Court-watchers say a vote by Tesla shareholders to ratify Elon Musk’s pay package doesn’t negate the Delaware Chancery Court’s ruling that faulted the process by which Tesla’s board originally approved the package in 2018. Tesla shareholders voted on Thursday in favor of Musk’s compensation plan, one that Chancellor Kathaleen St.…

Two small Manhattan law firms are merging, creating a 35-attorney firm that will focus on construction law, finance, real estate, and commercial litigation, among other practices. The merger is the latest combination involving small firms in the U.S., amid an uptick in firm mergers this year. Goetz Fitzpatrick and Platzer,…

The fast-paced legal tech world is constantly evolving. At Legaltech News, we always try to bring you the latest news on hirings, product and feature releases, new integrations, legal tech mergers and acquisitions, and more. The Legal Tech Rundown is a weekly update of legal tech happenings that might have…

On May 7, the Federal Trade Commission (FTC) published a final rule banning the enforcement of nearly all noncompete clauses in employment agreements nationwide (89 FR 38342). This new rule will have sweeping effects across all sectors of the economy, if it survives court challenges that have already been filed…

German prosecutors are hoping to extend the prison sentence of former Freshfield tax partner Ulf Johannemann from three to a maximum of 10 years in a long-running case linked to a defunct Canadian bank and the loss of almost €390 million (US$417 million) in tax money. Johannemann was initially found…

After the United Services Automobile Association and its subsidiaries agreed to reimburse thousands of policyholders more than $8 million for inappropriately assessed late fees, a federal judge in Maryland is now allowing a separate matter to proceed, in which policyholders seek more than $7 million worth of interest on those improperly…