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August 21, 2024 | Delaware Business Court Insider

Minority Stockholder Was Not a Controller Because Plaintiff Did Not Adequately Plead Actual Control of the Company's Business Affairs

The actual control theory is "not easy to satisfy." In its recent decision, Scianella v. AstraZeneca UK Limited, C.A. No. 2023-0125-PAF (Del. Ch. July 8, 2024), the Delaware Court of Chancery emphasized that plaintiffs have a steep burden even at the pleadings stage to demonstrate actual control.
5 minute read
August 08, 2024 | New York Law Journal

Attorneys 'On the Move': Holland & Knight Adds Financial Services Partner; Structured Finance Partner Joins Alston & Bird

And other announcements of recent hirings and promotions of New York attorneys.
4 minute read
August 02, 2024 | Litigation Daily

Litigator of the Week Runners-Up and Shout-Outs

Lawyers at McKool Smith and Keller Postman helped the Office of the Attorney General of Texas secure a $1.4 billion settlement with Meta Platforms Inc. on claims brought under the state's biometric privacy law.
7 minute read
July 24, 2024 | Delaware Business Court Insider

Controlling Stockholder Transactions That Do Not Involve a Freeze-Out Merger May Satisfy MFW to Obtain Business Judgment Review

Since MFW, the Court of Chancery has applied the MFW framework to assess the standard of review of controlling stockholder transactions that did not involve a freeze-out merger, which commentators have referred to as "MFW creep."
5 minute read
July 23, 2024 | Pro Mid Market

The 2024 Texas 100: Ranked By Headcount

Lawyer head count grew by 2.1% overall in 2023 at the 100 firms with the most lawyers in Texas, with midsize Texas firms and out-of-state firms with Texas offices accounting for much of that growth.
5 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

View more book results for the query "Morris James LLP"

July 23, 2024 | Texas Lawyer

The 2024 Texas 100: Ranked By Headcount

Lawyer head count grew by 2.1% overall in 2023 at the 100 firms with the most lawyers in Texas, with midsize Texas firms and out-of-state firms with…
5 minute read
July 17, 2024 | Delaware Business Court Insider

Chancery Confirms Arbitration Award Resulting in Negative Purchase Price

As the Delaware Chancery Court's recent decision in SM Buyer v. RMP Seller Holdings demonstrates, the deference afforded to an arbitrator may result in decisions with which a reviewing court may disagree but that the court is nonetheless bound to confirm.
6 minute read
June 24, 2024 | Delaware Law Weekly

Morris James IP Litigators Contribute to New Book on Biosimilars Litigation

Morris James intellectual property attorneys Kenneth Dorsney and Cortlan Hitch have edited and contributed to the newly published book "Biosimilars Litigation and Client Counseling," which is available through the American Bar Association.
2 minute read
June 19, 2024 | Delaware Business Court Insider

Chancery Reviews SPAC Precedents and Dismisses Complaint for Failure to Show Impairment of Stockholders' Redemption Rights

In the recent decision of In re Hennessy Capital Acquisition IV Shareholder Litigation, the Delaware Court of Chancery observed that the ensuing "abundance of SPAC fiduciary duty claims suggests that stockholder plaintiffs have taken notice," and that SPAC litigation had become "ubiquitous" in the court.
10 minute read
June 17, 2024 | Delaware Law Weekly

DSBA to Hold Fundamentals of Law Practice Management CLE

The Office of Disciplinary Counsel and the Delaware State Bar Association (DSBA) are scheduled to hold a CLE titled "Fundamentals of Law Practice Management 2024" from 9 a.m. to 4 p.m. on Tuesday.
1 minute read

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