News and Events for Attorneys and Executives

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Securities Lawyers Shocked By Elon Musk’s Tweet, Point to Potential Legal Minefield

Securities Lawyers Shocked By Elon Musk’s Tweet, Point to Potential Legal Minefield

News
Securities lawyers said Telsa’s board would have to form a committee to explore a take-private or risk being accused of skirting their duty, reports CNBC.

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How Fair – or Legal – are Non-poaching Agreements?

Insight
Franchisors have these agreements with their franchisees in order to prevent employees from leaving one franchise to join another within the same chain.

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When Your Contract Includes an Arbitration Clause: Who Decides the Arbitrability of the Dispute?

When Your Contract Includes an Arbitration Clause: Who Decides the Arbitrability of the Dispute?

Insight
Parties wishing to ensure resolution of “gateway” questions of arbitrability by a specific decision-maker –whether the court or arbitrator –should spell out their preference as clearly as possible in the arbitration clause, according to Williams Mullen.

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Invention Assignment Agreements – How to Avoid Pitfalls

Insight
Agreements should also be drafted to encompass the widest range of intellectual property possible, advises Jeffrey A. Simmons of Foley & Lardner.

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Requiring Buyers to Buy Service Contracts? Read This.

Insight
When a dealer requires a service contract in financing transactions, but not in similar cash transactions, the charge for the service contract must be treated as a finance charge, according to a Hudson Cook post.

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Parking Garage Collapse: What Car Owners With Damaged Vehicles Should Consider

News
When it comes to repairing cars damaged in a commercial parking garage collapse, owners should consider going through their car insurance carriers first, says a Dallas lawyer.

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Firm Disqualified for Dropping One Client, Then Suing It for Another

News
A Massachusetts federal judge said Sunstein Kann Murphy & Timbers LLP’s breach of duty of loyalty was clear and the situation was not “unforeseeable,” reports Bloomberg Law.

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Google Just Promoted Its Top Lawyer to Run Global Affairs

Google Just Promoted Its Top Lawyer to Run Global Affairs

News
In his new role, Kent Walker will  oversee Google’s policy, legal, trust and safety, and corporate philanthropy teams.

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Can a Smart Legal Contract Be Considered a Contract According to U.S. Contract Law?

Can a Smart Legal Contract Be Considered a Contract According to  U.S. Contract Law?

Insight
Smart contracts can easily comply with offer, acceptance, and consideration requirements of conventional contracts, writes Mykyta Sokolov for lawless.tech.

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Buy-Sell Agreements – A Must for Start-Ups with Multiple Owners

Insight
A buy-sell agreement addresses voluntary separations – i.e. an owner wants to retire, finds other interests or simply loses the spark with his/her co-owners, explain authors Amy Plummer and Laura Wasson.

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Papa John’s Founder Sues the Company, Seeking Documents Related to His Ouster

News
A Papa John’s spokesman called John Schnatter’s filing “a needless and wasteful lawsuit in an attempt to distract from his own words and actions.”

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Burn Victim Sues Chinese Phone Subsidiary ZTE USA Over House Fire

News
The plaintiff suffered serious burns from a fire he attributed to his recently purchased ZTE ZMax Pro Blu phone catching fire while he slept.

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US Duck Boat Operators Under Scrutiny Following Branson Drowning Tragedy

Insight
The latest tragedy should spur operators everywhere to take a close look at safety procedures and design issues and ensure that personnel are properly trained to respond to emergencies, said Steve Fernelius of Houston-based Fernelius Simon.

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Facebook GC Leaving as the Company Grapples With Election Aftermath, Federal Investigation

News
Colin Stretch led Facebook’s investigation into Russian meddling, and has been key in crafting the company’s legal response to the Cambridge Analytica privacy debacle.

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Webinar: Open Source Software – Risk Management & IP Value Protection

Webinar: Open Source Software – Risk Management & IP Value Protection

Webinar, July 31, 10 a.m. CDT
Security vulnerabilities or licensing loopholes stemming from open source software can result in product recalls, the loss of valuable IP and terrible damage to your reputation and bottom line.

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Former Energy XXI CEO Agrees to Settle SEC Charges

News
The SEC alleged John D. Schiller Jr. maintained an extravagant lifestyle using a leveraged margin account secured by his shares in the oil and gas producer.

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Software as a Service (SaaS) Agreements: Who Owns What?

Software as a Service (SaaS) Agreements: Who Owns What?

Insight
The Tech & Sourcing blog of Morgan Lewis takes a look at Software as a Service (SaaS) agreements — starting with the perspective of a solution that uses a dedicated service.

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Oral Revocation of Consent Insufficient Where Contract Required Writing

Oral Revocation of Consent Insufficient Where Contract Required Writing

Insight
A post on the website of Manatt, Phelps & Phillips discusses a case in which an Ohio federal court found that, where a contract required written revocation of consent to be contacted, a consumer’s attempt to orally revoke consent failed.

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Court Affirms Take-Nothing Verdict for Company Harmed by Texas Ponzi Scheme

News
A federal district court judge has affirmed a take-nothing defense verdict for the owner of an Oklahoma City-based company that unknowingly provided services in connection with a mineral royalties Ponzi scheme.

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Does Your Employee Agreement Address These Three Often-Overlooked IP Provisions?

Insight
Intellectual property can be one of the most valuable assets of a company and should not be glossed over, warns John E. Munro of Harness, Dickey & Pierce.

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