By Chris O'Malley | October 31, 2023
Michael Arouh said gaming software maker Gan Ltd. fired him because of his "insistence on following his legal duties and his unwillingness to bend the law for defendants."
Delaware Business Court Insider | News
By Ellen Bardash | October 27, 2023
The shareholder plaintiffs allege that SAP and its Qualtrics directors weren't upfront about Silver Lake Group proposing a purchase of either SAP's Qualtrics shares or Qualtrics entirely.
Delaware Business Court Insider | Commentary
By Sean M. Brennecke | October 25, 2023
The Delaware Court of Chancery's post-trial opinion in Gener8 v. Castanon is a helpful resource for anyone looking for a discussion of the elements of a variety of causes of action.
By Chris O'Malley | October 24, 2023
The agency unleashed a $10 million civil fine in one recent case, and went after a private company for the first time in another.
By Fabio Giallanza | October 23, 2023
With three short months left before the CTA is set to go into effect, existing reporting companies should begin making plans on assembling their reports and possibly seeking guidance from their legal advisers.
New York Law Journal | Analysis
By David E. Schwartz and Emily D. Safko | October 20, 2023
The U.S. Equal Employment Opportunity Commission has issued its Proposed Enforcement Guidance on Harassment in the Workplace, which includes comprehensive guidance on different types of harassment and associated liabilities. This article provides an overview of the proposed guidance.
New York Law Journal | Expert Opinion
By James J. Beha II | October 18, 2023
The U.S. Supreme Court is set to decide whether shareholders can sue for alleged failures to comply with Item 303's disclosure requirements. In 'Macquarie Infrastructure Corp. v. Moab Partners, L.P,' the court will decide whether private plaintiffs can import Item 303's broad, subjective disclosure requirements into a Rule 10b-5 private securities fraud claim. The court's resolution of this issue could have a significant effect on the scope of public companies' potential liability for alleged securities fraud.
Delaware Business Court Insider | Commentary
By Mackenzie M. Wrobel | October 18, 2023
The decision saved threatened claims from a motion to dismiss and is a timely reminder of the limits on integration clauses during a time when corporate and commercial litigators are seeing an uptick in matters arising from acquisitions completed during the busy deal days of 2021.
Delaware Business Court Insider | Commentary
By Christopher N. Kelly and Justin T. Hymes | October 18, 2023
In two recent post-trial decisions, the Delaware Court of Chancery found that officers of a target company had breached their fiduciary duties in connection with a sale process by acting for personal gain, rather than to maximize stockholder value, that the target boards did not sufficiently manage the officers' conflicts of interest that infected the sale process, and that the acquirors were liable for aiding and abetting certain of the sell-side fiduciary breaches.
By Jack Womack | October 18, 2023
The firm's initial response was criticised by one lawyer for omitting any statement about Palestinians killed in the conflict with Israel.
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