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Wednesday, April 13, 2011

Y! Alert: Corporate Counsel


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Now That's Compliance: DOJ Gives ITT Time Off for Good Behavior Top
The feds end their oversight of ITT involving night-vision technology and arms export violations. The charge was dismissed a full year ahead of schedule.
 
It's Complicated, Says Judge, as He Delays Trial of WellCare Ex-GC Top
A trial for alleged health care and Medicaid fraud is pushed back; hearing set for September.
 
Panel Tells S.F. Conference to Get Granular on Social Media Top
Panel at social media event discusses companies' need for policies to protect reputation and intellectual property. How do you strike the proper balance?
 
The Best Defense? Patent Aggregator RPX Prepares For IPO Top
The company aims to raise $100 million to acquire patents that might otherwise fall into the hands of so-called trolls--and be asserted against large companies.
 
RELIANCE ON COUNSEL: Efficiencies in the House Top
Doctors have continued to improve how they treat patients; had they not, many of us would not be here today. But lawyers haven't changed how they deliver legal services since the commencement of the profession. Why?
 
Chin Decides Google Books Settlement Would 'Go Too Far' Top
Google's attempt to build the world's biggest digital library was sidetracked March 22 as a federal judge rejected a settlement between the Internet giant and authors and publishers who sued for copyright infringement.
 
Manhattan Federal Judge Kimba Wood Calls Record Companies' Request for $75 Trillion in Damages 'Absurd' in Lime Wire Copyright Case Top
Willkie Farr, counsel to Lime Wire, urged the judge to reject the record companies' argument that they should be awarded damages for each instance of infringement. With thousands of users and millions of downloads, Lime Wire's liability could have been staggering. Instead, she held, damages should be limited to one award per work.
 
Labor Pains Top
There is a perfect storm of workplace litigation swirling around general counsel. Employees are suing like never before. Worrying that employment litigation will devour the lion's share of corporate legal resources, companies are pinning their hopes on the high court.
 
Interview: Is There a Doctor in the House? Top
When Gloria Santona, top lawyer at McDonald's Corporation, was in college, she wanted to become a doctor, but things didn't quite fall into place as she'd planned. After 33 years with McDonald's, she's still lovin' it.
 
The Feds Are on It, and Big Banks Need to Shore Up Compliance Programs Top
The feds' expanded use of powerful tools makes clear that protecting financial markets remains a top government priority. Financial institutions should ensure that their policies and practices adequately address insider trading risk.
 
A Prescription for Online Medical Confusion Top
The FDA, like all federal agencies, takes full advantage of social media. But it's mum on what drug companies can and cannot do to get its message across on the same online media.
 
Playboy Picks Up Top Lawyer From Penthouse, While Penthouse Puts Its Stuff On the Market Top
Owners of adult publications Playboy and Penthouse were busy on the legal front, as the former hired a new general counsel and the latter announced plans to move forward with an initial public offering.
 
General Counsel Profile: Adam Tachner Top
Atheros Communications' GC has been in wireless since before wireless was cool.
 
JPMorgan Chase Names Matthew Biben General Counsel/Home Lending, Senior Legal Adviser Top
That's right, you can bank on this move! Matthew Biben will join JPMorgan Chase on March 14 as general counsel of home lending and senior legal adviser for the firm.
 
Lawyer Loses License For Advising Clients to Break Into Foreclosed Homes Top
The State Bar of California has removed the law license of Michael T. Pines, a lawyer who garnered substantial media coverage for advising clients to break into their foreclosed homes.
 
ACC Taps Veta Richardson as New President, CEO Top
EXCLUSIVE: Veta Richardson tells CorpCounsel.com it's time 'to take things to the next level' as the Association of Corporate Counsel announces that it's hired the current head of the Minority Corporate Counsel Association to succeed outgoing president Fred Krebs.
 
Who's Afraid of the Bribery Act? Top
Andrew Legg, a senior litigation partner in the London office of Mayer Brown, stopped by to answer questions about the new U.K. law that has been called the Foreign Corrupt Practices Act on steroids. While general counsel on both sides of the pond may be nervous, Legg calmly explained how the two laws differ, and what companies can do to protect themselves. See also: "Banding Against Bribery" by Sue Reisinger in the March issue of Corporate Counsel.
 

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