News & Analysis as of September 19, 2024

Hiring & Firing › CEOs

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Hiring & Firing refers to the process of recruiting, interviewing and offering employment and the process of evaluating performance and dismissing employees. Hiring & Firing is a highly regulated area and can create tremendous liability for employers who fail to properly adhere to acceptable employment practices. Some of the potential pitfalls in this area stem from discriminatory hiring practices, improper performance evaluations, and retaliatory firings. less -

Federal Trade Commission Votes To Ban Non-Compete Clauses, Immediately Sued

Balch & Bingham LLP on 5/2/2024

On April 23, the Federal Trade Commission voted 3-2 to publish its new rule, 29 C.F.R. Part 910, banning almost all non-compete clauses with workers. The rule will take effect 120 days after formal publication in the Federal...more

The Informed Board - Spring 2023

Skadden, Arps, Slate, Meagher & Flom LLP on 5/25/2023

Changing CEOs is one of the most critical decisions any board faces. In this issue of The Informed Board, we offer tips on how to avoid the mistakes we most often see. We also explain the problems companies could face if the...more

Delaware Court Preserves McDonald’s Right to Seek Clawback of Ex-CEO’s Severance Benefits

Blank Rome LLP on 2/17/2021

A recent decision by the Delaware Chancery Court in the clawback litigation between McDonald’s Corporation and its former CEO highlights the meaning and impact of a common contractual provision: the “integration clause.” Such...more

Financial Daily Dose 3.17.2020 | Top Story: The Bear Market Roars, with Markets Falling nearly 13% as Whole Sectors of US Economy...

Robins Kaplan LLP on 3/17/2020

As Americans [way-too] slowly come to the realization that COVID-19 is a very real and very present threat, the business world is changing around them at a staggering pace. Stocks nosedived again on Monday, with the three...more

Financial Daily Dose 2.3.2020 | Top Story: Boeing’s 737 MAX Aircraft Face Continued Problems

Robins Kaplan LLP on 2/3/2020

Boeing Co.’s 737 MAX aircraft face continued problems from “potentially hazardous wiring.” European regulators want the manufacturer to relocate some of the wiring to prevent “potential short circuit[s], which in a worst-case...more

SDNY Rejects Director Liability for Sarbanes-Oxley Whistleblower Claims, Creating a Split Among Federal District Courts

Polsinelli on 1/2/2020

Public company directors, who are under constant threat of claims, received welcome news earlier this month. On December 9, 2019, the U.S. District Court for the Southern District of New York ruled that corporate directors...more

Financial Daily Dose 12.06.2019 | Top Story: Aramco Prices Shares at High-end of Range That Would Value Company at $1.7 trillion

Robins Kaplan LLP on 12/6/2019

Saudi Aramco has priced its offering at the high end of its range, setting the company up to raise more than $25 billion and value the company at nearly $1.7 trillion—all part of what promises to make this the world’s biggest...more

In Case You Missed It: Launch Links - April 2019 #2

WilmerHale on 4/22/2019

Some interesting links we found across the web this week: Why the Secret to Growth May be a ‘Velvet Rope’ Strategy - The “velvet rope mentality” (i.e. only working with the right, qualified clients and not over...more

Dr. Dolittle and the Faithless Servant Doctrine in 2018 (So Far)

Bond Schoeneck & King PLLC on 8/21/2018

In his iconic book, The Story of Doctor Dolittle, children’s author Hugh Lofting introduces the world to a mythic animal -- the pushmi-pullyu -- that has two heads on the opposing ends of its body, begging the questions: 1)...more

Seventh Circuit Affirms Grant of Summary Judgment on Terminated CEO’s SOX And DFA Claims

Proskauer - Whistleblower Defense on 1/17/2018

Last week, the Seventh Circuit Court of Appeals held that a terminated CEO’s complaints about his board of directors’ managerial decisions did not qualify as protected whistleblowing under the Sarbanes-Oxley Act of 2002...more

Mitigating Employment Litigation Landmines With Workplace Diversity and Inclusion Efforts

Ogletree, Deakins, Nash, Smoak & Stewart,... on 11/20/2017

Meaningful diversity and inclusion efforts in the workplace have evolved from being the right thing to do to being the smart thing to do—and now they are quickly moving toward being the essential thing companies must do to...more

Executives Behaving Badly: Can CEO Be Fired For Kathy Griffin Hate Speech?

Lewitt Hackman on 9/29/2017

Neighbors don’t always get along – not even affluent neighbors living in exclusive gated communities in Bel-Air. This was proven most recently, when the Huffington Post released security camera audio of Jeffrey Mezger...more

Compliance Lessons From Uber: Takeaways for Tech Startups

Nilan Johnson Lewis PA on 6/26/2017

While the media has widely covered the resignation of Uber’s CEO Travis Kalanick, it has largely ignored important lessons that tech startups can draw from Uber’s experience. In fact, the series of events leading up to...more

This Week in FCPA- Episode 52, for the week ending May 12, the Firing the Investigators Edition

Thomas Fox - Compliance Evangelist on 5/12/2017

1. What is the real risk in a FCPA enforcement action? See Mike Volkov’s post in Corruption, Crime and Compliance. 2. FIFA fires its lead internal investigators for doing their job investigating. See Tom’s article in...more

California Employment Law Notes - May 2017

Proskauer - California Employment Law on 5/8/2017

Ruth Featherstone alleged that her former employer (SCPMG) discriminated against her based on a "temporary disability" that was caused by an adverse drug reaction, which resulted in an "altered mental state." During this...more

[Event] Long-Term Care Conference - October 18th, Richmond, VA

Williams Mullen on 9/28/2016

Williams Mullen's Long-Term Care Conference will provide health care executives with the latest information on how to mitigate professional liability and regulatory risks; manage employment law matters, including overtime,...more

Calculating the Incalculable: Reputational Damage (Part I of III)

The Volkov Law Group on 8/31/2015

Today I am beginning a three-part series on reputational damage. The first part tries to define the term “reputational damage;” the second part focuses on managing threats to a company’s reputation and the final posting...more

International Employment Law Review: August 2013 - Issue 4: Recent Employment Law Developments in Russia

Dechert LLP on 8/14/2013

Legislation - Significant New Amendments to the Russian Labor Code - During the first half of 2013, a number of amendments were introduced into the Russian Labor Code. These amendments relate to remote...more

"The Landscape of CEO Succession Issues"

Skadden, Arps, Slate, Meagher & Flom LLP on 6/26/2013

A board’s decision as to whether, when and how to terminate the employment of a CEO and hire a successor is among the most critical decisions facing the board of any company — large or small, public or private, established or...more

What rights do employers have over employees’ social media accounts in light of LinkedIn/CFAA ruling?

Gray Reed on 10/15/2012

Earlier this month, a federal judge ruled that when a company took over a departing employee’s LinkedIn account, the company did not violate the Computer Fraud and Abuse Act in the case of Eagle v. Edcomm....more

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Hiring & Firing › CEOs

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