Environmental, Social & Governance (ESG)
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L Brands Hires New Legal Chief As It Prepares for Spin Offs

L Brands, Inc., has hired former Madewell Inc. and Rosetta Stone Inc. lawyer Michael Wu as its new chief legal officer in a time of change for the company, which is set to spin off two of its subsidiaries, Victoria’s Secret and Bath & Body Works.

Siemens Hijacked Joint Venture to Get Trade Secrets, Suit Says

Siemens Energy Inc. was hit with a lawsuit in Delaware claiming it’s using its control over a manufacturing joint venture to misuse intellectual property belonging to venture partner Chromalloy Gas Turbine LLC and bury it under a mountain of debt.

Chamber Warns SEC’s Gensler Against Expansive ESG Disclosures

The U.S. Chamber of Commerce said it’s opposed to possible SEC actions on requiring corporate disclosures on climate change, political activity, and other environmental, social, and governance issues that go beyond what average investors deem important.

Crowley Fleck Appears to Settle Bid to Preempt Malpractice Case

Montana law firm Crowley Fleck PLLP has reached an apparent settlement of a case it brought against two private equity principals in Delaware seeking to get out ahead of legal malpractice claims they threatened to file over the firm’s work for an oilfield construction company.

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