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Inside Counsel

Regulatory: The Emerging Battle Over Regulation of Greenhouse Gases

The battle over greenhouse gas emissions is being waged in all three branches of government.
3 minute read

International Edition

JP Morgan recruits BoA legal veteran for new banking reform brief

JP Morgan Chase & Co has appointed a senior banking lawyer to a newly-created brief to deal with a raft of financial regulatory reforms occurring around the world, writes Corporate Counsel. The US banking group this week (8 September) announced the hire of Gregory Baer, a deputy general counsel at Bank of America Corporation, to the new post. In a memo to staff, JP Morgan general counsel Stephen Cutler wrote that Baer will be joining the firm at the end of September as managing director and general counsel for corporate and global regulatory. Baer will report to Cutler while splitting his time between New York and Washington DC.
3 minute read

International Edition

Austria's Schoenherr launches compliance and white-collar crime practice

Austria's Schoenherr has launched a dedicated compliance and white-collar crime practice in response to an increase in client demand. The new practice will be led by partners Wolfgang Hoeller and Heidemarie Paulitsch, and will specialise in advising companies that have been damaged by criminal activities and face criminal liability.
2 minute read

International Edition

Switzerland: Letting the outside in

Switzerland's legal market has long been dominated by domestic law firms but recent changes in the banking sector and in financial legislation are encouraging a more international outlook, says Suzanna Ring
15 minute read

Inside Counsel

Regulatory: Federal Acquisition Regulation Council Amendment Requires Greater Transparency

The latest reporting requirement for government contractors.
6 minute read

International Edition

Norton Rose hires Linklaters practice chief for Italy antitrust launch

Norton Rose is set to launch an antitrust, regulatory and competition practice in Italy with the hire of Linklaters' competition and antitrust head in the country. Andrea Zulli, who was a managing associate in Linklaters' Milan base, will join Norton Rose's local office as a partner in the coming months. He relocated to the region from London in May 2009 to launch a competition and antitrust practice for Linklaters.
2 minute read

International Edition

Betting the pharma - Astellas GC Jerry Temko on the 'perfect storm' in the pharmaceuticals industry

Most in-house counsel have spent the recession attempting to maintain standards in the face of reduced resources. But Jerry Temko, general counsel and chief compliance officer of the European arm of Japanese pharmaceutical giant Astellas, has been very much in proactive mode. The credit crunch and subsequent economic crisis didn't change Temko's robust pursuit of breaches of patents and licensing contracts - in fact, if anything, it has strengthened resolve to police the company's intellectual property (IP). The strategy has paid off: during the last five years Astellas has recovered over ‚Ǩ10m (£8.2m) in patent damages from generic pharma companies and in excess of ‚Ǩ6m (£4.9m) from change of control licensing events. "Generating these recoveries changes the role and perception of the legal team; it means we're not simply a cost centre," says Temko.
6 minute read

Corporate Counsel

Dodd-Frank's Conflict Minerals Provision Exposes Congo Connections

Companies must disclose any products or processes that use minerals originating from the Democratic Republic of the Congo.
2 minute read

Inside Counsel

Regulatory: The First New Regulatory Agency of the Obama Administration

The Consumer Financial Protection Bureau will regulate the sale of financial products to consumers
3 minute read

International Edition

Former Herbert Smith senior partner Gold takes BAE compliance role

Herbert Smith's former senior partner David Gold has been appointed by the US Department of Justice (DoJ) to act as a corporate monitor of BAE Systems. The position was approved by the US Attorney General's office yesterday (30 August) and will see Gold act in an independent capacity to assess and monitor BAE's compliance with a plea bargain agreement it entered into with the DoJ earlier this year. The appointment takes effect form 1 September and will last for a minimum of three years, during which time Gold will commit at least three days a month to the role.
3 minute read

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