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Bankruptcy Trustee Sues Former Brooks Brothers Executives
Docket information indicates Reid Collins & Tsai founding member William T. Reid is bringing breach of fiduciary duty, unjust enrichment and fraudulent transfer claims.
Pashman Stein Adds Bankruptcy and Restructuring Partner, Establishing Wilmington Office
Pashman Stein Walder Hayden has announced the addition of Joseph C. Barsalona II as a partner in the firm's bankruptcy, restructuring and creditors' rights practice group, as of June 13.
The Failure of the 'Failing Business' Exception Under Delaware Law
In Stream TV Networks v. SeeCubic, the Delaware Supreme Court vacated a permanent injunction imposed by the Delaware Court of Chancery that prohibited Stream TV Networks, Inc. and the Rajan brothers, who collectively held a majority of the company's stock, from blocking a negotiated transfer of all of Stream's assets to satisfy its secured creditors.
Will: Litigation Over Deadlocked Aerospace Co. Board Underscores Corporate Neutrality Requirement
Vice Chancellor Lori Will called the litigation pitting one half of Aerojet Rocketdyne Holdings' board against the other a cautionary tale for other corporations with an even number of directors. Two factions, one led by executive chairman Warren Lichtenstein and the other by president and CEO Eileen Drake, could not agree on a slate of nominees to the board.
New York-Based Talent Agency Claims Ex-CEO Spent Millions in Company Funds for Personal Expenses
Elite, which brands itself as the world's first talent media company established over 50 years ago, is still calculating how much was spent.
Law Journal Press | Digital Book
A Letter from Your Client
Authors: By Alex Geisler
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Talent Agency Claims Ex-CEO Spent Millions in Company Funds for Personal Expenses
Elite, which brands itself as the world's first talent media company established over 50 years ago, is still calculating how much was spent.
Who Got the Work?℠: The $4.65B Denver Broncos Deal and More
Welcome to "Who Got the Work?℠," a weekly column that highlights the law firms and lawyers around the country who are being brought in to handle key cases and close major deals for their clients.
Litigator of the Week Runners-Up and Shout Outs
Our first runners-up this week at Bracewell won a whopping $1.6 billion in damages in a breach of contract suit against IBM Corp.
Slights, Leaving Delaware Court of Chancery, Assesses Changes to Business Docket, Corporate Law
The outgoing vice chancellor said one of the most notable changes he's seen throughout his time on the Chancery court has been the increasing use of Section 220 cases to investigate a wider range of potential wrongdoing.Trending Stories
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