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[v] The court also considered Delaware’s strong interest in providing a forum for disputes regarding the internal affairs of LLCs formed under its laws. [read post]

The D & O Diary - http://www.dandodiary.com/

DOJ touts more than $2 billion in fraud recoveries

7 Feb 2023, 6:19 pm by Ben Vernia

The program is funded jointly by states and the federal government.Mallinckrodt ARD LLC, previously Questcor Pharmaceuticals Inc., paid $260 million to resolve separate allegations relating to its drug H.P. [read post]

False Claims Counsel - http://www.falseclaimscounsel.com/wordpress

Corporate Officers, Not Just Directors, Can Be Liable for Duty of Oversight Violations

7 Feb 2023, 6:30 am

Vice Chancellor Laster announced that “[t]his decision clarifies that corporate officers owe a duty of oversight[,]” rejecting Defendant’s contention that Delaware law does not impose obligations on corporate officers that are comparable to the duty of oversight articulated for directors in In re Caremark International Inc. [read post]

Harvard Law School Forum on Corporate Governance - https://corpgov.law.harvard.edu

Corporate Officers, Not Just Directors, Can Be Liable for Duty of Oversight Violations

7 Feb 2023, 6:30 am

Vice Chancellor Laster announced that “[t]his decision clarifies that corporate officers owe a duty of oversight[,]” rejecting Defendant’s contention that Delaware law does not impose obligations on corporate officers that are comparable to the duty of oversight articulated for directors in In re Caremark International Inc. [read post]

The Harvard Law School Corporate Governance Blog - https://corpgov.law.harvard.edu/

Mayer Brown Discusses Five Steps for Directors to Consider About Risk Governance

6 Feb 2023, 9:01 pm by renholding

Therefore, directors should consider how they can focus their limited resources on identifying and overseeing material risk and compliance issues. [read post]

The CLS Blue Sky Blog - https://clsbluesky.law.columbia.edu/

Precedential No. 7: TTAB Reverses Failure-to-Function Refusal of Lizzo's "100% THAT BITCH" for Clothing Items

6 Feb 2023, 4:05 am

” In re Ocean Tech., Inc., 2019 USPQ2d 450686, at *3 (TTAB 2019) (internal punctuation omitted) ["100% REAL CALLINECTES CRAB FROM NORTH AMERICA & Design"]. [read post]

The TTABlog - http://thettablog.blogspot.com/

$1.25 Million Cybersecurity Breach Settlement & Other Heightening Enforcement Warn Health Plans & Others To Fix Cybersecurity

4 Feb 2023, 3:20 am by Cynthia Marcotte Stamer

Phoenix-based nonprofit health system Banner Health and its affiliates (“Banner Health”) paid $1.25 million and agreed to take corrective actions to resolve its exposure to potentially much greater Health Insurance Portability and Accountability Act (HIPAA) Security Rule civil monetary penalty exposure for a 2016 cyber hacking breach that compromised the person health information of 2.81 million consumers. [read post]

HR & Benefits Update - http://slphrbenefitsupdate.com/

DOJ Withdrawal of “Outdated” Health Care Antitrust Policies Leaves Federal Health Industry Competition & Antitrust Policy Ambiguous

3 Feb 2023, 1:46 pm by Cynthia Marcotte Stamer

NOTICE: These statements and materials are for general informational and purposes only. [read post]

HR & Benefits Update - http://slphrbenefitsupdate.com/

Wachtell Lipton Discusses Mergers and Acquisitions–2022 and 2023

1 Feb 2023, 9:05 pm by renholding

2022 was a tale of two halves for M&A. [read post]

The CLS Blue Sky Blog - https://clsbluesky.law.columbia.edu/

SEC Commissioner Urges Reform of Regulation D and Private Markets

1 Feb 2023, 9:01 pm by renholding

Thank you Thomas [Kim] for that lovely introduction and I’m very pleased to be here at the Securities Regulation Institute giving the Alan B. [read post]

The CLS Blue Sky Blog - https://clsbluesky.law.columbia.edu/