The trend of an enfeebled and dysfunctional legislative branch handing away its power to the executive branch did not start with President Trump, and it almost certainly won’t end with him. President Obama’s “pen and phone” approach to unilateral, executive action-driven governance was generally cheered on by Democrats on Capitol Hill during the last administration, and now Obama’s Republican successor is borrowing a page from the same playbook. With Congress hopelessly deadlocked on ‘phase four’ COVID relief negotiations (more on that below), President Trump stepped in to fill the void with a series of dramatic-seeming policy announcements over
Legal
Legal & General Group Plc (LON:LGEN) Stock Goes Ex-Dividend In Just Two Days
Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see Legal & General Group Plc (LON:LGEN) is about to trade ex-dividend in the next two days. You will need to purchase shares before the 13th of August to receive the dividend, which will be paid on the 24th of September.
Legal & General Group’s next dividend payment will be UK£0.049 per share, and in the last 12 months, the company paid a total of UK£0.18 per share. Last year’s total dividend payments show that Legal & General Group
How the World Enables China’s Legal Gamesmanship
Writing on Lawfare in May, I described how a large bloc of countries might collectively protect the rules-based order at the International Tribunal for the Law of the Sea (ITLOS). More specifically, I suggested that the official delegates of the 160-plus national governments who will convene later in 2020 for the 30th meeting of state parties to the U.N. Convention on the Law of the Sea (UNCLOS) could vote against China’s nominee for an ITLOS judgeship—who, if elected, would serve for the next nine years. I asserted that it would send a message, both individually and collectively, to China’s government:
Mr. Cooper Names Eldridge Burns Chief Legal Officer
DALLAS–(BUSINESS WIRE)–Mr. Cooper Group Inc. (NASDAQ: COOP) today announced the appointment of Eldridge Burns as Executive Vice President and Chief Legal Officer. Burns will lead the company’s legal department and serve on the executive leadership team.
“Eldridge is an accomplished attorney with a successful track record in both financial services and in the consumer industry, and we’re excited to welcome him to the Mr. Cooper Group team,” said Jay Bray, Chairman and CEO of Mr. Cooper Group. “Our legal team plays a critical role at our company, and Eldridge’s strategic mindset and executional leadership make him a