Tag: Corporate
Protecting Your Online Reputation
span class=”excerpt”>NewsReputation is the most important asset you’ll ever own. A recent study found that 70% of a company’s reputation is attributable to the perception of their CEO…
Racial justice in the workplace: In-depth look at diversity’s struggle to crack corporate boardrooms
NewsIn the wake of George Floyd’s murder, corporate America pledged to do better, saying it would diversify its leadership, encourage equity and take concrete actions to root out systemic racism…
Managing Compliance With The Growing Patchwork Of State Privacy Laws
NewsOver the past four years, U.S. companies have been forced to expand their compliance programs to comply with an expanding array of international and U.S. state privacy laws…
The New Federal Law on Corporate Transparency
NewsApproved by Congress in January 2021, the Corporate Transparency Act (CTA) is a new federal law requiring many business entities to identify to the Treasury Department the individuals who own a 25 percent or greater interest in the entity or who otherwise exercise substantial control over the entity.
Faegre, Hogan Lovells Steer General Mills’ $1.2B Deal with Tyson
Newsn its latest assignment for longtime client General Mills Inc, Faegre Drinker Biddle & Reath is advising the company on its $1.2 billion all-cash purchase of Tyson Foods Inc’s pet food business.
Boeing Pays Pentagon $10.7M To Settle Double-Billing Case
NewsBoeing quietly agreed to repay the U.S. $10.7 million after a three-year investigation concluded it had double-billed the military for taxes paid to foreign governments on overseas employees.
Apple to Pay $308.5M for Infringing Patent with Fairplay Technology
NewsApple has been ordered to pay $308.5 million to Personalized Media Communications (PMC) after a federal jury in Texas came to the conclusion that the latter’s patents were infringed.
AT&T Legal Chief’s Total Compensation Nearly Doubled in 2020
NewsAT&T Inc.’s top lawyer David McAtee made nearly double the compensation in 2020 he did the previous year, due to an equity award infusion.
Real Estate Billionaires Invest in Big Law for Top Legal Roles
NewsTwo property titans’ real estate development firms, MV Ventures and Turnberry Associates, have picked up a pair of law firm partners to be their top lawyers.
Johnson & Johnson Preparing $3.9B for Talc Settlements
NewsPharmaceutical giant Johnson & Johnson has set aside $3.9 billion for talc-related litigation, according to a regulatory filing this week with the Securities and Exchange Commission in Washington D.C.
Corporate Transparency Act: New Requirements to Disclose Ownership Information to the Federal Government
NewsThe Corporate Transparency Act (CTA) became a law on January 1, 2021, and it has significant implications for many new and existing United States and foreign business entities.
Amazon Will Pay $61.7M to Settle Claims that They Withheld Tips from Delivery Drivers
NewsAmazon will pay $61.7 million to settle allegations by the Federal Trade Commission that it failed to pay Flex delivery drivers the full amount of tips received from customers.
Anthem Agrees to Pay $594M to Settle Antitrust Litigation
NewsThe settlement, struck last fall and awaiting final approval in an Alabama federal court, resolves lawsuits filed in 2012 by insurance customers alleging the Chicago-based Blue Cross Blue Shield Association and the nation’s 36 Blue Cross and Blue Shield insurers violated antitrust laws through practices that limited competition and caused higher prices.
Tyson Foods Will Pay $221.5M to Settle Price-Fixing Litigation
NewsTyson Foods Inc said it would pay $221.5 million to settle a price-fixing litigation with three groups of plaintiffs accusing it of illegally conspiring to inflate prices in the $65 billion chicken industry.
Court Upholds $1B Copyright Ruling Against ISP Cox
NewsInternet service provider (ISP) Cox Communications’ attempt to reduce a $1 billion award of damages for copyright infringement has failed, in a win for music companies including Sony, Universal, and Warner.
Apple Fails to Overturn VirnetX Patent Verdict, Could Owe Over $1.1B
NewsA federal judge denied Apple Inc’s bid to set aside or reduce a $502.8 million patent infringement verdict favoring VirnetX Holding Corp, and awarded interest and royalties that could boost Apple’s total payout in two lawsuits above $1.1 billion.
Pilgrim’s Pride Settles Price-Fixing Lawsuit for $75M
NewsTyson Foods separately struck an agreement to settle with the group of chicken buyers to settle price-fixing claims, but did not disclose the amount .
Insurance Co Fires In-house Counsel, Ex-Big Law Attorney Spotted at Capitol Riot
NewsA Texas-based insurance company fired one of its senior lawyers, the company said Thursday, after the attorney was identified as one of the hundreds of supporters of U.S. President Donald Trump who stormed the U.S. Capitol a day earlier.
After Top Staff Exodus, Texas AG Seeks $43M for Google Suit
NewsThe mass exodus of Texas Attorney General Ken Paxton’s top staff over accusations of bribery against their former boss has left the Republican seeking $43 million in public funds to replace some of them with outside lawyers to lead a high-profile antitrust lawsuit against Google.
The Financial Times Ranks DLA Piper Second Most Innovative and Second Most Digital Law Firm in 2020
NewsDLA Piper is pleased to announce it was ranked second by the Financial Times for both the Most Innovative and Most Digital law firm in the FT North America Innovative Lawyers 2020 report.
