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July 03, 2024 | New York Law Journal

Proposed Settlement of Securities Class Action Concerning Alleged Bribery Scheme Approved as 'Fair and Reasonable'

In 'In re Tenaris S.A. Securities Litigation', Judge Kiyo Matsumoto found that the proposed settlement satisfied both procedural and substantive fairness. As to procedural fairness, the court found that the settlement resulted from arm's-length negotiations enhanced by substantial discovery and that lead plaintiffs and lead counsel had adequately represented the settlement class because they had engaged in "vigorous advocacy" on its behalf.
11 minute read
July 03, 2024 | Daily Business Review

Florida's New Deepfake Laws: Criminal Penalties, Civil Remedies

The rapid advancement of deepfake technology has introduced significant challenges to privacy, security, and the integrity of personal and political reputations. Recognizing these threats, Florida has enacted statutes to address the misuse of artificial intelligence (AI) in creating altered sexual depictions and political misinformation.
6 minute read
July 03, 2024 | The Recorder

'I Love the Puzzle of All of It': New GC Resolved to Keep SF-Based Nextdoor Neighborly

It's not far from our mindset as we continue to innovate that a welcoming platform is a guiding principle of development for Nextdoor," said Sophia Contreras Schwartz, general counsel of Nextdoor.
9 minute read
July 03, 2024 | Corporate Counsel

'I Love the Puzzle of All of It': New GC Resolved to Keep Nextdoor Neighborly

It's not far from our mindset as we continue to innovate that a welcoming platform is a guiding principle of development for Nextdoor," said Sophia Contreras Schwartz, general counsel of Nextdoor.
9 minute read
July 03, 2024 | New York Law Journal

Planning Ahead for Tax Liabilities

A noteworthy aspect of such planning, and the focus of this article, is the benefit, if any, of planning in advance for the relief from certain federal income tax liabilities potentially available to a married couple who reside together.
11 minute read
Law Journal Press | Digital Book New Jersey Estate Litigation 2014 Authors: Michael R. Griffinger, Paul F. Cullum III View this Book

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July 03, 2024 | New York Law Journal

Personal Liability of a Fiduciary for Claims Against an Estate

A fiduciary of an estate must carefully balance his or her responsibilities to creditors of the decedent and to beneficiaries of the estate. A fiduciary "must act in good faith in the treatment of both" creditors and beneficiaries.
5 minute read
July 03, 2024 | New York Law Journal

From A to B to C: Timeline of Litigation in the New York Commercial Division

This is part three in a series of articles explaining the fundamentals of Commercial Division practice. The article addresses key dates and deadlines that arise when litigating in the Commercial Division.
11 minute read
July 03, 2024 | The Recorder

Samsung, Arnold and Porter Sue Broadcom for Antitrust Violations

The suit, filed Monday in the U.S. District Court for the Northern District of California, San Jose Division, alleged that Broadcom blocked Samsung's attempts to purchase electronic components from other manufacturers by withholding goods and services and forcing it into an exclusive dealing arrangement.
4 minute read
July 03, 2024 | National Law Journal

Samsung, Arnold & Porter Sue Broadcom for Alleged Antitrust Violations

The suit alleged that Broadcom blocked Samsung's attempts to purchase electronic components from other manufacturers by withholding goods and services and forcing it into an exclusive dealing arrangement.
4 minute read
July 03, 2024 | Delaware Business Court Insider

Court of Chancery Dismisses Fiduciary Duty Claims Related to Self-Tender Offer

In August 2022, Giant/Alpha allegedly used its controlling position in Playtika to cause the Playtika board to engage in a self-tender. In a previous ruling, Vice Chancellor Sam Glasscock found that the transaction conferred Giant/Alpha a nonratable benefit and denied Giant/Alpha's motion to dismiss claims against it arising from the transaction.
8 minute read

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