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April 28, 2014 | Insurance Coverage Law Center

Identity Theft

Can Anything Be Done?Summary: Identity theft is increasingly in the news, whether it is the clever ad on television with characters lamenting purchases…
23 minute read
January 23, 2014 |

Boardroom Confidentiality Under Focus

In their Corporate Governance column, David A. Katz, a partner at Wachtell, Lipton, Rosen & Katz, and Laura A. McIntosh, a consulting attorney for the firm, write: The current cultural emphasis on transparency and disclosure has contributed to an atmosphere in which sensitive corporate information is increasingly difficult to protect. There is limited statutory or case law to guide boards and directors in this area, and there exists a range of opinions among market participants and media commentators as to whether leaking information is problematic at all.
17 minute read
December 11, 2013 |

Recovery of Non-Permitted Distributions

In their Transactional Real Estate column, Mitchell Berg and Peter Fisch of Paul, Weiss, Rifkind, Wharton & Garrison, explore the recourse that may be available to buyers under the Delaware Limited Liability Company Act and under corresponding statutory law in other jurisdictions when sellers default on post-closing liabilities.
11 minute read
December 06, 2013 |

J.C. Penney Discloses SEC Inquiry Into Finances, Offering

J.C. Penney disclosed that the U.S. Securities and Exchange Commission asked for information about the retailer's finances, including a stock sale in September that it's using to fund an attempted turnaround.
3 minute read
November 08, 2013 |

J.C. Penney Key Sales Metric Rises In October

J.C. Penney said a key sales barometer rose in October for the first time in nearly two years, a sign shoppers are returning to the store brands that have been brought back to its shelves.
1 minute read
February 10, 2012 | Inside Counsel

Patent-licensing company says it owns the interactive web

Theres a showdown in Texas that could significantly impact the web as we know it.
2 minute read
August 22, 2013 |

JC Penney Adopts 'Poison Pill' to Prevent Takeover Attempt

Struggling retailer J.C. Penney is adopting a plan to prevent a takeover attempt just two days after reporting its sixth straight quarter of big losses and steep revenue declines.
1 minute read
August 13, 2013 |

William Ackman Resigns From JC Penney Board

William Ackman has resigned from J.C. Penney Co.'s board as part of a deal to resolve an unusually public battle between the activist investor and the struggling department store operator.
2 minute read
December 07, 2011 |

JC Penney buying stake in Martha Stewart Living

J.C. Penney Co. is buying a minority stake in Martha Stewart Living Omnimedia Inc. for $38.5 million, the latest move by the department store to revive its brand.
2 minute read
April 30, 2013 |

JC Penney To Get $1.75 Billion In Financing

J.C. Penney confirmed that Goldman Sachs will provide it with $1.75 billion in financing. The five-year senior secured term loan can be used to fund the company's operations as well as pay off some of its debt. It will be secured by real estate, as well as the company's other assets.
1 minute read

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