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April 24, 2013 | Inside Counsel

11 noteworthy in-house career moves

Charting some of the most recent GC and in-house appointments
13 minute read
April 24, 2013 |

Streamlining Two-Step Mergers With Proposed Amendment to DGCL

Recent proposed amendments to the Delaware General Corporation Law contain an important addition to Section 251, which governs mergers between Delaware corporations, that would effectively allow the parties to dispense with the need for a back-end stockholder vote on a merger in certain cases where the buyer has acquired a sufficient number of shares in a front-end tender offer. If approved by the Delaware Legislature and signed into law, this amendment, which would appear as Section 251(h), would become effective August 1. If enacted, this amendment would help to streamline two-step transactions, effectively eliminating the delay between the closing of the tender offer and the consummation of the merger that would otherwise result from the need to hold a stockholders' meeting to vote on the adoption of the merger.
7 minute read
April 24, 2013 |

When Is Advice of Counsel a Defense You Can Raise, but Not Disclose?

Most defendants in corporate fiduciary duty litigation want to say, "My lawyer said it was all right." They usually avoid making that point for fear of waiving the attorney-client privilege. A recent Court of Chancery decision suggests that it is possible to say your lawyer advised you without opening the door to disclosure of exactly what the lawyer said. Doing so involves walking a tightrope. One slip and you're waiving your privilege. Yet, the benefits may be worth the risk.
4 minute read
April 24, 2013 | Inside Counsel

Regulatory: FTC annual highlights reveal key trends

The Federal Trade Commissions (FTC) newly appointed Chairwoman Edith Ramirez just issued the agencys Annual Highlights Report.
14 minute read
April 24, 2013 | Inside Counsel

U.S. government sues Lance Armstrong over doping scandal

If you thought the shame of Lance Armstrongs doping scandal had finally blown away with the sands of time, you would be wrong.
2 minute read
Law Journal Press | Digital Book Pennsylvania Causes of Action, 12th Edition Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN View this Book

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April 24, 2013 | Inside Counsel

FDA’s delay in implementing food safety regs illegal

According to a judge in California, the Food and Drug Administration (FDA) broke the law when it didnt implement food safety regulations fast enough.
2 minute read
April 24, 2013 | Inside Counsel

Suits target fertilizer plant owner in wake of deadly Texas explosion

Just two days after the Boston Marathon bombings, another deadly explosion killed innocent people halfway across the country.
3 minute read
April 24, 2013 | Insurance Coverage Law Center

Hiscox London Announces New Appointments

Hiscox, the international specialist insurer, has announced a number of changes to its Hiscox London market business and Syndicate 33.Paul Lawrence will…
2 minute read
April 24, 2013 | Insurance Coverage Law Center

Endurance Names Michael Smith as Chief Executive Officer of ARMtech Insurance Services

Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has announced that Michael Smith…
2 minute read
April 24, 2013 | Insurance Coverage Law Center

Bermuda Monetary Authority Names Craig Swan to New Top Post

The Bermuda Monetary Authority (the “BMA”) has established a new executive post to lead all of its supervisory functions and has named Craig…
3 minute read

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