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Takata Names New GC in North America

NEWS
Embattled Japanese air bag manufacturer Takata Corp. has named a new general counsel for its North American unit — less than a week after its president and chief operating officer resigned.

Uncommon Fracking Ban Concept May Surface in New York

NEWS
The concept of takings, like eminent domain, requires the government to compensate private property owners for assets taken away because of government action.

Fired Banker Sues Ex-Employer Over Money, Non-Compete Clause

NEWS
A former president of Baltimore-based First Mariner’s mortgage division has sued his ex-employer, seeking compensation totaling more than $1 million.

Federal Court Rules on Ownership of Androxal Patents

NEWS
Repros Therapeutics Inc. announced Dec. 29 that a federal judge in Texas has issued a definitive ruling finding correct inventorship for two of the company’s Androxal patents.

How To Guard Against China Counterfeiting

NEWS
Anyone doing business in China should anticipate infringement of their intellectual property rights, says Dan Harris.

Cybersecurity Firm Veracode to Hire 100, Including GC

NEWS
Massachusetts-based cybersecurity firm Veracode will increase its headcount from by about 100 employees during 2015 to deal with a surge in demand for companies fighting online threats.

CEO Apologies of the Year

NEWS
Sometimes it’s a business gaffe, sometimes it’s something dumb from your personal past.

Alstom to Plead Guilty to Bribery of Foreign Officials

NEWS
The French industrial giant Alstom has agreed to plead guilty and pay the largest fine ever levied by the United States for foreign bribery.

Jury Awards Highland Capital $40 Million in Suit Against Credit Suisse

NEWS
A Texas jury has awarded hedge-fund firm Highland Capital Management $40 million in a lawsuit against Credit Suisse over inflated appraisals of a dozen luxury properties.

4th Circuit Employment Law Case Illustrates High Cost of Litigation

NEWS
A recent employment case teaches a lesson about the potential costs of winning at litigation.

Alstom to Pay Record $772 Million in U.S. Bribery Settlement

NEWS
Alstom SA pleaded guilty and agreed to pay a record $772 million to end a U.S. Justice Department investigation into bribes paid to win power-plant contracts.

Kodak Promotes Deputy General Counsel to GC

NEWS
Eastman Kodak Co. has promoted Deputy General Counsel Sharon E. Underberg to General Counsel.

Avon Fined for Bribing Chinese Officials With Gucci Bags

NEWS
Beauty goods company Avon has been fined $135 million by the SEC for bribing Chinese officials with luxury goods.

Ex-American Realty Official Claims Firm Cooked Books

NEWS
American Realty Capital Properties Inc., the U.S. real estate investment trust reeling from reports of an accounting cover-up, was sued by a former executive who said she was fired for blowing the whistle on financial improprieties.

Drug Maker Accused of Price Gouging

NEWS
A lawsuit alleges Gilead Sciences is price gouging by pricing its Sovaldi hepatitis C treatment at $1,000 a pill, the Wall Street Journal reports in one of its blogs.

Houston Energy Giant Names New GC

NEWS
Enterprise Products Partners L.P. announced Dec. 17 the election of Craig W. Murray as group senior vice president and general counsel.

Texas Stretched No-Bid Program to Help Austin Company

NEWS
Texas Health and Human Services Commission general counsel resigns in wake of questions of favoritism.

Google, Verizon Patent Deal Could Cut Future Litigation

NEWS
Google and Verizon have entered into a long-term patent cross-license agreement intended to thwart lawsuits from trolls.

BlackBerry Looks for Comeback With Launch of Classic

NEWS
Blackberry is re-emphasizing the physical keyboard, rather than trying to compete directly against the touchscreen handsets of dominant rivals.