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Stockholders who pursued a derivative claim breached fiduciary duties to company by withholding the award in that claim, since derivative plaintiffs served as company agents rather than directors entitled to have their conduct reviewed under gross negligence or business judgment rule standards.
Appeals & Motions List released on:April 18, 2023
The court ordered the parties to submit a proposed order consistent with the court's ruling on several disputed claim construction terms at issue in a patent litigation matter.
Wilson Sonsini Adds Wilmington Partner
Wilson Sonsini Goodrich & Rosati announced that Erin Fay has joined the firm as a corporate partner in the Wilmington office, where she will be a member of the restructuring practice.Bayard Director Speaks About Crypto Insolvencies in ABI Industry Viewpoints Segment
The American Bankruptcy Institute (ABI) recently released its latest Industry Viewpoints segment featuring Bayard restructuring director Evan T. Miller.Bayard Hires New E-Discovery Associate
Bayard announced that Jay Dewey has joined the firm as an associate in the firm's e-discovery practice group.NFL Fails to Push Brian Flores' Racial Discrimination Claims Into Arbitration
Flores' descriptions of racial discrimination—and those of co-plaintiffs Steve Wilks and Ray Horton, who coached for the Arizona Cardinals and the Tennessee Titans, respectively—are recent examples of the NFL's "systematic discrimination" of Black players and coaches and are "incredibly troubling," U.S. District Judge Valerie Caproni of the Southern District of New York ruled.Bayard Welcomes New Litigation Associate
Bayard recently announced the addition of a new associate, Emily Skaug.Bayard Restructuring Director Speaks at ABI Winter Leadership Conference
On Dec. 10, Bayard restructuring director Evan T. Miller spoke at the American Bankruptcy Institute's Winter Leadership Conference in Palm Springs, California, on a panel titled "Dealing with Digital Assets."Trending Stories
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