Category Archives: Executive contracts

For Execs Confronting Extortion Shakedowns, Few Reasons to Participate

A juicy corporate scandal has a unique ability to wipe away billions from a corporation’s market cap with frightening speed, so it’s no wonder that executives are prone to quake when faced with the prospect of responding to the threat … Continue reading

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NFL’s Goodell Faces Leadership Challenge in Latest Patriots Discipline Probe

The sports metaphors are overflowing when it comes to the challenge that NFL Commissioner Roger Goodell faces with the prospect of investigating and meting out appropriate punishment for New England Patriots owner Robert Kraft. Let’s just say this: Welcome to … Continue reading

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For Politicians and Business Leaders, Dusty Yearbooks Hide Ticking Time Bomb

A cascade of yearbook scandals and confessions of disreputable behavior is sending quakes through Virginia political circles and beyond after decades-old yearbooks surfaced with references to racial slurs, images of students in blackface and other behavior unbecoming of those in … Continue reading

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#MeToo Zeitgeist Sends Quakes Through C-Suites

CEOs from three big U.S. chipmakers made unexpected career exits for improper behavior in the last two months alone, some on the job barely long enough to get their new business cards. Most recently and perhaps most surprising, Texas Instruments’ … Continue reading

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Fifth Circuit Reminder: Words Matter in Employment Contacts, Restrictive Covenants

Sometimes the most fundamental legal concepts are so basic and intuitive that they tend to fall by the wayside in practice. Case in point is a recent Fifth Circuit opinion throwing out an arbitration agreement because the employer didn’t follow … Continue reading

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Study Finds Public Losing Patience When CEOs Act Out

Add Hollywood mogul Harvey Weinstein, Amazon’s entertainment chief Roy Price and KB Home’s Jeffrey Mezger to the growing list of executives making headlines for the wrong reasons. One of the most powerful producers in Hollywood, Weinstein was forced out after … Continue reading

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U-Turn Ahead: Uber hits brakes over new hire’s refusal to help in trade secret defense

In a move that surprised no one watching the drama between Uber and Google’s Waymo self-driving vehicle division, Uber fired engineering whiz Anthony Levandowski on Tuesday. The company thought it scored a real coup last year in hiring Levandowski to … Continue reading

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Game industry executive’s job-hopping mistake leads to `Game Over’ jury verdict for Facebook/Oculus

Hours after a Dallas jury returned its $500 million verdict for ZeniMax over claims that Facebook and Oculus unfairly used its virtual reality coding, the creator of that code, John Carmack, took to social media to continue his defense. Carmack, … Continue reading

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NFL lessons for the C-Suite on succession planning, Exhibit 1: Tony Romo

Dallas Cowboys owner Jerry Jones has himself in an ideal succession situation. He waited to draft the perfect candidate – Dak Prescott. He and can now let potential future star quarterback Prescott learn while aging star Tony Romo still has the ball. Boards and C-Suite folks should think like Jones: Keep your stars in place, but keep an eye on the future of the company. Continue reading

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Your Employment Agreement is Nothing Like a Mortgage Document

Another report on employment contracts is discouraging but not surprising. A survey of 1,000 people in the U.K. showed that more than 90 percent didn’t read their employment contracts – despite the fact that the terms can haunt them for … Continue reading

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