Government Legal Department

The GEO Group Announces Senior Management Changes

Retrieved on: 
Thursday, November 30, 2023
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The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that following discussions between GEO and its Chief Executive Officer, Jose Gordo, the parties have agreed that Mr. Gordo will be departing as Chief Executive Officer and as a Board member on mutually agreeable terms and transitioning to the role of an advisor, effective December 31, 2023.

Key Points: 
  • The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that following discussions between GEO and its Chief Executive Officer, Jose Gordo, the parties have agreed that Mr. Gordo will be departing as Chief Executive Officer and as a Board member on mutually agreeable terms and transitioning to the role of an advisor, effective December 31, 2023.
  • Shayn March, Executive Vice President, Finance and Treasurer, has been appointed Acting Chief Financial Officer, effective January 1, 2024.
  • Mr. Calabrese joined the Company in 1989, retiring as its President and Chief Operating Officer at the end of 2010.
  • In 2022, Mr. Calabrese was appointed to his current position as Senior Vice President and Chief Operating Officer.

FOX CORPORATION NAMES ADAM CIONGOLI CHIEF LEGAL AND POLICY OFFICER

Retrieved on: 
Wednesday, November 8, 2023
United States Senate Subcommittee on Internal Security, Supreme court, FOX, Sustainability, Murdoch, Corporate responsibility, Georgetown University Law Center, Government, History, Policy, National Operating Committee on Standards for Athletic Equipment, Fox Corporation, Corporation, Chief sustainability officer, University, Supreme Court of the United States, WarnerMedia, Senior, Right to property, Bachelor of Arts, PLC, Government Legal Department, Private sector, Lobbying, LOS, Law, Lincoln National Corporation, Campbell, General counsel, Campbell Soup Company, Willis Group, Management

NEW YORK and LOS ANGELES, Nov. 8, 2023 /PRNewswire/ -- Lachlan Murdoch, Executive Chair and Chief Executive Officer of Fox Corporation (Nasdaq: FOXA, FOX), today announced that Adam Ciongoli has been appointed Chief Legal and Policy Officer for Fox Corporation beginning December 1.

Key Points: 
  • NEW YORK and LOS ANGELES, Nov. 8, 2023 /PRNewswire/ -- Lachlan Murdoch, Executive Chair and Chief Executive Officer of Fox Corporation (Nasdaq: FOXA, FOX), today announced that Adam Ciongoli has been appointed Chief Legal and Policy Officer for Fox Corporation beginning December 1.
  • Ciongoli, who currently serves as Executive Vice President, General Counsel and Chief Sustainability, Corporate Responsibility and Governance Officer for Campbell Soup Company, will report to Murdoch.
  • "I am pleased to welcome Adam to the FOX executive leadership team," said Murdoch.
  • Ciongoli brings nearly 30 years of legal experience in both the public and private sectors to his new role at FOX.

A Third of In-House Legal Teams Will Look to AI to Reduce Costs, Says New Survey from ACC and Everlaw

Retrieved on: 
Monday, October 23, 2023
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SAN ANTONIO, Oct. 23, 2023 /PRNewswire/ -- Everlaw, the cloud-native litigation and investigation platform, partnered with the Association of Corporate Counsel (ACC) to publish a new report today that revealed an increase in budgetary constraints, with corporate law departments prioritizing cost containment through various strategies. In the lead are bringing more matters in-house, shifting work to smaller firms, and leaning more on technology– including AI – to help scale.

Key Points: 
  • In the lead are bringing more matters in-house, shifting work to smaller firms, and leaning more on technology– including AI – to help scale.
  • The report, " The State of Collaboration in Corporate Legal Departments " was unveiled at the ACC 2023 Annual Meeting , the world's largest gathering of in-house counsel.
  • Respondents included more than 370 chief legal officers, general counsel, other in-house counsel and legal operations professionals from U.S. corporate law departments.
  • In facing budgetary constraints, in-house teams will look to cut costs in the next year:
    66% will bring work in house to reduce costs, compared to 59% in 2022.

Arizona Sonoran Announces Updated Mineral Resource Estimate for the Cactus Project

Retrieved on: 
Monday, October 16, 2023
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Stockpile resource estimates have an effective date of 1st March, 2022, Cactus resource estimates have an effective date of 29th April, 2022, Parks/Salyer resource estimates have an effective date of 19th May, 2023.

Key Points: 
  • Stockpile resource estimates have an effective date of 1st March, 2022, Cactus resource estimates have an effective date of 29th April, 2022, Parks/Salyer resource estimates have an effective date of 19th May, 2023.
  • Technical and economic parameters defining resource pit shell: mining cost US$2.43/t; G&A US$0.55/t, 10% dilution, and 44°-46° pit slope angle.
  • The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, sociopolitical, marketing, or other relevant factors.
  • The Cactus Project resource updates are based upon updated drilling data and interpretations.

Smith Names Thuy Tran Chief Risk Officer

Retrieved on: 
Monday, September 18, 2023
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HOUSTON, Sept. 18, 2023 /PRNewswire-PRWeb/ -- Smith, a leading global distributor of electronic components and semiconductors, today announces the appointment of Thuy Tran to the position of Chief Risk Officer. In this role, Thuy will oversee the company's worldwide legal, compliance, and audit functions and help identify, assess, and mitigate potential risks to its business operations and financial strategy.

Key Points: 
  • HOUSTON, Sept. 18, 2023 /PRNewswire-PRWeb/ -- Smith , a leading global distributor of electronic components and semiconductors, today announces the appointment of Thuy Tran to the position of Chief Risk Officer.
  • "I am excited to step into this new role and continue to help Smith move forward."
  • Thuy joined Smith in 2000 as Associate General Counsel and was named to her most recent position of General Counsel in 2008.
  • "For more than two decades, Thuy has helped us meet every challenge or difficulty Smith has encountered, and her diligent focus on finding a solution has allowed us to maintain Smith's safety, security, and goal of delivering the best service to our customers," said Matt Hartzell, Chief Administrative Officer at Smith.

Nasdaq, Inc. Prices $4.25 Billion and €750 Million Senior Notes Offerings

Retrieved on: 
Friday, June 23, 2023
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Each Offering is expected to close on June 28, 2022, subject to customary closing conditions.

Key Points: 
  • Each Offering is expected to close on June 28, 2022, subject to customary closing conditions.
  • Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, BofA Securities, Inc., Citigroup Global Markets Inc., and Morgan Stanley & Co. LLC are acting as joint book-running managers for the Dollar Offering.
  • The Offerings will be made pursuant to an effective shelf registration statement, previously filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”).
  • The Company disclaims any obligation to update these forward-looking statements, except as required by law.

Nasdaq, Inc. Announces Proposed Senior Notes Offerings

Retrieved on: 
Tuesday, June 20, 2023
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NEW YORK, June 20, 2023 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (the “Company”) (Nasdaq: NDAQ) today announced that it plans to offer, subject to market and other conditions, U.S. dollar-denominated senior notes (the “Dollar Offering”) and euro-denominated senior notes (the “Euro Offering” and, together with the Dollar Offering, the “Offerings”).

Key Points: 
  • NEW YORK, June 20, 2023 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (the “Company”) (Nasdaq: NDAQ) today announced that it plans to offer, subject to market and other conditions, U.S. dollar-denominated senior notes (the “Dollar Offering”) and euro-denominated senior notes (the “Euro Offering” and, together with the Dollar Offering, the “Offerings”).
  • The Offerings will be made pursuant to an effective shelf registration statement, previously filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”).
  • Forward-looking statements in this press release include, among other things, statements about the Offerings, the Company’s plans, objectives, expectations and intentions, the financial condition, results of operations and business of the Company and the proposed acquisition of Adenza.
  • The Company disclaims any obligation to update these forward-looking statements, except as required by law.

Agiloft Launches "GenO: The Rise of Legal Operations," a New Series from the Contract Insights Podinar Featuring Legal Operations Leaders from Around the World

Retrieved on: 
Tuesday, March 14, 2023
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REDWOOD CITY, Calif., March 14, 2023 /PRNewswire/ -- Agiloft, the global standard in agile contract lifecycle management (CLM), today launched the new "GenO: The Rise of Legal Operations" interview series on its must-watch Contract Insights podinar. GenO will feature in-depth conversations with legal operations leaders, General Counsel, and business leaders, who have supported the establishment of this role and benefitted from the unique talents of legal operations professionals, chronicling the central role they are playing in the revolution of law departments and the enterprise.

Key Points: 
  • REDWOOD CITY, Calif., March 14, 2023 /PRNewswire/ -- Agiloft , the global standard in agile contract lifecycle management (CLM), today launched the new "GenO: The Rise of Legal Operations" interview series on its must-watch Contract Insights podinar.
  • "Legal operations has evolved from a function into a profession in the past decade," said Eric Laughlin, CEO of Agiloft.
  • Furthermore, legal operations professionals initiate and lead programs that impact the entire corporation, not just the Legal Department.
  • Tune in to hear Prashant's interview with Mike Haven and Steve Harmon, as well as other episodes of the GenO interview series from Contract Insights here .

FTAI Aviation Ltd. Prices Its Public Offering of Preferred Shares

Retrieved on: 
Wednesday, March 8, 2023
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NEW YORK, March 08, 2023 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) (the "Company" or "FTAI") announced today that it has priced its previously announced registered underwritten public offering of 2,600,000 Fixed-Rate Reset Series D Cumulative Perpetual Redeemable Preferred Shares, liquidation preference $25.00 per share (the "Preferred Shares"), at a public offering price of $25.00 per share for gross proceeds of approximately $65 million.

Key Points: 
  • NEW YORK, March 08, 2023 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) (the "Company" or "FTAI") announced today that it has priced its previously announced registered underwritten public offering of 2,600,000 Fixed-Rate Reset Series D Cumulative Perpetual Redeemable Preferred Shares, liquidation preference $25.00 per share (the "Preferred Shares"), at a public offering price of $25.00 per share for gross proceeds of approximately $65 million.
  • The Company intends to apply to list the Preferred Shares on the Nasdaq Global Select Market under the symbol "FTAIM".
  • In connection with the offering, the Company has granted the underwriters a 30-day option to purchase up to 390,000 additional Preferred Shares to cover over-allotments, if any.
  • The Company intends to use the net proceeds from the sale of shares in this offering for general corporate purposes.

FTAI Aviation Ltd. Announces Proposed Public Offering of Preferred Shares

Retrieved on: 
Wednesday, March 8, 2023
Legal Department (Hong Kong), Aviation, Sale, Telephone, FTAI, Vesey Street, Prospectus, UBS, Madison Avenue, RBC, EDGAR, Morgan Stanley, Broadridge Financial Solutions, J. P. Morgan, Citigroup, Security (finance), The 8th Floor, Form S-3, J.P. Morgan & Co., Form, Attention, RBC Capital Markets, Government Legal Department, Incorporated, Stifel

NEW YORK, March 08, 2023 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI) (the "Company" or "FTAI") announced today its intention to offer Fixed-Rate Reset Series D Cumulative Perpetual Redeemable Preferred Shares, liquidation preference $25.00 per share (the "Preferred Shares"), in a registered underwritten public offering.

Key Points: 
  • NEW YORK, March 08, 2023 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI) (the "Company" or "FTAI") announced today its intention to offer Fixed-Rate Reset Series D Cumulative Perpetual Redeemable Preferred Shares, liquidation preference $25.00 per share (the "Preferred Shares"), in a registered underwritten public offering.
  • The Company intends to apply to list the Preferred Shares on the Nasdaq Global Select Market under the symbol "FTAIM".
  • The Company intends to use the net proceeds from the sale of the shares in this offering for general corporate purposes.
  • Morgan Stanley, Citigroup, J.P. Morgan, Stifel, RBC and UBS Investment Bank are acting as joint book-running managers for the proposed offering.