Author Archives: Sara Merken

Photo by Chris Ratcliffe/Bloomberg

General Counsel See Pay Increases Amid Shifting Role

General Counsel See Pay Increases Amid Shifting Role

By Sara Merken, Bloomberg BNA General counsel at U.S. public companies are being paid more to reflect their increasing involvement in strategic decision-making, with the highest pay increases at companies with revenues of between $1 billion to $5 billion, a new report found. The top legal officers at such companies received an 8.1 percent pay raise in fiscal

A pedestrian carrying an umbrella passes a U.S. flag on Wall Street in front of the exterior of the New York Stock Exchange (NYSE) in New York, U.S. Photographer: Scott Eells/Bloomberg

U.S. Deal Value Plunges in Third Quarter

By Sara Merken, Bloomberg BNA Aggregate deal value involving U.S. targets fell significantly in the third quarter, depressed by political uncertainty in the nation and elsewhere. Announced and proposed transactions by U.S. and foreign acquirers to buy U.S. companies fell 45 percent to a little over $300 billion in the third quarter, compared to just

Photo by Luke Sharrett / Bloomberg

SEC Considering Harvey Relief as Companies Detail Storm’s Impact

By Sara Merken, Bloomberg BNA  The Securities and Exchange Commission said Aug. 30 that it is evaluating the possibility of granting relief from filing deadlines and other regulatory requirements for companies impacted by tropical storm Harvey. “Agency officials have been and will remain in close communication with market participants and key market infrastructure providers, as

Photographer: Scott Eells/Bloomberg

Wells Fargo Scandal Helps Consumer Advocates in CFPB Rule Fight

By Sara Merken, Bloomberg BNA Wells Fargo’s latest scandal is providing consumer groups new ammunition as they try to save a Consumer Financial Protection Bureau rule banning companies from using mandatory arbitration clauses. Disclosures last month that the bank may have billed as many as 500,000 customers for unneeded auto insurance is just the latest

Peter Smith, chief executive officer of Blockchain Ltd., gestures as he speaks during the Noah technology conference in Berlin, Germany, on Thursday, June 22, 2017. Photographer: Krisztian Bocsi/Bloomberg

Delaware Blockchain Move Drawing in Private Companies, Law Firms

By Sara Merken, Bloomberg BNA Delaware earlier this month became the first state in the nation to allow companies to use blockchain technology to issue and track stocks. Private companies, and law firms, are lining up. Legislative amendments became effective in August that will allow the more than 1 million public and private entities incorporated

U.S. President Donald Trump speaks during a joint press conference with Saad Hariri, Lebanon's prime minister, not pictured, in the Rose Garden of the White House in Washington, D.C., U.S., on Tuesday, July 25, 2017. Photographer: Zach Gibson/Bloomberg

Trump’s Harvard Law School: George Mason University

By Sara Merken, Bloomberg BNA Securities and Exchange Commission nominee Hester Peirce is just the latest George Mason University affiliate to fill a key regulatory position in the Trump administration. Trump has selected six top officials from the suburban Virginia’s law school renamed last year in honor of the conservative Supreme Court Justice Antonin Scalia