alignment of interests—namely, finding the truth and doing what's best for the company. Approaching each interaction with the intention of finding common ground can turn tense and suspicious discussions into productive ones and transform a picture of a fractured organization into a united front.
8 minute read

Law.com

How I Made In-House Counsel: 'Protect Tomorrow, Today,' Says Daniel Sanders Jr. of Nelson Mullins

"My advice to young lawyers is: When meeting with clients or business/law firm leadership, always have three versions of your presentation: 30-minute version, 3-minute version and 30-second version—because you never know how much time you will be given."
5 minute read

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