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June 11, 2024 | Corporate Counsel

Netflix Shareholders Give New Exec Pay Plan Thumb's Up After Panning Prior Version

"It is a positive step, but probably falls under the category of 'too little too late,'" former activist investor Rosanna Landis Weaver said.
4 minute read
June 11, 2024 | The American Lawyer

Willkie Raids Latham for 11-Lawyer Restructuring Team in Major German Expansion

Willkie Farr & Gallagher has hired former Latham bankruptcy and restructuring lawyers Jörn Kowalewski, Ulrich Klockenbrink and Hendrik Hauke as part of its new German strategy along with counsel Jan-Philipp Praß and a team of seven associates.
4 minute read
June 11, 2024 | New York Law Journal

How Attorney Titles in Big Law Can Mean Everything, and Nothing, All at Once

Getting a title suggests "that the partner, and by extension his or her clients, could be prioritized and important to the firm," noted one recruiter.
6 minute read
June 11, 2024 | Daily Business Review

Slew of Litigation Hurdles Ahead in Case of Alleged Pro Sports Sexual Harassment

"If I'm representing the team, I would take the position that employers are not vicariously liable," said Broward attorney Michael Ekins, who is not connected to the lawsuit.
5 minute read
June 11, 2024 | National Law Journal

SEC's Pursuit of Private Fund Adviser Appeal May Depend on Agency's Larger Agenda, Securities Lawyers Say

Regarding a potential appeal, the SEC says that it "will determine next steps as appropriate."
4 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

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June 11, 2024 | Corporate Counsel

New DOJ Pilot Program Creates New Legal Risks for Startups

The DOJ has created new incentives for employee, or anyone, to report criminal misconduct allegedly committed by companies and their agents. Given their often laxer internal reporting structures and higher employee turnover rates, startup companies should pay particularly close attention to this new DOJ development to best mitigate legal risks.
5 minute read
June 11, 2024 | New Jersey Law Journal

Law Firm on the Hook Over Suit Against Ex-Client as Anti-SLAPP Law Tested

Consumers' online reviews of lawyers have been deemed a matter of public concern for SLAPP purposes in California, New York, Oregon and Washington state, said defense attorney Bruce Rosen.
4 minute read
June 11, 2024 | Delaware Business Court Insider

Musk's Focus on X Has Come at Tesla's Expense, Shareholder Lawsuit Claims

"Neither Musk's past success nor his importance to Tesla's business gives him carte blanche to treat his fiduciary duties to Tesla as optional," the complaint states.
4 minute read
June 11, 2024 | Delaware Law Weekly

Shareholder Lawsuit Claims Musk's Focus on X Has Come at Tesla's Expense

"Neither Musk's past success nor his importance to Tesla's business gives him carte blanche to treat his fiduciary duties to Tesla as optional," the complaint states.
4 minute read
June 11, 2024 | New Jersey Law Journal

'We Just Focused on the Factual Record': Kirkland & Ellis Successfully Defends Pharmaceutical Companies in Lipitor MDL

Counsel for Sun Pharmaceutical and Ranbaxy, Devora W. Allon, a partner with Kirkland & Ellis in New York, said that the plaintiffs hired a regulatory expert to say that the Food and Drug Administration moves as fast as it can and that if there had been an earlier target date, the FDA would have met that date.
6 minute read
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