Delaware Business Court Insider | Commentary
By Barry M. Klayman and Mark E. Felger | September 2, 2020
A creditor on behalf of the company sues its controllers and advisors for looting the company, and the company files for bankruptcy, which stays the litigation and shifts the authority to pursue the claims from the creditors to a Chapter 7 trustee.
The Legal Intelligencer | Commentary
By Robert L. Hickok, Whitney R. Redding and Jay A. Dubow | September 1, 2020
Standing alone, the Halliburton II decision offers a deceivingly simple rule for lower courts to apply when deciding whether to certify a class where the plaintiffs invoke, and the defendants attempt to rebut, the fraud-on-the-market theory.
By Frank Ready | August 28, 2020
Service providers or tech vendors that concentrate strictly on legal could potentially find themselves at a bit of a disadvantage as corporate legal departments are pushed toward an increasingly multidisciplinary and collaborative approach.
By Frank Ready | August 26, 2020
Legal departments are increasingly under pressure to cut costs, starting with outside counsel. An ILTA>ON panel revealed the data points General Motors used to pare down their list of 900 preferred firms to just 19.
Delaware Business Court Insider | Commentary
By P. Clarkson Collins Jr. | August 26, 2020
The Delaware Court of Chancery's latest decision in the Manti Holdings v. Authentix Acquisition, stockholder appraisal litigation provides additional clarity about the ability of corporate constituents to modify by agreement the rights associated with the statutory appraisal remedy, 8 Del. C. Section 262.
Delaware Business Court Insider | News
By Ellen Bardash | August 25, 2020
In their complaint, shareholders alleged Oncology Supply Pharmacy Services passed itself off as a legitimate, licensed pharmacy but evaded oversight from the U.S. Food and Drug Administration and that AmerisourceBergen's directors didn't meet their duties to the corporation by missing and ignoring red flags.
By Frank Ready | August 25, 2020
An ILTA>ON panel examined the sometimes fraught relationship between legal departments, law firms and vendors, and how the attorneys involved can make for a smoother working experience.
The Legal Intelligencer | Commentary
By Geneva Campbell Brown and Stephanie Win Hu | August 25, 2020
As in-house lawyers, you can really add value by providing business-first solutions and tailoring your legal analysis to the specific possibilities and limits of the business.
Delaware Business Court Insider | News
By Ellen Bardash | August 24, 2020
Chancellor Andre Bouchard ruled that members of a special committee formed from The We Company's board of directors are entitled to discovery of privileged documents as a matter of Delaware corporate law.
By Ellen Bardash | August 24, 2020
Chancellor Andre Bouchard ruled that members of a special committee formed from The We Company's board of directors are entitled to discovery of privileged documents as a matter of Delaware corporate law.
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