Delaware Business Court Insider | Commentary
By Lewis H. Lazarus | August 22, 2018
Delaware statutes enabling formation of unincorporated entities like LLCs and limited partnerships afford freedom for owners to structure business relationships as they see fit. This freedom carries with it the responsibility accurately and completely to describe the parties' rights and duties.
Corporate Counsel | Commentary
By Jen Rubin | August 21, 2018
An accused CEO should stand in the same shoes as any other employee in this regard—the difference is the involvement of the board, perhaps a heightened degree of confidentiality, and the organization's choice of investigator to represent the organization or conduct the investigation, or both.
By John Parmley | August 20, 2018
All companies are expected to keep data and documents in their databases safe and secure, but law firms, even more so because of the nature of the profession.
By Dan Packel | August 20, 2018
Law firms that can combine strong traditional investigations practices with #MeToo-era savvy are especially in demand.
Delaware Business Court Insider | News
By Tom McParland | August 17, 2018
The Delaware Court of Chancery on Friday rejected a "novel theory" to expand the state's narrow doctrine allowing some claims to be treated as both derivative and direct. The rejection comes in a decision that nixed an investor lawsuit seeking to undue the $124 million merger of Herman Miller and Design Within Reach.
Delaware Business Court Insider | Commentary
By Christopher B. Chuff, M. Duncan Grant, and Joanna J. Cline | August 15, 2018
It is well-settled Delaware law that a stockholder is deemed to be a controller when it owns more than 50 percent of the corporation's stock or it owns less than 50 percent of the corporation's stock, but nevertheless exercises actual control over the corporation or the challenged decision.
Delaware Business Court Insider | News
By Tom McParland | August 14, 2018
A federal judge found Citgo's owner acted as an “alter ego” of the Venezuelan government.
By Sue Reisinger | August 13, 2018
Catherine Razzano was formerly assistant general counsel and director at General Dynamics.
Delaware Business Court Insider | News
By Tom McParland | August 9, 2018
The lawsuit filed by Debevoise & Plimpton targets Sinclair's "belligerent and unnecessarily protracted" negotiations with regulators.
By C. Ryan Barber | August 9, 2018
U.S. labor judge confronts "unsettled" litigation-funding issue in whistleblower Christopher Garvey's case against the investment bank. Morgan Stanley contends Garvey, who was based in Hong Kong, voluntarily resigned.
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