Delaware Business Court Insider | Commentary
By Nathaniel J. Stuhlmiller | February 14, 2024
In Grabski v. Andreessen, the Delaware Court of Chancery declined to dismiss fiduciary claims against officers and directors of Coinbase Global, Inc. who sold shares in a going-public transaction.
By Greg Andrews | February 12, 2024
A company spokesperson said Craig Morford is still the legal chief and hasn't retired, even though on Saturday he turned 65, the age that forced his two immediate predecessors into retirement.
Corporate Counsel | Expert Opinion
By Steve Williams | February 12, 2024
Spin-offs are an attractive option for a public company looking to rationalize its portfolio and unlock shareholder value. At the same time, they are monster transactions that play out over a long timeline, all under strict tax rules that impact every step of the process. This article addresses what every GC should know when their Board starts talking about a spin-off.
Corporate Counsel | Expert Opinion
By Michael W. Peregrine | February 9, 2024
Major board take-aways from this year's Survey include (i) indications of a decline in the CLO's leadership - level role and influence, and (ii) increasing pressures on legal departments "to do more with less." Both are particularly relevant to the board's oversight responsibility – and of concern to the CLO.
Delaware Business Court Insider
By Greg Andrews | February 9, 2024
Boards of directors will need to take a closer look at which directors are truly independent and ensure they negotiate pay packages, not just acquiesce.
By Greg Andrews | February 9, 2024
Boards of directors will need to take a closer look at which directors are truly independent and ensure they negotiate pay packages, not just acquiesce.
By Ellen Bardash | February 8, 2024
Latham & Watkins lawyers secured the dismissal of claims brought by an institutional shareholder.
By Greg Andrews | February 8, 2024
"Boards should understand that even if climate change and environmental stewardship ranks low on their list of priorities for 2024, that may not be the case for their shareholders," the EY Center for Board Matters said in a new report.
Delaware Business Court Insider | Commentary
By Albert H. Manwaring IV | February 7, 2024
In the court's recent decision, Icahn Partners v. Francis deSouza, the plaintiff Icahn stockholders sought to use privileged and confidential information shared with them by their designated director in a complaint, asserting direct and derivative fiduciary claims against other directors.
By Chris O'Malley | February 5, 2024
"Academic excellence and academic freedom lie at the heart of Harvard's essential mission of teaching, learning and scholarship," Kenneth Frazier said in a statement.
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