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Chancellor William Chandler III is known for decisions that gave broad deference to corporate boards, including the 2006 Disney decision and this year's Airgas ruling. Vice Chancellor Leo Strine appears to be the leading candidate to succeed him. Chandler hasn't yet identified the firm he'll join.
Changing a Judge's Mind on Qualcomm Sanctions
Going Public: Kevin Leung, left, Christian Mammen and four other lawyers felt a weight lift from their shoulders last week. Plus: Four of the six talk about the whole experience on this video.After a hostile reception by the Justices at oral arguments, plaintiffs lawyers doubted the high court would endorse U.S. securities claims by foreign investors who bought shares of foreign companies on foreign exchanges. They just prayed the damage would be limited. Those hopes were dashed by the Court's unanimous ruling Thursday. We've got analysis from the lawyers who argued both sides at the Court.
Must-See Recruiting Sites Invest in Future
It's time for the 2007 crop of summer associates to return to school and for law firms to begin scouting for next year's candidates. Attorney Robert Ambrogi searches the Web to find out which law firms have the best summer recruiting sites. Smart firms have innovative designs with video and strong content. Does your firm make the cut? Find out by perusing the sites that make up this year's best recruiting efforts. Next month, join Ambrogi when he reviews the worst recruiting Web sites.Private RICO Suit Reopened Against Alcoa Following Hiatus
From its Pittsburgh headquarters over the last two decades, Alcoa directed the bribery of Bahraini officials and business leaders, which resulted in $400 million in profits for the global aluminum giant, according to a private racketeering suit filed by Aluminum Bahrain, or Alba. A federal judge denied Alcoa's motion to dismiss the claim this week.Trending Stories
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