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Transferee Liability Under New York Law: 'Dillon Trust Co. v. United States'
Under some circumstances, sellers of stock of a corporation may be liable as transferees for corporate obligations arising before or in connection with the closing. In 'Dillon Trust Co. v. United States', the Court of Federal Claims concluded that the sellers of the stock of two corporations were liable for tax obligations of the corporations attributable to sales of assets for notes prior to the closing of the stock sale.Pa. 100: Largest Verdicts and Settlements
The Legal reports on newsworthy verdicts and settlements throughout the year, and what a year this past one has been!On the Move and After Hours: Chiesa Shahinian; Lawrence Law; K&L Gates; Faegre Drinker
Chiesa Shahinian expands practice groups; Manny Rouvelas wins a lifetime achievement award; and move moves.Thirty-Three States Challenge Meta's Failure To Protect Children's Information
Children aged 13 and under can log in to social media by lying about their age or pretending to be an adult; yet, social media contains vast quantities of content that is inappropriate for very young users. In his Privacy Matters column, Peter Brown discusses how and why 33 states acted together to file a massive litigation against Meta to protect the children in their respective states.View more book results for the query "*"
Pa. 100: Fastest Growing and Shrinking Firms
This graphic aims to capture some of the firms most impacted by the ups and downs of the current economic environment.PaLaw 2023: Annual Report on the Legal Profession
Welcome to the 30th edition of PaLaw: Annual Report on the Legal Profession.The Devil Is in the Details: Contractual Modification of Fiduciary Duties
The written word in a contract will almost always trump oral representations—especially where the contract includes language which merges any prior representation giving the document the last word on the parties' rights and obligations. However, cases continue to appear before the bench. In one such recent case, Stephanie Clegg v. Sotheby's, the plaintiff learned a hard lesson.Pa. Law 100: Largest Pa. Public Corporations
We try to capture all the pertinent details about the state's active business community here, with insights into revenue, chief legal officer and preferred outside counsel.Trending Stories
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