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International Edition

Brazil Sees Diminishing Dividends From 'Car Wash' Probe 

Reversals of high-profile rulings related to the groundbreaking "Car Wash" graft investigation tarnish the South American country's compliance gains.
5 minute read

Delaware Business Court Insider

Court Battle Over Musk's Compensation Is Far From Over, Even After Ratification Vote, Experts Say

The vote doesn't negate the Delaware Chancery Court's decision faulting the process by which Tesla's board originally approved the CEO's pay package.
3 minute read

Delaware Business Court Insider

'The Preposterous Has Become Reality': Chancery Filings Continue to Target Musk, Tesla Board

Complaints in Delaware court allege that Elon Musk sought to take AI-related projects elsewhere if he could not maintain a 25% equity stake in the electric car manufacturer.
3 minute read

Law.com

Inside Track: Most Companies Try to Keep Shareholder Ire in Check. Exxon Is Blazing a Different Trail

"How can shareholders effectively hold a giant like Exxon accountable while facing legal retribution?" said Georgia Stewart, CEO of Tumelo, an investor-engagement platform.
6 minute read

International Edition

Multinationals Face Huge Fines for Supply Chain Breaches Under New EU Directive

International companies that fail to comply with the EU Corporate Sustainability Due Diligence Directive by 2027 could face fines as high as 5% of their worldwide turnover as well as increased compliance costs and lawsuits.
5 minute read

Delaware Business Court Insider

Musk's Focus on X Has Come at Tesla's Expense, Shareholder Lawsuit Claims

"Neither Musk's past success nor his importance to Tesla's business gives him carte blanche to treat his fiduciary duties to Tesla as optional," the complaint states.
4 minute read

New Jersey Law Journal

Rutgers General Counsel Nominated to Fill Retiring Justice's Vacancy on New Jersey Supreme Court Bench

"The irony is not lost on me, that the seat that we are here talking about, is the seat that belongs to my second boss at the U.S. Attorney's Office, Justice Lee Solomon, who served this court with incredible dignity, with incredible respect, and with incredible grace," New Jersey Supreme Court nominee John Jay Hoffman said.
4 minute read

Daily Business Review

Navigating the CTA: Compliance Tips for Condo and Homeowner Associations

The Corporate Transparency Act (CTA) was enacted in 2021 with an effective date for compliance on Jan.1, 2024. This legislation plays a crucial role in preventing illegal money transfers into the U.S. from abroad as well as combat tax fraud and other illicit activities.
4 minute read

New York Law Journal

Hitting 'Pause' on the Corporate Transparency Act: Part I

In this first article of his two-part series, Anthony Sabino discusses 'National Small Business United v. Yellen,' which held the Corporate Transparency Act to be unconstitutional on multiple grounds. This installment summarizes the regulatory scheme and analyzes the district court's holdings.
8 minute read

Corporate Counsel

Autonomy CEO Downplays Panicked Emails, Denies Firm Was Tanking Before $11B Sale to HP

"What we're looking at is the sausage-making that goes into every quarter and the stress that goes into sales," Autonomy CEO Michael Lynch said of internal emails expressing alarm about the company's progress closing deals.
6 minute read

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