Corporate
Theranos Investors Say They Were Pressured to Abandon Lawsuit
News
Theranos Inc. investors accused the company of threatening to file for bankruptcy protection if they don’t agree to give up their rights to sue the firm over its flawed blood-testing business, reports Bloomberg Law.
4th Big Law Business Diversity Symposium Set for May 10
Event, May 10, 8-10 a.m.
Bloomberg Big Law Business is convening leaders of corporate legal departments and law firms to address the diversity and inclusion challenge at a unique invitation-only event – the 4th Big Law Business Diversity Symposium.
Download: Connecting the General Counsel and the Board
Insight
A guide published by the NACD reviews the three main indicators of an effective partnership between the general counsel and the board. The guide is available for free downloading.
16th Annual Compliance & Ethics Institute Set in Las Vegas
Event, Oct. 15-18, 2017
More than 1,700 compliance professionals are expected to attend the 16th Annual Compliance & Ethics Institute in Las Vegas Oct. 15-18, 2017.
Deal Protections and Remedies: A Study of Public Merger Agreements in 2016
Event, April 26, 1 p.m. EDT
Practical Law will discuss the survey results in a complimentary 60-minute webinar scheduled for April 26 at 1 p.m. EDT.
On Trial for Bribery, Samsung Boss Lets Lawyers Do the Talking
News
The third-generation leader of South Korea’s top conglomerate was mostly silent at his first court appearance in what has been called the “trial of the century,” as his lawyers labored to portray him as an innocent bystander in a graft scandal, reports Reuters.
Chicago Firm Neal Gerber Eisenberg Adds Seth Pritikin in Corporate & Securities
News
Seth J. Pritikin has joined Neal Gerber Eisenberg in its Corporate & Securities practice group as a firm partner.
Client Fires Morgan Lewis for ‘Enabling’ Trump
News
Bloomberg Law reports that that H. Scott Wallace, co-chair of the Wallace Global Fund, fired the firm in a letter to chair Jami McKeon.
Trump Appoints One of His Lawyers to Review Mergers
News
Companies are hoping that the new Republican administration will be more permissive with mergers than the Obama administration was, The New York Times reports.
Valeant Ex-CEO Pearson Sues Drugmaker Over Withheld Shares
News
Valeant Pharmaceuticals International Inc.’s former chief executive officer accused the drugmaker of failing to deliver 3 million shares promised him as part of an exit package, reports Bloomberg.
Notes on a Law Firm Pitch From an In-House Attorney
Insight
On Bloomberg Law, Dennis Garcia, Microsoft Corp, assistant general counsel, offers an insider’s perspective on how in-house counsel trying to “sell” themselves to their business clients and senior legal department leaders.
Amazon.com Wins $1.5 Billion Tax Dispute Over IRS
News
The IRS contended that the e-commerce giant had inappropriately brought down its U.S. tax bill by grossly undervaluing the assets it transferred to its Luxembourg subsidiary, which the company created more than a decade ago, reports The Seattle Times.
U.S. Investors Fight to Preserve SEC Rule on CEO Pay Ratio
News
More than 100 unions, pension funds, activist investors, state treasurers and consumer advocacy groups urged the acting SEC commissioner not to delay the implementation of the rule, Reuters reports.
U.S. Investor, CEO Groups Set for Lobbying Battle Over Proxy Challenges
News
A major business trade group’s request that the White House use its influence on the SEC to make it harder to get governance, political or environmental issues onto corporate ballots has a new opponent, Reuters reports.
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.
Too Much Wine: Ex-BigLaw Partner’s Insider Tip to Broker Leads to His Conviction
News
Robert Schulman of McLean, Va., was convicted of securities fraud and conspiracy charges. Post-trial defense motions are due April 14, reports Bloomberg Law.
Kenneth Crane and Rita Garry Join Freeborn Corporate Practice Group
News
Kenneth M. Crane represents private equity, venture capital and family office clients, focusing on acquisitions and sale transactions. Rita W. Garry focuses her practice on serving as outside general counsel to small and middle-market companies.
Tillerson May Face Deposition About ‘Wayne Tracker’ Alias Emails
News
Tillerson sent the most sensitive messages to and from company board members, including communications about the risks associated with climate change, New York Attorney General Eric Schneiderman said.
Strategic-Asset GC: Complimentary Webinar
Event, March 23, 2 p.m. EDT
The National Association of Corporate Directors will present a complimentary webinar on reassessing the evaluation process on evaluations on director performance.
House Poised to Pass Bills Overhauling Civil Litigation
News
The far-reaching bills address class actions, asbestos cases and attorneys who file “frivolous” suits, reports Bloomberg BNA.
