Exiting U.S. Steel Legal Chief to Reap Tens of Millions of Dollars From Company's Sale, Golden Parachute
"This is a classic corporate governance dilemma—aligning executive incentives with shareholder interests while guarding against conflicts of interest in transformative transactions like mergers and acquisitions," Lawrence Cunningham, director of the Weinberg Center for Corporate Governance at the University of Delaware.
Texas Updated Its Business Code. Here's What Corporate Litigators Still Want to Know.
A new law allows Texas corporations to set a minimum ownership threshold blocking certain minority shareholders from bringing derivative litigation. The law states that threshold can't be higher than 3%. It also allows companies to say that all internal disputes must be addressed in one particular venue—such as a business court—and to waive jury trials in those disputes.
Dozens of Attorneys Back Rehearing Request for Recent State Court Discrimination Decision
Firms from across the state have joined Edelman Liesen & Myers and co-counsel with the Missouri Kansas Queer Law Firm, Madeline Johnson, one of the first openly transgender lawyers in the state, in asking the Missouri Supreme Court to reconsider a recent ruling that rolled back protections against sex discrimination, according to the plaintiff's lawyers.
Could GM's Attorneys Be Kicked Off Patent Case for Recent Paralegal Hire?
"In other words, Fish & Richardson has not explained why, out of the thousands of Chicago-based paralegals, Fish & Richardson specifically sought to hire Ms. Rios. Of course, the explanation seems clear; Fish & Richardson desired Ms. Rios's unique knowledge concerning this case and LKQ's confidential information and legal strategies garnered while working for LKQ," plaintiff firm Irwin IP attorneys wrote in a motion to disqualify General Motors' counsel.