News and Events for Attorneys and Executives

Tag: Corporate

Median CEO Pay for the 100 Largest Companies Reaches Record $15.7 Million

News
The highest-paid CEO in this year’s study is Broadcom’s Hock Tan, with a 2017 compensation package valued at $103.2 million, The Washington Post reports.

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Wynn Resorts Settles Lawsuit for $2.4B Over Forced Redemption of Shares

Wynn Resorts Settles Lawsuit for $2.4B Over Forced Redemption of Shares

News
The legal fight between the companies dates back to 2012, when Wynn Resorts pushed out Universal’s founder Kazuo Okada after finding the Japanese tycoon made improper payments to overseas gambling regulators, reports the AP.

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Ex-Regal Execs to Draw $30 Million Total in Severance Pay

Ex-Regal Execs to Draw $30 Million Total in Severance Pay

News
Ex-general counsel Peter Brandow will receive a $1.04 million payment and an $1.1 million bonus, for an ultimate total payout of $4.7 million, reports Knox News.

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Bankrupt Toys R Us Can Pay Executives Millions of Dollars in Bonuses, Judge Rules

Bankrupt Toys R Us Can Pay Executives Millions of Dollars in Bonuses, Judge Rules

News
Attorneys for the company argued in court papers that the bonuses would help encourage executives to focus on driving up sales as the holidays approach, reports The Washington Post.

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Download: Complimentary Copy of NACD’s New Culture Report

Download: Complimentary Copy of NACD’s New Culture Report

Insight
The National Association of Corporate Directors (NACD) has published report titled “Culture as a Corporate Asset: Translate Values into Value,” the topic of this year’s NACD Blue Ribbon Commission Report.

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3 Ways to Transition Your Committee Effectively

3 Ways to Transition Your Committee Effectively

Insight
The National Association of Corporate Directors has published a guide to leading practices for key committee succession planning and new-director onboarding.

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Case Study – An Inside Look at PayPal’s ELM Implementation

Case Study – An Inside Look at PayPal’s ELM Implementation

Insight
During the 2017 CLOC Annual Legal Operations Institute in Las Vegas, Onit and PayPal presented a session titled, “Next Generation Enterprise Legal Management (ELM): People. Process. Automation.”

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Marissa Mayer’s $23-Million Severance From Yahoo May Look Obscene. But It’s Even Worse.

Marissa Mayer’s $23-Million Severance From Yahoo May Look Obscene. But It’s Even Worse.

News
Former CEO Marissa Mayer’s golden parachute may end up being more than triple the announced $23 million that she is due from Yahoo in its acquisition by Verizon, according to an article in The New York Times.

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‘Overpaid’ CEOs a Risk for Investors, Study Finds

‘Overpaid’ CEOs a Risk for Investors, Study Finds

News
Among the chief executive officers it labeled as “overpaid” was Discovery Communications Inc. CEO David Zaslav, who received $32.4 million in 2015. During the study period, Discovery shares fell 12 percent.

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Latham Advises Onex and Baring Asia on Thomson Reuters Acquisition

News
Onex Corporation and Baring Private Equity Asia have announced their affiliated private equity funds have agreed to acquire the Intellectual Property & Science business (IP&S) from Thomson Reuters, for $3.55 billion.

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