Commercial
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.
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.
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.
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
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.
Wal-Mart Wins Dismissal of Mexico Bribery Lawsuit
News
A Delaware judge has dismissed a lawsuit by Wal-Mart Stores Inc. shareholders who accused the board of the world’s largest retailer of trying to cover up bribes paid by company executives in Mexico, according to a report by Reuters.
$100M Uber Settlement Attacked By Drivers Saying Lawyer Sold Out
News
The lawyer who struck a $100 million deal with Uber Technologies Inc. is being accused of greed by some of the drivers covered by the accord who want her bumped, reports Bloomberg News.
Recent Ruling Creates Potential Liability For Use of Common Contractual Terms
Article
While the law generally favors freedom of contract and supports the enforceability of uniform terms and conditions, a recent case applying New Jersey law shows that a business could be exposed to liability for simply including certain types of limiting clauses in consumer contracts.
Apple Invests $1 Billion in Chinese Ride-Hailing Service Didi, Rival to Uber
News
Apple Inc. said on Thursday it has invested $1 billion in Chinese ride-hailing service Didi Chuxing, a move that Apple Chief Executive Tim Cook said would help the company better understand the critical Chinese market, reports Reuters.
Obama Signs Trade Secrets Bill, Allowing Companies to Sue
News
“Unfortunately, all too often, some of our competitors, instead of competing with us fairly, are trying to steal these trade secrets from American companies, and that means a loss of American jobs, a loss of American markets, a loss of American leadership,” President Obama said.
9th Circuit Removes Judge Who Slashed Attorney Fees From BarBri Antitrust Class Action
News
Lawyers who won a $9.5 million settlement in a conspiracy case involving bar exam review courses will get a second chance to seek $2 million in attorneys’ fees, and they will have a new judge.
Dykema Launches Cannabis Law Practice
News
National law firm Dykema has announced the launch of its Cannabis Law practice, creating an integrated and specialized offering for clients navigating the myriad issues that arise from operating in the cannabis industry, according to a release from the firm.
Litigator Sean Whyte Joins Gardere Wynne Sewell
News
Sean M. Whyte’s litigation practice includes complex commercial litigation, consumer class actions and products liability.
Eric Schmidt Plays Good Defense at the Oracle-Google Trial
News
Eric Schmidt took the witness stand Tuesday in Oracle’s copyright infringement lawsuit against Google, and he gave little ground during some tense exchanges with Oracle’s attorney, reports PCWorld.
Are Changes Afoot in the Cablevision Legal Department?
News
Altice founder Patrick Drahi told Cablevision staff when the deal was first announced last year that he would seek to cut executives earning more than $300,000.
What is a Smart Contract and What’s It Good For?
Article
Smart contracts work hand-in-hand with blockchain technology and have the potential to automate — and also disrupt — processes in many industries, writes Sue Troy, an editorial director at TechTarget.
When Customer Supply Contracts Lead to Trouble
Article
Melanie A. Hallas of McDermott Will & Emery writes that a recent consent order shows that exclusivity terms that arguably have the effect of harming competition may raise antitrust concerns.
Liberty Reserve Head Sentenced to 20 Years in Prison
News
A federal judge sentenced the leader of digital currency company Liberty Reserve to 20 years in prison for running a global money-laundering scheme that prosecutors said was unprecedented in size and scope, reports Reuters.
