0 results for ''Young Conaway Stargatt''
Shareholders' Win in Pipeline Disclosure Breach in Case Expected to Exceed $400M
The litigation was said to have resulted in one of the largest shareholder verdicts in Delaware history.Shareholders in Pipeline Company Win Claim for Disclosure Breach in Case Over Merger Talks
The litigation was said to have resulted in one of the largest shareholder verdicts in Delaware history.Adverse judgment in related action between the parties did not compel dismissal of plaintiff's aiding and abetting breach of fiduciary duty and unjust enrichment claims where those claims went beyond the scope of the intercreditor agreement that another state's court concluded precluded plaintiff from recovering for default on its note.
Plan of reorganization establishing sexual abuse settlement trust affirmed where non-consensual releases of claims against non-debtors, who were affiliates of debtors, fell within "related to" jurisdiction since the non-debtors' viability as going concerns was necessary to the success of debtors' reorganization.
Appellate Ruling Underscores Divide on Limits of Bankruptcy Protections
Judges are divided on the use of the "Texas two-step," in which companies facing potential mass tort liability attempt to gain Chapter 11 protection from claims.View more book results for the query "'Young Conaway Stargatt'"
Suit to recover proceeds of the sale of debtor as a fraudulent transfer failed where the acquisition negotiations were fair and conducted at arms-length, since the seller was entitled to sell the company for as much as they could get and the buyer was free to negotiate what it considered a fair price, even though in hindsight the purchase price seemed overinflated as it placed an unsustainable amount of debt on the company.
Corporate founder who retained a quarter stake of the company and served as a director and officer did not attempt to use his influence to drive acquisition of another company in which he also held an interest, such that the board's appointment of a special committee to negotiate the acquisition meant that the transaction did not need to be reviewed under entire fairness.
Former employee lacked right to enforce repurchase option where his stock options and unvested stock were cancelled in connection with his employer's acquisition in exchange for the right to payments from the acquiring company that would terminate if the employee left the acquirer's employ.
Young Conaway Wilmington Associate Receives Award for Exemplary Pro Bono Services
Young Conaway Stargatt & Taylor announced that Wilmington-based associate Travis G. Maurer received the 2022 William F. Taylor Award during the firm's recent retreat.Latham Defends Oracle's $9.3B NetSuite Deal In Chancery Court Trial
Peter Wald, Blair Connelly and their team at Latham & Watkins defended Oracle founder Larry Ellison and co-CEO Safra Catz from shareholder derivative claims stemming from Ellison's position as a major stakeholder at both companies.Trending Stories
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