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Corporate Counsel

ESG Schism Breaks Out at Trucking Company as Board Member Quits

"I'm not surprised. I think you very well will see more of that. I doubt this will be the only one," corporate governance expert Charles Elson said.
6 minute read

Law.com

'D1 Meeting Rooms, Not Courtrooms': The Place to Change National Collegiate Athletic Association Policy, Organization President Says

"We will litigate this case to the fullest extent necessary to ensure the NCAA's monopoly cannot continue to harm Tennessee student-athletes. The NCAA is not above the law, and the law is on our side," Tennessee Attorney General Jonathan Skrmetti said.
6 minute read

The Legal Intelligencer

Staying Ahead of the Growing Data Protection and Privacy Wave: Avoiding Common Pitfalls

How do you navigate this ever-changing data protection and privacy landscape?
8 minute read

The American Lawyer

Kirkland Strikes Back in Paul Weiss Talent Battle, Also Adding Weil and Sidley Partners

Debt finance partner Paul Sandler arrived from Paul Weiss, Kirkland announced on Wednesday, alongside an insurance M&A partner from Sidley Austin and two real estate tax lawyers from Weil Gotshal.
2 minute read

Delaware Business Court Insider

Delaware Supreme Court Upholds Partnership's Anti-Competition Provision

In Cantor Fitzgerald v. Ainslie, the Delaware Supreme Court upheld the validity of a post-employment restriction in a limited partnership agreement. The decision overturned the ruling of the Delaware Court of Chancery invalidating a forfeiture-for-competition provision, which permitted the partnership to withhold distributions to partners who voluntarily withdrew from and then competed with the partnership.
3 minute read

New Jersey Law Journal

The Risks and Rewards of Becoming a Shareholder

"Whether one represents the employer or the employee, counsel is wise to consider the legal, tax, and any other consequences that follow when an employee of a corporation or an LLC is to become a co-owner of the entity," writes Stuart Pachman of Brach Eichler.
5 minute read

The Legal Intelligencer

Business Litigation Firm Sees Founding Partner Leave for Spinoff With Pa., NY, NJ Offices

Litigation boutique P&K Park is composed of five attorneys who were with the firm previously known as Littleton Park Joyce Ughetta & Kelly.
4 minute read

Delaware Business Court Insider

'Grabski v. Andreessen': Chancery Addresses 'Brophy' Claims Against Officers and Directors in a Direct Listing

In Grabski v. Andreessen, the Delaware Court of Chancery declined to dismiss fiduciary claims against officers and directors of Coinbase Global, Inc. who sold shares in a going-public transaction.
6 minute read

Delaware Business Court Insider

Icahn Stockholders Not Entitled to Privileged Info Based on Stockholders' Nomination and Employment Relationship With Company Director

In the court's recent decision, Icahn Partners v. Francis deSouza, the plaintiff Icahn stockholders sought to use privileged and confidential information shared with them by their designated director in a complaint, asserting direct and derivative fiduciary claims against other directors.
5 minute read

National Law Journal

Expect More Patent Filings After a Decade-Long Low, Say Baker Hostetler IP Practice Leaders

The most common rationale for the dearth of patent filings has been "the economy," however, the report also notes jurisdictional changes may be a cause.
5 minute read

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