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Delaware Business Court Insider
By Molly DiBianca | February 21, 2024
In Cantor Fitzgerald v. Ainslie, the Delaware Supreme Court upheld the validity of a post-employment restriction in a limited partnership agreement. The decision overturned the ruling of the Delaware Court of Chancery invalidating a forfeiture-for-competition provision, which permitted the partnership to withhold distributions to partners who voluntarily withdrew from and then competed with the partnership.
3 minute read
Delaware Business Court Insider
By Ellen Bardash | February 20, 2024
Vice Chancellor J. Travis Laster said the doctrine of entire fairness applies and TripAdvisor shareholders have adequately pleaded a claim that a conversion would affect the value of their investments.
3 minute read
By Craig R. Tractenberg | February 20, 2024
A nondisclosure agreement (NDA) can protect against misappropriation and misuse of information.
5 minute read
Delaware Business Court Insider
By Ellen Bardash | February 16, 2024
Vice Chancellor Sam Glasscock, who was sworn in for a second term in July, is expected to step down at the end of the year, closing a 25-year run, first as a master in Chancery and later as vice chancellor.
3 minute read
By Riley Brennan | February 14, 2024
This complaint was first surfaced by Law.com Radar.
4 minute read
By Ashleigh Taylor | February 14, 2024
The most salient element of the CTA for legal practitioners is the definition of the "company applicant" and the required disclosure that this individual is mandated to provide. Understanding and interpreting this definition thrusts law firms into a complex decision-making process, raising fundamental questions about their internal processes, the kind of personal information they are prepared to submit, and, most importantly, how they interact with their clients.
7 minute read
Delaware Business Court Insider
By Nathaniel J. Stuhlmiller | February 14, 2024
In Grabski v. Andreessen, the Delaware Court of Chancery declined to dismiss fiduciary claims against officers and directors of Coinbase Global, Inc. who sold shares in a going-public transaction.
6 minute read
By Avalon Zoppo | February 9, 2024
National Labor Relations Board says coffee chain manager illegally prohibited an employee from distributing pins inside store.
4 minute read
By Allison Dunn | February 9, 2024
This suit was surfaced by Law.com Radar, ALM's source for immediate alerting on just-filed cases in state and federal courts. Law.com Radar now offers state court coverage nationwide. Sign up today and be first to know about new suits in your region, practice area or client sector.
3 minute read
By Avalon Zoppo | February 7, 2024
"Imagine requiring a state sponsor of terrorism to have minimum contacts with our country before allowing our citizens to vindicate the death or injury of a loved one....," Judge Patrick Bumatay wrote on behalf of the dissenters.
4 minute read
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MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS