Connecticut Law Tribune | News
By Amaris Elliott-Engel | December 8, 2017
Connecticut is aiming to compete with Delaware and other large commercial jurisdictions as recent reforms have been made to state laws governing corporations and limited liability companies.
The American Lawyer | Analysis|News
By Roy Strom | December 7, 2017
A deal to outsource a portion of DXC Technology Co.'s legal department to UnitedLex Corp. may have long-term effects for law firms.
By E. Leigh Dance | December 7, 2017
This GLOBAL IN-HOUSE column, the second in a three-part series exploring how in-house leaders can bring change and disruption, focuses on practical tips to manage change in your legal function through strategy.
By Samantha Joseph | December 7, 2017
“It's one of those where near-misses don't count,” appellate lawyer John Pelzer said of statute of limitations deadline.
Delaware Business Court Insider | Commentary
By Barry M. Klayman and Mark E. Felger | December 6, 2017
What should be the standard of review when the Court of Chancery considers an appeal from a receiver's disallowance of a claim pursuant to section 296(b) of the Delaware General Corporation Law? In B.E. Capital Management Fund LP v. Fund.com Inc., C.A. No. 12843-VCL (Del. Ch. Oct. 4, 2017), Vice Chancellor Laster held that a receiver's determination is subject to de novo review and the court has discretion to go beyond the record presented to the receiver by conducting an evidentiary hearing.
Delaware Business Court Insider | Commentary
By Timothy R. Dudderar and Daniyal M. Iqbal | December 6, 2017
In a case involving allegations of unusually egregious conduct by directors of a Delaware corporation, the Delaware Court of Chancery in Kandell v. Niv, C.A. No. 11812-VCG (Del. Ch. Sept. 29) (Glasscock, V.C.) found that directors of FXCM, Inc. faced a substantial likelihood of liability for demand futility purposes on a claim alleging that they knowingly allowed FXCM to engage in an illegal business practice, despite the lack of allegations suggesting that the directors were ever explicitly notified that the practice was illegal.
The Legal Intelligencer | Commentary
By Robert L. Hickok and Gay Parks Rainville | December 5, 2017
On Nov. 6, a three-judge panel of the U.S. Court of Appeals for the Second Circuit issued an opinion in Waggoner v. Barclays, No. 16-1912, 2017 U.S. App. LEXIS 22115 (2d Cir. Nov. 6, 2017), that—if allowed to stand—will make it significantly easier for plaintiffs to obtain class certification in actions alleging violations of Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. Section 78j(b), and Securities and Exchange Commission Rule 10b-5 (10(b) actions) against large, publicly traded companies.
Daily Business Review | News|Profile
By Lidia Dinkova | December 1, 2017
Raymond has represented clients ranging from high-profile corporations like Carnival Cruise Line to individuals like the New York nun whose money he recovered after she lost it because of a broker's poor investment decisions.
Delaware Business Court Insider | Commentary
By John A. Neuwirth, Joshua S. Amsel, Christine T. Di Guglielmo and Evert J. Christensen Jr. | November 29, 2017
Since 'Trulia', there has been a decline in Delaware in the number of run-of-the-mill challenges to nearly every public company merger transaction. But while the volume of merger litigation in Delaware has been on the decline, there has been a noticeable surge in filings in other jurisdictions, particularly federal courts.
By Roy Strom | November 28, 2017
The global legal giant is now among a throng of law firms offering free legal documents for startups, joining a broader trend of using document automation tools to attract clients.
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