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September 19, 2024 | Corporate Counsel

Hawaiian Airlines CLO Out of Job but Set for Soft Landing

Aaron Alter was Hawaiian Airlines' outside counsel for years before becoming its legal chief in 2015.
4 minute read
August 27, 2024 | Corporate Counsel

Women IP Lawyers Say Winning More First-Chair Roles Hinges on Communicating Effectively, Not Swagger or a 'Lawyerly' Voice

LinkedIn IP head Renee Brown said she wants emails from outside counsel that tell her what she needs to know in no more than two paragraphs. "I can't get into the weeds—I just don't have that kind of time," she said.
7 minute read
August 27, 2024 | Corporate Counsel

'This Is a Huge Miss!': More Companies Requiring JDs for Legal Ops Roles, a Trend Vets of the Field Call Nonsensical

"This is a way to gatekeep and to feel safe without actually being safe," said Akshay Verma, a former Meta legal ops chief whose recent LinkedIn post calling the requirement needlessly exclusionary attracted dozens of comments of support.
7 minute read
In re Dell Tech., Inc. Class V Stockholders Litig.
Publication Date: 2024-08-27
Practice Area: Corporate Governance
Industry: Electronics | Investments and Investment Advisory | Software
Court: Delaware Supreme Court
Judge: Justice Seitz
Attorneys:
For plaintiff: Stephen B. Brauerman, Sarah T. Andrade, Bayard, P.A., Wilmington, DE for appellant.
For defendant: Ned Weinberger, Mark Richardson, Brendan W. Sullivan, Labaton Sucharow LLP, Wilmington, DE; Domenico Minerva, Joseph Cotilletta, Labaton Sucharow LLP, New York, NY; David M. Cooper, Silpa Maruri, George T. Phillips, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY; William R. Sears, Quinn Emanuel Urquhart & Sullivan, LLP, Los Angeles, CA; Peter B. Andrews, Craig J. Springer, David M. Sborz, Jackson E. Warren, Andrews & Springer LLC, Wilmington, DE; Chad Johnson, Noam Mandel, Desiree Cummings, Robert Gerson, Jonathan Zweig, Robbins Geller Rudman & Dowd LLP, New York, NY; Jeremy S. Friedman, David F.E. Tejtel, Christopher M. Windover, Lindsay La Marca, Friedman Oster & Tejtel PLLC, Bedford Hills, NY for appellee.
Case number: 349, 2023

Court upheld counsel fee of 26 percent of $1 billion settlement where Delaware disfavored per se rules governing reasonableness of fee awards and chancery court adequately explained the reasonable value of the award.

May 20, 2024 | Delaware Business Court Insider

Big Stock Award Sends Dell GC onto Company's Highest-Paid List

The case in Delaware Court of Chancery alleged the company's process of negotiating and approving the transaction via a special committee was designed to benefit Chairman and CEO Michael Dell and Silver Lake.
3 minute read
May 20, 2024 | Corporate Counsel

Big Stock Award Propels Dell GC onto Company's Highest-Paid List

Richard Rothberg joined the company in 1999 and has been its legal chief since 2013.
3 minute read
May 17, 2024 | Corporate Counsel

Splunk CLO Exiting in Wake of Sale, Unlocking $24M Golden Parachute

Scott Morgan announced on LinkedIn Friday that he was leaving the data platform after 12 years.
3 minute read
May 06, 2024 | Law.com

How I Made Managing Partner: 'Get to Know the Business of Law,' Says Jeny Maier of Axinn, Veltrop & Harkrider

"Get to know the business of law (or, as my partner Rachel Adcox calls it, "the business of our business"). For much of their early careers, many associates tend to be focused on doing the work they're assigned and making sure they've billed the hours they need to bill, but don't get the chance to learn or appreciate what happens after that."
8 minute read
March 20, 2024 | Corporate Counsel

Paralegals Systemically Underpaid When They Jump to Legal Ops Roles

"The person who is put into that role should be given the comp that the role dictates, not the comp that the person had in the paralegal role," said former Microsoft Assistant General Counsel Lucy Bassli, now a principal at InnoLaw Group.
5 minute read
March 19, 2024 | Corporate Counsel

Legal Chiefs Snaring Hefty Golden Parachutes as Merger Activity Perks Up

"I think there is a point that they become so large that they encourage executives to take the deal, regardless of whether it is in the best interests of the shareholders," said Cindy Schipani, a professor of business law at the University of Michigan.
4 minute read

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