By Dan Roe | July 22, 2021
Former White & Case attorneys Colleen Grady and Lauren Hunt launched the firm this spring with a focus on business transactions and real estate.
New Jersey Law Journal | Analysis
By Mark J. Oberstaedt and Amy E. Pearl | July 22, 2021
A recent appellate decision clarifies the point at which members—either existing or subsequent—may be bound by an operating agreement. But it leaves unresolved the question of how a member might consent to an operating agreement through conduct.
Daily Business Review | Commentary
By Harsh Arora | July 21, 2021
Many of our country's largest industries have made significant changes as a result of this increased awareness and outspokenness in regard to the systemic issues that underlie the failures in diversity at the leadership levels.
Delaware Business Court Insider | Commentary
By Kerri K. Mumford and Jennifer L. Cree | July 21, 2021
The U.S. Court of Appeals for the Third Circuit recently issued a precedential decision involving a matter of first impression that likely will modify how pharmaceutical and other distributors and their related entities structure their business dealings with manufacturers and others with analogous arrangements.
Delaware Business Court Insider
By P. Clarkson Collins Jr. | July 21, 2021
The contractual nature of limited liability companies and their often closely-held membership can pose significant pleading challenges, however, when a member feels aggrieved by the alleged misconduct of another LLC member or manager and must decide whether the asserted claims are derivative or direct.
The Legal Intelligencer | Commentary
By Maxwell Briskman Stanfield | July 19, 2021
The London Interbank Offered Rate (LIBOR) is not much longer for this world, with the reference rate on track to be discontinued in most of the world by the end of the year and for certain U.S. dollar (USD) transactions by 2023.
Daily Business Review | Commentary
By Derek Malmberg and Jeremy Hurwitch | July 16, 2021
Commonly referred to as "blank check" companies, SPACs raise funds through an initial public offering (IPO) and search for a "target" company to acquire, and often raise additional funding for the deal through private investment in public equity (PIPE). When that target company merges with the SPAC, it becomes a public company.
The Legal Intelligencer | Commentary
By Vanessa M. Kelly | July 13, 2021
Year 2020 was the of year of corporate promises: a year of public statements of support, a year of corporate America pledging racial and gender equity and real and sustained changes, and a year of donations to social justice causes. One year later, where are we? Are we any closer to meeting these promises or do they remain unfulfilled?
By Ellen Bardash | July 12, 2021
Questioning from both sides Monday morning boiled down to establishing context in two areas: Tesla's place in the world of solar power and Musk's role within Tesla, primarily with regard to his level of control in relation to directors.
Daily Business Review | Commentary
By Joseph P. Chase | July 12, 2021
Once a business owner has identified a prospective purchaser of his or her business, a letter of intent will typically be entered into. All too often, merger and acquisition (M&A) lawyers are engaged after sellers have signed letters of intent.
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