Corporate Counsel | Investigation|News
By Sue Reisinger | November 13, 2017
The CEO of Liberty Tax Service has landed his company in quite the corporate governance quandary.
Delaware Business Court Insider | News
By Tom McParland | November 13, 2017
The Delaware Court of Chancery on Monday dismissed a books-and-records suit against plastics supplier A. Schulman Inc., finding that the plaintiff's Levi & Korsinsky attorneys—and not their client—were the force behind the suit.
Delaware Business Court Insider | News
By Tom McParland | November 8, 2017
Attorneys from Potter Anderson & Corroon are asking a Delaware federal judge to approve a nationwide filing injunction and monetary sanctions against Philip R. Shawe and his Delaware counsel, after the TransPerfect co-founder accused the firm of making a misleading application for attorney fees in court documents.
Delaware Business Court Insider | Commentary
By Barry M. Klayman and Mark E. Felger | November 8, 2017
In a significant decision in a closely watched case, Bankruptcy Judge Laurie Selber Silverstein held in In re Millennium Lab Holdings II, Case No. 15-12284 (LSS) (Del. Bankr. Oct. 3, 2017), that the bankruptcy court had constitutional adjudicatory authority to approve the nonconsensual release of nondebtor, direct nonbankruptcy common law claims against third parties as part of a confirmation order.
The Legal Intelligencer | News
By Max Mitchell | November 7, 2017
The Pennsylvania Supreme Court has agreed to hear arguments in a case about the complex attorney-client privilege issues that can arise during derivative actions involving nonprofit corporations and special investigating committees.
Delaware Business Court Insider | News
By Tom McParland | November 7, 2017
A federal appeals court is unlikely to rule on Philip R. Shawe's constitutional challenge to the forced sale of TransPerfect Global Inc., the firm's co-founder acknowledged on Tuesday, after briefing was scheduled to wrap up next month.
Delaware Business Court Insider
By Tom McParland | November 7, 2017
The Delaware Court of Chancery on Tuesday dismissed a derivative suit filed on behalf of Erin Energy Corp., saying the company's board had successfully pushed back against alleged attempts by its controller to play all sides of a three-way transaction to acquire oil mining rights in Africa.
The American Lawyer | Analysis
By Roy Strom | November 6, 2017
The offshore legal industry largely avoided a regulatory crackdown in the wake of the Panama Papers. Will the same be true after the Paradise Papers?
Delaware Business Court Insider | News
By Tom McParland | November 3, 2017
The Delaware Court of Chancery on Thursday refused a request by Citadel Plastics Holdings to delay a fraud suit stemming from its $800 million sale to plastics supplier A. Schulman Inc. after federal prosecutors subpoenaed five defendants in a parallel criminal probe, saying it was not yet clear to what extent the two cases would overlap.
Daily Report Online | News|Update
By Greg Land | November 2, 2017
The Georgia Supreme Court has remanded a case over whether records of Northside Hospital are covered by the state's Open Records Act. The records were sought by a lawyer representing an unidentified client who argued that they are public documents because Northside's facilities are owned by the Fulton County Hospital Authority.
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