By Tal S. Benschar | April 12, 2024
New technologies create new challenges for the law. This has certainly been the case for artificial intelligence, which has generated a great deal of discussion, and some litigation, in patent and copyright law. One area that has not been explored is its impact on trade secrets. But recent events indicate that this is about to change.
Delaware Business Court Insider | News
By Ellen Bardash | April 11, 2024
The two complaints mirror each other, with each citing the same Delaware case law and bringing two breach of fiduciary duty claims—one alleging disclosure violations and the other that board members are using the plans as a means of entrenching themselves.
Delaware Business Court Insider
By Ellen Bardash | April 10, 2024
The dispute over advance notice bylaws has triggered similar lawsuits from other corporations.
By Ellen Bardash | April 10, 2024
New Brunswick, New Jersey-based AIM and plaintiff Ted Kellner have each taken issue with parts of the decision issued on Dec. 28 by Vice Chancellor Lori Will.
The Legal Intelligencer | Commentary
By Ashleigh Taylor | April 10, 2024
By thoughtfully amending operating and shareholder agreements to include both incentives and penalties for compliance, businesses can not only adhere to the letter of the law but also foster a culture of transparency and accountability.
Delaware Business Court Insider | Commentary
By Lewis H. Lazarus | April 10, 2024
As demonstrated by Harrison Metal Capital III v. Mathe, failure to assert well-pleaded allegations showing that a majority of the board is disabled from disinterestedly and independently evaluating whether to bring an action is fatal to a stockholder derivative claim.
By Adrienne Ward and Elizabeth Gonzalez-Sussman | April 9, 2024
Two recent cases address the question: "How and when that shareholder can use confidential information gained by reason of that board seat?" Authors Adrienne Ward and Elizabeth Gonzalez-Sussman, provide an overview of the cases and offer guidance for activist and institutional investors. They outline distinctly different rulings, why opposite results were reached, and how institutional investors and activists should approach placing directors on a board.
The Legal Intelligencer | Commentary
By Joshua A. Mooney | April 9, 2024
Liability under state WESCA claims turns on whether there was there an interception of a communication (and if so, where that interception took place), and whether the party whose communication was intercepted had granted consent. This article focuses on the third element—consent.
By Ellen Bardash | April 8, 2024
"The Delaware courts are going to continue to have a lot of skepticism when it comes to conflicted controller transactions," Fried, Frank, Harris, Shriver & Jacobson senior counsel Gail Weinstein said.
Delaware Business Court Insider
By Ellen Bardash | April 8, 2024
"The Delaware courts are going to continue to have a lot of skepticism when it comes to conflicted controller transactions," Fried, Frank, Harris, Shriver & Jacobson senior counsel Gail Weinstein said.
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