Delaware Business Court Insider | News
By Tom McParland | July 27, 2018
An investor in Facebook Inc. this week sued for access to board documents related to the company's alleged mistreatment of personal user data, which has resulted in multiple privacy scandals and contributed to a historic loss in the social network's market value.
Delaware Business Court Insider | News
By Tom McParland | July 26, 2018
The founder of Papa John's International Inc. has sued for access to board documents related to his ouster from the pizza chain, after it was reported that he used a racial slur in a company training session.
The Legal Intelligencer | Commentary
By Patricia E. Farrell and Joel Pfeffer | July 26, 2018
Attorneys tasked with managing international mergers and acquisition (M&A) deals are faced with a myriad of challenges, involving company finances, management principles, foreign regulations and cultural differences.
Delaware Business Court Insider | Commentary
By Gabriel Herrmann and Lee R. Crain | July 25, 2018
The Delaware Court of Chancery's decision in Wenske v. Blue Bell Creameries, C.A. No. 2017-0699-JRS (July 6, 2018) (Slights, V.C.), highlights an interesting practical challenge faced by parties seeking to impose oversight obligations on a manager charged with operating a business in accordance with sound industry business practices.
Delaware Business Court Insider | News
By Tom McParland | July 24, 2018
Three law firms are pressing their case for $129 million in attorney fees in a shareholder suit over Facebook Inc.'s since-abandoned plan to reform its stock structure in a way that would have given founder Mark Zuckerberg more control over the company.
Delaware Business Court Insider | News
By Tom McParland | July 24, 2018
A magistrate judge in Delaware on Monday put a derivative suit against Twitter Inc.'s board of directors on pause while the San Francisco-based social media giant defends a similar securities suit in a California federal court.
The Legal Intelligencer | Commentary
By Christopher Carusone | July 24, 2018
Abraham Lincoln once said, “Character is like a tree and reputation like a shadow. The shadow is what we think of it; the tree is the real thing.” Unfortunately, in a world where opinion often replaces fact, and one negative article or blog post can live on the internet forever, a person's reputation is not always a product of one's true character, particularly online.
Delaware Business Court Insider | News
By Tom McParland | July 23, 2018
The Delaware Court of Chancery has dismissed a shareholder challenge to Earthstone Energy Inc.'s $325 million acquisition of a Texas oil and gas firm in 2016, finding that the deal met business-judgment protections for a conflicted transaction.
The Legal Intelligencer | Commentary
By Gwenn B. Barney | July 20, 2018
The Internet of Things consists of physical items that collect information through sensors or chips and then share that information with other devices through the Internet or other networks.
The Legal Intelligencer | Commentary
By Eamon Merrigan and Jason Rubin | July 19, 2018
Who's minding the store—of information? In a law firm, decisions must be made constantly or nothing would get done. You've made countless decisions on what type of law to practice, your location and who to hire.
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