Legal Services

  • The Recorder

    Issues to Consider When Asking a Partner to Leave

    By Randy Evans and Shari Klevens | July 26, 2017

    As law firms grapple with new economic realities, it is becoming more common for firms to ask individual or groups of partners to leave in an effort to shore up the firm's finances. Not only can this decision be extremely difficult considering the firm's personal relationships with those partners, it can also involve ethical and financial risks for the firm and for the departing partner.

    1 minute read

  • Delaware Business Court Insider

    Slights Finds a Limit on Corporate Power to Validate Acts Under DGCL Section 204

    By James G. McMillan III | July 26, 2017

    In a case of first impression, Vice Chancellor Joseph R. Slights III of the Delaware Court of Chancery ruled that Section 204 of the Delaware General Corporation Law cannot be used to validate an "unauthorized" corporate act.

    1 minute read

  • Delaware Business Court Insider

    Court Upholds Stockholder's Share Ownership and Books-and-Records Request

    By Lewis H. Lazarus | July 26, 2017

    Companies often defend against stockholder requests to inspect books and records by contending that the plaintiff stockholder lacks a proper purpose or that his or her stated purpose is not the real purpose.

    1 minute read

  • Corporate Counsel

    Texting—It's Like Deja Vu All Over Again

    By John Sharpe and Greg Amoroso | July 26, 2017

    Texting is the new email dilemma. When email first emerged as a common method of business communication, regulators demanded that firms monitor and retain emails as part of their supervisory responsibilities and, in response, firms developed policies and protocols governing email usage. Naturally, emails had a significant impact on litigation and regulatory proceedings and, more specifically, made both processes more costly and time consuming.

    1 minute read

  • Daily Business Review

    FCPA Compliance in Cuba—Regulatory Hurdles Remain

    By Commentary by Richard Montes de Oca and Steven Neuman | July 25, 2017

    In June, the Trump administration announced its new Cuba policy, which was presented as a cancellation of the Obama administration's agreement to normalize U.S. relations with "the island." This new policy tightens restrictions on U.S. persons who wish to travel to Cuba and limits the ability of U.S. businesses to engage in commerce with GAESA (Grupo de Administración Empresarial S.A.), the Cuban military's business and commerce division, write Richard Montes de Oca and Steven Neuman.

    1 minute read

  • The American Lawyer

    MoFo Practice Leader Leaves for Baker Botts' Bay Area Base

    By Rebecca Cohen | July 25, 2017

    Baker Botts has recruited environmental partner Christopher Carr in San Francisco from Morrison & Foerster, where he was chair of the latter's environment and energy group and co-chair of the firm's unmanned aerial systems and drone group.

    1 minute read

  • The Legal Intelligencer

    Pa. High Court Addresses Scope of the Environmental Rights Amendment

    By Terry R. Bossert | July 25, 2017

    On June 20, the Pennsylvania Supreme Court issued a significant and potentially far-reaching opinion in Pennsylvania Environmental Defense Foundation (PEDF) v. Commonwealth of Pennsylvania, 2017 Pa. LEXIS 1393, No. 10 MAP 2015 (June 20, 2017).

    1 minute read

  • The Legal Intelligencer

    EPA Budget Cuts: Welcome Change or Cause for Concern?

    By Andrew S. Levine and Catherine M. Ward | July 25, 2017

    The Trump administration's proposed budget cut of approximately 25 percent of the Environmental Protection Agency's enforcement budget ($129 million) is consistent with candidate Trump's platform targeting the EPA for failing to appropriately favor crucial business interests against what he perceives as environmentalists hell-bent on the dismantlement of the U.S. industrial base.

    1 minute read

  • The Legal Intelligencer

    Energy-Dominance Agenda and Regulatory Challenges

    By Steven M. Taber | July 25, 2017

    On March 28, President Donald Trump signed the presidential executive order on Promoting Energy Independence and Economic Growth. This executive order hopes to be the catalyst to "unleash America's $50 trillion in untapped shale, oil and natural gas reserves, plus hundreds of years in clean coal reserves." And by doing so, it aims to make the United States the global leader in fossil-fuel production and achieve not just "energy independence," but "energy dominance"—a phrase that was front and center during the Trump administration's (June 26–30, 2017), "Energy Week."

    1 minute read

  • The American Lawyer

    Ex-Chadbourne Partner Campbell Opens Firm Amid Ongoing Sex Bias Lawsuit

    By Scott Flaherty | July 25, 2017

    Kerrie Campbell, who was ousted from Chadbourne & Parke's partnership amid a lawsuit alleging the firm discriminated against female partners, has opened her own legal outfit, according to Washington, D.C., bar records.

    1 minute read

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