New York Law Journal | Analysis
By Robert A. Schwinger | November 20, 2018
In his Blockchain Law column, Robert A. Schwinger writes: As commercial activity increasingly intertwines with applications of blockchain technology with participants around the world, courts have had to grapple with the personal jurisdiction implications of such arrangements. Will participants in these blockchain applications based outside the United States find themselves subject to U.S. jurisdiction when disputes arise, based on how they have conducted their activities?
Delaware Business Court Insider | News
By Tom McParland | November 20, 2018
Plaintiffs argue in a Chancery Court filing made public Monday that deep conflicts exposed the Facebook directors to serious liability for their role in allegedly hiding from users, investors—and the U.S. Congress—Facebook's practice of sharing private data with outside parties.
By Jenna Greene | November 16, 2018
More than big money was at stake. James Hurst, Patricia Carson and Diana Watral were determined to protect the "stellar reputations" of their clients, who were accused of being spies and cheats.
Delaware Business Court Insider | News
By Tom McParland | November 15, 2018
Chancellor Andre G. Bouchard said that while Richardson Electronics' board did mislead plaintiff Steven H. Busch in the run-up to the litigation, it was unclear whether Busch had actually relied on those representations in deciding whether to make a demand that the directors consider pursuing their own litigation.
By Amanda Bronstad | November 14, 2018
Litigation over banks' pricing of currency trades involved several hundred attorneys working over the course of five years, resulting in what the plaintiffs claim is the third largest antitrust class action settlement in history.
Delaware Business Court Insider | Commentary
By P. Clarkson Collins Jr. | November 14, 2018
The Delaware Supreme Court's two recent decisions in Dell and DFC strongly endorsed the application of market efficiency principles in appraisal actions, and gave virtually controlling weight to the deal price as the “best evidence” of a company's fair value where a robust sales process was conducted against the backdrop of a well-functioning market for the target's stock.
Daily Business Review | Commentary
By Kelly A. Schulz | November 13, 2018
It seems axiomatic that one must plan ahead when entering into a business contract, but too often contracting parties overlook the basics which could become the focus of a future contract dispute.
The Legal Intelligencer | Commentary
By Pauline Markey | November 12, 2018
The 2017 Tax Cuts and Jobs Act added a new tax provision to the Internal Revenue Code, Section 1400Z-2, which aims to provide big capital gains tax breaks to real estate and business investors who make investments in certain economically underdeveloped areas.
By Laura A. Colca and Ryan W. McNagny | November 9, 2018
In a recent decision, the Delaware Court of Chancery reaffirmed the policy of Delaware and many other states, including New York, of enforcing broad contractual waivers of fiduciary duties and demonstrated the importance of carefully negotiating contractual rights and obligations when forming or investing in a limited liability company.
Delaware Business Court Insider | News
By Tom McParland | November 5, 2018
A shareholder of Sonic Corp. has sued in Delaware federal court to halt the drive-in fast food company's $2.3 billion bid to take the company private, alleging that the board withheld key financial data about the deal.
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