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Corporate Governance
Examining how lawyers, both in-house and outside, interact with boards of directors in times of challenge and crisis and trends in corporate law and board operations that affect companies.
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GCs Say They are Getting 'Edged Out' of UK Boardrooms
By Jack Womack | December 17, 2024
Many in-house lawyers believe the role of general counsel is being diminished in U.K. companies, with lawyers having to fight harder than ever to get their voice heard.
1 minute read
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Webber Wentzel Shakes Up Management With Elections For Top Partners
By Alfred Olufemi | December 4, 2024
Webber Wentzel has appointed Safiyya Patel and Gareth Driver as new managing and senior partners, succeeding Sally Hutton and Christo Els in March 2025.
1 minute read
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A&O Shearman Becomes First Long-Term Corporate Partner to UN Refugee Agency
By Habiba Cullen-Jafar | October 30, 2024
The partnership will see the firm donate up to £500,000 of partner profits to the emergency fund over the next five years.
2 minute read
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White & Case Brought in as Mike Ashley Demands Boohoo CEO Role
By Habiba Cullen-Jafar | October 25, 2024
The fast-fashion retailer is undergoing a strategic review, having earlier this week secured a £222 million debt financing agreement to help shore up its finances.
2 minute read
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Awash With Social Concerns: Why and Where the Law is Changing
By Leonie Timmers and Rebecca Chin, Herbert Smith Freehills | October 7, 2024
Regulatory pressure on greenwashing is why a similar trend is emerging for social washing.
5 minute read
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Carrots vs. Sticks: How Companies Are Using Corporate Compliance Strategies to Fight Corruption in Latin America
By Gregory Bates and James Tillen, Miller & Chevalier Chartered | August 27, 2024
Corruption in Latin America remains widespread, despite government efforts to curtail it, but businesses operating in the region are rising to the challenge. Data from a recent survey reveals that corporations are increasingly responding to elevated corruption risks and low levels of trust in state institutions by adopting sophisticated compliance strategies that mitigate risks and protect legitimate business operations. (Part 2)
5 minute read
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Carrots vs. Sticks: Corporate Compliance, Not Enforcement, Is Driving the Fight Against Corruption in Latin America
By Gregory Bates and James Tillen, Miller & Chevalier Chartered | August 26, 2024
Corruption in Latin America remains widespread despite government efforts to curtail it, but businesses operating in the region are rising to the challenge. Data from a recent survey reveals that corporations are increasingly responding to elevated corruption risks and low levels of trust in state institutions by adopting sophisticated compliance strategies that mitigate risks and protect legitimate business operations.
5 minute read
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'Firms Fear the PR Hit, Not the Sanction': Big Law on Edge After Simpson Thacher AML Prosecution
By Jack Womack | August 22, 2024
The London office of another prestigious New York-headquartered law firm has expressed concern over the news this week that Simpson Thacher will face a U.K. tribunal for alleged AML shortcomings.
5 minute read
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General Counsel Should Help Prevent Greenwashing, Australia Securities Regulator Says
By Christopher Niesche | August 1, 2024
The Australian Securities & Investments Commission has been very focused on greenwashing and is likely to launch more prosecutions.
5 minute read
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Gibson Dunn Guides UK Takeover Panel to Issuing Toughest Ever Punishment
By Habiba Cullen-Jafar | July 31, 2024
The ten individuals have been punished for breaches to the code from over a decade ago.
2 minute read
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GOP Now Holds FTC Gavel, but Dems Signal They'll Be a Rowdy Minority
By Chris O'Malley | February 4, 2025
"He's just mad, and he shows it," University of Washington law professor Douglas Ross said of Democratic FTC commissioner Alvaro Bedoya.
1 minute read
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M&A Transactions and AB 1824: Navigating New Privacy Compliance Challenges
By Nina Flax and Stephanie Hurst and Peter Wolf | January 28, 2025
This article explores the implications of AB 1824 for companies involved in M&A transactions, focusing on the new legal obligations on the buyer and the necessity of target businesses to maintain opt-out records.
1 minute read
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Big Tech Is Cozying Up to President Trump. Here's Why Their Lawyers Are Cautiously Optimistic
By Samson Amore | January 27, 2025
Regulations on most of Big Tech’s operations are expected to ease under Trump, paving the way for more deals in AI, crypto and space tech.
1 minute read
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Starbucks Hands New CLO Hefty Raise, Says He Fosters 'Environment of Courage and Joy'
By Greg Andrews | January 27, 2025
Brad Lerman has helped the company navigate a litany of sticky situations, including the firing of its CEO, a proxy battle with activist investors and tensions with workers over their nationwide unionizing drive.
1 minute read
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Internal Whistleblowing Surged Globally in 2024, So Why Were US Numbers Flat?
By Chris O'Malley | January 24, 2025
"While the jury is still out on whether the DOJ's whistleblower awards pilot program will lead to more employees skipping over internal organizational hotlines to report directly to the DOJ and other agencies, some organizations should be concerned," said Laura Jacobus, executive director of ethics, compliance and training at Mitratech.
1 minute read
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The New Trump Worksite Enforcement Paradigm: Everything You Need to Know
By Ryan McConnell and Lawrence Finder and Matthew Boyden and Meagan Baker Thompson | January 23, 2025
Tom Homan, the new “Border Czar,” has made clear before and after Trump’s inauguration that worksite enforcement will be a key piece of Trump’s immigration reform actions.
1 minute read
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Meta Workers Aren't of One Mind on Company's Retreat From DEI, Fact-Checking
By Greg Andrews | January 23, 2025
Forty-five percent of the 965 Meta employees surveyed by the anonymity-protecting messaging app Blind disagreed with the company's shutdown of its DEI initiatives, while 43% agreed with it.
1 minute read
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John Deere Annual Meeting Offers Peek Into DEI Strife That Looms for Companies Nationwide
By Chris O'Malley | January 22, 2025
"There is no reason to believe companies are genuinely eliminating DEI—they are just going to hide it better," said Paul Chesser of the National Legal and Policy Center, a nonprofit opposing corporate diversity programs.
1 minute read
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Delaware Business Court Insider
Elon Musk’s Tesla Pay Case Stokes Chatter Between Lawyers and Clients
By Ellen Bardash | January 22, 2025
Musk continues to fight the Delaware Court of Chancery’s decision to overturn his compensation plan at Tesla, appealing two decisions from the court to the Delaware Supreme Court last week. Since December, there’s been growing concern among investors about how the Delaware courts weigh issues around shareholder democracy.
1 minute read
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Delaware Business Court Insider
Chancery: Common Stock Worthless in 'Jacobson v. Akademos' and Transaction Was Entirely Fair
By Cliff C. Gardner and Connor K. Judge | January 22, 2025
Jacobs v. Akademos is a post-trial opinion that addresses a squeeze-out merger where Akademos’ (the company) common stockholders were provided zero consideration. Vice Chancellor Travis Laster found that the common stock was worthless for appraisal purposes and that the transaction was entirely fair.
1 minute read
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