Delaware Business Court Insider | Commentary
By Timothy R. Dudderar and Daniyal M. Iqbal | December 6, 2017
In a case involving allegations of unusually egregious conduct by directors of a Delaware corporation, the Delaware Court of Chancery in Kandell v. Niv, C.A. No. 11812-VCG (Del. Ch. Sept. 29) (Glasscock, V.C.) found that directors of FXCM, Inc. faced a substantial likelihood of liability for demand futility purposes on a claim alleging that they knowingly allowed FXCM to engage in an illegal business practice, despite the lack of allegations suggesting that the directors were ever explicitly notified that the practice was illegal.
By Sue Reisinger | December 5, 2017
The revised code comes at a time when the bank is still reeling from a series of damning scandals that have damaged its credibility with both the U.S. government and the general public.
Delaware Business Court Insider | News
By Tom McParland | December 5, 2017
A Delaware Court of Chancery judge said Monday that a defendant's attempt to modify a protective order so it could pursue fraud claims in Illinois should not go directly to the state Supreme Court because it had not raised a novel issue under Delaware law.
By Rhys Dipshan | December 5, 2017
At an ALM cyberSecure panel, in-house professionals at Citibank and Advaxis explain how best to ensure employee access to information while protecting a company's IP assets.
The Legal Intelligencer | Commentary
By Robert L. Hickok and Gay Parks Rainville | December 5, 2017
On Nov. 6, a three-judge panel of the U.S. Court of Appeals for the Second Circuit issued an opinion in Waggoner v. Barclays, No. 16-1912, 2017 U.S. App. LEXIS 22115 (2d Cir. Nov. 6, 2017), that—if allowed to stand—will make it significantly easier for plaintiffs to obtain class certification in actions alleging violations of Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. Section 78j(b), and Securities and Exchange Commission Rule 10b-5 (10(b) actions) against large, publicly traded companies.
By Gabrielle Orum Hernández | December 5, 2017
The new tool introduced by LexisNexis allows non-legal users to submit legal requests directly into CounselLink.
By Sue Reisinger | December 5, 2017
In an exclusive interview with Corporate Counsel, Parker talked about why he took on the Wells Fargo challenge and how he is approaching it.
Delaware Business Court Insider | News
By Tom McParland | December 1, 2017
A Delaware Court of Chancery judge on Friday dealt a major blow to Energy Transfer Equity's bid to recover a breakup fee from a failed merger with The Williams Cos. Inc., saying the pipeline company's decision to walk away from the once-promising deal wiped out most of its claims to the $1 billion payment.
Corporate Counsel | Expert Opinion
By Adam Rosenthal | December 1, 2017
In this final part of a four-part series, explore the various ways you and your outside counsel can use your company's litigation story.
Corporate Counsel | Expert Opinion
By Adam Rosenthal | November 30, 2017
An effective litigation story follows the same literary rules as any compelling story, with two notable differences. Like other stories, a litigation story has characters, setting, plot and conflict, and resolution. The critical differences is that the litigator's story must be based on actual admissible evidence, and must be legally sound and persuasive.
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