Daily Business Review | Commentary
By Marc Solomon | October 24, 2018
Owners continually strive to grow the value of their businesses. It is critically important that the monetary value created in your business is preserved, in the event of your unexpected death or if you suffer a permanent disability.
By Tom McParland | October 23, 2018
Explaining his decision to reincorporate his business in Nevada, TransPerfect co-founder and CEO Philip R. Shawe returned to Delaware last week to deliver a parting shot to the state's legal establishment, saying the Delaware Court of Chancery was too quick to order the profitable translation software company to the auction block.
The Legal Intelligencer | Commentary
By Edward Waddington and Taylor B. Rosanova | October 22, 2018
As a practicing forensic accountant, I have performed more financial damage analyses than I can remember. I am periodically reminded of this fact when I review and purge files in storage. Invariably, I come across a file (or two) of which I have no immediate recollection.
By Tom McParland | October 17, 2018
TransPerfect confirmed the move as Philip Shawe, the software company CEO, was set to attend an event billed as a "deep dive into a notorious Delaware court case," according to the Wilmington History Society. His company will likely never litigate again in the First State.
The Legal Intelligencer | Commentary
By Patricia E. Farrell and Maxwell Briskman Stanfield | October 17, 2018
Serving as a board member on a board of directors for a nonprofit organization can provide a chance to give back to a community or institution in a rewarding and impactful way.
Delaware Business Court Insider | Commentary
By Lewis H. Lazarus | October 17, 2018
In 2014, the Delaware Supreme Court in 'Kahn v. MFW' held that the business judgment standard could apply to review of a controlling stockholder merger if at the outset the controlling stockholder conditioned the squeeze-out transaction on negotiation and approval by a committee of independent and disinterested directors and the informed, uncoerced approval of a majority of the minority stockholders (dual stage approvals).
New York Law Journal | Analysis
By Thomas J. Hall and Judith A. Archer | October 16, 2018
In this Commercial Division Update, Thomas J. Hall and Judith A. Archer write: '1545 Ocean Ave.' and its progeny have clarified the requirements for satisfying the “not reasonably practicable” standard of §702. While prior case law had typically avoided analysis of the meaning of this standard, the Commercial Division now applies consistent criteria to applications for judicial dissolution of LLCs, providing greater certainty to members who seek dissolution.
New York Law Journal | Analysis
By Patrick G. Rideout and Giyoung Song | October 15, 2018
New York's Commercial Division recently initiated changes that continue its focus on utilizing efficiency, innovation and agility to attract high-stakes complex commercial cases.
New York Law Journal | Analysis
By Julia Lu and David Daniels | October 12, 2018
Bankruptcy Judge Michael Wiles' decision in 'In re Westinghouse Electric Co.', 588 B.R. 347 (Bankr. S.D.N.Y. 2018), rejected a contention that two parties had reached a binding agreement to trade and offers valuable lessons for parties who wish to avoid a similar fate.
Delaware Business Court Insider | News
By Tom McParland | October 11, 2018
A dispute over a cross-licensing agreement between two major electronics manufacturers has spilled over into the Delaware Court of Chancery, with Sanyo Electronic Co. accusing Intel Corp. of improperly claiming the rights to its intellectual property.
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