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Stoughton, Cecil. (1964). Retrieved from Wikipedia Commons.Deep Dive
Title VII’s future will be shaped by AI, recent SCOTUS rulings, attorneys say
The law’s anti-discrimination provisions remain a topic of complex debate, and sources who spoke to HR Dive expect the conversation to carry on well into the next several years.
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Supreme Court significantly expands time to sue government agencies
In yet another setback for federal agencies, the justices ruled that plaintiffs have six years to sue an agency from the time of their claimed injury.
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Cyber insurance prices fall amid rising competition: report
The pricing relief comes even as cyberattacks are escalating and businesses are paying more to recover from them.
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OSHA proposes rule to protect workers from extreme heat
The standard would require employers to provide water and rest breaks when high heat creates a hazardous work environment.
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Supreme Court defangs key SEC enforcement power
This 6-3 ruling strikes down the Securities and Exchange Commission’s in-house system for deciding civil fraud penalties.
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Shareholders rejecting both ESG and anti-ESG proposals
Only three of almost 1,000 proposals have been supported by shareholders so far in the 2024 proxy season.
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Supreme Court deals big blow to federal agencies
In a landmark ruling, the justices overturned a 40-year-old precedent and significantly reduced the power of federal agencies to interpret the laws they administer.
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Is an exodus of federal government attorneys coming? If so, in-house teams could benefit
Attorneys with experience at agencies such as DOJ could assist with AI and other regulatory work and investigations, search executives say.
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NFL slammed with $4.7B verdict in Sunday Ticket antitrust case
A Calif. jury found that the NFL colluded to overcharge fans with its arrangement for selling access to out-of-market games.
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Do DOJ statements of interest put a target on your back?
The Biden and Trump administrations have stepped up use of briefs in private antitrust actions. How they’re wielded might point to where the agency will sue next.
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AI software use growing among in-house legal departments: report
Artificial intelligence remains a small newcomer in the legal tech toolbox but ‘dramatic growth’ is forecast, according to an in-house counsel survey.
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Using deferred compensation to meet Dodd-Frank clawback obligations
The process could be a quick and easy way to handle executive repayments, but there are IRS rules to navigate, legal specialists say.
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How GCs can succeed as public company directors
Lawyers wanting to serve on boards must consider a company’s business more broadly and leverage their legal training, according to an expert panel.
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Employer support for flexible work remains strong, SHRM survey indicates
The organization also asked employers about menopause benefits for the first time in the history of its annual employee benefits survey.
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BlackRock becomes first firm on Indiana treasurer’s ESG watchlist
“Contrary to the Treasurer’s assertion, BlackRock has been singularly focused on delivering performance” for the state’s pension fund, a firm spokesperson told ESG Dive.
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Moelis banker who was filmed punching woman leaves his job
A woman who said she was the recipient of the punch said Jonathan Kaye seemed agitated before the scuffle began. A spokesperson for the banker said Kaye felt threatened.
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Tesla heads back to court still hoping to pay CEO Elon Musk billions
The EV maker is hoping that a second shareholder approval of Musk’s record compensation package will influence a Delaware court.
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Opinion
GC, CCO roles can protect PE firms as SEC steps up AI scrutiny
For private equity, with its cutting edge use of new technology, having both a GC and a compliance officer protecting a firm can be a risk management difference maker.
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EU competition charge against Apple is a preliminary finding
The company has until March to respond to the regulator’s claim that it’s not allowing developers to communicate directly to their customers within their apps.
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Supreme Court ruling douses repatriation tax refund hopes
The court affirmed the constitutionality of the one-time Mandatory Repatriation Tax on income from investments in foreign corporations.
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SEC’s $2.1M fine on RR Donnelly over hack response slammed as overreach
The agency’s assertion that a cybersecurity failure can be punished as an “internal accounting controls” violation is raising eyebrows.
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Anti-ESG laws challenge fiduciary obligations, add reporting burden
The impact of anti-ESG legislative efforts is uncertain and could affect capital availability for businesses and investment vehicles that have a sustainability or social focus, experts say.
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Culture wars are invading the workplace. Call the lawyers.
Trump and Biden aren’t just a voter problem. Politics is creating “cultural flashpoints” as personal political expression roils many companies.
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Citi fined $13.9M by Germany’s BaFin over 2022 flash crash error
The penalty, announced Thursday, came two days after two British regulators fined the bank £61.6 million ($78.4 million) for the same instance.
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Column
Why a Visa-Mastercard settlement is likely to fall short
The persistence of the networks’ ‘honor all cards’ rule may be a key reason Judge Margo Brodie is unlikely to approve a negotiated resolution of the two-decade-old case brought by merchants.
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