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September 09, 2024 | Delaware Business Court Insider

Jurden Announces 2025 Retirement, Capping 24 Years on Superior Court

Superior Court President Judge Jan Jurden, who has sat on the court since May 2001, is the first woman ever to lead the court, a role she was appointed to at the beginning of 2015.
3 minute read
September 09, 2024 | New York Law Journal

Trustee Compliance With the Corporate Transparency Act

Under the Corporate Transparency Act (CTA), every "reporting company" must file a "beneficial ownership interest report" (a BOI report) by Jan. 1, 2025 (or, if formed during 2024, within 90 days of formation). In general, every domestic entity and every foreign entity registered to do business in the United States is a reporting company, unless the entity qualifies for exemption.
9 minute read
September 06, 2024 | Delaware Business Court Insider

Novo Nordisk Files Patent Claims to Fend off Generic Rivals of Wegovy

Sun Pharma of India and Mylan Pharmaceuticals of West Virginia seek FDA approval of generic versions of the popular weight-loss drug. Novo Nordisk says the efforts infringe on its patent.
3 minute read
September 06, 2024 | Delaware Business Court Insider

Chancery Again Rules in Plaintiff's Favor in Earnout Provision Dispute

Alexion Pharmaceuticals Inc. could later be ordered to pay more in damages for another claim in which Zurn ruled against it, but Alexion's counterclaim against Shareholder Representative Services, represented by Quinn Emanuel Urquhart & Sullivan, is yet to be decided. Alexion is represented by Wilks Law and Arnold & Porter Kaye Scholer.
3 minute read
September 05, 2024 | Texas Lawyer

10 Principles That Will Guide the New Texas Business Courts in Breach of Fiduciary Duty Litigation

"Below are 10 principles that will guide the Texas business courts in breach of fiduciary duty litigation against corporate directors," write Baker Botts' Tom O'Brien, John Lawrence and Monica Smith.
15 minute read
September 04, 2024 | Delaware Business Court Insider

Johnson & Johnson Must Pay $1B in Damages for Surgical Robotics Contract Breaches, Fraud

The opinion is a win for Ross Aronstam & Moritz and Selendy Gay attorneys who represented a shareholder group.
4 minute read
September 04, 2024 | Delaware Business Court Insider

Investor Claims Virgin Galactic Put Billionaire Space Race Over Safety, Netting Branson $1B

The lawsuit alleges that Branson made over $1.1 billion by selling Virgin Galactic shares at a price artificially inflated by safety issues not being publicly known.
3 minute read
September 04, 2024 | Delaware Business Court Insider

Morris Nichols Partner to Co-Present at PLI M&A Conference

On Sept. 9, the Practising Law Institute is scheduled to host its annual, day-long conference on Hot Topics in M&A and Morris Nichols Arsht & Tunnell partner Patricia Vella is set to serve as program faculty.
2 minute read
September 04, 2024 | Delaware Business Court Insider

Chancery Orders Unisys to Foot Ex-Exec's Legal Bill, Highlighting Power of Contra Proferentem Doctrine

In Gilbert v. Unisys, the Delaware Court of Chancery ruled that information technology company Unisys Corp. must advance legal fees incurred by two former employees. The underlying lawsuit filed by the company in Pennsylvania federal court alleges trade secret infringement by the former employees.
6 minute read
September 03, 2024 | Delaware Business Court Insider

Kaufman Dolowich Managing Partner Navigates Chancery Best Practices as She Builds Team

In eight months at the helm, Loren Barron of Kaufman Dolowich has hired one partner, two associates, two staff members and an intern and said she plans to keep growing the team, although it's running out of office space in its current location.
6 minute read

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