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Court Stands By Decision Scrapping Del. Courts' Party-Balance Requirement
A federal magistrate judge has rejected Gov. John Carney's motion for reconsideration of a ruling to strike down the Delaware Constitution's requirement that appointments to key courts maintain their political balance.Glasscock Lets Stand $1B ETE Equity Deal Despite Finding of 'Unfairness'
A Delaware Court of Chancery judge on Thursday refused to cancel a 2016 deal in which Energy Transfer Equity issued $1 billion in equity units, finding there had been no harm to investors. At the same time, however, Vice Chancellor Sam Glasscock III said the transaction was unfair.Connolly Gallagher Lawyer Met DC Lawmakers for ABA Day
Connolly Gallagher attorney Mary Akhimien participated in American Bar Association Day on April 10-12 in Washington, D.C.Generic Drug Litigation Snowballed in 2017, With Del., NJ as Top Venues
Litigation over generic drug applications under the Abbreviated New Drug Application process increased 30 percent in 2017, according to a report by litigation analytics company Lex Machina.Ohio Citizenship Bars Mining Suit, Del. Judge Rules
A federal judge in Delaware has refused an attempt by Cliffs Natural Resources Inc. to tack racketeering claims onto its breach of contract suit against a Virginia coal producer in a last-ditch attempt to establish federal jurisdiction over the case.Energy Transfer Equity Denied New Hearing in $1.5B Fee Dispute
A vice chancellor of the Delaware Court of Chancery on Monday refused Energy Transfer Equity's bid for a second chance at claiming a nearly $1.5 billion break-up fee stemming from the pipeline company's failed merger with The Williams Cos. Inc.Young Conaway Partner Scheduled to Speak on CLE
Norman M. Powell of Young Conaway Stargatt & Taylor is set to speak at the “Advanced Commercial Finance: Critical Issues Below the Surface” ALI CLE course on May 11.Del. Supreme Court Denies Direct Appeal in Dole Buyout Case
The Delaware Supreme Court has denied a fast-tracked appeal of a lower court's holding that state law allows a company's directors and officers to collect insurance for fraud-based claims.Health Care Bankruptcy Leaves Big Law in the Lurch
The collapse of Constellation Healthcare Technologies Inc. has left nearly $4 million in unpaid legal bills for four law firms, including Winston & Strawn and McGuireWoods.Latham Lands O'Melveny Partner as New Bankruptcy Co-Leader
George Davis, a former co-chair of the global restructuring practice at O'Melveny & Myers, will now hold the same role at Latham & Watkins.Trending Stories
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Strong & Hanni Solves Storage Woes--Learn How You Can, Too
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