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November 08, 2024 | Delaware Business Court Insider

Morris Nichols Promotes Bankruptcy & Restructuring Attorney to Partner

Morris Nichols Arsht & Tunnell announced that bankruptcy and restructuring attorney Matthew O. Talmo has been invited to join the firm partnership, effective Jan. 1, 2025.
2 minute read
November 07, 2024 | National Law Journal

US Bankruptcy Filings Rise 16.2% as Interest Rates, Inflation, End of COVID Relief Hit Hard

"Two of the biggest factors—inflation and rising interest rates—are unlikely to shift rapidly, even if the new administration tries to address them," said Scott A. Underwood, a founding partner at Underwood Murray.
3 minute read
November 07, 2024 | Delaware Business Court Insider

Supermajority Shareholder Approval Not Required for Nevada Conversion

Vice Chancellor Paul A. Fioravanti Jr.'s opinion stated language in one section of the digital media company's charter doesn't apply to the conversion based on Delaware precedent, marking a win for attorneys at Wilson Sonsini Goodrich & Rosati and Latham & Watkins.
3 minute read
November 06, 2024 | Delaware Business Court Insider

Boy Scouts Bankruptcy Appeal Raises Questions on Mootness, Releases

For those who have already received compensation, a lawyer representing abuse victims said, it's come at a personal cost, as the terms of the effective plan have required them to answer 81-page questionnaires, sit for depositions and ask others to submit affidavits as proof of their scouting involvement.
4 minute read
November 06, 2024 | Delaware Business Court Insider

Chancery Stays Action Pending Resolution of a Motion to Dismiss in a First-Filed Action to Which the Defendant Is Not a Party

Prior to initiating the Delaware Chancery Court action, Eastern Wholesale sued one of Hudson's affiliates—but not Hudson—in North Carolina. Shortly after the filing of the Chancery action, Hudson moved to dismiss or stay. And due to potential overlapping legal and factual issues, Chancellor Kathaleen St. J. McCormick entered a stay.
5 minute read
November 05, 2024 | Delaware Business Court Insider

The 'Next Battleground' in Chapter 11: Third Circuit Set to Weigh Opt-Out Releases

A subset of sexual abuse accusers whose compensation is a key part of the plan and a group of Boy Scout insurers—have spent years challenging third-party releases that were made part of a global settlement.
5 minute read
November 04, 2024 | Delaware Business Court Insider

Veteran Delaware DOJ Lawyer Has Become New Magistrate in Chancery

The new addition is expected to increase the capacity of the business court as part of a "sustained expansion."
2 minute read
November 04, 2024 | Delaware Business Court Insider

Klehr Harrison Attorneys Present on Delaware Law to Chinese Attorney Delegation

Klehr Harrison Harvey Branzburg announced that attorneys Richard M. Beck and Caixia Su were recently invited as special guests to speak at a U.S.-China Legal Community Dialogue on the topic of Delaware Law.
3 minute read
November 04, 2024 | New York Law Journal

The Current State of Noncompetes in New York

This article will examine the current state of noncompete law, focusing on recent administrative, legislative and judicial developments.
8 minute read
November 01, 2024 | The American Lawyer

DLA Piper Exhibited 'Far From Exemplary Conduct' in Patent Infringement Case, Judge Finds

A Delaware federal judge found that the firm could keep representing a plaintiff even though it also counsels the defendant's parent company. The opinion could have broader implications for firms and attorneys representing multi-layered businesses.
4 minute read

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