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Thursday, August 25, 2011

Y! Alert: Corporate Counsel


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The latest from Corporate Counsel


Steve Jobs' Resignation Highlights the Importance of Succession Plans Top
As Apple CEO Steve Jobs steps down from his iThrone, boards of directors at companies big and small might want to heed this as a timely reminder and ask: Do we have a workable succession plan in place?
 
Bloomberg LP to Acquire BNA in a $990 Million Tender Offer Top
On Thursday, Bloomberg LP announced that it plans to acquire the Bureau of National Affairs, which publishes legal and regulatory information, in a cash tender offer worth up to $990 million.
 
NACDL Files SCOTUS Amicus Brief in Ian Norris Case Top
The National Association of Criminal Defense Lawyers filed an amicus brief in support of Ian Norris, the imprisoned ex-CEO of the British-based Morgan Crucible Co. Norris is seeking review of his conviction last year for witness tampering in a case that is being closely watched in legal, business, and diplomatic circles here and abroad.
 
The $10 Billion WaMu Hot Potato: Who's Going To Face Claims by WaMu Investor Trustee? Top
Who is responsible for the $10 billion that investors in Washington Mutual mortgage-backed securities claim they're owed? That's a question now lingering after a recent decision in a lawsuit against JPMorgan and the Federal Deposit Insurance Corporation brought by Deutsche Bank, which is the trustee for WaMu-issued MBS, originally worth $165 billion.
 
Eastern District of Texas Deals Blow to Generic Pharmaceutical Companies Top
In one of the first Eastern District of Texas interpretations of the Hatch-Waxman Act, the federal law governing the procedure for bringing generic drugs to market, brand-name drug company Allergan Inc. has prevailed against five generic drug makers.
 
Trademark Holders Face an Explicit Problem With .XXX Web Domain Top
As ICANN's expansion of top-level internet domains goes into effect, the keepers of corporate trademarks are going to need to have an unusual conversation in the next few weeks: "What should we do about the .xxx domain?"
 
Social Gaming Giant Zynga Faces New Patent Infringement Litigation Top
Following several high-profile bouts of smartphone patent litigation and acquisition, social gaming patents are joining the fray as the industry's big dog Zynga is being sued for patent infringement. This is the second patent suit levied against Zynga this summer.
 
New SEC Rules Promise Payouts for Whistleblowers, but How Have Past Tipsters Fared? Top
Looking back at two very different whistleblowers we've profiled over the past three and a half years, one has had some success in court, and the other filed a brief revealing that his lawsuit has cost him nearly everything he owned.
 
Down Economy and Increased Regulation Impact Corporate Fraud Top
Two news studies, by The Network and KMPG, examine the impact of the economic downturn and new regulations on both the act of fraud and how it's reported to management.
 
From the Experts: Document Review with No Pain, All Gain Top
Text analytics search technology enables smarter review strategies that improve both the speed and quality of the expensive review process. Using this technology to structure a review allows litigation professionals to significantly reduce discovery costs by increasing review speeds.
 
From the Experts: Is That You, Terence? Top
Convicted English fraudster Terence Freeman swindled 335 investors in a Ponzi scheme that collapsed with losses of £44 million ($71 million). How did all this happen, and what lessons are there for British and American corporate regulation?
 
Wal-Mart Associate GC Joseph West Moving on to Lead MCCA Top
Joseph West, associate general counsel for Wal-Mart Stores, Inc., is leaving his post to become president and CEO of the Minority Corporate Counsel Association, effective September 12.
 
Q&A: Incoming Recording Industry Chief Sherman Targets Piracy Top
In September, the Recording Industry Association of America gets a new leader, Cary Sherman, who has been the group's president for the past 10 years after serving a previous stint as its general counsel.
 
Moves: Kristin Campbell Makes Herself at Home at Hilton Worldwide Top
Recently, Hilton Worldwide has moved its HQ from Beverly Hills to the suburbs of Washington, D.C.; grown exponentially in emerging markets like Saudi Arabia and China; and hired a new general counsel, Kristin Campbell.
 
Drinker Biddle's Gregg Melinson Going In-House at HP Top
Drinker Biddle & Reath partner Gregg Melinson talks about his cross-country move from Pennsylvania to California, to serve as Hewlett Packard's deputy general counsel and vice president of global government affairs.
 
Andrew Kline Joins Go Daddy as Deputy General Counsel for Global Policy Top
Powerhouse domain registrar Go Daddy has brought former White House lawyer Andrew Kline into the private sector as its first-ever deputy GC for global policy, a sign of the company's growing presence on Capitol Hill.
 
Best Legal Department 2011 Video: Wellpoint Top
CorpCounsel.com reporter Shannon Green talks to general counsel John Cannon from Best Legal Department 2011 Finalist Wellpoint.
 

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