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Corporate Counsel

NY AG Sues Walmart, Target and Toy Importer Over Lead Compliance

The jewelry-making kits already were recalled by the U.S. Consumer Product Safety Commission, but the suit filed on Thursday in state Supreme Court in New York still seeks civil penalties and a court order to require the companies to implement additional compliance measures.
4 minute read

Corporate Counsel

Walmart Says Global Ethics and Compliance Chief Jay Jorgensen Is Leaving

Walmart Inc. announced today that Jay Jorgensen, its executive vice president and global chief ethics and compliance officer, is leaving the company to pursue other opportunities. He will be replaced by Daniel Trujillo, the company's senior vice president and international chief compliance officer, on Feb. 1.
3 minute read

Daily Business Review

Miami Firm Takes Charge in $875 Million Marine Merger

Most Effective Lawyers: International transactions — Alvarez & Diaz-Silveira's Colleen Grady served as lead counsel on the multi-firm, multinational transaction.
2 minute read

Delaware Business Court Insider

CEO Resigns in Wake of Court's Finding of Fraud in $115M Sale of Payment Processing Co.

Isreali-based media firm Taptica International Ltd said late Monday that Hagai Tal was resigning after Vice Chancellor Sam Glasscock III in his opinion found that the executive had hidden key information from buyer Great Hill Equity Partners in order to position himself as chief executive of post-merger company BlueSnap Inc.
4 minute read

Daily Business Review

Shuttered Toys R Us Building in Palm Beach Gardens Trades for $6.5 Million

This is a 36,890-square-foot former Toys R Us building on 4.4 acres.
1 minute read

Delaware Business Court Insider

Skechers Investor Sues Board in Del. Faulting Disclosure of Costs

A derivative suit filed Tuesday in Delaware federal court accused the directors of Skechers USA Inc. of hiding skyrocketing operational costs from investors at a time when the company was experiencing rapid growth in international sales.
3 minute read

Daily Business Review

Purity Wholesale Grocers Scoops Lighthouse Point Plaza for $7 Million

Address: 3100-3126 and 3128-3150 N. Federal Highway in Lighthouse PointProperty type: This is a 30,740-square-foot, one-story shopping plaza on…
1 minute read

The Legal Intelligencer

Conshohocken-Based David's Bridal Taps Debvevoise, Young Conaway to Handle Ch. 11 Bankruptcy

The dress retailer filed for bankruptcy Monday morning in U.S. Bankruptcy Court for the District of Delaware, with a deal to keep its stores open during restructuring.
3 minute read

Delaware Business Court Insider

David's Bridal Taps Debevoise, Young Conaway to Handle Chapter 11 Bankruptcy

The dress retailer filed for bankruptcy Monday morning in U.S. Bankruptcy Court for the District of Delaware, with a deal to keep its stores open during restructuring.
3 minute read

Legaltech News

Amazon-Virginia Agreement Contains 'Heads-Up' Requirement for Public Record Requests

Amazon's agreement with Virginia is legal but has caused concerns over public record transparency and Amazon's ability to silence requests.
3 minute read

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