Corporate Law

2643 ABA Journal Corporate Law articles.

Options Plea Deal: Lawyer to be Jailed, Pay $52M

The former top lawyer at software maker Comverse Technology Inc. was sentenced today to a year and a day in jail and ordered to pay $52 million for his role…

Ex-Hollinger Exec Tells of Plan to Divert Cash

A senior executive at Hollinger International testified in Chicago yesterday that he and media magnate Conrad Black plotted to divert noncompete payments to top company executives, including themselves.

A Legal Victory for Ex-NYSE Chairman

The former chairman of the New York Stock Exchange has won a significant legal ruling in his fight to keep a $190 million pay package.

The suit, filed by then-Attorney…

Lawsuits Trade Accusations in Dow Firings

Two officials fired by Dow Chemical sued the company yesterday, claiming they were defamed by claims they were improperly involved in third-party discussions about a company takeover.

Dow has in…

Trial Lawyers Decry Judge’s $65M Pants Suit

Often a target itself of claims by big business that it promotes frivolous litigation, a well-known American trial lawyer group is now pointing the finger at someone else.

A Washington,…

GC Fired As Company Probes Backdating

Another backdating probe, another general counsel gets the boot.

But in the case of Matthew Gloss, dismissed as general counsel of Marvell Semiconductor Inc., it’s not clear if his firing…

Lawyer: Sarbanes-Oxley Misused Against Me

A Greenwich, Conn., lawyer charged with destroying evidence under the Sarbanes-Oxley Act says he has a clear conscience.

Prosecutors claim Philip Russell destroyed a computer containing child pornography, owned by…

No Docs, But Big-Name Lawyer OKs $200 Million

A renowned Chicago lawyer and former Illinois governor testified yesterday that he approved $200 million in payments as a corporate director and audit committee chair without documentary support.

In his…

Tort Reform: Chamber vs. Trial Lawyers

Battling press releases today between two arch-enemies in the legal arena contend that the U.S. does, and does not, have a legal system in critical need of so-called tort reform.

Surprise Statement, Gutsy Defense in Apple Case

The Wall Street Journal (sub. req.) reports that a public statement by Apple’s former CFO could complicate matters for Apple CEO Steve Jobs.

Fred Anderson says…

Battle of CEOs Over Warner Music Deal

The former CEO of Simon & Schuster has sued Edgar Bronfman Jr. saying the businessman backed out of an oral deal to pay him for help negotiating the $2.6 billion…

‘Girls Gone Wild’ Founder Gets 35 Days in Jail

The founder of the “Girls Gone Wild” video company pleaded guilty to criminal contempt yesterday for failing to meet a settlement deadline. Joe Francis was fined $5,000 and sentenced to…

SEC Options Backdating Suit for Ex-Apple GC?

A former general counsel for Apple Inc. may be sued by the Securities and Exchange Commission for her role in allegedly backdating two stock options grants to company executives, according…

Directors’ Settlement a Probable Record

A $41.5 million settlement finalized last month may be one of the largest to require outside directors to dig into their own pockets, the Wall Street…

Activist’s Wife Blames Yahoo for Husband’s Torture

Yahoo has effectively disclosed the identities of some Chinese users of its e-mail service to the Chinese government, leading to their imprisonment and even torture in that country, according to…

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