When you have spent your life building a business, you will have multiple concerns about a transition when you are no longer able to run it. Not only will you probably want to keep the company within your family, but you will also want to ensure a smooth transition in order to keep family relationships…
Companies are increasingly focusing on ESG issues, as major institutional and individual investors closely follow and support them. For example, investment managers like BlackRock will no longer invest in shares of companies that do not have and follow their own ESG policies. These days, battle lines have been drawn around the issue of ESG investing;…
Before Elon Musk completed his takeover of Twitter, the lawsuit filed by the social media company to force the completion of the merger could have potentially gone to trial. According to Twitter, Musk had a legal obligation to close on the deal based on the terms of the contract. The company was asking the court…
Trucking, transportation companies, and other businesses that own transportation fleets have been on the receiving end of an increasing number of enormous jury verdicts. These so-called “nuclear verdicts” have put some trucking companies out of business while causing grave financial harm to others. Massive jury verdicts should prompt companies to act now, both to manage…
The National Labor Relations Board (NLRB) recently proposed a new rule which restored a prior interpretation that was changed under the Trump Administration. Although the rule is described as new, it is merely the latest step in a battle over what actually creates an employment relationship. The NLRB’s new rule makes it easier for an…