Delaware Business Court Insider | News
By Tom McParland | November 2, 2017
The Weinstein Co. on Wednesday argued that Harvey Weinstein was using a Delaware books-and-records suit to evade discovery rules in a private arbitration, where the disgraced film producer is pursuing wrongful termination claims against the company he helped to found.
By Marcia Coyle | November 1, 2017
In late fall 2012, Joseph Palmore, then an assistant to the U.S. solicitor general, stood at the lectern in the U.S. Supreme Court fully prepared to argue about appropriate remedies in an employee-retirement dispute not on many radars as a must-watch case. He neither expected nor prepared for an annoyed Chief Justice John Roberts Jr.
By Marcia Coyle | October 31, 2017
The Colorado man who refused to bake a wedding cake for a gay couple—a dispute now at the heart of a U.S. Supreme Court case—isn't the only party to his challenge. His company, Masterpiece Cakeshop, is also a party, and a decision in favor of the baker could have wider implications for corporations and shareholders.
Delaware Business Court Insider | News
By Tom McParland | October 31, 2017
A shareholder in Bob Evans Inc. on Tuesday filed a proposed class action accusing the company and its board of misleading investors earlier this month in order to secure support for a planned $1.5 billion merger with packaged goods company Post Holdings Inc.
Delaware Business Court Insider | News
By Tom McParland | October 30, 2017
Vice Chancellor J. Travis Laster sided with the investors, who argued a challenge to a proposed $35 million settlement between Good Technology stockholders and deal adviser J.P. Morgan Securities should play out in private.
Corporate Counsel | Commentary
By Paul Rosen and Carlton Greene | October 30, 2017
It's Friday afternoon before the New Year's holiday. A Fortune 500 CEO gets a call from her company's general counsel: “We've been hit by ransomware. We are locked out of our network and can't communicate with our customers. The hackers demanded $30,000 in Bitcoin in the next 24 hours.”
By Aritz Parra and Joshua Goodman | October 27, 2017
Spanish police arrested a former deputy Venezuelan energy minister Thursday on a U.S. warrant for alleged involvement in $1 billion bribery scheme…
Delaware Business Court Insider | News
By Tom McParland | October 27, 2017
Disgraced Hollywood producer Harvey Weinstein on Thursday sued The Weinstein Co. in the Delaware Court of Chancery, seeking to access records in order to defend against civil and criminal allegations and to possibly mount a wrongful termination case against the company he founded with his brother in 2005.
By Jenna Greene | October 26, 2017
Viacom directors who greenlighted $13 million in compensation to the company's nonagenarian chairman Sumner Redstone dodged a shareholder suit, thanks to a team from Skadden.
Delaware Business Court Insider | News
By Tom McParland | October 25, 2017
The Delaware Court of Chancery on Wednesday dismissed a derivative suit accusing the Viacom Inc. board of waste and breach of fiduciary duty for paying Sumner Redstone $13 million over the course of three years, even as the former chairman's declining health prevented him from providing valuable services to the company.
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