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Bloomberg Denied Fees in Infringement Case Over Use of Stock Symbols
U.S. Chief Judge Leonard P. Stark ruled there was no evidence Quest Licensing Corp. had acted in bad faith by pursuing its claims.Bayard Hires Associate in Litigation Group
Wilmington-based Bayard added associated Emily A. Letcher to its litigation group.Schnatter, Papa John's Settle Del. Lawsuit Over Control of Pizza Chain
The agreement, filed this week with the U.S. Securities and Exchange Commission, also requires Papa John's to sever a voting agreement with an activist investor and scrap a provision of its poison pill that prevented stockholders from opposing certain board actions.New Schnatter Complaint Takes Aim at Papa John's Poison Pill
In a court filing made public earlier this week, Papa Johns founder John Schnatter said the plan prevented him from talking to other stockholders regarding "critical corporate matters," including a scheduled vote on the board's slate of nominees at the company's annual meeting in April.Bayard Attorney Speaks on Bankruptcy Panel
Scott D. Cousins, co-chair and director of Bayard's business restructuring and liquidations group, was scheduled to speak on a panel at the 16th annual Emory Bankruptcy Developments Symposium.Members erred in removing manager where manager specifically bargained for a "for cause" removal standard and members lacked cause to remove manager.
A company failed to demonstrate that a director's request for records was made for an improper purpose, so the court required the company to provide relevant documents, including emails and text messages.
Bayard Appoints 2 Bankruptcy and Restructuring Co-Chairs
Bayard appointed Scott D. Cousins and Justin R. Alberto as co-chairs of the firm's corporate bankruptcy and restructuring group.Schnatter Granted Access to Papa John's Records Related to Ouster, Bouchard Rules
Chancellor Andre G. Bouchard ruled Tuesday that John Schnatter, the company's largest stockholder, was entitled to books and records regarding the company's decision to terminate his employment last July, after Forbes reported that he had used the N-word during a company training call.Defendant appealed the denial of his motion to suppress drugs found in his car.
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