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February 27, 2024 | Corporate Counsel

Walgreens Goes Outside Retailing to Hire New Legal Chief

Lanesha Minnix's appointment completes the executive committee for CEO Tim Wentworth, who came out of retirement in October to take the post.
3 minute read
February 27, 2024 | Corporate Counsel

For Sullivan & Cromwell, Pre-Petition FTX Work Bites Back

Class-action plaintiffs and an appellate judge are curious about the regulatory and M&A work Sullivan & Cromwell did for FTX before the exchange collapsed.
7 minute read
February 26, 2024 | Corporate Counsel

Justices Appear Divided Over State Laws Regulating Content-Moderation by Social Media Sites

The high court is reviewing the constitutionality of GOP-backed laws in Florida and Texas to stop the perceived censorship of conservative views by the sites.
6 minute read
February 26, 2024 | Corporate Counsel

Blackstone Racked Up $165M in Kirkland Fees in Just 3 Years

The private equity giant made the unusual disclosure to comply with conflict-of-interest rules that kicked in when Kirkland partner Reginald "Reg" Brown joined its board in 2020.
2 minute read
February 26, 2024 | Corporate Counsel

Labor Ruling Against Home Depot Opens Door to More Political Activism in Workplace

Antonio Morales resigned from the home improvement retailer in 2020 after it told him to remove "BLM" from his apron. The National Labor Relations Board found Morales was within his rights to display it.
4 minute read
Law Journal Press | Digital Book State Antitrust Law Authors: William T. Lifland View this Book

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February 26, 2024 | Corporate Counsel

FTC Sues to Block Kroger's $25B Albertsons Purchase

The combination "would lead to additional grocery price hikes for everyday goods, further exacerbating the financial strain consumers across the country face today," FTC official Henry Liu said in a statement.
4 minute read
February 26, 2024 | Corporate Counsel

Regulator's Scolding of Michigan Bank GC 'Should Give Pause' to Compliance Personnel

The U.S. Comptroller of the Currency issued a cease-and-desist order against Colleen Kimmel, former general counsel of Sterling Bancorp, even though it doesn't allege she had any involvement in the $69 million fraud that threw the institution into chaos.
6 minute read
February 25, 2024 | Corporate Counsel

Proposed Class Action Claims AI Company's 'Smoke and Mirrors' to Blame for Sinking Stock Price

This suit was surfaced by Law.com Radar, ALM's source for immediate alerting on just-filed cases in state and federal courts. Law.com Radar now offers state court coverage nationwide. Sign up today and be among the first to know about new suits in your region, practice area or client sector.
4 minute read
February 23, 2024 | Corporate Counsel

Tesla Tries to Halt EEOC Suit, Citing 'Unseemly, Toxic Interagency Competition'

The automaker argues that the racial discrimination lawsuit suffers from "factual vacuity." Separately, it has asked the court to stay the case, asserting the agency skipped a required "conciliation" process in a mad rush to to outshine the California Civil Rights Department, which had filed its own suit.
5 minute read
February 23, 2024 | Corporate Counsel

Former JCPenney General Counsel Joins Banged-Up Powersports Retailer

Brandy Treadway, who spent a decade at JCPenney, is part of a new leadership team aiming to win over investors frustrated by losses and other setbacks.
2 minute read

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