Delaware Business Court Insider | Commentary
By Sean M. Brennecke | April 19, 2023
In In re Dissolution of T&S Hardwoods KD, Vice Chancellor Morgan T. Zurn provided helpful guidance on what must be alleged to satisfy that test for purposes of overcoming a motion to dismiss.
Delaware Business Court Insider | Commentary
By Elizabeth A. Sloan | April 19, 2023
In the 120-page opinion for In re Mindbody, Chancellor Kathaleen McCormick throws shade on Corwin, finding Mindbody's sales process run by Richard Stollmeyer—founder and then-CEO—was not cleansed by Corwin and holding him and Mindbody's private equity acquirer, Vista Equity Partners, liable.
The Legal Intelligencer | Commentary
By Christopher D. Carusone | April 18, 2023
The obvious starting point for representing many licensed professionals is the enabling legislation. These acts—such as the Medical Practice Act and Architects Licensure Law, for example—typically set forth the powers and duties of the governing board, the requirements for licensure, the prohibition against unlicensed activity, procedures for the handling of impaired professionals, and the grounds for the refusal, revocation or suspension of a license.
By Trudy Knockless | April 17, 2023
"My goal is to get all those subject matter experts—our packaging, our sustainability engineers, every single person within our company—to be a subject matter expert on how we can reduce that footprint," said Kelly Crosier, deputy general counsel of TreeHouse Foods.
By Chris O'Malley | April 14, 2023
Amazon general counsel David Zapolsky received total compensation of $18.2 million in 2022, returning him to the ranks of the nation's highest-paid legal chiefs.
Delaware Business Court Insider | News
By Ellen Bardash | April 13, 2023
The decision provides guidance on the timeliness of claims seeking to hold management accountable for not putting in place adequate central compliance risk reporting systems.
By Chris O'Malley | April 12, 2023
Activists concerned about China's human rights violations and other behavior hope to spur change, and perhaps cause corporate titans to squirm, by pushing shareholder proposals at the companies' annual meetings.
Delaware Business Court Insider | Commentary
By Lawrence J. Kotler | April 12, 2023
In a recent decision in the case of SC SJ Holdings v. Pillsbury Winthrop Shaw Pittman (In re SC SJ Holdings), Civil Action No., 22-00689 (MN), the U.S. District Court for the District of Delaware (the court) affirmed a May 12, 2012, decision of the U.S. Bankruptcy Court for the District of Delaware (the Bankruptcy Court) denying the debtors' motion for relief from certain releases contained in their confirmed plan (the plan).
Delaware Business Court Insider | Commentary
By Lewis H. Lazarus | April 12, 2023
In Hyde Park Venture Partners Fund III v. Fairxchange, the Delaware Court of Chancery reaffirmed the joint client concept of corporate privilege and held that the company could not assert privilege against a former director or his designating investor except as to a books and records demand in which the company and the director were contemporaneously adverse.
Delaware Business Court Insider | News
By Ellen Bardash | April 10, 2023
The report enumerates FTX's internal shortcomings identified in the past five months, from sloppy accounting to leaving hundreds of millions of dollars in easily accessible storage.
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