Corporations

Revelry in the Courtroom: The Maverick Attorneys Winning Multi-Billion Dollar Settlements from Negligent Corporations

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New York — Amid the glitz of big city lights, a small cadre of attorneys strides the corridors of power not just with legal acumen but also with a relentless pursuit that has compelled some of the nation’s largest corporations to pay billions in settlements over negligent practices. These lawyers stand out not only for their unparalleled commitment to justice but also for their unconventional method – engaging in high-profile, and sometimes extravagant, social activities. This approach, often viewed with skepticism, raises eyebrows across the conservative spectrum of the legal profession. Critics argue it to … Read more

Governor Newsom Proposes Two-Year Delay to California’s Groundbreaking Climate Disclosure Requirements for Large Corporations

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SACRAMENTO, Calif. — Governor Gavin Newsom is pushing for a significant postponement in California’s pioneering climate disclosure laws. These laws, the first of their kind in the nation, affect companies doing business within the state that generate more than $500 million in annual revenue. Newsom’s new legislative suggestions advocate for shifting the compliance deadlines back by two years, citing feasibility concerns and the economic burdens they impose on businesses. Under the proposed amendments, businesses with an annual revenue exceeding $1 billion would now have until 2028 to disclose their direct and indirect greenhouse gas emissions, … Read more

Transnational Corporate Law Litigation: Holding American Corporations Accountable for Foreign Violations Through Fiduciary Duty Claims

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Wilmington, Delaware – Corporate law experts in the United States widely recognize the significance of Delaware’s legal compliance jurisprudence. While directors and officers have considerable leeway in making business decisions, they are not immune to being held accountable for corporate law violations. Directors and officers betray shareholders when they knowingly allow the corporation to break the law. A forthcoming paper titled “Transnational Corporate Law Litigation” in the Duke Law Journal explores how Delaware’s legal compliance jurisprudence can be utilized to deter corporate lawbreaking in foreign countries. The paper presents a blueprint that explains why violations … Read more

Judge Unanimously Upholds Landmark Ruling against Corporations for Racism and Labor Law Violations

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Philadelphia, Pennsylvania – Judge Cindy Chung, who was nominated to the Third Circuit court of appeals by President Biden, delivered a unanimous decision in a case involving the firing of an employee due to complaints of racism and other labor law violations. The National Labor Relations Board (NLRB) ruling was upheld in the February 2024 decision of Colart Americas Inc. v NLRB. The case revolves around John Hargrove, an employee of Staff Management Group Inc. (SMG), a temporary staffing agency. Hargrove was assigned to work at Colart Americas Inc.’s distribution center in New Jersey. A … Read more