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August 15, 2024 | Delaware Business Court Insider

Should Judges Comment On The Laws They Will Later Apply? Delaware's Corp. Law Amendment Process Sparks Debate

An amendment to Delaware's corporation law has divided lawyers and led to discussion about when Court of Chancery judges should and should not weigh in on laws they will later apply.
5 minute read
August 13, 2024 | New York Law Journal

Siding With Second Circuit, Appeals Court Finds SPAC Investors Can't Sue Over Pre-Merger Misstatements

"At the time of [Lucid's] alleged misrepresentations, CCIV and Lucid were two entirely separate companies," the U.S. Court of Appeals for the Ninth Circuit held. "Lucid's alleged misrepresentations made about itself cannot be imputed to another company that later acquired it."
4 minute read
August 12, 2024 | National Law Journal

Budding Circuit Consensus: SPAC Investors Can't Sue Over Acquired Company's Pre-Merger Misstatements

"At the time of [Lucid's] alleged misrepresentations, CCIV and Lucid were two entirely separate companies," the U.S. Court of Appeals for the Ninth Circuit held. "Lucid's alleged misrepresentations made about itself cannot be imputed to another company that later acquired it."
4 minute read
July 31, 2024 | Texas Lawyer

Investors Sue CrowdStrike in Class Action Suit

The lawsuit was filed by the Plymouth County Retirement Association, which is represented by New York-based Labaton Keller Sucharow.
2 minute read
July 15, 2024 | Law.com

Report: Securities Fraud Losses Claimed Balloon in First Half of 2024

The report from securities litigation data analytics company SAR attributes the rise not to a greater number of SEC Rule 10b-5 complaints being filed in the federal courts, but to drops in stock prices growing larger.
3 minute read
July 10, 2024 | Law.com

Critical Mass With Law.com's Amanda Bronstad: Why Crash Victims Plan to Oppose Boeing's Plea Deal, Monsanto Moves to Toss Upcoming PCB Trial

Lawyers for families of those who died in two 737 Max plane crashes will ask a judge to reject Boeing's criminal plea agreement.
6 minute read
July 10, 2024 | New York Law Journal

The Lists Are In: New York Law Journal Presents Winners and Finalists for Annual Professional Excellence Awards

Winners of the New York Law Journal's 2024 Legal Awards in several of its professional excellence categories will be announced at a Sept. 5 ceremony in Manhattan
5 minute read
July 08, 2024 | National Law Journal

Will 7th Circuit Ruling Make Mass Arbitrations 'Too Onerous' for Plaintiffs Firms?

"The decision should put a significant dent in the current mass arbitration model, at least as it has been addressed in the reported decisions," said Allen Garrett Jr., a Kilpatrick Townsend partner.
5 minute read
July 02, 2024 | National Law Journal

7th Circuit Hands Win to Samsung in Mass Arbitration Fight

The three-judge panel found insufficient evidence that each of the thousands of claimants are existing Samsung customers with valid arbitration agreements.
4 minute read
July 02, 2024 | The Legal Intelligencer

'It's a Major Commitment': Feedback Ensures Trial Training Programs Deliver Value

At Marshall Dennehey and Blank Rome, upper-level attorneys, including former federal judges, devote time they could be billing to sharpening the next generation's skills.
4 minute read

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