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October 19, 2011 | Daily Report Online

Delaware may no longer be bankruptcy capital

A bipartisan bill sponsored by leaders of the House Judiciary Committee may strip Delaware of its status as the premier venue for U.S. bankruptcy cases, costing the state's economy an estimated $100 million a year.Lamar Smith, the Texas Republican who chairs the Judiciary panel, introduced the bill with Michigan's John Conyers, its ranking Democrat.
7 minute read
June 08, 2007 | National Law Journal

After 30 Years, Law Firm Advertising Is Slow to Change

Thirty years ago the Supreme Court ruled that even lawyers were entitled to free speech. In those early days of attorney advertising, law firms created ads to demonstrate their unparalleled integrity and resourcefulness -- these days the ads are pretty much the same. Some of the sameness is due to ethics rules that rein in unfounded claims and hyperbole. But most of the advertising vanilla, say observers, comes from risk aversion and a fear of flash that persists among law firm decision-makers.
7 minute read
October 28, 2009 | Delaware Law Weekly

Diocese's Bankruptcy Hearing May Decide Status of Clergy Abuse Cases

Matters are moving quickly in the Chapter 11 bankruptcy case filed by the Catholic Diocese of Wilmington on Oct. 18, with a hearing already set to consider important questions related to sexual abuse cases that name the diocese as a defendant.
7 minute read
June 20, 2012 | Delaware Law Weekly

Procedure Error Remands Abuse Case Back to District Court

The U.S. Court of Appeals for the Third Circuit has dismissed claims against four institutional defendants in a clergy sexual-abuse case, ruling that the U.S. District Court for the District of Delaware failed to expressly state that there “was no just reason for the delay” as required under Federal Rule of Civil Procedure 54(b) when it directed entry of final judgment in favor of the defendants in a June 2011 decision.
7 minute read
September 08, 2008 | The Legal Intelligencer

People in the News

People in the news items for September 8th, 2008.
4 minute read
February 15, 2012 | Delaware Business Court Insider

Chancery Court Limits CEO's Right to Indemnification After Regulatory Row

The court held that the executive's decision to accept lesser charges in order to spare the company "expense [and] distraction" does not satisfy the "successful on the merits or otherwise" clause of Delaware General Corporation Law or the company's bylaws.
7 minute read
June 27, 2011 | National Law Journal

Dewey & LeBoeuf gets the call in Los Angeles Dodgers bankruptcy

The fight over ownership of the Los Angeles Dodgers has moved into bankruptcy court, with the team tapping Dewey LeBoeuf's Bruce Bennett and Sidney Levinson as counsel in a Chapter 11 filing. They join an already large field of legal players surrounding team owner Frank McCourt.
6 minute read
August 20, 2010 | The American Lawyer

Litigator of the Week: Sandra Goldstein of Cravath, Swaine & Moore

Who knows what will happen in billionaire Ron Burkle's proxy contest for three Barnes & Noble board seats. But as lead counsel in the Delaware trial to determine the legality of B&N's poison pill, Goldstein helped assure that Burkle goes into the contest owning less than 20 percent of the company's shares.
5 minute read
November 28, 2012 | Delaware Law Weekly

Markell Nominates Three Candidates for Open Judgeships

Governor Jack Markell has nominated New Castle County Court of Common Pleas Judge Eric M. Davis and Chief Deputy Attorney General Charles E. Butler to fill two of the open Democratic judgeships on the New Castle County Superior Court. The governor has also tapped Deputy Attorney General Paula T. Ryan to replace a departed Sussex County Family Court judge.
6 minute read

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