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March 22, 2024 | New York Law Journal

Former Employees Accuse X of Stalling, Noncompliance With Arbitration Agreements

According to the petition, the social-media company has delayed hundreds of arbitrations involving ex-employees.
3 minute read
March 22, 2024 | The Legal Intelligencer

Ninth Circ. Bankruptcy Appellate Panel: Corporate Debtors in Subchapter V Are Not Subject to Discharge Exceptions

Small businesses seeking to reorganize should be mindful of this growing area of case law as they weigh their different reorganization options including, importantly, where they choose to reorganize and what type of reorganization chapter they should pursue.
8 minute read
March 21, 2024 | The American Lawyer

Patterson Belknap Litigator Confirmed as FTX Examiner

Judge John Dorsey ordered the appointment of Patterson Belknap of counsel Robert Cleary to conduct a 60-day investigation of the FTX collapse.
3 minute read
March 21, 2024 | Delaware Business Court Insider

Ousted Chemours Execs Targeted in Securities Action Over Corporate Books

ernstein Litowitz Berger & Grossman and Kessler Topaz Meltzer & Check are representing the plaintiff in the case, which brings Exchange Act claims against Chemours and several executives.
3 minute read
March 21, 2024 | New York Law Journal

Key Delaware Decision in 'Activision' Upends Standard Board Practices for Approving Mergers

This article lays out practice points in response to the Delaware Court of Chancery's recent decision in In Ap-Fonden v. Activision, which opens a new frontier for challenging a board's process in approving mergers. It discusses the significance the decision has on the merger agreement processes as well as what practitioners should consider moving forward as they navigate this decision.
18 minute read
March 20, 2024 | Delaware Business Court Insider

Superior Court: More Overlap in Case Facts Needed for Insurer to Deny D&O Coverage

Delaware Superior Court Judge Paul R. Wallace granted a California-based biotech company's motion for partial summary judgment.
3 minute read
March 20, 2024 | New Jersey Law Journal

Democrat Criticizes Adeel Mangi, Who Wants to Become a Judge

The flap over Mangi's links to the Alliance of Families for Justice bears similarities to the heavy criticism he received for his connection to Rutgers University's Center for Security, Race and Rights. In the case of the Rutgers group, as with the AFJ, Mangi was one of many individuals on the advisory board.
5 minute read
March 19, 2024 | Delaware Business Court Insider

With Albertsons Complaint, Chancery Sees New Challenge to Advance Notice Bylaws

The complaint is proving true a prediction made by Vice Chancellor Lori Will in a 2023 opinion anticipating shareholder suits over the corporate provisions.
3 minute read
March 19, 2024 | Delaware Law Weekly

Morris Nichols Partner Co-Presented at Inns of Court Event

On March 13, the Randy J. Holland Joint Inns Committee hosted the annual Joint Inns of Court Meeting in Wilmington with programming focused on wellness in the legal community; Morris, Nichols, Arsht & Tunnell partner R. Judson Scaggs, Jr. served as a speaker.
2 minute read
March 18, 2024 | New Jersey Law Journal

Amid Heavy Pushback, Historic Nomination to Federal Appellate Bench Faces Uncertain Outcome

Speaking of Mangi, U.S. Sen. Cory Booker said, "That he has maintained his pride for our country and commitment to public service despite the false attacks levied against him speaks to his integrity and his preparedness to serve on the Third Circuit. I'm proud to champion his nomination."
5 minute read

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