Examining how lawyers, both in-house and outside, interact with boards of directors in times of challenge and crisis and trends in corporate law and board operations that affect companies.
By Cassandre Coyer | November 22, 2023
Legaltech News caught up with some industry insiders to discuss OpenAI's head-spinning leadership changes from the past week, ranging from the board's ousting of Sam Altman to reinstating him as CEO as of Nov. 21.
7 minute read
Delaware Business Court Insider
By Elizabeth S. Fenton | November 22, 2023
In the Hauppauge Digital case, the court affirmed the Court of Chancery's discretion to reject the parties' proposed confidentiality restrictions, and held that the decision regarding confidentiality restrictions is "a context-driven balancing exercise, the result of which will not be disturbed on appeal unless clearly unreasonable or capricious."
5 minute read
By Maria Dinzeo | November 20, 2023
A letter signed by the vast majority of the company's 770 employees called for the resignation of the board and the reinstatement of CEO Sam Altman and President Greg Brockman.
4 minute read
By Greg Andrews | Hugo Guzman | November 20, 2023
"You either go nonprofit or you go for-profit, I don't think you can split the difference," corporate governance expert Charles Elson said.
6 minute read
Delaware Business Court Insider
By Ellen Bardash | November 17, 2023
The complaint claims that since December 2020, Disney has been misleading investors about its streaming platform by concealing expenses and the difficulty of sustaining subscriber growth.
3 minute read
Delaware Business Court Insider
By Brian T.M. Mammarella | November 15, 2023
In two recent opinions, the Delaware Court of Chancery addressed the scope of disclosure liability in two novel contexts.
6 minute read
By Perry F. Sofferman | November 14, 2023
Companies must be in preparation mode now and seek to gain a full understanding of the steps that should be taken to comply with the new regulations.
9 minute read
By Ross Aronowitz | November 13, 2023
With only a few months remaining before the beginning of a new year and the introduction of new compliance obligations under the CTA, many law firms are scrambling to determine how they will assist clients who may be subject to these additional regulations.
6 minute read
By James Crocker | November 13, 2023
In view of the increased importance of effective governance, and the opportunities boards have to improve, it is time for General Counsel to spearhead an effort to enhance board effectiveness. This study revealed that director quality and social dynamics and board information access and quality have the biggest impact on board effectiveness.
6 minute read
By Chris O'Malley | November 8, 2023
"Ultimately, plaintiff's grievance is not with Target's disclosures, but with its business decisions," the company's lawyers wrote in their motion to dismiss.
5 minute read
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
