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January 19, 2024 | Delaware Business Court Insider

Chancery Clarifies Company Directors' Rights to Privileged Company Information

Vice Chancellor Paul Fioravanti, Jr. concluded that plaintiffs wrongly included confidential and privileged information on life sciences company Illumina in their complaint against individual defendants related to the company, but "as a general rule, directors are entitled to privileged communications delivered to the corporation or the board."
5 minute read
January 19, 2024 | Pro Mid Market

Who Got the Work: Richards Layton Attys Defend Beyond Meat in Securities Suit, Thompson Coe and Reminger Defend Lawyers in RICO Class Action

Richards, Layton & Finger attorneys have stepped in to represent Beyond Meat Inc. and other defendants in a pending securities lawsuit; Christopher L. Goodman of Thompson, Coe, Cousins & Irons and David R. Hudson of Reminger have entered appearances for Texas law firm Watts Guerra LLP and its managing members Francisco Guerra and Mikal C. Watts in a pending civil RICO class action.
2 minute read
January 19, 2024 | Pro Mid Market

Midsize Moves: BakerHostetler Loses Marketing Manager and Health Care Lawyer To McNees, Nossman

McNees Wallace & Nurick announced that Christopher Strah joined the firm as director of marketing; Nossaman announced that Mark Kadzielski has joined the firm's health care group.
2 minute read
January 19, 2024 | The Recorder

NYC Sues FDIC, as Receiver for Silicon Valley Bank, for $2.1 Million Tax Claim

Silicon Valley Bank was shut down and the FDIC was appointed as receiver in March 2023, making the FDIC liable for tax claims against the financial institution, the complaint said.
2 minute read
January 19, 2024 | Law.com

Illinois Court Reinstates Trial Court's Initial Holding, Denying Chicago Cubs' Motion to Arbitrate

The MLB team attempted to route the matter through litigation, claiming a photographer who was injured at Wrigley agreed to a mandatory arbitration provision through use of his media credential to enter the field.
4 minute read
Law Journal Press | Digital Book Chester County Court Rules 2024 Authors: View this Book

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January 19, 2024 | New York Law Journal

Andrew Cuomo Sues to Obtain Documents From State AG's Sexual Harassment Inquiry

The complaint seeks an order forcing James' office to respond to Freedom of Information Law requests made by Cuomo for a "narrow universe" of materials—including 180 interview memos and unredacted transcripts.
2 minute read
January 19, 2024 | Law.com

Massachusetts High Court Amends Rules Regarding Disposition of Unclaimed IOLTA Funds

The amendments were adopted in response to the court's decision in the Matter of Olchowski (2020), which posed the question concerning the proper disposition of unidentified client funds on deposit in an Interest on Lawyers' Trust Account.
2 minute read
January 19, 2024 | Legaltech News

NYSBA Presidential Summit 2024: Gen AI Excitement, Fears and Looming Unknowns

At the NYSBA's Presidential Summit 2024, former judges and legal professionals discussed generative AI's potential to alter the legal landscape—and the inevitable ethical quandaries that will follow.
5 minute read
January 19, 2024 | New York Law Journal

'A Municipal Mastermind': Longtime NYC Law Department Attorney Joins Government Transparency Center

Stephen Louis joins the Center for New York City Law as it looks to expand its programming to include broader coverage of policymaking in Albany and how it affects New York City.
2 minute read
January 19, 2024 | Law.com

Colo. Supreme Court: Law Firm's 'Reimbursement Agreement' With Departing Attorney Violates Ethics Rules

The high court held that agreements requiring a lawyer departing a firm pay it an undifferentiated per-client fee for continued representation of those clients are prohibited.
4 minute read

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