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Sources Expect Three Additional Superior Court Vacancies
As Delaware currently seeks to fill four New Castle County Superior Court judgeships, sources in the Delaware legal community said three additional vacancies are likely to open up within the next two years. According to legal sources, the vacancies will be created by the retirement of Judges Jerome O. Herlihy, Jan R. Jurden and Charles H. Toliver IV.Previous deal lands new client for K&S
King Spalding partner Jack D. Capers Jr. landed client Eclipsys Corp., the Atlanta-based health care data technology company that last week announced plans for a $1.3 billion merger with Allscripts-Misys Healthcare Solutions Inc., because of a deal he closed a few years ago.That deal, he said, was the sale of Alpharetta-based medical software provider Per-Se Technologies to health care company McKesson Corp.Supreme Court Overturns Chancery Decision, Reviving Derivative Suit
The Delaware Supreme Court overturned the Chancery Court's decision to dismiss the derivative claims filed by Primedia Inc. shareholders against Kolberg Kravis Roberts and Co., which indirectly controls a majority of the publishing company's common stock.Dramatic Leadership Changes for Chancery Court
It was a year of dramatic change for the Delaware Chancery Court in 2011. Longtime Chancellor William B. Chandler III left the court in June, enabling former Vice Chancellor Leo E. Strine Jr. to ascend to the court's top position and former Chancery Court Master Sam Glasscock III to become a vice chancellor. And the court welcomed a new face, Abigail LeGrow, who replaced Glasscock as the new master in chancery.Parsons Stays Chancery Suit Because of Pending Federal Action
Vice Chancellor Donald F. Parsons Jr. granted a solar energy corporation's motion to stay a derivative suit filed against it in Delaware Chancery Court because the company also has a federal suit pending and simultaneous prosecution of both cases would be "unduly complicated, inefficient and unnecessary."Nuveen Municipal Trust v. WithumSmith+Brown, P.C.
The Third Circuit certifies two questions addressing the "nature of the injury" and "cause of action" elements of the Affidavit of Merit statute to the New Jersey Supreme Court.The Bankruptcy Files: Milbank a Big Winner in Latest Round of Restructurings
Keeping up with the demands of tracking Dewey & LeBoeuf's demise has kept us off the bankruptcy beat lately, even as the firm's collapse affects some of its own clients in Chapter 11. But while Dewey tries to liquidate without filing for bankruptcy, other Am Law 100 firms—such as Milbank, Tweed, Hadley & McCloy—have grabbed roles representing large corporate clients opting to do their restructuring within the confines of bankruptcy court.Trending Stories
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