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January 21, 2022 | Pro Mid Market

Who Got the Work: A Contract Dispute, Patent Infringement Suit, Environmental Suit

John A. O'Donnell Sr., Adam H. McCabe and Kevin Kanavy from Cassiday Schade have stepped in as defense counsel to R.I.M. Logistics Ltd. in a pending lawsuit over a maritime contract dispute.
2 minute read
January 04, 2022 | Delaware Business Court Insider

Will: Shareholder Claims in SPAC Case Are Direct, to Be Weighed Under 'Entire Fairness' Standard

Vice Chancellor Lori Will wrote while the issues involved in the case are a first for the court because they do involve a SPAC, Delaware fiduciary principles apply as they would to any other public company.
3 minute read
January 04, 2022 | Delaware Business Court Insider

In SPAC Case, Will Holds Shareholder Claims Are Direct, To Be Weighed Under 'Entire Fairness' Standard

Vice Chancellor Lori Will wrote while the issues involved in the case are a first for the court because they do involve a SPAC, Delaware fiduciary principles apply as they would to any other public company.
3 minute read
December 13, 2021 | The American Lawyer

Deal Watch: IPOs Give Way to SPACs for Another Week

SPACs continue to be a preferred method for going public in 2021.
10 minute read
December 09, 2021 | Delaware Law Weekly

Del. Supreme Court Affirms $5.8B Hotel Acquisition Deal Rightfully Broken Amid Pandemic, Offering New Ordinary Course Covenant Analysis

The ruling is the first Delaware Supreme Court decision that extensively addresses an ordinary course covenant in a terminated acquisition, rather than on a material adverse effect cause, and relies on the covenant as the basis for terminating an acquisition, according to Quinn Emanuel Urquhart & Sullivan managing partner Michael Carlinsky.
5 minute read
Law Journal Press | Digital Book Florida Construction Defect Litigation 2025 Authors: Gary L. Brown View this Book

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December 09, 2021 | Delaware Business Court Insider

In New Ordinary Course Covenant Analysis, Del. Supreme Court Affirms $5.8B Hotel Acquisition Deal Rightfully Broken Amid Pandemic

The ruling is the first Delaware Supreme Court decision that extensively addresses an ordinary course covenant in a terminated acquisition, rather than on a material adverse effect cause, and relies on the covenant as the basis for terminating an acquisition, according to Quinn Emanuel Urquhart & Sullivan managing partner Michael Carlinsky.
5 minute read
November 22, 2021 | Delaware Law Weekly

Richards Layton Director Elected as Fellow of the American College of Bankruptcy

Daniel J. DeFranceschi, a director of Richards, Layton & Finger, has been elected as a fellow of the American College of Bankruptcy.
1 minute read
November 19, 2021 | Delaware Business Court Insider

Del. Fed Court Stays DOJ's Opioid Prescription Case Against Walmart Pending SCOTUS Decision

U.S. District Judge Colm F. Connolly issued an order Friday afternoon staying the case until 14 days after the resolution of those filed by Xiulu Ruan and Shakeel Kahn, which the high court agreed to hear earlier this month.
2 minute read
November 19, 2021 | Delaware Law Weekly

DOJ Opioid Prescription Case Against Walmart Stayed Pending SCOTUS Decision

U.S. District Judge Colm F. Connolly issued an order Friday afternoon staying the case until 14 days after the resolution of those filed by Xiulu Ruan and Shakeel Kahn, which the high court agreed to hear earlier this month.
2 minute read
November 17, 2021 | Delaware Business Court Insider

SPAC Mergers Challenged for an Alleged Statutory Foot-Fault

Stockholder-plaintiffs have filed a number of complaints in the Delaware Court of Chancery challenging at least five mergers involving Delaware special purpose acquisition companies (SPACs) in the last four months alleging that the SPAC's failure to solicit a "class vote" of the SPAC's Class A Common stockholders in connection with certain amendments to the SPAC's certificate of incorporation violates the requirements of Section 242(b)(2) of the Delaware General Corporation Law (the DGCL).
8 minute read

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