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July 18, 2024 | Delaware Business Court Insider

Chancery Signals Overbroad Anticompetitive Agreements Won't Cut It—Again

The ruling represents an exception from the court's customary pro-contract mentality.
4 minute read
July 17, 2024 | Delaware Business Court Insider

Attorneys No Longer Need to Wait for Chancery Order to File Confidentially

The change to Rule 5.1 is included in the second tranche of amendments to Chancery rules Chancellor Kathaleen St. J. McCormick has approved as part of a project revising the court's rules to realign with Delaware case law and statutes as well as federal rules.
3 minute read
July 17, 2024 | Delaware Business Court Insider

Chancery Confirms Arbitration Award Resulting in Negative Purchase Price

As the Delaware Chancery Court's recent decision in SM Buyer v. RMP Seller Holdings demonstrates, the deference afforded to an arbitrator may result in decisions with which a reviewing court may disagree but that the court is nonetheless bound to confirm.
6 minute read
July 16, 2024 | National Law Journal

What Does the Path Forward for Stalled 3rd Circuit Nominee Adeel Mangi Look Like?

Some court watchers say Senate Democratic leaders could schedule a vote around possible Republican absences to achieve Adeel Mangi's confirmation.
7 minute read
July 16, 2024 | Delaware Law Weekly

Morris Nichols Welcomes 2 Corporate Litigation Attorneys

Morris, Nichols, Arsht & Tunnell announced that Elise Wolpert and James Mansfield, two litigators, have joined the firm's corporate and commercial litigation practice.
2 minute read
July 15, 2024 | Law.com

Report: Securities Fraud Losses Claimed Balloon in First Half of 2024

The report from securities litigation data analytics company SAR attributes the rise not to a greater number of SEC Rule 10b-5 complaints being filed in the federal courts, but to drops in stock prices growing larger.
3 minute read
July 15, 2024 | Delaware Business Court Insider

Ballard Spahr Elevates 8 Attorneys, 1 to Partner in Delaware

Ballard Spahr announced that six attorneys have been elected to the firm partnership and two have been elevated to of counsel, including one in Delaware.
1 minute read
July 12, 2024 | Delaware Business Court Insider

Paul Hastings, Willkie Farr Attorneys Talk Winning Reset in the Fight Over Nearly $2B in Bonds Issued by Venezuela's National Oil Company

At the time this dispute arose in 2019, we were representing the CITGO entities in Delaware Chancery Court litigation in which the Maduro regime was challenging the legitimacy of all three companies' boards of directors.
13 minute read
July 11, 2024 | New York Law Journal

Motion to Reconsider, Attorney Fees Reduced, Religious Discrimination

This column reports on several recent significant decisions from the United States District Court for the Eastern District of New York. Judge Margo K. Brodie denied defendant's motion for reconsideration in a case involving alleged sexual abuse by a priest. Magistrate Judge Lee G. Dunst granted, but substantially reduced, attorney's fees to plaintiffs' counsel. And Judge Joan M. Azrack granted defendants' motion to dismiss plaintiff's state law discrimination claim under the election of remedies doctrine but allowed plaintiff's federal law discrimination claim to proceed in part.
8 minute read
July 11, 2024 | The American Lawyer

Et Tu, EDVA? Why Big Law Is Dodging a Once-Favorable Bankruptcy Venue

"That was the last time anyone files in EDVA," one Am Law 100 bankruptcy partner said of the formerly popular jurisdiction.
8 minute read