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Latest Stories

November 18, 2024 | Delaware Business Court Insider

McCormick Consolidates Two Tesla Chancery Cases

Two cases challenging Elon Musk’s investments in AI projects were consolidated while another shareholder suit will move toward a separate trial.
3 minute read
November 18, 2024 | The Recorder

How a Second Trump Presidency Could Shape IP

From leadership changes at the U.S. Patent and Trademark Office to shifts in biopharmaceutical patent policy to regulation of rapidly evolving fields like artificial intelligence, here’s what the IP community can expect from a second Trump presidency.
10 minute read
November 18, 2024 | The American Lawyer

Davis Polk Lands Spirit Chapter 11 Amid Bankruptcy Resurgence

After a slower Q3, the rate of large corporate bankruptcies picked up in October.
2 minute read
November 18, 2024 | Corporate Counsel

Companies' Dirty Little Secret: Those Privacy Opt-Out Requests Usually Aren't Honored

“Ignoring privacy requests in states where they are legally obligatory creates a huge legal risk. Most companies that do so usually don't have evil intentions but haven't properly configured their consent-management tools," said Jules Polonetsky, CEO of the Future of Privacy Forum.
8 minute read
November 15, 2024 | The Legal Intelligencer

Ex-DLA Piper, Ballard Spahr Atty Accused of Aiding Video Game Company Founder's Misappropriation Scheme

A group of four Big Law firms and corporate partner Jay Coogan are finding themselves embroiled in a legal malpractice action stemming from a dispute between co-founders of global gaming platform Rival Games.
5 minute read
November 13, 2024 | Delaware Business Court Insider

Medtronic in the Crosshairs: 3 Suits Claim IP and Employee Poaching

Medical device giant Medtronic was hit with three lawsuits in the District of Delaware on Nov. 12—two by the previous employer of former Medtronic employees, and one by a doctor who claims the company stole her product design.
2 minute read
November 11, 2024 | Delaware Business Court Insider

Portal Crypto Exchange Faces Delaware Investor Class Action

“The allegations in the complaint are about investors being bullied into signing these conversions and being lied to about the use of this money,” said Eric Rosen, a partner at Dynamis.
3 minute read
November 11, 2024 | Delaware Business Court Insider

FTX Estate Seeks to Recoup $1.76B From Binance, Plus Exec 'Piggy Bank' Payouts

FTX and its affiliates, represented in the bankruptcy court by Sullivan & Cromwell and Landis, Rath & Cobb, have filed a total of 36 adversary actions since Oct. 28, 25 of which were filed on Nov. 8.
3 minute read
November 10, 2024 | Delaware Business Court Insider

Trulia 2.0? The Case for a 'Plainly Beneficial' Standard

Today, a new species of litigation—which we call “foot fault litigation”—is presenting the same core problem as the pre-Trulia disclosure settlements and warrants a similar judicial solution.
7 minute read
November 08, 2024 | Delaware Business Court Insider

Wilson Sonsini Knocks Out Claims Against Inhibrx Biosciences in Trade Secrets Verdict

"The most important thing about the win is it lets scientists who are really dedicated to trying to improve the lives of cancer patients to get back to focusing on that," said Luis Li, a Wilson Sonsini attorney who served as lead trial counsel for Inhibrx.
3 minute read