Welcome to The Woody Report, where Washington & Lee School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate…
The Clippers investigation shows why contracts, approvals, and carefully drafted emails cannot substitute for controls that test economic reality. In Part 3 of a five-part series, we explore why and…
The Clippers investigation demonstrates why conflict controls must follow influence, economic benefit, and interconnected transactions, not merely financial ownership. In Part 2 of this five-part series, we consider what conflicts…
Over the next five blog posts, we will consider how commercial pressure, weak controls, and leadership decisions turned a salary-cap rule into an enterprise-wide governance failure. Today in Part 1,…
Ed. Note: I was finally able to see the movie The Odyssey. To say it blew me away was an understatement. Even though it didn’t follow Homer’s work precisely or…
Ed. Note: I was finally able to see the movie The Odyssey. To say it blew me away was an understatement. Even though it didn’t follow Homer’s work precisely or…
Ed. Note: I was finally able to see the movie The Odyssey. To say it blew me away was an understatement. Even though it didn’t follow Homer’s work precisely or…
Ed. Note: I was finally able to see the movie The Odyssey. To say it blew me away was an understatement. Even though it didn’t follow Homer’s work precisely or…
Dolly Parton died this week. Her death closed one of the most remarkable careers in American entertainment, but it did not close the institutions, ideas, and expectations she built. For…
On August 13, 2026, the Delaware Court of Chancery dismissed claims arising from the January 2024 Alaska Airlines door-plug blowout. A door plug left Boeing’s factory without four securing bolts,…
Compliance failures are usually narrated backward. Once the outcome is known, every warning appears obvious, every missed escalation looks negligent, and every decision seems to point toward the result. The…
