New York Law Journal | Analysis
By Robert Malionek and Jon Weichselbaum | March 5, 2019
While parties to large purchase or merger transactions typically include material adverse effect (MAE) clauses in their agreements, there is little in the law for what establishes a “material adverse effect.” Parties to such transactions can find some guidance from the recent decision in 'Akorn v. Fresenius Kabi AG', which marked the first Delaware state court case to uphold a buyer's right to terminate a merger agreement on the basis of an MAE.
Delaware Law Weekly | Analysis
By Mark D. Harris and Margaret A. Dale | February 26, 2019
Corporate and Securities Litigation columnists Mark D. Harris and Margaret A. Dale write: So-called “event-driven” securities class actions are on the rise, with data breaches representing one of the most significant categories of events driving this trend. How the courts will treat the proposed settlements that arise in these cases remains to be seen.
The American Lawyer | Analysis
By Hugh A. Simons | February 26, 2019
Thousands of layoffs are looming when the impending recession hits. Whose jobs are most at risk?
The Legal Intelligencer | Analysis
By Zack Needles | February 25, 2019
A three-lawyer shop in suburban Philadelphia and the largest law firm in the world have both fallen victim to it, multimillion-dollar cybersecurity technology can do little to guard against it, and once the damage is done it's all but irreversible. "Spear-phishing" is a growing concern for law firms of all sizes.
New York Law Journal | Analysis
By Mark D. Harris and Margaret A. Dale | February 21, 2019
Corporate and Securities Litigation columnists Mark D. Harris and Margaret A. Dale write: So-called “event-driven” securities class actions are on the rise, with data breaches representing one of the most significant categories of events driving this trend. How the courts will treat the proposed settlements that arise in these cases remains to be seen.
New York Law Journal | Analysis
By David Paul Horowitz and Lukas M. Horowitz | February 19, 2019
In their Burden of Proof column, David Paul Horowitz and Lukas M. Horowitz discuss the recent decision in 'Aybar', in which the Second Department confronted the question of whether a foreign corporation's registration to do business in New York under BCL §§1301(a) and 1304(a)(6) constitutes consent to general jurisdiction in New York. The decision effectively shuts the door, for now, to a New York court's exercise of general jurisdiction over a corporate defendant which is neither incorporated, nor maintains it principal place of business, in New York.
New York Law Journal | Analysis
By Jeffrey S. Klein and Nicholas J. Pappas | February 5, 2019
Employment Law columnists Jeffrey S. Klein and Nicholas J. Pappas analyze 'NuVasive', and consider the extent to which §925 may provide employers with operations in California an opportunity to use the Represented Employee Exception to enforce non-competition agreements against California employees.
By Ian Lopez | January 14, 2019
Alphabet has been hit with a pair of shareholder derivative suits claiming that board members hurt shareholder value by covering up a lengthy pattern of gender discrimination and sexual harassment perpetrated by Google executives.
New York Law Journal | Analysis
By Harvey M. Stone and Richard H. Dolan | January 10, 2019
In their Eastern District Roundup, Harvey M. Stone and Richard H. Dolan discuss three recent decisions, one which declined to realign a corporate defendant as a plaintiff in a diversity action; another which dealt with various issues in connection with a motion to suppress evidence in a criminal case; and the last which dismissed an action brought under the Federal Tort Claims Act relating to a murder in Panama.
The American Lawyer | Analysis|News|Profile
By Roy Strom | January 1, 2019
The alternative legal service provider's CEO has a vision that could forever alter the legal industry. Can he win enough converts to upend the legal job market? Or will UnitedLex turn out to be just another part of the fossil record?
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