Ellen Bardash is ALM's reporter covering corporate litigation for Law.com and Delaware Business Court Insider. She can be contacted by emailing [email protected] or following @ellenbardash.bsky.social on Bluesky.
April 17, 2024 | Delaware Business Court Insider
JPMorgan Wins Dismissal in Chancery Case Over Zelle ComplianceChancellor Kathaleen St.J. McCormick concluded that shareholder plaintiffs failed to adequately plead that JPMorgan's directors knew of and ignored concerns about the bank's compliance with reimbursement laws.
By Ellen Bardash
3 minute read
April 17, 2024 | The Recorder
Ninth Circuit Affirms Dismissal of Securities Claims Against Gaming PlatformThe three-judge panel ruled that the shareholders hadn't provided adequate facts to support their claims that Skillz, represented by Latham & Watkins, misled them.
By Ellen Bardash
2 minute read
April 12, 2024 | Delaware Business Court Insider
'Lion of the Bankruptcy Bar': Ex-Judge Kevin Carey, Hogan Lovells Counsel, Has DiedCarey was hailed as "one of the best bankruptcy judges in the history of the profession."
By Ellen Bardash
2 minute read
April 11, 2024 | Delaware Business Court Insider
'Bent on Entrenchment'?: Shareholder Suits Claim 2 Poison Pills Are Anti-Takeover Front for BoardsThe two complaints mirror each other, with each citing the same Delaware case law and bringing two breach of fiduciary duty claims—one alleging disclosure violations and the other that board members are using the plans as a means of entrenching themselves.
By Ellen Bardash
4 minute read
April 10, 2024 | Delaware Business Court Insider
Advance Notice Bylaw Cross-Appeals Ask Supreme Court for Reframed AnalysisThe dispute over advance notice bylaws has triggered similar lawsuits from other corporations.
By Ellen Bardash
4 minute read
April 09, 2024 | Delaware Business Court Insider
Walmart Secures Dismissal of Drug Investigation Disclosure ClaimU.S. District Chief Judge Colm F. Connolly's decision is a win for the Latham & Watkins and Richards, Layton & Finger team that represented Walmart, CEO Doug McMillon and former CFO Brett Biggs.
By Ellen Bardash
2 minute read
April 08, 2024 | Delaware Business Court Insider
'Match' Opinion Stresses Delaware Courts' Focus on Investors, Scrutiny of Controlling Shareholders"The Delaware courts are going to continue to have a lot of skepticism when it comes to conflicted controller transactions," Fried, Frank, Harris, Shriver & Jacobson senior counsel Gail Weinstein said.
By Ellen Bardash
4 minute read
April 05, 2024 | National Law Journal
Massachusetts Court: 'Real Time' Clinical Trial Data Not Needed to Avoid Securities ClaimsU.S. District Judge Angel Kelley wrote that Latham & Watkins-repped Homology Medicines Inc. "had no duty to disclose data in real time."
By Ellen Bardash
2 minute read
April 04, 2024 | Delaware Business Court Insider
Supreme Court Stresses Committee Independence In Match Group DecisionThe Supreme Court said entire fairness is the standard of review in any controller-involved transaction, but business judgment can be applied when both an independent committee and a shareholder vote approve the deal.
By Ellen Bardash
4 minute read
April 04, 2024 | National Law Journal
Antitrust Filings Saw Upswing in 2023, Legal Analytics Report SaysA surge in filings in the Nashville federal court made U.S. District Judge Waverly Crenshaw Jr. the most active antitrust judge in 2023.
By Ellen Bardash
3 minute read
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