New York Law Journal | Analysis
By Mylan Denerstein, Lee R. Crain and Gregory V. Momjian | July 4, 2023
If Gov. Kathy Hochul signs the bill, New York state and federal courts would be able to hear lawsuits against out-of-state corporations based on conduct that took place outside of New York simply because the corporation does unrelated business here.
Daily Business Review | Commentary
By Corey D. Berman | July 3, 2023
The court's majority rejected the argument that such an assertion of jurisdiction violated the company's due process rights in a case that will have ramifications for companies doing business nationwide, including in the state of Florida.
By Isha Marathe | June 28, 2023
Tech purchase cycles are getting longer at legal departments as the dependence on tech is growing, according to the 2023 Legal Technology Survey from Exterro and the Association of Corporate Counsel (ACC).
Delaware Business Court Insider | Commentary
By Cliff C. Gardner and Andrew Kinsey | June 28, 2023
In Ontario Provincial Council of Carpenters' Pension Trust Fund v. Walton, Vice Chancellor Laster mostly denied motions to dismiss claims against officers and directors of Walmart for allegedly causing Walmart to fail to comply with the Controlled Substances Act and a settlement between it and the DEA related to Walmart's handling of opioid prescriptions.
Delaware Business Court Insider
By Michael B, Gonen | June 21, 2023
The court reasoned that Delaware law permits such covenants, subject to two ifs and one but—and declined to dismiss, reasoning that the covenant at issue was valid but that plaintiffs had adequately pleaded intentional fiduciary misconduct.
By Chris O'Malley | June 21, 2023
"The world wants companies to take positions on the issues," said Rob Chesnut, a former general counsel of Airbnb. "You might want to duck it in some cases, but sometimes you can't."
Corporate Counsel | Expert Opinion
By Ninette Dodoo, Rita Xia and Emily Strickland | June 16, 2023
Continued robust enforcement of antitrust laws in the tech and digital markets, and grounding killer acquisitions were key themes during the Enforcers Roundtable.
Delaware Business Court Insider | Commentary
By K. Tyler O'Connell | June 14, 2023
Writing for the court en banc, Justice Karen L. Valihura explained why the stockholder-plaintiffs' arguments did not undermine the Court of Chancery's conclusions as to either "fair dealing" or "fair price."
Delaware Business Court Insider | Commentary
By Robert B. Greco | June 14, 2023
A recent opinion from the U.S. Bankruptcy Court for the District of Delaware, In re CII Parent, provides helpful guidance on drafting proxies and highlights potential pitfalls for the unwary, including in relation to the proxyholder's power to execute and deliver stockholder consents.
Delaware Business Court Insider | News
By Ellen Bardash | June 13, 2023
A complaint brings Caremark, Massey, Brophy and unjust enrichment claims asserting Carvana's lack of compliance with state laws has lost the company billions of dollars and opened the door for billions more in liability.
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