Archive for May, 2016
Corruption Risks and Corporate Social Responsibility Spending
Article
In an attempt to promote the goodwill of the company in emerging markets, companies sometimes spend large amounts of money, only to find out later that foreign leaders have lined their pockets with the funds to the detriment of the locally intended beneficiaries.
Smart Contracts: A Tool for Bank Lawyers, Not a Replacement
Article
Banks’ interest in smart contracts could lead them to beef up their legal departments in the near term, as the financial industry and regulators alike continue to wrestle with the implications of blockchain technology, writes Brian Patrick Eha of American Banker.
Court Orders Coverage Where Breach Merely Alleged
Article
The exclusion could have been written more broadly so as to cover all claims for injury arising out of any “alleged” breach of contract in addition to all claims arising out of actual breaches of contract.
5 Key Terms to Know for Vendor Contracts
Article
While each set of tactics and strategies will necessarily reflect the internal business rules of the individual company, the five areas discussed here should form a part of any playbook, writes David Adler in CIO.
Burford Capital Expands New York Team
News
Among the client-facing new hires joining Burford in its New York office are Sarah Lieber (Vice President), Justin Brass (Managing Director) and Christopher Catalano (Director).
Actiance Announces Compliance Platform for Healthcare, Pharmaceutical Industries
As new communications channels and networks become available to the healthcare and pharmaceutical industries, records management responsibilities become even more critical.
Greensfelder Chicago signs John L. Senica, Moves to Larger Office Space
News
John L. Senica has joined Greensfelder, Hemker & Gale, P.C., in Chicago as an attorney in the Business Services Practice Group. He has more than 30 years of experience in corporate law.
Legal Symposium: Issues Facing U.S. Subsidiaries of Japanese Multinationals
Event, June 9, 8 a.m.-1:30 p.m.
Masuda Funai will host a legal symposium titled “Issues Facing U.S. Subsidiaries of Japanese Multinationals” on Thursday, June 9, 2016, in Glenview, Ill., at the Glen Club, 2901 W. Lake Avenue.
Trump Taps Washington Lawyer Who Vetted Sarah Palin
News
Republican presidential candidate Donald Trump has tapped lawyer A.B. Culvahouse Jr., a longtime Washington fixture, to help vet his potential running mates, says a Bloomberg report that cites people familiar with the campaign.
Bank Regulators Revive Restrictions on Incentive-Based Compensation
Article
The new rules seek to establish general requirements applicable to the incentive-based compensation arrangements of covered persons working in covered institutions.
Dealing With New FLSA Rule Raising Minimum Salary Overtime Exemption
Article
Before the Department of Labor’s final rule goes into effect, employers should assess which employees will be affected, and how the employer will want to respond, advises Ropes & Gray LLP.
Webinar: Solar Solutions for Business
Event, June 7, 2 p.m. EDT
two experts from NRG’s renewables team will discuss how businesses can navigate through the possibilities and logistics of a solar solution – from choosing relevant technologies to implementing effective delivery approaches
Whitepaper – 100+ Contract Management Solutions: Do You Have to Try Them All?
White Paper
ContractWorks has published a complimentary white paper designed to aid in the selection and implementation of a contract management solution.
Americans and CEO Pay: 2016 Public Perception Survey on CEO Compensation
Article
The Rock Center for Corporate Governance at Stanford University recently conducted a nationwide survey of 1,202 individuals to understand public perception of CEO pay levels among the 500 largest publicly traded corporations.
Trump’s Supreme Court List: All Conservative, Some Provocative
News
Donald Trump’s list of people he would consider nominating to the Supreme Court includes judges who have indicated support for various conservative causes, range in age from 41 to 58 and hail primarily from conservative and Republican-governed states, reports Reuters.
Dallas Judge Recuses Self Over Safety Concerns; Cites Case of Litigator’s Suspicious Death
News
The suspicious death of a Dallas attorney has triggered tighter security inside in a downtown Dallas courthouse, and a Dallas County District judge has made a direct connection between the defendant in an ongoing civil lawsuit and the possible murder of attorney Ira Tobolowsky, reports NBC 5 TV in Dallas.
Former BigLaw Associate Gets 5 Years in $5m Ponzi Scheme That Bilked Friends and Relatives
News
A former Skadden Arps lawyer who cheated friends and relatives of life savings in a Ponzi scheme and then tried to kill himself was sentenced in New York to five years in prison Thursday.
Ernest Aliseda Joins Dykema’s McAllen Office
News
Ernest Aliseda has joined Dykema in its Commercial Litigation Practice Group as a member in the firm’s McAllen, Texas office.
3 Ways the Practice of Corporate Law is Changing
Article
A lot has happened in recent times to change the business landscape and the practice of law is also changing. This article looks at three principal ways the practice of corporate law is being transformed.
Negotiating Software Contracts – Successfully Negotiating a Warranty Section
Article
A warranty is one of the most important contract provisions in a software contract. Because so many factors can affect the performance of the software, publishers seek to limit their warranty, and provide limited remedies in the event of a breach. It’s important for businesses who license software to have a strategy in place to successfully negotiate this section.