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March 04, 2024 | Delaware Business Court Insider

Elon Musk Faces Suit Over Severance Pay From Former Twitter Legal Chief, General Counsel and Other Executives

"Because Musk decided he didn't want to pay plaintiffs' severance benefits, he simply fired them without reason, then made up fake cause and appointed employees of his various companies to uphold his decision," says a complaint filed Monday by Twitter's former Chief Executive Officer Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Officer Vijaya Gadde, and General Counsel Sean Edgett.
4 minute read
March 04, 2024 | New York Law Journal

NYC's Fact-Finding Process Steers Toward In-House Agency

Ex-federal prosecutor Aaron Mendelsohn said the OID is an apolitical, yet essential function of Council that goes out into the streets, or makes requests for information directly to city agencies, to uncover facts that support Council's legislative and budget decisions.
4 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 01, 2024 | The Recorder

On the Move: Tracking the Ins and Outs of California Lawyers

New hires, promotions and awards from across the California legal market.
5 minute read
March 01, 2024 | Delaware Business Court Insider

'Like Kamikaze Pilots': Lawsuits Land in Delaware Ahead of Trump's Social Media Merger

"If they don't cut a deal ahead of the planned acquisition, they are like Kamikaze pilots heading toward each other and will financially ruin the deal for each other," said Sean Johnson, a partner at Johnson Newlon & Decort.
4 minute read
March 01, 2024 | Law.com

Judges Receive More Recusal Guidance on Stock Ownership Conflicts

Ten percent ownership of a subsidiary is a recusal threshhold. Senate panel moves five district court nominees.
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 | Daily Business Review

This Rising Star Attorney Is a Powerhouse in Florida's Legal Sector

"I would say, 'Never say never,'" the attorney advises.
7 minute read
February 27, 2024 | The American Lawyer

Kirkland Pulled in $165M in Fees Advising Blackstone

The private equity giant made the unusual disclosure to comply with conflict-of-interest rules that kicked in when Kirkland partner Reginald "Reg" Brown joined its board in 2020.
2 minute read
February 26, 2024 | Texas Lawyer

Kirkland Pulled in $165M in Fees Advising Blackstone

The private equity giant made the unusual disclosure to comply with conflict-of-interest rules that kicked in when Kirkland partner Reginald "Reg" Brown joined its board in 2020.
2 minute read

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