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Young Conaway Del. Partner Speaks at Columbia Law Event
Young Conaway Stargatt & Taylor Delaware corporate litigation and counseling partner Elena Norman spoke at the 2023 conference on mergers and acquisitions and corporate governance hosted by Columbia Law School on Dec. 8.'A Dagger at the Heart'?: Lawyer Says Ex-Delaware Auditor Needs New Trial Because of Judge's Remark
The charges brought against McGuiness centered on her hiring her daughter and structuring payments to a contractor in a way that avoided financial oversight.Court dismissed in rem action over limited partnership interest where hearing the action would require the court to hale in defendants it lacked personal jurisdiction over and the proceedings were an attempt to circumvent the dismissal of plaintiff's fraudulent transfer claim against defendants for lack of jurisdiction.
Court declined to award a substantial success fee to stockholders who obtained supplemental disclosures to merger proxy where the disclosures did not remove an impediment to the stockholders' vote, but the disclosures provided a meaningful corporate benefit by informing stockholders about the transaction committee's affiliations with a controlling stockholder sitting on both sides of the merger transaction.
Breach of fiduciary duty claim was untimely under statute of limitations where plaintiff was on inquiry notice of his claim no later than his receipt of an IRS audit notice investigating transactions involving defendant.
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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.Chancery court's determination that counterparty did not breach merger agreement was supported by record evidence demonstrating that company continued to use best efforts to consummate the merger, entitling it to reimbursement of a prior termination fee and precluding liability for a breakup fee.
Defendants could remove case under federal officer removal statute by alleging that it had acquired the right to use plaintiff's intellectual property via federal government contracts after the government allegedly obtained "unlimited right" to the intellectual property.
Delaware High Court Affirms $601M Judgment in Broken Deal Over Pipeline
Justice Christopher Griffiths called the case a "perfect example" of the near inevitability of failed merger costs.$601M Judgment in Broken Deal Over Pipeline Affirmed by Del. High Court
Justice Christopher Griffiths called the case a "perfect example" of the near inevitability of failed merger costs.Trending Stories
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