By Ben Hancock | May 15, 2018
Plus, reports from the 'Coachella of Bitcoin'
Corporate Counsel | Expert Opinion
By Gary S. Matsko | May 15, 2018
It is an article of faith that a company seeking to acquire a business without being saddled with its liabilities does so by acquiring assets: “Most jurisdictions, including Massachusetts, follow the traditional corporate law principle that the liabilities of a selling predecessor corporation are not imposed upon the successor corporation which purchases its assets ...,” as in Milliken & Co. v. Duro Textiles, 451 Mass. 547, 556, 887 N.E.2d 244, 254 (2008).
Corporate Counsel | Expert Opinion
By Pooja Mahbubani | May 14, 2018
With sustained economic growth above 7 percent and an exploding start-up culture, the Indian economy is booming. And thanks to the ongoing economic liberalization brought about by the Modi government, it's never been more accessible for foreign companies.
New York Law Journal | Analysis
By Elkan Abramowitz and Jonathan S. Sack | May 11, 2018
White-Collar Crime columnists Elkan Abramowitz and Jonathan S. Sack discuss recent charges brought against an Equifax employee, which raise interesting questions as to when nonpublic information within a public company should be deemed material for purposes of insider trading enforcement.
By Ben Hancock | May 10, 2018
The head of the U.S. Securities and Exchange Commission's cyber unit said participants have been put on notice that more actions and penalties could be in store for violators.
By Tom McParland | May 9, 2018
A Delaware judge has ruled that Verizon Communications Inc. is owed $48 million from insurers from having defended a shareholder suit seeking $14 billion over the telecommunication giant's spinoff of its print and electronic directories business in 2006.
By Dan Packel | May 9, 2018
Steven Metro was charged with stealing stock tips from Simpson Thacher and scribbling them on small pieces of paper that his accomplice chewed up to destroy the evidence.
By Dan Packel | May 9, 2018
Steven Metro was charged with stealing stock tips from Simpson Thacher and scribbling them on small pieces of paper that his accomplice chewed up to destroy the evidence.
Delaware Business Court Insider | Commentary
By Jonathan G. Strauss and Shannon S. Frazier | May 9, 2018
On April 6, the Delaware Corporation Law Section of the Delaware Bar Association proposed some major and minor amendments to the Delaware Limited Liability Company Act. If introduced in and approved by the Delaware General Assembly and the governor, one of the most significant changes will involve the provisions of the act dealing with series LLCs.
Delaware Business Court Insider
By Barry M. Klayman and Mark E. Felger | May 9, 2018
In JMO Wind Down, Chief Bankruptcy Judge Brendan Shannon considered a motion to enjoin a creditor from pursuing claims against various defendants that were pending in a civil action in the Delaware Court of Chancery based on the provisions of the debtor's Chapter 11 plan of liquidation.
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