Delaware Business Court Insider | News
By Tom McParland | March 29, 2018
The Delaware Court of Chancery on Wednesday allowed an investor lawsuit against Elon Musk and Tesla Motors Inc. to proceed, finding there is reason to believe Musk controlled the Tesla board when the company paid $2.6 billion to acquire a debt-saddled firm that he helped to found.
Corporate Counsel | Expert Opinion
By Edward McNicholas and Yuet Ming Tham | March 29, 2018
Every day seems to bring another regulatory presence in cybersecurity, from the New York Department of Financial Services (NYDFS) to the EU's General Data Protection Regulation (GDPR).
Daily Business Review | Commentary
By Samuel Lewis | March 28, 2018
After years of protracted litigation, including two jury trials and two appeals, Google and Oracle are now destined for yet another trial arising from Google's alleged unauthorized use of 37 of Oracle's Java application programming interfaces (APIs) in the Android smartphone operating system.
Corporate Counsel | Expert Opinion
By Julie Rodriguez Aldort and David Winters | March 28, 2018
Try as you might, some of your business deals invariably turn sour. No one likes to think about future disputes when you are entering into a deal, but it is worthwhile to take some time to think about how disputes will be resolved before a dispute arises.
Delaware Business Court Insider | Commentary
By Kate A. Mahoney and Christopher B. Chuff | March 28, 2018
In a recent decision by the Delaware Supreme Court, Appel v. Berkman, the court held that a board's failure to include information about the chairman of the board's reasons for abstaining on the vote rendered the proxy statement materially misleading.
Delaware Business Court Insider | News
By Tom McParland | March 27, 2018
New Enterprise Associates Inc. cannot escape a shareholder lawsuit accusing the venture capital giant of exploiting its control of a medical device company in order to secure other deals for its own benefit, the Delaware Court of Chancery has ruled.
The Legal Intelligencer | Commentary
By Donna M. Doblick | March 27, 2018
Many situations arise that may necessitate a company terminating one, some, or all of the companies that distribute its products to end-users.
By Tom McParland | March 26, 2018
A shareholder's letter requesting that Intercept Pharmaceuticals Inc. take “all necessary action” to address its allegedly excessive director-compensation policy qualified as a presuit litigation demand that opened the door for business judgment rule protections to be invoked, a Manhattan judge ruled last week.
The Legal Intelligencer | Commentary
By Craig R. Tractenberg | March 26, 2018
It is a win-win when the franchisor suggests or require that a franchisee have a succession plan.
Corporate Counsel | Expert Opinion
By Hugh A. Simons | March 26, 2018
Given lawyers' predilection for precedent, the probability of a corporation outsourcing to an ALSP depends on the number of corporations who've already done so.
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