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January 16, 2013 | Inside Counsel

Regulatory: Conflict management for inside counsel

Failure to properly address conflicts can lead to unhappy outcomes including bar discipline, disqualification, claims for malpractice and breach of fiduciary duty, loss of privilege and confidentiality, fee disgorgement, and generally unhappy clients.
9 minute read
January 16, 2013 | Delaware Business Court Insider

Chancery Court Provides Guidance on 'Don't Ask, Don't Waive' Standstill Provisions

In two recent rulings, the Delaware Court of Chancery has provided important guidance on how so-called "don't ask, don't waive" standstill provisions - which can be utilized to encourage bidders to provide their best-offer bids during an auction - will be viewed in future litigation in Delaware. While the use of such provisions is necessarily guided by the fiduciary obligation of a target company board to obtain the best price reasonably available in an auction, the Chancery Court has recognized that "don't ask, don't waive" provisions can be an appropriate and effective tool in maximizing shareholder value in a board-run auction process.
5 minute read
January 16, 2013 | Delaware Business Court Insider

In re Novell, Inc. S'holder Litig., DeFAX Case No. D65332 (Del. Ch. Jan. 3, 2013) Noble, V.C. (51 pages).

In re Novell, Inc. S'holder Litig., DeFAX Case No. D65332 (Del. Ch. Jan. 3, 2013) Noble, V.C. (51 pages).
4 minute read
January 16, 2013 | Daily Business Review

'Ultimate Ponzi' chronicles Scott Rothstein's rise and fall

A book on Scott Rothstein tells how the corrupt lawyer was ripping off clients a decade before his $1.2 billion Ponzi scheme collapsed.
6 minute read
January 16, 2013 | Daily Business Review

Capital Sources: State's growing midsection lures South Florida bankers

Some community banks with roots in South Florida have branched into the Orlando area, especially in the last two years as they picked off more than $500 million of deposits. More may follow.
5 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

View more book results for the query "*"

January 15, 2013 | Legaltech News

12on12: A Dozen Must-See Panels at LegalTech New York

There are plenty of compelling sessions to attend at LegalTech New York from January 29 to 31 at the Hilton New York. Several sessions are appealing not only for the talk, but also for who's talking.
7 minute read
January 15, 2013 | Delaware Business Court Insider

Chancery Court Provides Guidance on 'Don't Ask, Don't Waive' Standstill Provisions

In two recent rulings, the Delaware Court of Chancery has provided important guidance on how so-called "don't ask, don't waive" standstill provisions - which can be utilized to encourage bidders to provide their best-offer bids during an auction - will be viewed in future litigation in Delaware. While the use of such provisions is necessarily guided by the fiduciary obligation of a target company board to obtain the best price reasonably available in an auction, the Chancery Court has recognized that "don't ask, don't waive" provisions can be an appropriate and effective tool in maximizing shareholder value in a board-run auction process.
5 minute read
January 15, 2013 | Daily Business Review

Sides are close to deal to sell One Bal Harbour amenities

Elcom Hotel & Spa, which is trying to emerge from bankruptcy protection, proposes selling the shared facilities at One Bal Harbour as its exit strategy.
5 minute read
January 15, 2013 | Legaltech News

New Batch of E-Discovery Providers to Exhibit at LegalTech

The exhibit halls at LegalTech in the Hilton New York from January 29 to 31 will see several e-discovery companies that are exhibiting for the first time. LTN's Reporter Evan Koblentz contacted the newcomers to elicit their stories.
4 minute read
January 15, 2013 | Corporate Counsel

Sensitive Supervisors

In Equal Employment Opportunity Commission v. Thrivent Financial for Lutherans, the 7th Circuit found that medical information unveiled by a general, nonmedical…
1 minute read

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