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December 14, 2023 | Corporate Counsel

Macy's Is Between CLOs, Complicating Response to $5.8B Buyout Offer

"It's always better to make a bid when things are confused," corporate governance expert Charles Elson said. "[And] it's harder to defend during a transitional period."
4 minute read
December 13, 2023 | Law.com

Recruiting and Retaining Talent: Advantages of a Two-Tier Partnership Structure

While the one-tier partnership model ruled for a long period of time, today's competitive challenges exposed its limitations, particularly in terms of talent recruiting and retention, as well as client acquisition.
7 minute read
December 13, 2023 | Corporate Counsel

New Noom CEO Hires Former Colleague for GC Post

Geofff Cook, who took the helm of the weight-loss company in July, praised newly appointed GC Norman Petty's "ability to balance legal risk with the strategic needs of the business."
3 minute read
December 13, 2023 | The Legal Intelligencer

New Noom CEO Hires GC of Pennsylvania-based Meet Group

Geofff Cook, who took the helm of the weight-loss company in July, praised newly appointed GC Norman Petty's "ability to balance legal risk with the strategic needs of the business."
3 minute read
December 12, 2023 | New York Law Journal

Who Bears Responsibility for Required Condo/Co-Op Apartment Repairs?

In cases where building management and the unit owner disagree on who bears responsibility for making the repairs and/or who bears the repair costs, the attorney's role, whether in representing the cooperative or condominium board on the one side or the opposing apartment shareholder or condominium residential or commercial unit owner on the other, is to focus on the several important tasks, discussed here.
12 minute read
Law Journal Press | Digital Book Ferrara on Insider Trading and The Wall Authors: Ralph C. Ferrara, Donna M. Nagy, Herbert Thomas View this Book

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December 11, 2023 | Corporate Counsel

Netflix Follows Apple in Overhauling Executive Pay, Signaling Tech-Industry Trend

"CEO compensation of the largest and most visible publicly traded companies in the United States has long been controversial. … What's different now is that there might actually be a modest sea change in the works," legal department consultant Jason Winmill said.
5 minute read
December 07, 2023 | New York Law Journal

AGs Ask for US Regulators' Aid in Securing Information from Big Banks

The plea for partnership comes in light of many big banks regularly refusing to provide requested documents or testimony that the AGs say would shed light on banking practices.
3 minute read
December 07, 2023 | New York Law Journal

New York's Proposed Ban on Non-Compete Agreements Is Dramatically Overbroad

New York state is poised to enact a radical change to its employment laws: the elimination of all noncompetition agreements. A sweeping bill passed by the state Legislature in June 2023 now awaits signature from Governor Kathy Hochul, who is considering the measure. Although well-intentioned, this legislation is deeply misguided. The governor would be wise to reject it.
6 minute read
December 06, 2023 | Supreme Court Brief

Justice Alito: Supreme Court Media Critic

The U.S. government's position in a tax appeal "has resonated a lot in the coverage of this case," justice says during oral arguments.
5 minute read
December 05, 2023 | National Law Journal

Supreme Court Eyes Consequences of Broad Ruling in Repatriation Tax Case

"[W]hen the court opens a door, Congress tends to walk through it," Justice Neil Gorsuch said.
6 minute read

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