Delaware Business Court Insider | Commentary
By P. Clarkson Collins Jr. | July 17, 2019
An “allegation that a transaction involves a controlling stockholder who stands on both sides is a serious one because it imposes fiduciary duties on the controlling stockholder and potentially strips directors of the deferential business judgment rule.”
By Zach Schlein | July 16, 2019
On Friday U.S. District Judge Robert Scola Jr. granted the retail giant's motion to sever the plaintiffs' claims in two separate multi-party suits in the Southern District of Florida. Plaintiffs attorney Cathleen Scott has indicated they will proceed with independent litigation for all 79 claimants.
By Tom MacDonald | July 16, 2019
Using automation to improve these three workflows will deliver quantifiable benefits and help the corporate legal team align more closely with the goals of the business.
By Amanda Groves | July 15, 2019
Legal executives may not always have a full understanding of how disruptive technology is being used in the company.
New Jersey Law Journal | Commentary
By Law Journal Editorial Board | July 14, 2019
In our view, plaintiff was trying to backdoor a derivative action. The opinion refused to expand the common law to access the documents that would not have existed but for the requester's demands.
By Edward D. (“Ed”) Burbach and Frank Pasquesi | July 10, 2019
A series of recent multi-state AG meetings highlight significant recent developments evidencing an increase in AG activity throughout the country.
The Legal Intelligencer | News
By Michael Riccardi | July 10, 2019
Plaintiffs counsel secured a December decision to invalidate a provision in certificates of incorporation that would have disallowed litigation in Delaware state courts.
Delaware Business Court Insider | Commentary
By Francis G.X. Pileggi and Chauna A. Abner | July 10, 2019
In Sider, Vice Chancellor Kathaleen McCormick rejected the request for interlocutory review, reasoning that the defendant could not establish one of the elements of the interlocutory appeal standard: “that there is no just reason for denying the appeal.”
Delaware Business Court Insider | Commentary
By Julie B. Palley | July 10, 2019
The entire fairness standard requires directors to demonstrate that both the amount of compensation and the process by which the compensation is determined is “entirely fair” to the company.
Delaware Business Court Insider | News
By Michael Riccardi | July 9, 2019
Plaintiffs counsel secured a December decision to invalidate a provision in certificates of incorporation that would have disallowed litigation in Delaware state courts.
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