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This week, Legal Speak spoke live on location at the General Counsel Conference Midwest 2024 in Chicago with professionals from across the legal industry about key insights and practical solutions that today’s general counsel need to manage and better leverage C-Suite relationships, successfully overcome a litigation crisis, do more with fewer resources, and more.        

“It seems to us that, as an investor in Akorn whose shares’ value was affected by the merger and the mootness fees, Frank has a claim in common with the main action; how could it be otherwise?” Judge Frank Easterbrook wrote for the court.        

Both the DOJ and the SEC have made it clear that they will look at company BYOD policies when assessing how to resolve matters under their purview. To avoid pitfalls — and sanctions — counsel must take proactive steps to ensure proper preservation and collection of personal mobile data and verify that clients comply.        

“If I sound defiant, it’s because I am,” Jenn McCarron wrote. “I cannot and will not accept the status quo. The stakes are too high, and our industry will get left behind if we do.”        

In effect, the defendants’ cartel is a “per se unlawful restraint of trade” under state antitrust and competition laws, the complaint alleges.