News and Events for Attorneys and Executives

With Its 2018 Tax Cut, Wells Fargo Could Pay Its $1 Billion Fine 3 Times and Still Have Cash to Spare

News
The Washington Post reports that the tax cut is expected to boost Wells Fargo’s profits by $3.7 billion, according to a Goldman Sachs report.

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Term Royalty Interests Survive the Rule Against Perpetuities in Texas

News
The rule provides “that no interest within its scope is good unless it must vest, if at all, not later than twenty-one years after some life in being at the creation of the interest.”

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What to Do When You’re in the Sexual Harassment Hot Seat

What to Do When You’re in the Sexual Harassment Hot Seat

Webinar, May 2, 2018, 1 p.m. CDT
The #MeToo movement has many employers uncertain about the best ways to protect themselves from sexual harassment complaints and the right way to respond after a complaint has been made.

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Could Be Forced to Pay Billions Over Alleged Violations of Illinois Biometrics Law

Could Be Forced to Pay Billions Over Alleged Violations of Illinois Biometrics Law

News
Facebook has argued that if its collection of biometric information did not harm individuals, they do not have grounds to sue under Illinois’ biometrics law, according to the Chicago Tribune.

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Judge Says No to Law Firm on NFL Concussion Settlement

News
The Associated Press reports that a federal judge has denied a law firm’s request to be added as an administrator of the NFL’s estimated $1 billion concussion settlement.

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Trump Alleged Scandals Turn a Harsh Spotlight on This Beverly Hills Lawyer

News
Keith M. Davidson’s niche is extracting money from celebrities for clients threatening to release sex tapes or share embarrassing stories with the media, according to the Los Angeles Times.

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Dallas Lawyer Who Planted Niece in Government Job As a ‘Mole’ Gets 10-Year Max for Medical Fraud

News
Prosecutors say Dallas lawyer Tshombe Anderson and his family members used trickery and outright fraud, according to The Dallas Morning News.

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Is It Time for Form NDA Spring Cleaning?

Insight
It is important to periodically review form agreements to ensure that the provisions that were favorable or represented your company’s position in the past continue to accurately protect your company’s interests, and that includes a company’s nondisclosure agreements, according to Morgan, Lewis & Bockius.

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Is Your Agreement Non-Exclusive in Name Only?

Insight
The facts of an exclusive arrangement are generally analyzed under the rule of reason, entailing a comparative analysis of the arrangement’s benefits and its possible competitive affects, according to Epstein Becker & Green.

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DOJ Stomping Out ‘No Hire’ Agreements Among Competitors

Insight
Companies with no-hire agreements with competitors — be they written or informal — must be aware that the DOJ will investigate and prosecute these agreements, warns Goodwin Procter.

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Dual Language China Contracts: Don’t Get Fooled

Dual Language China Contracts: Don’t Get Fooled

Insight
No matter what the English language portion of your contract says, it behooves you to know exactly what the Chinese language portion says as well, writes Dan Harris.

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Rose Walker Adds Transactional, Corporate Attorney Holly Clarke

News
Business trial law firm Rose Walker has added transactional and corporate attorney Holly Clarke to the firm.

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The Biglaw Firms Potentially Caught in the Cohen Raid

News
Above the Law reports that the names of some of the biggest law firms in the country have come to light after the Department of Justice seized records from the home and office of Donald Trump lawyer Michael Cohen.

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Lawyer Convicted of Abetting Tax Evasion By Wall Street Executive’s Adult Children

News
A Manhattan jury found Michael Little, 67, guilty of helping the adult children of a Wall Street executive tap into their Swiss bank accounts, which held millions in inheritance money, without alerting the IRS, reports Crain’s New York Business.

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Sandy Hook Parents Accuse Alex Jones, InfoWars of Defamation, Seek Damages

Sandy Hook Parents Accuse Alex Jones, InfoWars of Defamation, Seek Damages

News
Plaintiffs in two lawsuits filed in Austin, Texas, allege that Jones and his media organization spread false information related to the tragedy, reports the Austin Statesman.

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Carrington Coleman Partner Named to Governing Board of National Construction Law Group

Carrington Coleman Partner Named to Governing Board of National Construction Law Group

News
Cathy Altman is one of four new members elected to the 12-member Governing Committee during the Forum on Construction Law’s annual meeting April 11-13 in New Orleans.

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Ward, Smith & Hill Helps Secure $502.6M Patent Infringement Win Against Apple

News
A jury has awarded internet security software company VirnetX $502.6 million, finding Apple Inc. willfully infringed on four patents used for VPN on Demand and Facetime in Apple products.

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Best Practices: Uncover the Full Potential of CLM Implementation

Best Practices: Uncover the Full Potential of CLM Implementation

Insight
It’s critical to start working with general counsel and other key stakeholders early when developing a business case. Having a holistic plan that ties benefits to stage and to stakeholder will keep the implementation on track.

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‘Tax Case of the Millennium’ Hits High Court: A Primer

‘Tax Case of the Millennium’ Hits High Court: A Primer

News
Bloomberg Law reports the case directly challenges the 1992 decision in Quill Corp. v. North Dakota, prohibiting states from imposing sales tax collection obligations on vendors lacking an in-state physical presence.

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Sexual Misconduct and D&O Claims

Insight
Companies that have the suggested processes and procedures in place are less likely to find themselves getting hit with these kinds of claims, writes Kevin LaCroix in The D&O Diary.

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