Delaware Business Court Insider | News
By Ellen Bardash | November 7, 2024
Vice Chancellor Paul A. Fioravanti Jr.'s opinion stated language in one section of the digital media company's charter doesn't apply to the conversion based on Delaware precedent, marking a win for attorneys at Wilson Sonsini Goodrich & Rosati and Latham & Watkins.
Delaware Business Court Insider | Commentary
By Kaan Ekiner and Mark E. Felger | November 6, 2024
Prior to initiating the Delaware Chancery Court action, Eastern Wholesale sued one of Hudson's affiliates—but not Hudson—in North Carolina. Shortly after the filing of the Chancery action, Hudson moved to dismiss or stay. And due to potential overlapping legal and factual issues, Chancellor Kathaleen St. J. McCormick entered a stay.
By Lara Flath, Ian Maddox and Gaby Colvin | October 31, 2024
Although the business judgment rule provides broad protections, it is not absolute and can be overcome when directors' actions fall outside of the bounds of acceptable corporate behavior. In her article, Lara Flath looks at recent decisions by New York courts at various stages of litigation that reviewed allegations of self-dealing or self-interest on the part of defendants.
Delaware Business Court Insider | News
By Ellen Bardash | October 30, 2024
Chief Justice Collins J. Seitz Jr. and two associate justices focused on what would give Delaware courts authority to weigh the pros and cons of corporate redomestication.
Delaware Business Court Insider
By Kaan Ekiner and Mark E. Felger | October 30, 2024
The Vice Chancellor's decision illustrates the court's discretion and, in this instance, common-sense approach to requiring a bond in the context of provisional relief.
Delaware Business Court Insider | Commentary
By Mark E. Felger and Simon E. Fraser | October 30, 2024
The court was careful to confine its ruling to precisely the foregoing, and expressed no opinion on plan releases other than nonconsensual ones. In particular, the court was careful to note, "Nothing in what we have said should be construed to call into question consensual third-party releases offered in connection with a bankruptcy reorganization plan."
By Chris O'Malley | October 29, 2024
Elise Bernlohr Maizel of Michigan State takes aim at the company's former general counsel and at its outside law firms in a new law review article.
By Ella Sherman | October 24, 2024
Legal experts say legal departments should take the lead in evaluating and communicating ESG risks as technology like gen AI becomes more prominent across industries.
By Ellen Bardash | October 23, 2024
Counsel for shareholders said Larry Ellison's plans for NetSuite post-acquisition should have been disclosed to the special committee considering the deal.
Delaware Business Court Insider | News
By Ellen Bardash | October 23, 2024
Counsel for shareholders said Larry Ellison's plans for NetSuite post-acquisition should have been disclosed to the special committee considering the deal.
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