Blogger Archives: Ann Longmore

Ann Longmore

Ann is Executive Vice President of Willis' Executive Risks practice. Based in New York, she has been with the company 20 years, where she specializes in D&O, Fiduciary, and Employment Practices Liability and frequently writes for Willis' Executive Risks Alert. Before Willis she held legal positions in the Department of Labor's ERISA Enforcement Division, the New York Stock Exchange and the Bankruptcy Court in New York's Eastern District.

Grand Theft Cyber Suit: Car Theft Leads to Data Theft, Leads to Suits…

Laptop in car

A thief smashes a car window, breaks in and steals the car’s GPS system, stereo, and several tapes. Massive litigation results. Why? Continue reading →

Shareholder Proxy Firm to Unseat Target Directors Following Major Cyber Breach

This Way Out

Target’s shareholder meeting will be on June 11, and in what appears to be a first, a major shareholder proxy firm is recommending that shareholders oust 7 of 10 directors following a significant cyber breach, citing them for, “not doing … Continue reading →

Update: Proposal to Reverse Delaware Fee-Shifting Decision

payment-due-no

A legislative proposal’s been made in response to the Delaware Supreme Court’s recent decision that Delaware corporations have the ability to modify their corporate bylaws to provide that shareholders who sue them, and lose, have to pay the company’s defense … Continue reading →

Delaware Court Says Firms Can Add Fee-Shifting Provisions to Their Bylaws. Take That, Unsuccessful Litigants!

payment due (plaintiff)

In a potentially highly important decision for Delaware corporations—public, private and not for profit—the Supreme Court of Delaware recently considered the legality of a fee-shifting provision in a Delaware corporation’s bylaws. The provision would shift attorneys’ fees and costs to … Continue reading →

Note to Directors and Officers of Foreign Firms Doing Business in Russia and Crimea Today

Annexation of Crimea by the Russian Federation

Any organization doing business globally with interests in Ukraine and Russia is aware that the U.S. and European Union have imposed sanctions on certain individuals and institutions in the region, including asset freezes and travel bans. Continue reading →

SEC Uses Infographic and Deferred Prosecution Agreement to Bring Insider Traders to Justice

SEC infographic: Insider Trading in Advance of eBay’s Acquisition of GSI Commerce

Insider trading has the attention of the U.S. Securities and Exchange Commission (SEC), as their litigation record proves, but a related settlement announced last week included a couple of firsts. Continue reading →

Adapting to Climate Change: Directors & Officers Liability

ClimateChange_D&O

When the U.S. Securities & Exchange Commission told U.S. public companies in 2010 to disclose climate matters, the Commission made it clear that it was not creating new disclosure obligations, but rather clarifying existing duties as respects potentially material risks—thus … Continue reading →

NRLB Says No to “No Negativity”

angry-employee

Forbid employees from ever bad-mouthing your company? This month’s decision by the U.S. National Labor Relations Board (NRLB) means you’d better think again. Continue reading →

5 Key Themes from the SEC’s Cybersecurity Roundtable

SEC Cyber Security

On March 26th, the U.S. Securities and Exchange Commission hosted a day-long roundtable to discuss cybersecurity and the ensuing issues and challenges for the securities markets and public companies. Continue reading →

Cyber Vulnerabilities of Tech and Telecom Companies— as Reported to the SEC

Cyber abstract (blue)

It is virtually impossible to do business today without using technology and telecommunications, both directly and indirectly, in the delivery and payment of goods and services.  “Critical infrastructure” is what the federal government labeled this sector. Continue reading →

Posts by Author in Portuguese:

Seu chefe está monitorando seus e-mails de trabalho – e pode ser obrigado a agir

Monitoring Employee

Tribunais geralmente têm tratado empresas de computadores e informação, ou as comunicações armazenadas nelas, como propriedade do empregador. Foi, portanto, um pouco desconcertante ver a surpresa e angústia diante da notícia de que, uma grande universidade americana havia acessado e … Continue reading →