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Laster Foils Corporations' Bid to Limit Forum in Securities Act Claims
The decision was a win for plaintiffs, who will now have greater flexibility in deciding where to file lawsuits alleging fraud that occurred during companies' initial public offeringsTech Firms Lose Out on Bid to Limit Forum in Securities Act Claims
Blue Apron, Stitch Fix and Roku lost out in a bid in the Delaware Court of Chancery to use forum-selection provisions in corporate charters to force shareholders to litigate securities fraud claims in federal court.Dykema in DC, MoFo's Deep State and More Washington Moves
The chairman of Detroit-based Dykema Gossett explains his firm's decision to absorb Loss, Judge & Ward, plus other law firm news and notes in this week's Washington Wrap.Molina, Saul Ewing Associate, Named New Master in Chancery
Selena E. Molina, a 2013 graduate of Widener University Delaware Law School, will replace Morgan T. Zurn, who was recently confirmed to fill one of two new judgeships on the Chancery Court.Molina, Saul Ewing Associate, Named New Master in Chancery in Delaware
Selena E. Molina, a 2013 graduate of Widener University Delaware Law School, will replace Morgan T. Zurn, who was recently confirmed to fill one of two new judgeships on the Chancery Court.CEO Resigns in Wake of Court's Finding of Fraud in $115M Sale of Payment Processing Co.
Isreali-based media firm Taptica International Ltd said late Monday that Hagai Tal was resigning after Vice Chancellor Sam Glasscock III in his opinion found that the executive had hidden key information from buyer Great Hill Equity Partners in order to position himself as chief executive of post-merger company BlueSnap Inc.Venezuela Starts Paying After Settling $1.2B Arbitration Award for Seized Gold Mining Rights
Venezuela resisted paying for terminating gold-mining rights until after the plaintiff sought Citgo assets.Venezuela Makes Initial Payment on $1.2B Arbitration Award
Canadian mining company Crystallex said in a court filing last week that Venezuela on Nov. 23 completed an up-front payment of $425 million, on top of $75 million that it had already turned over, and plans to satisfy the rest of judgment by Jan. 10.New Corporate Bankruptcies Leave Big Law Firms Holding the Bag
Weil, Gotshal & Manges is taking the lead on a pair of new bankruptcies in New York and Delaware that count more than dozen law firm creditors.Slights Greenlights Shareholders' Challenge to $256M Buyout of Telecom Firm
The ruling refused the Tangoe board's motion to dismiss a shareholder class action from former Tangoe investors who claim they were shortchanged in the company's April 2017 sale to Marlin Equity Partners.Trending Stories
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