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December 11, 2024 | Delaware Business Court Insider

'Get Out From Behind Your Desk': Cohen Seglias' New Wilmington Managing Partner On Leadership

"Get out from behind your desk. Build your book of business and make relationships you can bank on. As you build yourself, you will build your team."
5 minute read
December 11, 2024 | Delaware Business Court Insider

In Del. Win, Cantor Fitzgerald Fends Off Former Partners’ Antitrust Claims Over Post-Employment Pay

After Cantor Fitzgerald got an earlier ruling from the Delaware Supreme Court finding the forfeiture-for-competition provisions of its partnership agreements valid under state law, Benjamin Nagin and Tacy Flint of Sidley Austin and David Paul, the co-head of litigation at the financial services firm, won a motion to dismiss federal antitrust claims brought on behalf of former partners.
7 minute read
December 11, 2024 | Corporate Counsel

Albertsons Gives Up on $25B Merger, Sues Kroger Seeking 'Billions of Dollars'

"Rather than fulfill its contractual obligations to ensure that the merger succeeded, Kroger acted in its own financial self-interest, repeatedly providing insufficient divestiture proposals that ignored regulators’ concerns," Albertsons General Counsel Tom Moriarty said. Kroger called the allegations baseless.
2 minute read
December 11, 2024 | New Jersey Law Journal

How New Jersey’s Pragmatic Bankruptcy Approach Sets It Apart Post-'Purdue Pharma'

The Chapter 11 filing statistics clearly show that New Jersey has emerged as a strong venue option. The question is why? The answer, we submit, is consistency and pragmatism.
7 minute read
December 11, 2024 | Delaware Business Court Insider

Mind Your Business (Affairs)!

In Saunders v. Lightwave Logic, C.A. No. N23C-05-120 (Oct. 17, 2024), Judge Paul Wallace was faced with a factual scenario that would appear capable of repetition—and often—that ultimately ended with a stockholder’s shares in Lightwave Logic being escheated to the state and sold, despite the reality that the plaintiff’s stock certificate was safely ensconced in a home safe.
6 minute read
December 09, 2024 | New York Law Journal

Goldberg Segalla Launches in Wilmington

The Second Hundred firm is having a record year in 2024, amassing its largest headcount to date with minimal lateral attrition, according to hiring partner Joseph Hanna.
3 minute read
December 06, 2024 | Delaware Business Court Insider

Richards Layton Director Presented With ABA Award

Richards, Layton & Finger recently announced that firm director Paul M. Altman was selected as the 2024 recipient of the Martin I. Lubaroff Award by the American Bar Association Business Law Section’s LLCs, Partnerships and Unincorporated Entities Committee.
3 minute read
December 04, 2024 | Delaware Business Court Insider

Elon Musk Has a Lot More Than a 'Tornetta' Appeal to Resolve in Delaware

It could be a while before Musk sees the last of Delaware or McCormick, who he called in a Dec. 3 tweet "a radical far left activist cosplaying as a judge," as the list of Delaware cases still pending against Musk and/or Tesla heading into 2025 extends well beyond Tornetta at both the state and federal levels.
5 minute read
December 04, 2024 | Delaware Business Court Insider

Labaton’s Eric Belfi on Running Case Investigation, Analysis and Delaware Presence

“Our dedicated case evaluation team conducts a thorough review of all public information, collaborating with experts to assess financial and operational aspects. The team works closely with our in-house data and investigative units to build a comprehensive case analysis.”
9 minute read
December 02, 2024 | Delaware Business Court Insider

Delaware Court Holds Stance on Musk's $55.8B Pay Rescission, Awards Shareholder Counsel $345M

The Delaware court listed four main reasons the post-trial decision to rescind Musk's compensation can't be changed.
3 minute read