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January 08, 2021 | Delaware Law Weekly

Richards, Layton & Finger Promote 2 Directors and 2 Counsel

Richards, Layton & Finger attorneys Katharine Lester Mowery and Jason J. Rawnsley are now directors of the firm, and Edward S. Little and Robert C. Maddox are now counsel.
1 minute read
December 01, 2020 | Delaware Law Weekly

COVID-19 Pandemic Can Void Hotel Sale, Delaware Judge Rules in First-of-Its-Kind Holding

It can reasonably be expected that in light of Laster's ruling on the scope of the material adverse effect clause, sellers moving forward will try to include general, broad language in contracts to protect themselves and buyers will challenge that, said a Quinn Emanuel lawyer in the case.
3 minute read
December 01, 2020 | Delaware Business Court Insider

Delaware Hotel Case Is First to Find Impact of COVID-19 Pandemic Can Void Sales

It can reasonably be expected that in light of Laster's ruling on the scope of the material adverse effect clause, sellers moving forward will try to include general, broad language in contracts to protect themselves and buyers will challenge that, said a Quinn Emanuel lawyer in the case.
3 minute read
November 25, 2020 | Delaware Law Weekly

2020 Women on Boards to Hold Event on Women Directors

2020 Women on Boards, an organization aimed at increasing the percentage of women serving on the boards of U.S. companies, is slated to host the event "Wilmington/Philadelphia Conversation on Board Diversity: Women Directors During Times of Crisis."
1 minute read
November 24, 2020 | Corporate Counsel

Ex-GC Who Sued His Former Employer, CFO Backtracks Allegations

In a Delaware lawsuit, now dismissed, the lawyer had alleged the CFO was fixing finances to give bonuses to executives.
3 minute read
November 24, 2020 | Delaware Business Court Insider

Ex-GC Who Sued His Former Employer, CFO in Chancery Court Backtracks Allegations

In a Delaware lawsuit, now dismissed, the lawyer had alleged the CFO was fixing finances to give bonuses to executives.
3 minute read
November 18, 2020 | Pro Mid Market

Who Got the Work: A Riding Crop Controversy and A Recovery Center Rejection

Rivkin Radler is representing the Jockey's Guild in its opposition of new regulations over the use of riding crops in New Jersey, Shipman & Goodwin is representing a recovery center as it seeks to open a methadone clinic, and other work from midsize firms.
3 minute read
November 11, 2020 | Delaware Business Court Insider

Recent Developments Regarding 'Wolf Pack' Provisions in Rights Plans

A traditional stockholder rights plan remains one of the most effective tools a board of directors may use to protect the corporation's stockholders from the threat of a hostile or abusive takeover.
8 minute read
November 04, 2020 | Delaware Business Court Insider

Court of Chancery Permits $4.3 Billion Interim Distribution in Altaba Dissolution

The opinion also provides important guidance with respect to several other issues that arise in long-form dissolutions, and, given the unprecedented size and complexity of Altaba's dissolution, it will likely be the first of a number of opinions and orders to do so in this case.
7 minute read
October 29, 2020 | Delaware Business Court Insider

After Hours: Chancery Finds Delaware's 'Business Day' Extends to Midnight

Vice Chancellor Morgan Zurn's decision is the first to address exactly at what time of day the fifth business day ends and a plaintiff is allowed to file a complaint for failure to comply with a demand, as Section 220(c) doesn't provide those parameters.
4 minute read

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