News for In-House Counsel at Corporations | Legal Dive
This lawyer stays close to SEC rules, both as in-house and outside counsel. Investment law specialist Courtney Posner has worked in-house for investment funds and large firms, with a close eye on securities regulators in both roles. Outside Counsel.
GAAP is letting companies get away with anticompetitive mergers ...
1 day ago · The researchers think companies are closing hundreds of deals a year without reporting them. “If regulators required firms to include intangible capital … we estimate that the number of reported deals would rise by about 263 annually,” say the researchers, using 2001-2019 data. Had those additional 263 deals been included in 2019, for ...
Merger guidelines will likely go away under Trump | Legal Dive
6 days ago · One of the first things to go away will likely be the Biden administration’s 2023 merger guidelines.The guidelines are “very hostile to mergers and acquisitions,” Jon Dubrow of McDermott Will & Emery said in a Reuters report.. That view is shared by at least one of the Republican-appointed commissioners on the Federal Trade Commission, Melissa Holyoak, who voted to approve the guidelines ...
Contract Law News & Analysis - Legal Dive
Oct 28, 2024 · Parties can contract around transfer of attorney-client privilege. The default in Delaware is for privilege to transfer to the surviving company post-merger but parties can agree to keep it within the target company, the state’s Superior Court …
Opinion - Legal Dive
Nov 5, 2024 · Let’s avoid legal patchwork for credit card surcharging. “All parties in the payments ecosystem would benefit greatly from state laws that provide clarity and consistency between jurisdictions,” write two legal professionals. Jonathan Razi and Keturah Taylor • May 23, 2024.
‘Active times’ for employment law as courts wade through new rules
Sep 18, 2024 · Weeks later, 18 states sued to block the guidance arguing that the EEOC exceeded its authority in expanding the Civil Rights Act. Beyond the federal level, state legislators have been active with new employment laws to address issues such as age discrimination, pay inequities, freelance workers, and wage discrimination based upon gender.
AI’s first serious foray into legal may be contract review
Aug 8, 2024 · Easier verification: AI contract review analyzes individual documents, making it easier for lawyers to inspect and validate the work. Focused objectives: Contract review is about finding standard clauses and deviations, two tasks that AI does well with its pattern-recognition skill. First-pass review: AI can analyze contracts quickly and ...
Court advisory committee OKs look at third-party funding disclosure
Oct 30, 2024 · When the U.S. Supreme Court's Advisory Committee on Civil Rules agreed earlier this month to create a subcommittee to look at litigation funding disclosure, it marked a big departure from the advisory board’s hands-off approach. “It probably deserves a careful look, if for no other reason than we don't know what we don't know," U.S. District Judge David Proctor said October 10 after the ...
Supreme Court poised to weigh in on legal test for FLSA exemptions
Nov 5, 2024 · The U.S. Supreme Court took up a wage and hour case, E.M.D. Sales, Inc. v. Carrera, on Nov. 5 to clarify a circuit split regarding the standard of proof that employers must meet to show that employees are exempt from the minimum wage and overtime requirements of the Fair Labor Standards Act. The FLSA requires most U.S. employees be paid at least the federal minimum wage for all hours worked ...
Legal Technology News & Analysis - Legal Dive
Oct 22, 2024 · Legal AI sees wide adoption but most teams unprepared for talent impact: survey. In-house counsel expect process efficiencies and cost savings but a majority say their companies aren’t ready for the change effects, ACC survey finds. By Justin Bachman • Oct. 7, 2024.