DIRS.INFO The most relevant business & tech news

☆ Tesla board silent as investors await next steps after Elon Musk's $56 billion pay package revoked
▼ + stars: | 2024-02-13 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +7 min

Antonio Masiello | Getty ImagesTwo weeks after a Delaware court ruled that Tesla must rescind Elon Musk's $56 billion pay package, the company's board remains mum on what the decision means for shareholders or what's next for the mercurial CEO. CNBC sent requests for additional information to Tesla investor relations, Musk and some board members. "Given the high stakes involved, it is likely that Tesla will appeal the decision," Kastiel said in an email. In the absence of a successful appeal, "any new compensation arrangement with him will have to be assessed" in light of McCormick's decision, Kastiel said. Kastiel also said that the decision likely makes Musk and Tesla more vulnerable to other types of lawsuits.

Persons: Elon Musk, Antonio Masiello, Tesla, Chancellor Kathaleen McCormick, Musk, Richard Tornetta, Kimbal, Robyn Denholm, JB Straubel, Greg Varallo, Bernstein Litowitz Berger, Grossmann, Varallo, Kobi, Kastiel wasn't, Kastiel, Eric Talley, Talley, wasn't, He's, Walter Isaacson, CNBC's, you'll, Isaacson, Ann Lipton, Lipton, — Organizations: Tesla Inc, Fratelli, Getty, Elon Musk's, SEC, CNBC, Tel Aviv University, Washington University Law, Nasdaq, Columbia Law School, SpaceX, Tesla, Tulane Law Locations: Italy, Rome, Delaware, Texas, Tesla, Nevada, California

☆ Musk shifts Neuralink incorporation from Delaware to Nevada as he rails against $55 billion pay ruling
▼ + stars: | 2024-02-11 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +2 min

Elon Musk has pulled his brain implant company out of Delaware amid legal frustrations. "Never incorporate your company in the state of Delaware," he wrote on X, formerly Twitter. AdvertisementElon Musk has shifted the incorporation location of his brain-chip implant company Neuralink out of Delaware, reincorporating it in Nevada, Bloomberg reported. It comes after a series of frustrating legal setbacks for Musk in "The First State," including a judge striking down the Tesla CEO's $55 billion pay package. Musk previously moved the incorporation location of X to Nevada from Delaware after he changed its name, Bloomberg reported.

Persons: Elon Musk, —, Musk, reincorporate Tesla, Tesla, Neuralink Organizations: Service, Bloomberg, Fortune Locations: Delaware, Nevada, reincorporating, Texas

The results will either buttress Trump's claims of massive wealth or expose him as a poseur. The biggest potential judgment comes in the civil fraud case brought by New York Attorney General Letitia James. The court has already determined that Trump committed fraud by securing loans through false financial statements – including inflating the value of his properties. The fraud case is more complicated, experts say, since there was no clear victim identified. Judge Arthur Engoron, who will deliver the judgment on financial damages as well as the fate of Trump's businesses in New York, hasn't been sympathetic to the idea that Trump's fraud caused no harm.

Persons: Donald Trump, ”, Trump, E, Jean Carroll –, Laurie Levenson, Levenson, Carroll, Letitia James, Gregory Germain, Arthur Engoron, hasn't, Germain, He's, Anna Cominsky, –, William Thomas, Stephen M, Thomas, James, hamstringing Trump Organizations: Trump, New, Forbes, Bloomberg, Loyola Law, New York, Syracuse University, Donald Trump View, New York University Law, Federal, Commission, America, PAC, Ross School of Business, University of Michigan Locations: New York, Engoron

☆ How lawyers in the Trump ballot case are training for the Supreme Court arguments
▼ + stars: | 2024-02-02 | by ( Joan Biskupic | Cnn Senior Supreme Court Analyst | ) edition.cnn.com time to read: +10 min

Mitchell joined the case on behalf of Trump around the time arguments were underway at the Colorado Supreme Court. Georgetown’s Supreme Court Institute, for instance, relies heavily on attorneys who have served in the US solicitor general’s office, the government’s top lawyers before the Supreme Court. (The Institute, which operates on a non-partisan basis and offers its sessions for free, declined to comment on the Trump case arrangement.) Particularly valuable for any moot court, along with former members of the solicitor general’s office, are former Supreme Court law clerks. In that November 2021 controversy, the Supreme Court allowed Mitchell 10 minutes as an an intervenor on the Texas side.

Persons: Jason Murray, Donald Trump, Jonathan Mitchell, who’ve, Murray, Mitchell, It’s, ”, David Frederick, ” Frederick, Trump, John Roberts, Roberts, Amy Coney Barrett, Brett Kavanaugh, Elena Kagan, Samuel Alito, Anderson, Jack Dempsey, disqualifying, Bartlit Beck, Olson Grimsley, Kagan, Neil Gorsuch, Eric Olson, Sean Grimsely, Antonin Scalia, Roe, Wade . Kagan, Dobbs Organizations: CNN, Liberal, Trump, SPAN Murray, Colorado, Georgetown Law, Institute, Lawyers, Colorado Supreme, Organizers, Supreme, Harvard, Appeals, University of Chicago, Jackson, Health Organization Locations: Trump, Washington, Denver, Colorado, Texas

Even when compared with other CEOs, who routinely get paid roughly 200 times more than their typical employees, Elon Musk’s pay package was eye-opening. Critics have argued for years that CEO pay packages are exorbitant. Under Musk’s pay plan, he received a chunk of stock options each time Tesla’s market value rose by $50 billion. General Motors, for example, considers executive salaries at 3M, Boeing, Ford, IBM and other huge companies, and uses complex formulas to determine CEO compensation. Corporate law experts say any new compensation package for Musk will likely be challenged in court unless Tesla's board either resigns en masse or follows a meticulous process to protect shareholders by passing a substantially smaller package.

Persons: Tesla, Kathaleen St, Jude McCormick, Musk, Bernard Arnault, Critics, Blackstone’s Steven Schwarzman, “, ‘, ’ ” McCormick, Musk’s, shouldn’t, Mary Barra, Jim, Mark Zuckerberg, Tim Cook, they’re, ”, Charles Elson, ” Elson, Elson Organizations: Elon, Musk, Forbes, General Motors, 3M, Boeing, Ford, IBM, Big Tech, University of Delaware, Lawyers Locations: Delaware, —, Barra, U.S

Judge Kaplan said jurors should be identified only by number and even suggested they not share their actual names with one other. People were asked whether they had ever contributed money or supported a political campaign for Mr. Trump, Mr. Obama, Hillary Clinton or Joe Biden. “Have any of you ever read any books by Mr. Trump?” the judge asked. “Would that affect your ability to be fair to both sides in this case?” Judge Kaplan asked. “I want to stipulate that I am on the left,” Ms. Carroll remarked drolly.

Persons: Jean Carroll, Donald J, Trump, Lewis A, Kaplan, Carroll, Trump’s, —, Rosanna Garcia, “, Judge Kaplan, Ms, jockeyed, Alina Habba, Michael M, ”, Barack Obama, Obama, Hillary Clinton, Joe Biden, “ I’ve, ’, ” Ms, drolly, Kate Christobek Organizations: E, Trump, Vijilent Inc, Facebook, Carroll, Elle, CNN, Getty, Mr, New, New York City Transit Authority Locations: Manhattan, Massachusetts, U.S, New York, Westchester, New York City, Bronx, Westchester County

(Both men already hold sizable amounts of Alibaba stock.) Alibaba itself bought back $9.5 billion worth of stock last year, reducing its share count by over 3 percent. The stock purchases will probably bring attention back to Ma, a former English teacher who helped start Alibaba as an e-commerce platform. Ma, who hasn’t held a management role at Alibaba or Ant in years but remains a lifetime partner in the Alibaba Partnership, now largely focuses on Bill Gates-style philanthropy. And she’s expected to take swipes at Trump’s economic record as president.

Persons: Tsai, Ma, Alibaba, Ant, hasn’t, Bill Gates, Nikki Haley, Donald Trump, Eric Rosengren, Robert Kaplan, Kaplan, Rosengren, Archer, Daniels, Vikram Luthar, Scott Stuber, Spike Lee, Martin Scorsese, Jane Campion, Stuber, Ted Sarandos, Netflix’s, Bela Bajaria, Biden’s, Janet Yellen, Lael Brainard, they’re, Biden, ” Ray Fair Organizations: Pool Management, Alibaba, Brooklyn Nets, New York Liberty, Nets, Boston Fed, Dallas Fed, Republican, Biden, Yale, Times Locations: U.S, Hong Kong, China, Ma, Beijing, ’, Paris, New Hampshire, Dixville

☆ Opinion | Can Elon Musk Really Do That?
▼ + stars: | 2024-01-19 | by ( Peter Coy | ) www.nytimes.com time to read: +1 min

Angela Aneiros, an assistant professor at Gonzaga University School of Law in Spokane, Wash., can’t get enough of Elon Musk. “For better or worse, he’s like the gift that keeps on giving to corporate law professors. The students relate to Musk and I can say to them, ‘Here’s the perfect example of what not to do.’”The latest perfect example is what Musk wrote on Monday on X, which he owns. “Unless that is the case,” he wrote, “I would prefer to build products outside of Tesla.”To Aneiros and other experts in corporate law, Musk’s threat is audacious, for reasons I’ll get into. But it’s also a teachable moment in that it surfaces principles concerning how corporations, their boards and their executives work with one another.

Persons: Angela Aneiros, can’t, Elon Musk, there’s, ‘, Musk, ”, “, I’ll, it’s Organizations: Gonzaga University School of Law Locations: Spokane, Tesla

☆ It looks like Elon Musk is a bit envious of Mark Zuckerberg's control over Meta
▼ + stars: | 2024-01-19 | by ( Grace Kay | ) www.businessinsider.com time to read: +7 min

Musk appeared to give Tesla's board an ultimatum on Monday, saying he wants 25% voting control at Tesla or he'll stop growing AI development at the electric-car maker. One way of getting that would be via a dual-class stock structure. This isn't uncommon and could mean Musk wouldn't necessarily get more shares but that the ones he held would deliver more voting power. The company's dual-class stock structure provides Zuckerberg and select executive managers and directors with them. "Zuckerberg probably wouldn't have gone public without a dual-class structure," White said.

Persons: —, Elon Musk, Mark Zuckerberg, Musk, he's, Tesla, Zuckerberg, It's, Chester Spatt, Joshua Tyler White, doesn't, White, Ofer Eldar, Michael Dell, Anat Alon, Beck, Erik Gordon, Sam Altman's, Gordon Organizations: Service, Meta, Tesla, Business, Carnegie Mellon University, SEC, Vanderbilt, SpaceX, The Boring Company, UC Berkeley, Western Reserve University, University of Michigan's Ross School of Business Locations: Delaware, OpenAI

☆ American bought an apartment in Spain and made a new life for himself. ‘I have not looked back’
▼ + stars: | 2024-01-18 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +10 min

Of all the cities Coe had toured and lived in during his career, including Hong Kong, Singapore, Seattle and Chicago, he picked laid-back Barcelona, Spain. Matthew Coe bought an apartment in Barcelona in 2021. Jordi FolchRhythm of life in SpainHe has quickly picked up the daily rhythm and easy-going habits of Spain. Yet the pros of living in Spain by far outnumber the cons, Coe says. In Spain, he’s eligible for national health care, having contributed through Social Security payments and having lived in Spain for more than 5 years.

Persons: Spain isn’t, you’ve, Matthew Coe, Coe, ” Coe, Jordi Folch “, ” Coe “, Matthew Coe Coe, “, Matthew Coe Barcelona, Jordi Folch, ”, it’s, He’s Organizations: CNN, Spanish Consulate, Social Locations: Spain, Wenatchee , Washington, Hong Kong, Europe, Singapore, Seattle, Chicago, Barcelona, Turkey, Italy, Greece, Spanish, Valencia, Madrid, Catalunya, United States, Pacific Northwest, overtourism

☆ A sales practice at American Express is under scrutiny. Here's what we know about the investigation.
▼ + stars: | 2023-11-29 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +12 min

It's not clear how much scrutiny the company is under for management's role in developing and training employees to sell the product. Subpoenas are issued to compel parties such as company executives and employees, or former employees, to appear for interviews or turn over documents. In July, the OCC assessed a $15 million civil penalty against American Express National Bank. The IRS is also involvedBrooklyn attorneys are coordinating their criminal investigation alongside the IRS's criminal-investigation unit, the people BI spoke with said. Sinking morale among some sales employeesThe investigations are taking a toll on Amex's results-driven culture, current and former sales employees told BI, because compliance staff have gotten more involved in the sales process.

Persons: Amex, hadn't, salespeople, It's, Adam Isserlis, Isserlis, John Marzulli, Brian Morris, Hiral Mehta, Morris, Boies, Boies Schiller Flexner, Seth DuCharme, Charles Blazer, he's, Mehta, Hiral, Brian Organizations: American Express, Business, Justice, New York State Department of Financial Services, BI, Brooklyn, Eastern, of, OCC, American Express National Bank, Consumer Financial, Justice Department, Department of Financial Services, Department of Justice, IRS, Federal Deposit Insurance Corp, FDIC's, Government, Costco, Securities, Eastern District, Department of Homeland Security, Boies Schiller, FIFA, Taco Bell Locations: Brooklyn , New York, of New York, Eastern, Brooklyn

☆ SEC's in-house enforcement powers at risk in US Supreme Court case
▼ + stars: | 2023-11-28 | by ( Andrew Chung | ) www.reuters.com time to read: +6 min

The case involves hedge fund manager George Jarkesy, who the SEC fined and barred from the industry after determining he had committed securities fraud. Critics of the agency have argued that its in-house system gives it the unfair advantage of prosecuting cases before its own judges rather than before a jury in federal court. The case could make it harder for the SEC weed out bad actors in the securities industry, legal experts said. The court in 2018 faulted the way the SEC selected its in-house judges, and in April made it easier for targets of agency actions to mount challenges in federal court. The FINRA case - a constitutional challenge to its structure brought by Utah-based Alpine Securities Corp - is currently before another federal appellate court and eventually could come to the Supreme Court.

Persons: Andrew Kelly, Joe Biden's, George Jarkesy, Jarkesy, infringes, Benjamin Edwards, Edwards, FINRA, James Park, Andrew Chung, Will Dunham Organizations: U.S . Securities, Exchange Commission, SEC, Washington , D.C, REUTERS, Exchange, Circuit, 5th Circuit, Financial Industry Regulatory Authority, University of Nevada, Consumer, U.S, Constitution, Patriot28, Securities, Jarkesy, Alpine Securities Corp, Supreme, UCLA School of Law, Thomson Locations: Washington ,, New Orleans, Constitution's, Las Vegas, Houston, disgorge, Utah

☆ How an Indian startup hacked the world
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +41 min

The Indian company hacked on an industrial scale, stealing data from political leaders, international executives, prominent attorneys and more. Run by a pair of brothers, Rajat and Anuj Khare, the company began as a small Indian educational startup. The Indian company hacked on an industrial scale, stealing data from political leaders, international executives, sports figures and more. Back in 2012, Kristi Rogers was an executive at Aegis, a London-based security company. Canadian security company GardaWorld, which acquired Aegis in 2015, said it had no information on the incident.

Persons: Chuck Randall, Randall, “, ” Randall, ”, Randall’s inbox, Appin, Rajat, Anuj Khare, Rajat Khare’s, Clare Locke, Khare “, Khare, ” Clare Locke, Ted Kaczynski, Anuj, who’ve, SentinelOne, Tom Hegel, Appin “, Hegel, Mandiant, ” Hegel, Shane Huntley, ” Huntley, Google’s Huntley, ‘, Jochi Gómez, Gómez, Halevi, Tamir Mor, Russian oligarch Boris Berezovsky, Mohamed Azmin Ali, ” Mor, Berezovsky, Azmin, Mor, Roman Abramovich, Mark Hastings, Hastings, didn’t, Jim H, ” Jim H, Jim H’s, Kristi Rogers, Mike Rogers, he’s, Global’s, sully, Rogers, Damian Perl, – “, Steven Santarpia, ” Santarpia, Santarpia, Leonel Fernández, ” Fernández, Rajat Khare, “ Let’s, Ministry of Home Affairs didn’t, Peter Hargitay, Stevie, Billing, ” Stevie, ’, ” Peter Hargitay, Mookhey, Norman Shark, Jonathan Camp, Shark, Camp, Norman, Dominican Republic –, Dan Brady, Sandra Schweingruber, ” Schweingruber, Schweingruber, Brady, ” Gómez, –, ” –, Anna Carter, Mark Califano, ” Rajat Khare’s, India’s, Educomp, Karen Hunter, Hunter, Bryan, Rajat’s, Vijay Kumar, Deepak Kumar, Kumar, ACSG, Jay Solomon, Solomon, ” Rebsec’s, Vishavdeep Singh, Rebsec, CyberRoot, Sumit Gupta, Gupta, Raphael Satter, Zeba Siddiqui, Christopher Bing, Ryan McNeill, Corinne Perkins, John Emerson, Marla Dickerson Organizations: Reuters, Google, Harvard University, U.S, Symantec, Appin, Caribbean, El, Israeli Defense Forces, Commando, Quillon Law, U.S . House Intelligence, The Michigan Republican, U.S . Senate, Aegis, Global Security, Security, Rogers, Army Corps of Engineers, Rotary, Aegis ’, Global, ” Reuters, Britain’s, Appin Software Security, Ltd, Appin Security, –, Research, Analysis, Intelligence Bureau, Indian, India’s Ministry of Home Affairs, India’s Ministry of Defense, of Home Affairs, Central Bureau of Investigation, CBI, Federal Bureau of Investigation, Ministry of Home Affairs, Telenor, Broadcom, FBI, Dominican, Criminal Investigation Service, Appin Security Group, CERT, country’s, Bureau of Investigation, Educomp, State Bank of India, State Bank, The National Security Agency, NSA, U.S ., Swiss, Appin Technology, India’s Ministry, Corporate Affairs, Control Security Global, Technology, Kumar, Facebook, Meta, BellTroX, Services, Street, New, Rebsec, BellTroX’s, Hire Locations: Long, New Delhi, India, Yorker, Paris, Swiss, cybersecurity, Appin, Dominican, California, “, Dominican Republic, El Siglo, United States, Britain, Switzerland, New York, French, New Jersey, Israel, Russian, Malaysian, London, Rwandan, Virginia, Canadian, Chuck@shinnecock.org, Texas, Indian, India’s Punjab, Pakistan, Zurich, Australia, Norway, Oslo, Brady, Former, ”, U.S, Islip, Shinnecock, Washington, cyberespionage

☆ If you get sued for an AI-generated creative work, OpenAI says it will protect you while Anthropic says you're on your own
▼ + stars: | 2023-11-14 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +4 min

At its first ever developer's day conference earlier this month, OpenAI tried to tackle the situation head on by announcing Copyright Shield. That's a promise that OpenAI will pay the legal fees of its business customers in the event they're sued for something they made using its products. "We can defend our customers and pay the costs incurred if you face legal claims around copyright," said OpenAI CEO Sam Altman in his keynote speech. But OpenAI rival Anthropic, founded by former OpenAI researchers and backed by billions of dollars from investors like Google and Amazon is taking a different approach. But to the extent that liability does exist, Anthropic says it's the person using the product that bears the blame.

Persons: Anthropic, it's, OpenAI, Sam Altman, Janel Thamkul, Thamkul, Erika Fisher, Fisher, I'm, they've, Darius Rafieyan Organizations: New York Times, Business, Google, United States Copyright, Sega Enterprises, Accolade, Sega

☆ Opinion: Marjorie Taylor Greene botches the explanation
▼ + stars: | 2023-11-12 | by ( Richard Galant | ) edition.cnn.com time to read: +18 min

We’re looking back at the strongest, smartest opinion takes of the week from CNN and other outlets. CNN —On the day after Republicans lost pivotal races in Kentucky, Ohio and Virginia last week, Rep. Marjorie Taylor Greene offered a diagnosis for her party’s ills. On Tuesday, Ohio voters passed an amendment to the state constitution that guarantees abortion rights. The disconnect may or may not cost Trump votes in 2024, but it’s hurting Republicans up and down the ballot. “Democrats will win in 2024 by making the election a choice, not just a referendum on Biden’s performance in office.

Persons: Marjorie Taylor Greene, CNN’s Manu Raju, Donald Trump, Roe, Wade, Trump, ”, Kate Bedingfield, Joe Biden’s, Youngkin, ” Bill Bramhall, Bedingfield, They’ll, Julian Zelizer, Biden, ” Clay Jones, ” Clay Jones Republican Lanhee Chen, — don’t, Chen, “, ” Mary Ziegler, Davis, Republicans don’t, Comstock, Nikki Haley, Ana Marie Cox, Ron DeSantis, Vivek Ramaswamy, Dick Cheney, ’ Haley, Haley, Ramaswamy, ‘, Haley “, ” Patrick T, Brown, ” Roxanne Jones, DeSantis, Todd Graham, Bill Bramhall, Mary Ellen O’Connell, ” “, ” John Spencer, he’s, Al Qaeda, Peter Bergen, Israel, Hani Almadhoun, Suzanne Nossel, Frida Ghitis, Walt Handlesman, Ivanka Trump, Elliot Williams, Letitia James, Williams, ” Williams, Nick Anderson, Ian Berry, Bob Dylan, Anna Lee, I’d, William, I’ll, Bethany McLean, Joe Nocera, Dr, Kent Sepkowitz, ” Sepkowitz, ” Don’t, Corey Mintz, DoorDash, Paul Rieckhoff, Jill Filipovic, Shannon Watts, Jade McGlynn, Keith Magee, King Charles, Sara Stewart, Priscilla ’, Barbra Streisand, CHANEL, Presley Ann, Patrick McMullan, Holly Thomas, James Brolin, Barbra’s, Thomas Organizations: CNN, Republicans, Trump, “, White House, State Senate, Biden, ” Clay Jones Republican, University of California, Department of Justice, Florida Gov, Republican, Senate, Content Agency Israel, Hamas, University of Notre Dame, Modern War, Twitter, Facebook, ISIS, Content Agency Trump, New York, Trump Organization, “ Trump, —, Tribune, Agency, College of, Getty, BBC Locations: Kentucky , Ohio, Virginia, Georgia, “, Mexico, Ohio, State, Michigan, Pennsylvania, Arizona, Kentucky, Mississippi, Florida, Miami, Hialeah , Florida, Trump, Israel, Gaza, Hamas, West, Mosul, Raqqa, Manhattan, New York City, Ukraine, Malibu , California, Greenwich Village

But next semester, he and his fearless students are shaking things up by turning their attention to Taylor Swift. Sean Kammer wanted his legal writing course to draw on music and art to help his students reconsider legal language and craft persuasive arguments. Political Cartoons View All 1240 ImagesCourses on Swift, Rick Ross and Succession supplement traditional law school courses with fun and accessible experiences that professors say they often didn’t have themselves. “It was never my experience that I walked out of a law school classroom excited about what I had learned,” Ivory said. Bella Andrade, a junior at Arizona State University, looks forward to her class on the psychology of Taylor Swift every week.

Persons: Taylor Swift, Sean Kammer, ” Swifties, Swift, Rick Ross, Moraima, Mo ” Ivory, “, ”, ” Ivory, could’ve, Luke Padia, I’m, Steve Sadow, ” Frances Acevedo, she's, Ross, Kinitra Brooks, Brooks, Bella Andrade, Andrade, Cathy Hwang, Hwang, it’s, ” Hwang, Sharon Johnson Organizations: DES, University of South Dakota Knudson School, Law, Georgia State University College of Law, Michigan State University, Brooks, Arizona State University, University of Virginia, Press Locations: DES MOINES, Iowa, Dakota, Ross, Lawrence , Kansas, Pembroke Pines , Florida, Minneapolis, Atlanta

☆ Future of Trump’s business empire could be hit by his fraud trial
▼ + stars: | 2023-11-08 | by ( Alicia Wallace | Nicole Goodkind | ) edition.cnn.com time to read: +6 min

Minneapolis CNN —The New York civil fraud trial of former President Donald Trump carries extremely high stakes for the self-proclaimed business mogul. “It’s between severe and seismic” as to the effects on Trump’s businesses, Thomas told CNN on Monday. Early last month, an appeals court judge paused the dissolution process for the duration of the ongoing $250 million fraud trial. A New York judge fined Donald Trump's family business the maximum penalty of $1.6 million for committing tax fraud. “[Trump] has largely been absent from the New York market for a long time,” he said.

Persons: Donald Trump, Trump, Will Thomas, Thomas, Arthur Engoron, Engoron, Victor J, ” Thomas, Adam Leitman Bailey, Bailey, ”, Alina Habba, they’re, “ They’re, Donald Trump's, Angela Weiss, you’re, — that’s, ” Trump, John Coffee, Trump’s, Jonathan Miller, Miller Samuel, ” Miller, it’s Organizations: Minneapolis CNN, The, University of Michigan’s Ross School of Business, “, CNN, Trump Organization, Trump, Bloomberg, Getty, Mar, New York, AFP, Columbia Law School, First Department, Miller Samuel Inc, New Locations: Minneapolis, York, Manhattan, New York, Westchester County , New York, Trump’s Florida, Aberdeen, Scotland, SoHo, New York City, AFP

“But it’s not.”Kammer's course, The Taylor Swift Effect, planned for the spring semester looks to be the first law school class based on the sequined musical icon. After attending a Swift concert in Minneapolis in June, Kammer said he was inspired to develop the writing-intensive class, available to second- and third-year law students. Pop culture-focused law classes are not uncommon, and they can create a public relations buzz for the schools that offer them. Boston University law professor Jessica Silbey, who co-authored a textbook on pop culture and the law, said students tend to be more engaged when they study subjects such as sports, new technology and celebrities. The University of California at Berkeley this week announced an upcoming business course based on Swift’s entrepreneurship.

Persons: Sean Kammer's, Taylor Swift, ”, Kammer, it’s, Taylor, Rick Ross, Jessica Silbey, Swift, ” Kammer, Read, Trayveon Williams, Karen Sloan Organizations: University of South, University of Virginia School of Law, Georgia State University College of Law, Boston University, South Dakota Law, University of California, Stanford, Stanford , New York University, University of Texas, Bengals, Thomson Locations: University of South Dakota, Minneapolis, Berkeley, Stanford ,

☆ Explainer: Why is Siemens Energy seeking $16 billion state guarantees?
▼ + stars: | 2023-10-29 | by ( ) www.reuters.com time to read: +5 min

The logo of energy technology company Siemens Energy is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. To make sure it can get the guarantees to fulfil its order backlog, Siemens Energy has turned to the government. Siemens owns a 25.1% stake in Siemens Energy and has not ruled out helping. Siemens still provides around 7 billion euros of performance guarantees to projects Siemens Energy is working on, significantly down from the 40 billion euros at the time of the spin-off around three years ago. Apart from seeking guarantees from the government, banks and Siemens, Siemens Energy said it is "evaluating various measures to strengthen the balance sheet", without elaborating further.

Persons: Chris Helgren, Banks, Roland Busch, hade, Andreas Rinke, Christoph Steitz, Victoria Farr, Andres Gonzalez, Pablo Mayo, Alexander Huebner, Tom Kaeckenhoff, Josephine Mason, Susan Fenton Organizations: Siemens Energy, REUTERS, Siemens, International Chamber of Commerce, German Economy Ministry, SIEMENS, Triton, Pablo Mayo Cerqueiro, Thomson Locations: Vancouver , British Columbia, Canada, downpayments, Berlin, Frankfurt, London, Munich

☆ The Verdict on John Grisham’s Sequel to ‘The Firm’
▼ + stars: | 2023-10-17 | by ( Sarah Lyall | More About Sarah Lyall | ) www.nytimes.com time to read: +1 min

Whatever happened to Mitch McDeere, the brash young associate who brought down the corrupt law firm of Bendini, Lambert & Locke in John Grisham’s game-changing 1991 legal thriller, “The Firm”? Three decades later, Grisham has resurrected Mitch — or Tom, as I like to think of him, because Tom Cruise played him with such seductive charm in the movie — for another outing. The new book, THE EXCHANGE (Doubleday, 338 pp., $29.95), should be a delicious gift to Grisham fans. But once you’ve read it, you might find yourself wishing that Mitch, last seen slipping out of sight while Bendini, Lambert & Locke imploded, had simply decided to while away his days in moneyed obscurity. It is 2005, and despite his earlier experience in corporate law, Mitch — still married to Abby, and now the father of twin boys — has joined the gargantuan international law firm of Scully & Pershing.

Persons: Mitch McDeere, Lambert, Locke, John Grisham’s, Grisham, Mitch —, Tom Cruise, Mitch, Bendini, Abby, —, Pershing, Giovanna Organizations: Doubleday Locations: Bendini, Libyan

☆ A Berkeley law professor is telling law firms not to hire his antisemitic students
▼ + stars: | 2023-10-17 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

A Berkeley law professor wrote in a WSJ op-ed that law firms shouldn't hire his antisemitic students. AdvertisementAdvertisementA law professor from the University of California Berkeley is telling law firms not to hire his antisemitic students. "Legal employers in the recruiting process should do what Winston & Strawn did: treat these law students like the adults they are. If a student endorses hate, dehumanization or anti-Semitism, don't hire him," Solomon wrote in the op-ed, published on Sunday. Solomon is a corporate law professor who specializes in business law as well as law and economics.

Persons: Steven Davidoff Solomon, —, Winston, Strawn, Solomon, Bill Ackman, wouldn't, Israel, Shearman, Sterling, Deringer Organizations: Service, University of California, New York University, Hamas, Harvard University, Harvard Palestine Solidarity Groups, Harvard, Justice, University of Pennsylvania, Columbia University Locations: Berkeley, Israel, Palestine, Palestinian, Gaza

[1/5] China's and Hong Kong's flags are seen on the pedestrian footbridge as decorations for the celebration of National Day, at the financial central district in Hong Kong, China October 3, 2023. "The last few years have created a very negative image of Hong Kong," said Inaki Amate, chairman of the European chamber in Hong Kong, one of the speakers at the M+ event. Executives point to the changing fabric of Hong Kong with mainlanders making up more than nine-out-of-ten of all those approved to work under government talent schemes. "If we believe that Hong Kong will be able to recover its most international Asia city status by continuing on this trend, we are very wrong," said Amate. “You’ve got what happened with the national security law, the pandemic and now you’ve got a pretty big problem with China’s economy.

Persons: Tyrone Siu, Inaki Amate, Paul Chan, haven’t, ”, Tara Joseph, “ You’ve, you’ve, Hong, Robert Walters, Patrick Ip, David Baverez, Baverez, Dorothy Kam, Scott Murdoch, Simon Cameron, Moore Organizations: REUTERS, Tyrone, European Union, Hong, Monetary, American Chamber of Commerce, Colliers, Companies, National Bank Australia, ASEAN Investment Cooperation, COVID ., COVID . Asia Pacific, Thomson Locations: Hong Kong, China, HONG KONG, Hong, British, Asia, Singapore, Dubai, COVID, COVID . Asia, Europe, “

☆ Analysis: War with Hamas threatens funding recovery in Israel's vital tech industry
▼ + stars: | 2023-10-10 | by ( Steven Scheer | ) www.reuters.com time to read: +5 min

"This is not a particularly easy time to get investment," he added, noting the number of flights to Israel that have been cancelled. CONFIDENCE EARNEDThat said, Hasson and others expect Israel's tech sector to rebound in the same way it has in past conflicts with Palestinian and Hezbollah militants. Medved said that he believes that Israel will prevail as an tech investment destination. "Historically, every time Israel has gone to war, long term has been a buy side," he said. "That shift may even help push those investors who might have been reluctant (to invest in Israel)," he said.

Persons: Jon Medved, Israel, Maya Eisen Zafrir, Avi Hasson, Hasson, Medved, Arie Zilberstein, Gem's, Ariel Efergan, Hillel Fuld, Steven Scheer, Krystal Hu, Louise Heavens Organizations: Overseas, OurCrowd, Hamas, Silicon Valley Bank, IVC Research, Investment, Startup Nation, Israel, U.S, Insight Partners, Security, Startup, Thomson Locations: Israel's, Israel, Gaza, Egypt, Yom, Silicon, Palestinian, New York, Tel Aviv, Jerusalem

SACRAMENTO, Calif. (AP) — Large businesses in California will have to disclose a wide range of planet-warming emissions under a new law Gov. The law requires more than 5,300 companies that operate in California and make more than $1 billion in annual revenues to report both their direct and indirect emissions. This was Democratic State Sen. Scott Wiener's third attempt to get the sweeping emissions disclosure rules passed in California. But the new California mandates will be go beyond that to make companies report a wide range of direct and indirect emissions. Under the California law, the state's Air Resources Board has to approve rules by 2025 to implement the legislation.

Persons: Gavin Newsom, Democratic State Sen, Scott Wiener's, Wiener, ” Wiener, “, Christiana Figueres, Amanda Urquiza, ___ Sophie Austin, @sophieadanna Organizations: California Chamber of Commerce, Democratic State, Apple, United Nations, National Conference of State Legislatures, U.S . Securities, Exchange Commission, state's Air Resources Board, Associated Press, America Statehouse News Initiative, America Locations: SACRAMENTO, Calif, California, State, Patagonia, Christiana, Paris

NEW YORK (AP) — Olympic gold medalist Sarah Hughes has decided not to run for Congress, in a race for a Long Island seat where several other Democrats are also vying to unseat the Republican currently in office. Hughes, an ice skater who took the top spot in figure skating at the 2002 Winter Olympics, announced her decision Friday about running for New York’s 4th Congressional District in a social media post. Long Island Republican Anthony D’Esposito is the incumbent. “For those interested, I have decided not to run for Congress at this time," she said on X, formerly known as Twitter. Hughes was 16 when she won her medal at the Olympic Games in Salt Lake City, Utah.

Persons: Sarah Hughes, Hughes, Anthony D’Esposito, Proskauer Rose Organizations: Republican, New York’s, Congressional, “, Olympic, Yale University, University of Pennsylvania, Stanford University Locations: Long, Salt Lake City , Utah, Manhattan

Search resuls for: "Corporate Law"

25 mentions found