June 21, 2017 | Delaware Business Court Insider
Structural Coercion in Stockholder Vote to OK Transaction Negated Cleansing Effect Under 'Corwin'Under a Delaware Supreme Court's decision, business judgment review applies to cleanse a fiduciary challenge to a noncontrol transaction that was approved by an uncoerced, fully informed, disinterested stockholder vote.
By Albert H. Manwaring IV
6 minute read
June 21, 2017 | Delaware Business Court Insider
'TC Heartland': High Court Reverses 30 Years of Patent Venue LawIn a highly anticipated opinion that many observers expect will have a significant impact on patent litigation, the U.S. Supreme Court unanimously ruled that a domestic corporation resides only in its state of incorporation for purposes of patent venue.
By James S. Green Jr.
16 minute read
June 19, 2017 | The Legal Intelligencer
Rule 404(b) and the Pa. Supreme Court's DiscontentNo area of law may be more vexing, and more subject to dispute, than the admission or exclusion of "other acts" evidence—often mis-labeled "prior bad acts" evidence—in criminal cases. Evidence of an "act" that only conveys the actor's character is inadmissible; but evidence with a non-character purpose may be admissible, subject to a balancing test.
By Jules Epstein
6 minute read
June 15, 2017 | The Legal Intelligencer
Bankrupt Driller Not Required to Plug Abandoned WellWhen an oil and gas driller enters bankruptcy, a host of unique issues often arise, inclu ding how to close abandoned wells in a responsible manner. The United States Bankruptcy Court for the District of Delaware recently confronted this problem in the case of an energy exploration and production company liquidating through Chapter 11, as in City of Beverly Hills v. Venoco (In re Venoco) 2017 Bankr. LEXIS 1457 (Bankr. D. Del. May 31, 2017).
By Francis J. Lawall and Michael J. Custer
13 minute read
June 15, 2017 | Delaware Business Court Insider
When Do Derivative Claims "Survive" Mergers—'Massey II' Adds ClarityM&A practitioners are regularly faced with the question of whether derivative claims will survive a merger after which the plaintiff will no longer be a stockholder.
By Adam H. Offenhartz, Jefferson E. Bell and Mark H. Mixon Jr.
6 minute read
June 15, 2017 | Delaware Business Court Insider
Structural Coercion Negated Cleansing Effect Under 'Corwin'Under the Delaware Supreme Court's decision in Corwin v. KKR Financial Holdings, 125 A.3d 304 (Del. 2015), business judgment review applies to cleanse a fiduciary challenge to a noncontrol transaction that was approved by an uncoerced, fully-informed, disinterested stockholder vote.
By Albert H. Manwaring IV
6 minute read
June 14, 2017 | The Legal Intelligencer
People in the News–June 15, 2017–KLA Marketing AssociatesKimberly Rice, president/chief strategist of KLA Marketing Associates and founder of the Women in the Law Rainmaker Forum, presented a program titled "Create the Career of Your Dreams by Charting Your Own Course" to women lawyers of the Bar Association of Lehigh County.
By Carley Meiners | The Legal Intelligencer
3 minute read
June 13, 2017 | The Legal Intelligencer
Intercountry Adopted Americans in Fear of DeportationThe purpose of adoption is to act in the best interests of the child and to find a permanent, secure placement for their life. Preserving and honoring the promise of adoption is a critical family values issue. However, for an estimated 35,000 adult adoptees, because of a gap in the law, this ideal has not been fulfilled.
By Feige M. Grundman
6 minute read
June 13, 2017 | The Legal Intelligencer
The Legal Intelligencer's 2017 Distinguished LeadersMark C. Alexander Villanova University Charles Widger School of Law As the Arthur J. Kania Dean and professor of law at the Villanova University Charles…
By Carley Meiners | The Legal Intelligencer
105 minute read
June 14, 2017 | The Legal Intelligencer
2017 Lawyers on the Fast Track2017 Lawyers on the Fast Track
By Carley Meiners | The Legal Intelligencer
131 minute read