Delaware Business Court Insider | Commentary
By Richard L. Renck | May 1, 2019
Most readers of this publication will likely be familiar with the MFW conditions announced by the Delaware Supreme Court in 2014, and which, when present, alter the standard of review of transactions between a Delaware corporation and a controller from the traditional—and onerous—entire fairness standard of review to the application of the business judgment rule.
By Tom McParland | April 30, 2019
The strongly worded ruling from JAMS arbitrator Mark E. Segall found that Imran Siddiqui, a former managing director at Apollo, had breached a prior settlement agreement with the company and improperly recruited his associate, Ming Dang, to aid him in starting Caldera Holdings LLC.
Corporate Counsel | Expert Opinion
By Kenneth Jones | April 30, 2019
Today's legal technology landscape might best be described like as an engineer might consider a complex math equation. It's fun, expansive, intricate and overwhelming all at the same time. Certainly, it has fundamentally changed how we view risk management and altered the way most legal professionals work.
Delaware Business Court Insider | News
By Tom McParland | April 26, 2019
Vice Chancellor Morgan T. Zurn on Thursday allowed Otto Candies and other plaintiffs to file a new complaint despite their failure to comply with a court rule governing amended complaints in the case, which accuses KPMG of failing to detect a massive financial fraud by Citigroup Inc. and a KPMG client in Latin America.
By Tom McParland | April 26, 2019
Vice Chancellor Morgan T. Zurn on Thursday allowed Otto Candies and other plaintiffs to file a new complaint despite their failure to comply with a court rule governing amended complaints in the case, which accuses KPMG of failing to detect a massive financial fraud by Citigroup Inc. and a KPMG client in Latin America.
Delaware Business Court Insider | News
By Tom McParland | April 25, 2019
A Delaware Chancery Court judge Thursday allowed the former director of a Delaware health information company to pursue claims that the firm's founder had cheated him out of stock options he was promised for joining the board in 2005.
Delaware Business Court Insider | News
By Tom McParland | April 25, 2019
U.S. District Judge Maryellen Noreika granted Lord & Taylor's request to transfer the suit to the U.S. District Court for the Southern District of New York, which is home to the high-end retailer's corporate headquarters and all of its corporate records.
By Tom McParland | April 25, 2019
U.S. District Judge Maryellen Noreika granted Lord & Taylor's request to transfer the suit to the U.S. District Court for the Southern District of New York, which is home to the high-end retailer's corporate headquarters and all of its corporate records.
The Legal Intelligencer | Commentary
By Jessica L. Mazzeo | April 25, 2019
Earlier this year, it was a slap in the industry's face and a drawback to any progress thought to have been made when mega firm Paul, Weiss, Rifkind, Wharton & Garrison shared a photo of its class of newly promoted partners.
Delaware Business Court Insider | Commentary
By Francis G.X. Pileggi and Jessica L. Reno | April 24, 2019
The Delaware Court of Chancery recently analyzed an indemnification clause and performed other contract interpretation in NASDI Holdings v. North American Leasing.
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