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Women lawyers on boards face biases, breaking barriers
Women lawyers are joining corporate boards at higher rates but still face stereotypes and biases that hinder faster progress. Male-dominated networks of CEOs and CFOs have traditionally controlled board recruitment, often overlooking female attorneys as strategic assets, says Paul Hastings partner Tara Giunta. Despite these challenges, organizations like DirectWomen are pushing boundaries; since 2007, its…
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Mintz and other law firms support Election Day voting, some with paid time off
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo is once again giving its employees a paid day off for the 2024 Election Day, following its initiative from 2020. Despite this, many firms that previously offered full days off during the 2020 election have not confirmed similar plans this year. Firms like Hogan Lovells and Paul, Weiss,…
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DOJ rebuked over money-laundering settlement with TD Bank
Sen. Elizabeth Warren (D., Mass.) has rebuked the U.S. Justice Department over a $3bn money-laundering settlement with Toronto-based TD Bank that did not include the prosecution of bank executives. In a letter sent last week to Attorney General Merrick Garland and Deputy Attorney General Lisa Monaco, Warren criticized DOJ for not charging the bank with…
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SCOTUS halts voter roll restoration in Virginia
The Supreme Court’s conservative majority has upheld Virginia’s recent voter registration purge aimed at removing non-U.S. citizens, a move led by Governor Glenn Youngkin’s administration. The court’s decision, opposed by the three liberal justices, follows a federal judge’s finding that the purge wrongfully canceled over 1,600 registrations, potentially violating the National Voter Registration Act’s 90-day…
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Delta sues CrowdStrike over alleged software failure
Delta Airlines has filed a lawsuit against cybersecurity provider CrowdStrike, alleging a software malfunction led to a widespread “blue screen of death” incident in July, causing flight delays for 1.3m passengers and $500m in damages. CrowdStrike countersued, claiming Delta’s negligence accusations are baseless. The legal dispute, led by David Boies for Delta and Michael Carlinsky…
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New tax credits boost semiconductor sector
The Biden administration has finalized rules for a 25% tax credit aimed at semiconductor manufacturing projects, broadening eligibility under the 2022 Chips and Science Act. The expansion includes companies producing wafers and chipmaking equipment, as well as solar wafers, which could enhance domestic production. However, facilities producing underlying materials like polysilicon remain excluded. The tax…