The Legal Intelligencer | Commentary
By Maxwell Briskman Stanfield | November 6, 2020
Given the whirlwind that has been 2020, businesses will want to take stock and pay extra scrutiny in their review. If you need some advice on where to start, consider the following checklist and remember one piece of advice: organization is key.
The Legal Intelligencer | Commentary
By Edward T. Kang | November 5, 2020
In June, the Pennsylvania Supreme Court granted an appeal that could radically alter existing state law on corporate liability based on the veil-piercing theory. The case, arising from a dram shop tort action, is poised to test Pennsylvania law's "strong presumption" against piercing the corporate veil.
By Frank Ready | November 4, 2020
The firm of O'Melveny launched The Boardroom, a new online content hub featuring videos, podcasts and other repositories for legal insight. But as corporate legal departments look beyond the pandemic, capturing their attention may require prognosticating the problems of the future.
Delaware Business Court Insider | Commentary
By Barry M. Klayman and Mark E. Felger | November 4, 2020
The dispute involved 140 acres of farmland near Milton, Delaware. Two siblings had acquired the property from their parents by gift and purchase. In a written co-ownership agreement, they agreed to waive any right that they may have to seek partition of the property without the prior written consent of the other.
Delaware Business Court Insider | Commentary
By Nathaniel J. Stuhlmiller, Catherine G. Dearlove and Russell C. Silberglied | November 4, 2020
The opinion also provides important guidance with respect to several other issues that arise in long-form dissolutions, and, given the unprecedented size and complexity of Altaba's dissolution, it will likely be the first of a number of opinions and orders to do so in this case.
Delaware Business Court Insider | News
By Ellen Bardash | October 29, 2020
Vice Chancellor Morgan Zurn's decision is the first to address exactly at what time of day the fifth business day ends and a plaintiff is allowed to file a complaint for failure to comply with a demand, as Section 220(c) doesn't provide those parameters.
The Legal Intelligencer | Commentary
By Ben Clapp | October 29, 2020
In September, the Market Risk Advisory Committee of the U.S. Commodity Futures Trading Commission (CFTC) issued a significant, yet perhaps under-publicized, report titled "Managing Climate Risk in the U.S. Financial System."
Delaware Business Court Insider | Commentary
By Francis G.X. Pileggi and Chauna A. Abner | October 28, 2020
Delaware courts have often thwarted plaintiffs' pursuit of both a claim for breach of contract and a claim for breach of fiduciary duty when those claims arose out of the same facts.
Delaware Business Court Insider | News
By Ellen Bardash | October 26, 2020
Delaware Attorney General Kathy Jennings said laundered funds were used to commit crimes including tax fraud by Paul Manafort and Rick Gates, neither of whom cooperated with or responded to the DOJ's effort to dissolve the six entities, which included four LLCs.
The Legal Intelligencer | Commentary
By Carolyn H. Kendall and Daniel F. Thornton | October 25, 2020
Recognizing that corporate whistleblowers play an important societal role in publicizing potential wrongdoing, our state and federal governments have taken strong measures to encourage conscientious employees to come forward without fear of retaliation.
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