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Archive for October, 2016

Embraer Settles Bribery Charges With SEC and DOJ

News
The SEC alleged Embraer made more than $83 million in profits as a result of bribe payments from its U.S.-based subsidiary through third-party agents to foreign government officials in the Dominican Republic, Saudi Arabia and Mozambique.

ScottMadden Releases Latest Edition of Energy Industry Update

Insight
On its website, ScottMadden says this issue focuses on strategic drivers that are propelling the industry like nuclear challenges, changing energy supply and demand patterns, and federal-state policy friction

Five Questions GC Should Ask About Privacy and Cybersecurity in Third-Party Contracts

Insight
In an article posted on Mayer Brown’s website, authors Rebecca S. Eisner, Lei Shen and Lindsay T. Brown discuss five privacy- and security-related questions that a general counsel should ask regarding company data in the hands of third-party suppliers and other business partners.

What are Consequential Damages on a Construction Contract?

Insight
when entering into a construction contract, parties should carefully evaluate the proposed contract language to fully comprehend the risks they are about to assume, write Charles B. Jimerson and Kayla A. Haines of Jimerson & Cobb, P.A..

Securing Assent: The Internet Twist of Electronic Contracts

Insight
Getting clear assent in real time, however, isn’t always enough. You also may need to prove at a later date that consent occurred, writes Mark Sableman for Thompson & Coburn.

Narrowing Down Clinton’s Choices For Supreme Court Nominee

News
Empirical SCOTUS takes a look at the leading prospects who may be on the list of possible nominees for a Hillary Clinton selection for the U.S. Supreme Court — assuming she ends up in the White House and Donald Trump doesn’t.

Chadbourne Sex-Bias Class Action Adds Six Partners as Defendants

News
Chadbourne & Parke is facing new accusations and a new plaintiff in a gender discrimination class-action lawsuit. And six high-ranking members of the firm have been added as named defendants.

Class-Action Attorneys Awarded $555.2 Million for Work in BP Suits

News
U.S. District Judge Carl Barbier pointed out that award represents about 4.3 percent of the estimated $13 billion that BP is expected to pay under the ongoing settlements, reports The Times-Picayune.

Why You Really Should Read Your Employment Contract

Insight
In a new online audio discussion, Bloomberg takes a look at “all the stuff you sign when you sign on for a job.”

ACC Annual Meeting 2016 – A Wrap-Up from Above the Law

Insight
Above the Law covered the recent Association of Corporate Counsel annual meeting and published a wrap-up of its coverage.

Casino Could Face Liability Claim in Crash That Killed Charter Bus Passengers

News
A California casino could be held responsible for the deaths of more than a dozen casino customers following the crash of a charter bus with a questionable safety record, says Dallas bus crash lawyer Frank Branson.

Zapproved Announces EU-U.S. Privacy Shield Certification

News
The U.S. Department of Commerce has accepted Zapproved’s self-certification as EU-U.S. Privacy Shield compliant, demonstrating the company’s ongoing commitment to data privacy and security.

Startup Company Carve-Out Plans: Mechanics, Tax Obstacles, and Optimization

Event, Nov. 2, 1 p.m. EDT
Startups love using equity to incentivize executives and employees. But when a company’s equity isn’t worth what it used to be–and particularly when stakeholders no longer expect there to be significant upside–companies need to find new ways to incentivize management to achieve desired outcomes.