By Tom McParland | May 30, 2019
The lawsuit, filed in Delaware Chancery Court, came just weeks after Houston-based Occidental outbid Chevron Corp. for the right to buy Anadarko for $57 billion in a merger of two Texas oil-and-gas exploration giants.
New York Law Journal | Analysis
By Maria I. Beltrani and Isaac D. Senior | May 30, 2019
A review of the recent decision by the Court of Appeals in '159 MP Corp. v. Redbridge Bedford LLC' and its impact.
Delaware Business Court Insider | News
By Tom McParland | May 29, 2019
Vice Chancellor Kathaleen S. McCormick ruled Wednesday on a motion to dismiss that investors Robert and Monica Breslow were largely unsuccessful in an alleged effort to seize control of the firm through a board designee, and thus owed no duties CTT, a Delaware limited liability company.
By Max Mitchell | May 28, 2019
New York Supreme Court Justice Gerald Lebovits on Monday ruled that the plaintiff should be able to introduce new evidence during the punitive damages phase.
By Tom McParland | May 22, 2019
The ruling rejected IKB International S.A.'s bid to revive the breach-of-contract suit, which accused Wilmington Trust of standing "idly by" while other participants in the trusts drained them of their value.
Delaware Business Court Insider | News
By Tom McParland | May 22, 2019
The ruling rejected IKB International S.A.'s bid to revive the breach-of-contract suit, which accused Wilmington Trust of standing "idly by" while other participants in the trusts drained them of their value.
Delaware Business Court Insider | News
By Tom McParland | May 21, 2019
The Delaware Court of Chancery denied Computer Sciences Corp.'s bid to recoup about $18 million it had paid for an executive to defend against criminal investigations into an alleged bribery scheme stemming from the company's purchase of ServiceMesh Inc. in 2013.
By Kevin F. Meade | May 17, 2019
The ultimate “success” of litigation should be evaluated in light of the company's business aims and objectives. Outside counsel can play an invaluable role in helping the company obtain those aims and objectives, but two things are essential for that to occur—(1) early and frank communication between the company and its outside counsel, and (2) an objective and thorough early case assessment as to the risks and probable outcomes of litigation.
The Legal Intelligencer | Commentary
By Edward T. Kang | May 16, 2019
What happens when a dispute is between or among directors of the same company? Can the company use the attorney-client privilege to shield corporate materials, including any attorney-client privileged materials against a director?
By Charles Toutant | May 15, 2019
R.A. Feuer, who threatened to bring a shareholder derivative action against the company, sought records related to its 2015 acquisition of Cubist Pharmaceuticals for $9.5 billion.
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