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January 23, 2024 | Pro Mid Market

Litigation, IP Headlined Big Law Poaching by Midsize Firms in 2023

Rate flexibility and client conflicts drove Big Law attorneys to smaller firms in 2023, leading to gains for Munsch Hardt Kopf & Harr in Texas, Stoel Rives in Oregon and Potter Anderson & Corroon in Delaware.
6 minute read
January 19, 2024 | Delaware Business Court Insider

Chancery Clarifies Company Directors' Rights to Privileged Company Information

Vice Chancellor Paul Fioravanti, Jr. concluded that plaintiffs wrongly included confidential and privileged information on life sciences company Illumina in their complaint against individual defendants related to the company, but "as a general rule, directors are entitled to privileged communications delivered to the corporation or the board."
5 minute read
January 16, 2024 | Delaware Law Weekly

Potter Anderson Elects Five New Partners

Delaware law firm Potter Anderson & Corroon announced the election of five individuals to partnership, effective Jan. 1: R. Stephen McNeill, Nicholas D. Mozal, Laura G. Readinger, Rebecca E. Salko and Aaron R. Sims.
2 minute read
December 19, 2023 | Delaware Law Weekly

Out-of-State Case Isn't Enough to Dismiss Otherwise Supported Derivative Litigation, Del. High Court Says

It's the first time the state's high court has officially addressed whether or not a Delaware judge can take adjudicative notice of factual findings from another court,.
4 minute read
December 19, 2023 | Delaware Business Court Insider

Delaware High Court: Out-of-State Case Isn't Enough to Dismiss Otherwise Supported Derivative Litigation

It's the first time the state's high court has officially addressed whether or not a Delaware judge can take adjudicative notice of factual findings from another court,.
4 minute read
October 27, 2023 | Pro Mid Market

Who Got the Work: Manning & Kass Partner Steps in to Defend the County of Riverside in Civil Rights Suit

Manning & Kass, Ellrod, Ramirez, Trester partner Eugene P. Ramirez has entered an appearance for the County of Riverside in a pending civil rights lawsuit.
2 minute read
October 25, 2023 | The American Lawyer

Kirkland & Ellis, Jackson Walker Continue Debtor-Side Dominance in Strong Q3 for Big Bankruptcy

Big Law bankruptcy practices are closing in on their best year since 2020.
3 minute read
October 24, 2023 | Delaware Law Weekly

Potter Anderson Adds Bankruptcy Counsel

Potter Anderson & Corroon has announced the growth of its bankruptcy practice with the addition of Brett M. Haywood as counsel.
1 minute read
October 20, 2023 | Pro Mid Market

Midsize Moves: Bressler Nabs Armstrong Teasdale Partner, Adams and Reese Hires GrayRobinson Shareholder

Bressler, Amery & Ross hired litigation attorney James E. Tyrrell Jr. as a principal in its New Jersey office; Adams and Reese announced that labor and employment partner Benjamin W. Bard has joined the firm's Tampa, Florida, office.
2 minute read
October 18, 2023 | Delaware Business Court Insider

Lessons From the 'Mindbody' and 'Columbia Pipeline' Decisions 

In two recent post-trial decisions, the Delaware Court of Chancery found that officers of a target company had breached their fiduciary duties in connection with a sale process by acting for personal gain, rather than to maximize stockholder value, that the target boards did not sufficiently manage the officers' conflicts of interest that infected the sale process, and that the acquirors were liable for aiding and abetting certain of the sell-side fiduciary breaches.
17 minute read

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