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February 09, 2024 | The Legal Intelligencer

The SEC's Watchful Eye: Ensuring Accuracy in Non-GAAP Financial Disclosures

To supplement financial statements, management may provide another view of their company by disclosing alternative financial measures. This alternative information cannot be used to distort reality and must be presented in accordance with specific rules and guidelines.
6 minute read
February 09, 2024 | Daily Report Online

'Check Herself ... Into Jail': Judge's Ethics Hearing Ends, Sanction Discussions Begin

"She could check herself into the Douglas County Jail for two days and put on an orange suit," said Judicial Qualifications Commission of Georgia Hearing Panel member Richard Hyde.
5 minute read
February 09, 2024 | Law.com

White Box vs. Black Box Compensation Systems

Having a compensation system that clearly outlines partner expectations, provides the partners with the ability to validate the results by communicating the results back to them does more to build collegiality than an opaque system that, by its design, promotes distrust and ill will among partners.
5 minute read
February 09, 2024 | The Legal Intelligencer

Third Circuit—Chapter 11 Examiner Appointment Now Mandatory

The now infamous Chapter 11 bankruptcy case of FTX Trading Ltd. (FTX), once a multibillion-dollar cryptocurrency company, has reemerged in a dispute over this very important issue. On appeal, the U.S. Court of Appeals for the Third Circuit recently held that the plain text of Section 1104(c)(2) mandates the appointment of an examiner under the specified conditions set forth.
7 minute read
February 09, 2024 | Corporate Counsel

Can Boeing's CLO Help It Climb Out of Latest 737 Max Spiral?

Former JetBlue Airways executive Mike Barger said one of the most valuable roles a legal chief can play is devil's advocate.
8 minute read
Law Journal Press | Digital Book Massachusetts Legal Ethics & Malpractice 2017 Authors: James S. Bolan, Sara N. Holden View this Book

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February 09, 2024 | Law.com

Judges in the Hot Seat Over Oral Argument Diversity Policies

Three federal judges have standing orders that offer additional argument time for younger, women and minority attorneys to encourage greater participation from those groups.
6 minute read
February 09, 2024 | Litigation Daily

Litigators of the Week: Shaving a $366M Retaliation Verdict Against FedEx to Less than $249K

Kyle Hawkins and Leah Bower of Lehotsky Keller Cohn secured a ruling from the Fifth Circuit last week taking a $365 million punitive damages award to $0 in a case where a former FedEx manager claimed she was fired in retaliation for bringing claims of discrimination.
7 minute read
February 09, 2024 | Litigation Daily

Litigator of the Week Runners-Up And Shout Outs

A team at Pillsbury Winthrop Shaw Pittman secured a ruling eliminating more than a half billion dollars in potential liability for client Teck Cominco Metals in a long-running environmental suit in the Eastern District of Washington.
7 minute read
February 09, 2024 | The American Lawyer

What Does the Opening of Brazil's Gambling Market Mean For Global Firms?

The Brazilian Bar Association forbids international law firms from practicing local law in the country, but global law firms can still get in on the growing sector by advising on cross-border M&A.
4 minute read
February 08, 2024 | New York Law Journal

Judicial Ethics Opinion 23-59

May a full-time judge write law review or law journal articles summarizing the current state of New York case law and developments therein? If so, may a judge identify future issues in the development of case law?
2 minute read

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