Wake Up Call: Disney Locks Down Extended Deal with GC

• Don’t expect the general counsel of Disney to leave the company anytime soon. At least not by the signs of his company’s SEC filings. Alan Braverman just got his contract with Disney extended through July 2019, according to the SEC filings reported by The Hollywood Reporter. Braverman was on the Big Law Business list of top 30 highly compensated general counsel, earning $11.1 million in total compensation. (THR)

• Husch Blackwell’s Maurice Watson will step down as chair of the firm in February 2018. The firm has announced the leadership will be split between Paul Eberly as CEO and Gregory Smith as chair. (Am Law Daily)

• General Motors Co. was accused of secretly plotting to derail a $15 million settlement between the company’s bankruptcy trust and thousands of plaintiffs that would have forced it to contribute $1 billion in stock. In a letter filed Thursday in U.S. Bankruptcy Court in Manhattan, lawyers for the plaintiffs said GM conspired with the trust to block the accord after previously accusing the trust and the plaintiffs of similar behavior in reaching the deal last week. (Bloomberg News via BLB)

• The government review of AT&T’s $85 billion takeover of Time Warner has reached an advanced stage, sources told The Wall Street Journal. At this point, AT&T lawyers are talking merger conditions with the Justice Department, sources said. (WSJ)

• The American Bar Association is launching a new website in the hopes of becoming the authoritative source on legal facts in the news. The site, ABALegalFactCheck.com, aims to be a source for journalists and the general public whenever misrepresentations about existing laws are made in the public discourse. (BLB)

• Mylan NV and the U.S. Justice Department finalized a $465 million settlement to resolve claims that the drugmaker defrauded taxpayers by misclassifying its allergy-shot EpiPen product as a generic drug. (Bloomberg News via BLB)

• Nicholas Kourides, deputy general counsel at American International Group Inc., has joined DLA Piper in New York as senior counsel. Kourides, who is also a professor at Columbia School of Law, will advise DLA’s clients on regulatory and financial aspects of the insurance industry. (BLB)

• A podcast with former federal judge Shira A. Scheindlin on gender imbalance in Big Law. (BLB)

Compiled by Casey Sullivan and edited by Gabe Friedman.

 

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