Tag: Corporate governance
New Title: AT&T General Counsel Joins ADM Board Amid Accounting Scandal
ADM, a company that has been facing challenges due to an accounting scandal that surfaced in January, has taken a significant step by appointing David McAtee, the General Counsel of AT&T, to its board....
Sullivan & Cromwell Report Finds No Conflicts in Representing Samuel Bankman-Fried
Sullivan & Cromwell Report Finds No Conflicts in Representing Samuel Bankman-FriedA recent report by a court-appointed bankruptcy examiner has revealed that Sullivan & Cromwell did not overlook any "red flags" indicating misconduct while representing...
Foreign Main and Nonmain Recognition Trends in Restructuring: A Comprehensive Overview
The trend of complex cross-border restructurings is on the rise as economies around the world become more interconnected. Many countries have developed advanced restructuring regimes to provide distressed companies and lenders with alternatives to...
Chancery Court Grants Motion to Dismiss Suit Governed by Entire Fairness | Legal Insights
The Chancery Court recently made a significant decision by granting a rare motion to dismiss a suit governed by entire fairness. This decision, as highlighted in the Harvard Law School Forum on Corporate Governance,...
Corporate Transaction Review Legislation Receives Varied Feedback
Legislative Hall in Dover. Courtesy photo.A recent bill introduced in the Delaware Senate is sparking debate and potential changes in the level of scrutiny for conflicted transactions, with the potential to impact the decisions...
Alumni of Latham & Kirkland Secure Top General Counsel Roles: Implications for Business Growth
Latham and Kirkland have a significant number of alumni in the top 100 highest-paying corporate in-house leader positions. This trend is noteworthy because these firms often secure new business opportunities when their former lawyers...
Consolidated Tesla Shareholder Cases Over Musk’s X, AI Focus | Law.com
Tesla shareholders are coming together to consolidate three separate Court of Chancery cases in order to streamline the litigation process. By combining these cases, they hope to avoid repeating efforts and dealing with overlapping...
Navigating Belgium’s Latest Tort Liability Changes: A Guide for Directors
Belgium's tort liability rules for directors underwent significant changes with the publication of a new Book 6 of the Civil Code on July 1, 2024. These changes will come into effect on January 1,...
Elon Musk’s Compensation Court Battle Continues Despite Ratification Vote | Law.com
Elon Musk's Compensation Court Battle Continues Despite Ratification VoteThe legal battle over Elon Musk's compensation package continues, despite a recent ratification vote. The Tesla CEO's pay package has been the subject of controversy, with...
Chancery Filings Target Musk and Tesla Board: A Reality Check
Three Tesla shareholders have recently filed lawsuits against Elon Musk and the Tesla board. These legal actions were filed within a week of each other, with the most recent complaint being submitted just hours...









