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March 06, 2024 | Corporate Counsel

Geico Hires Chief Legal Officer With Deep Experience at Financial Bluebloods

The nation's No. 2 auto insurer has new legal team leadership for the first time since 2013.
2 minute read
March 06, 2024 | National Law Journal

Divided 2nd Circuit Adopts 'Real Name' Test for Associational Standing

Judge Richard Wesley, expressing the minority view, called the test too strict and an "unfortunate ruling for organizations everywhere."
4 minute read
March 05, 2024 | National Law Journal

Four South American Countries File Amicus Briefs Urging 2nd Circuit to Overturn $16.1B Ruling Against Argentina

Foley Hoag filed on behalf of Brazil and Uruguay, while Orrick, Herrington & Sutcliffe filed for Chile and Ecuador in support of a Sullivan & Cromwell attempt to reverse the verdict against Argentina.
4 minute read
March 05, 2024 | Law.com

Four South American Countries File Amicus Briefs Urging US Court to Overturn $16.1B Ruling Against Argentina

Foley Hoag filed on behalf of Brazil and Uruguay, while Orrick, Herrington & Sutcliffe filed for Chile and Ecuador in support of a Sullivan & Cromwell attempt to reverse the verdict against Argentina.
4 minute read
March 05, 2024 | Law.com

JetBlue-Spirit Airlines Planned $3.8 Billion Merger Dropped Due to Antitrust Concerns

U.S. Attorney General Merrick Garland called the decision "yet another victory for the Justice Department's work on behalf of American consumers," claiming execution of the deal "would have caused tens of millions of travelers to face higher fares and fewer choices."
3 minute read
March 05, 2024 | New York Law Journal

Let's Imagine a Ban on Prenuptial Agreements

A look at how prenuptial agreements are being interpreted and enforced by the courts in an effort to see why divorce lawyers often see these agreements as "uniquely complex legal instruments that are fraught with the potential for peril."
7 minute read
March 04, 2024 | Corporate Counsel

ESG Schism Breaks Out at Trucking Company as Board Member Quits

"I'm not surprised. I think you very well will see more of that. I doubt this will be the only one," corporate governance expert Charles Elson said.
6 minute read
March 04, 2024 | The American Lawyer

Morrison Cohen Adopted New Comp System, Even as Leaders Expected It Could Make Some Partners 'Uncomfortable'

The midsize New York firm's compensation system moved away from an 'eat-what-you-kill' system to criteria that still includes origination, but also at overall financial performance and workload, and "qualitative factors" such as corporate citizenship, collaboration, and efforts toward institutionalization of clients.
5 minute read
February 29, 2024 | National Law Journal

SEC Schedules Wednesday Vote on Climate Disclosure Rule Amid Staunch Opposition

Twenty law and finance professors sent the SEC a letter expressing their view that "the true agenda for the rule [is] to pressure companies to adopt certain climate policies, rather than to inform the market."
5 minute read
February 29, 2024 | Law.com

'Ahead of the Curve': Dissecting the ABA's Current and Proposed Diversity Standard

It seems that what Standard 206 might end up looking like and what fallout might result from it will be a long and arduous process.
6 minute read

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