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Corporate Counsel

Judge Rejects Meta’s Plea to Send FTC Antitrust Suit to Trash Heap

Though Judge James Boasberg sided with the FTC, he said the "commission faces hard questions about whether its claims can hold up in the crucible of trial. Indeed, its positions at times strain this country’s creaking antitrust precedents to their limits.”
4 minute read

Corporate Counsel

CLOs Still Jazzed About Gen Al, Even as They Realize Successfully Implementing It Is Harder Than It Looks

In-house legal teams feel comfortable providing legal advice on AI-related matters, but so many employees are asking that they're struggling to keep up.
2 minute read

Corporate Counsel

AT&T General Counsel Joins ADM Board as Company Reels From Accounting Scandal

It is the first director role for David McAtee, though he's no newcomer to helping navigate a business through tumultuous times.
2 minute read

Law.com

Inside Track: How 2 Big Financial Stories—an Antitrust Case and a Megamerger—Became Intertwined

At issue is whether Discover's underperforming digital payments network would have the muscle to challenge Visa's dominance of the payments industry if regulators OK its merger with Capital One.
6 minute read

Corporate Counsel

Trump Likely to Keep Up Antitrust Enforcement, but Dial Back the Antagonism

"I would expect there'll be less aggressiveness. This administration has been hyper-aggressive. Even if you dial it back to a normal level, that'll be a change," corporate governance expert Charles Elson said.
5 minute read

Corporate Counsel

FTC Sues Cash-Advance Fintech Dave, Says It Deceives the 'Financially Vulnerable'

The Los Angeles-based company defended its business practices and called the enforcement action "regulatory overreach."
4 minute read

Corporate Counsel

As EV Startup Canoo Starts to Sink, Legal Chief Heads for Dry Land

The Justin, Texas-based company, which sold only 22 EVs in 2023, has promoted associate general counsel Sean Yan to succeed general counsel Hector Ruiz.
3 minute read

Corporate Counsel

How Dana Rao Built a 'Yes' Culture at Adobe and Why He Walked Away

When Dana Rao became general counsel of Adobe six years ago, he said he set out to recast the culture of a legal department known as a place where "good ideas go to die."
7 minute read

Corporate Counsel

Discover Hires Interim Legal Chief as $35B Sale to Capital One Faces New Hurdles

Discover had hoped to complete its sale before Hope Mehlman exits as legal chief Nov. 27. But Capital One recently acknowledged that completing the deal this year is no longer a possibility.
4 minute read

Corporate Counsel

The Reason a GC Abruptly Departs May Not Be What You Think

"One of the biggest issues is when the new general counsel and the executive leadership team are not aligned in their approach and decision-making," said John Gilmore, co-founder of the search and consulting firm BarkerGilmore.
6 minute read

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More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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