Corporate
China’s Huawei Files Patent Suits Against Samsung Over Smartphone Tech
News
Huawei Technologies sued Samsung Electronics on claims of infringement of smartphone patents, the Chinese firm’s first intellectual property challenge against the world’s top mobile maker, reports Reuters.
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.
America’s Top CEOs Pocket 340 Times More Than Average Workers
News
The top 500 chief executive officers in American companies earned 340 times the average worker’s wage last year, taking home $12.4m on average, according to an analysis by the AFL-CIO, reports The Guardian.
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.
Foley Boosts Corporate Practice in Chicago
News
Foley & Lardner LLP announced that Lou Cohen and Elgie Sims Jr. have joined the firm’s Business Law Department as of counsel in the Chicago office.
Top Hourly Rates for Some BigLaw Partners Have Reached $2K, Survey Finds
News
Some U.S. companies are now paying a top hourly rate of $2,000 to partners at the country’s biggest law firms, according to a report on a survey released by BTI Consulting Group.
Survey Results: Toward a Value-Creating Board
Article
The amount of time board directors spend on their work and commit to strategy is rising, but in a new McKinsey Global Survey, few respondents rate their boards as effective at most tasks or report good feedback or training practices, according to an article on McKinsey’s website.
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.
Analysis: Office Depot/Staples ‘Cluster’ Key to FTC Case
Analysis
Regulators fighting the merger plan of Office Depot and Staples face a decision from a judge that may hinge on the veracity of the government’s relevant product market, reports Policy and Regulatory Report, a Mergermarket Group company.
Exari Delivers Contract Risk Playbook for Senior Executives and Board Directors
Article
A new publication from Exari offers detailed guidance for corporate boards and executives and assists in finding, assessing and minimizing contract risk.
Download: How to Ensure Organizational Resiliency
Article
A new article from NACD explores what directors think boards can do to ensure a company’s survival — despite high rates of business failure.
Three Areas Where Boards Can Improve Performance
On-Demand Video
In a new on-demand video, TK Kerstetter, host of “Inside America’s Boardrooms,” reviews three areas where many boards can improve their performance and effectiveness.
At Facebook, Mark Zuckerberg Moves to Tighten Gag on Shareholders – And No One Can Stop Him
News
A non-voting shareholder class will allow Mark Zuckerberg to pursue his dream of giving 99 percent of their shares to charity, without losing any of his voting control, according to a report in The Los Angeles Times.
Directors, Executives See Uncertainty, Volatility Threatening Corporate Strategy
Article
KPMG’s latest Roundtable Series gathered over 1,200 corporate directors and senior executives across 17 cities to share their views on the board’s role in calibrating strategy.
Big Law Business Diversity & Inclusion: In-House Counsel Call to Action (Live NY Conference)
Event, May 3, 2:30 p.m. EDT
Bloomberg BNA will present a live conference titled Big Law Business Diversity & Inclusion Conference: A Call to Action, focusing on chief legal counsel and their corporate senior diversity officers as well as law firm managing partners.
How to Ensure Organizational Resiliency
Article
“How to Ensure Organizational Resiliency,” a featured article in the latest issue of NACD Directorship magazine, explores what directors think boards can do to ensure a company’s survival—despite high rates of business failure.
Are Today’s Corporate Directors More Personally Liable?
On-Demand
Now more than ever, corporate directors are finding themselves named in lawsuits, says Katherine Henderson, veteran insurance board advisor and partner with Wilson Sonsini, in a video posted by Boardroom Resources LLC.
Creating Value From Long-Term Bets
Article
Longevity is particularly important for innovation because time and sustained investment are needed to solve really tough problems. To help explain why, he considers an example from the history of his company.
Former Reading Int’l GC Joins Akerman Los Angeles Office
News
Veteran real estate lawyer William “Bill” Ellis has joined Akerman LLP’s Los Angeles office as a partner in the Real Estate Practice Group.
Director Compensation Report: 2015-16 Executive Highlights
Annual Report
the report provides a comprehensive overview of non-employee-director pay practices across a wide range of industries and company sizes. The report also includes six leading practices for director compensation from the Report of the NACD Blue Ribbon Commission on Director Compensation.
