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October 18, 2023 | Daily Report Online

Atlanta's 11th Circuit Sets Up District Court Showdown for Lawyers to Pay Over $8M to a Litigation Funder

"Our intent is to go full steam ahead with the enforcement of millions of dollars against Mr. Horn and hundreds of thousands of dollars against Mr. Galle under the New York Convention." said Edward K. Lenci, a partner at Hinshaw & Culbertson
4 minute read
October 18, 2023 | The Legal Intelligencer

People in the News—Oct. 18, 2023—Barley Snyder, Armstrong Teasdale, McNees

Barley Snyder announced that attorney William C. Boak has rejoined the firm as a member of its litigation practice group in Harrisburg.
3 minute read
October 18, 2023 | New York Law Journal

SEC's Electronic-Trader Suit Warns Firms to Protect Investors' Privacy, Securities Lawyers Say

"The SEC will use whatever tools are in its toolbox" to sanction what it regards as a failure to safeguard material nonpublic information, Sidley Austin partner Ranah Esmaili said.
4 minute read
October 18, 2023 | Daily Report Online

They Didn't Know the Jury Was About to Return $23M—So They Settled for $10M

"The foreperson and several other jurors told us that they had been 10 seconds away from submitting the verdict that they had already agreed upon," said Jeb Butler of Butler Khan. "The verdict was for the [plaintiff's] family in the amount of $23 million, with 75% of the fault placed on [the defendant] and 25% on [the plaintiff]."
7 minute read
October 18, 2023 | New York Law Journal

U.S. Supreme Court To Decide Whether Shareholders Can Sue for Alleged Failures to Comply With Item 303's Disclosure Requirements

The U.S. Supreme Court is set to decide whether shareholders can sue for alleged failures to comply with Item 303's disclosure requirements. In 'Macquarie Infrastructure Corp. v. Moab Partners, L.P,' the court will decide whether private plaintiffs can import Item 303's broad, subjective disclosure requirements into a Rule 10b-5 private securities fraud claim. The court's resolution of this issue could have a significant effect on the scope of public companies' potential liability for alleged securities fraud.
13 minute read
Law Journal Press | Digital Book Connecticut Appellate Practice & Procedure, 8th Edition Authors: HON. ELIOT D. PRESCOTT, JULIE A. LAVOIE View this Book

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October 18, 2023 | Insurance Coverage Law Center

Policy Exclusion Gets Insurance Company Off the Hook for $750K+ Personal Injury Award

"Even if we read the exclusion narrowly, its plain language applies to plaintiff's personal injury claims," the New Jersey Appellate Division said. "There is no ambiguity. In defining its coverage, the policy clearly states that the coverage applies unless an exclusion applies."
4 minute read
October 18, 2023 | Corporate Counsel

Why Women Lawyers Must 'Get Rid of Their Inner Perfectionist'

Clinical psychologist Traci Cipriano told attendees at the Women, Influence, Power and Law conference that women shoulder so many responsibilities that they're sure to burn out if they don't take time for themselves.
6 minute read
October 18, 2023 | Delaware Business Court Insider

Decision Is a Reminder of Limits on Integration Clauses in Matters Arising From 2021 Deal Days

The decision saved threatened claims from a motion to dismiss and is a timely reminder of the limits on integration clauses during a time when corporate and commercial litigators are seeing an uptick in matters arising from acquisitions completed during the busy deal days of 2021.
6 minute read
October 18, 2023 | Insurance Coverage Law Center

Improvements, Additions and Alterations In Residential Forms

This article provides an overview of additions and alterations coverage for certain dwelling owners, tenants and condominium owners.
14 minute read
October 18, 2023 | Delaware Business Court Insider

Lessons From the 'Mindbody' and 'Columbia Pipeline' Decisions 

In two recent post-trial decisions, the Delaware Court of Chancery found that officers of a target company had breached their fiduciary duties in connection with a sale process by acting for personal gain, rather than to maximize stockholder value, that the target boards did not sufficiently manage the officers' conflicts of interest that infected the sale process, and that the acquirors were liable for aiding and abetting certain of the sell-side fiduciary breaches.
17 minute read

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