Corporate Counsel (4)
GE’s GC Tops List of Highest Paid
- Corporate Counsel
- Written by PLP News
General Electric's general counsel's 2012 compensation package afforded him almost $11 million in cash, making him the highest paid general counsel on Corporate Counsel magazine's latest list of the nation's 100 highest paid GCs. So reports Law.com.
Read more...Ex-Nixon Peabody Partner’s Co-Defendant Pleads Guilty to Ponzi Scheme
- Corporate Counsel
- Written by PLP News
After entering a guilty plea, John Farahi, founder of Newpoint Financial Services Inc., was sentenced to 10 years in federal prison on March 20, according to a National Law Journal story. The Beverly Hills businessman admitted his role in a $20 million Ponzi scheme and the plea could have ramifications for former Nixon Peabody securities partner David Tamman, who was found guilty for his role in the scheme.
Read more...Herbalife Legal Coffers Bolstered to Fend Off Pyramid Scheme Charge
- Corporate Counsel
- Written by PLP News
A Los Angeles nutrition company is locked in a legal battle with billionaire hedge fund manager Bill Ackman, who has accused the company of perpetuating a pyramid scheme. Herbalife officials said the company will up their legal defense costs from $25 million to $40 million in the wake of Ackman’s accusations, according to a Los Angeles Times article.
Read more...Criminalization of the Practice of Law
- Corporate Counsel
- Written by Progressive Law Practice
Food and Drug Administration logo (Photo credit: Wikipedia)
When attorney F. Lee Bailey was indicted for mail fraud in 1973, he quoted a popular aphorism referencing the difference between how England and the U.S. treat their criminal defense lawyers. “In England they are apt to be knighted; in the United States they are apt to be indicted.” There is quite a bit of truth in the saying and the dangers inherent in practicing law in the U.S. are not only faced by defense lawyers. Sensing an opportunity, the Department of Justice (DOJ) has recently set its sights on corporate in-house counsel.
Read more...Most Read
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Apr 07 2013
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Written by PLP News
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Mar 31 2013
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Written by PLP News
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Jan 26 2014
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Written by PLP News
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Jun 15 2014
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Written by Tami Kamin Meyer
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