Delaware Business Court Insider | Commentary
By Cliff C. Gardner | August 23, 2023
In In re Edgio Stockholders Litigation, the Delaware Chancery Court was asked to apply the same cleansing effect to a claim for injunctive relief analyzed under Unocal, but Vice Chancellor Morgan Zurn found that Corwin was inapplicable.
By Brian Lee | August 22, 2023
A measure that would abolish the use of anonymous limited liability corporations has drawn opposition from some business groups as it awaits action from New York Gov. Kathy Hochul.
The Legal Intelligencer | Commentary
By Fotis Konstantinidis, Michael Pace and Jason Wright | August 21, 2023
This article explains the DOJ's recent emphasis on robust data analytics in anti-corruption compliance programs, outlines how data analytics can and should be used in these programs, and suggests an approach to help legal counsel and companies determine if corporate programs will pass muster with the DOJ.
Delaware Business Court Insider | Commentary
By Nathaniel J. Stuhlmiller | August 16, 2023
In Building Trades Pension Fund of Western Pennsylvania v. Desktop Metal, a stockholder plaintiff brought derivative claims against Desktop Metal, Inc., alleging that a provision of the company's rights plan, which was adopted in connection with a proposed merger transaction, impermissibly chilled the free exercise of stockholder voting with respect to the merger agreement at an upcoming stockholder meeting.
By Chris O'Malley | August 15, 2023
"The use of shareholder lawsuits in this space is a real stretch. But I expect they will keep coming," Jason Schwartz, a partner at Gibson, Dunn & Crutcher, said.
Delaware Business Court Insider | News
By Ellen Bardash | August 14, 2023
Bielli & Klauder and Gainey McKenna & Egleston filed the latest complaint in the Delaware Court of Chancery. It is expected to proceed in parallel with a case in the Western District of Washington's Seattle Division.
Delaware Business Court Insider | News
By Ellen Bardash | August 11, 2023
The decision clears the way for an $875 million deal between financial services companies BGC Partners Inc. and Cantor Fitzgerald to move forward.
By Chris O'Malley | August 10, 2023
"Target's ESG and DEI mandates align with one end of the political spectrum: the left," according to a shareholder lawsuit filed this week.
Delaware Business Court Insider
By Elizabeth S. Fenton | August 9, 2023
Delaware has a tool, and it remains underutilized: the Delaware Rapid Arbitration Act. The DRAA provides a structure for quick, streamlined and confidential arbitration.
Delaware Business Court Insider | News
By Ellen Bardash | August 8, 2023
The complaint alleges actions by Bank of America's 18 board members and six executive officers left the bank liable for $225 million in federal regulatory fines and fending off two lawsuits.
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