By Joshua Goodman, Associated Press | March 9, 2018
A trust linked to Venezuela's state oil company PDVSA has filed a lawsuit against major international energy trading firms for their alleged role funneling bribes to corrupt company officials in exchange for rigged oil purchase contracts.
By Jenna Greene | March 9, 2018
One, they say, is the loneliest number. It's even lonelier when you're facing treble damages topping $1.7 billion.
By Kristen Rasmussen | March 7, 2018
Health insurer Cigna has announced plans to buy pharmacy benefit manager Express Scripts Holding Co. for $52 billion, the latest tie-up in the health care industry that could be challenged by both the U.S. Department of Justice and Federal Trade Commission, the two agencies charged with antitrust enforcement.
The Legal Intelligencer | Commentary
By Carl W. Hittinger and Tyson Y. Herrold | March 2, 2018
When the Supreme Court scrapped Conley v. Gibson's “no set of facts” federal pleading standard in Twombly (2007) and Iqbal (2009), courts initially struggled to apply the inherently ambiguous “plausibility” standard. In the immediate aftermath, some courts frankly misconstrued Twombly and Iqbal to invite a Daubert-style “gate keeper” appraisal of complaints in which judges could (and should) prune claims that, based on their own personal experience with the subject matter at issue, appeared dubious.
By Sue Reisinger | February 28, 2018
It looks as though general counsel and legal departments may be a little more willing to litigate over blocked mergers than they have been in the past.
Delaware Business Court Insider | News
By Tom McParland | February 26, 2018
The Delaware Court of Chancery on Feb. 23 said AOL Inc.'s $4.4 billion sale to Verizon Communications Inc. overvalued the once-powerful media technology company by more than $1.30 per share, in another blow to holdout shareholders looking to exercise their appraisal rights in Delaware.
By The Associated Press | February 26, 2018
UPS says its proposed acquisition of TNT would have helped consumersand that the company remains "bullish on Europe," which accounts for half of UPS' international revenue.
By Scott Graham | February 26, 2018
Jamie Underwood is the second addition to Latham's ITC practice in the last six months.
By Josefa Velasquez | February 22, 2018
An indenture trustee for a Hellas Telecommunication noteholders seeking roughly $565 million over defaulted bonds can bring lawsuits against two private equity firms accused of fraudulently transferring the proceeds from the indenture, New York's highest court has ruled.
By C. Ryan Barber | February 20, 2018
“[AT&T and Time Warner] have fallen far short of establishing that this enforcement action was selective—that is, that there 'exist persons similarly situated who have not been prosecuted,'” U.S. District Senior Judge Richard Leon said in a ruling Tuesday.
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