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New York Law Journal

After Decades of Expansion, Palm Restaurant's IP Licensing Suit Leads to $120M Judgment, Fractured Family

In 2012, the Palm's prized intellectual property—its trademarks, service marks and design elements, including its robust menu and caricature-filled walls—became the fighting ground for a legal dispute between long-connected families. Now, an important state Supreme Court bench trial decision has settled the dispute, at least for the time being.
9 minute read

New York Law Journal

Two New Judges Appointed to Bench in Manhattan's Commercial Division

Starting next year, two new judges will be serving on the bench in Manhattan Supreme Court's Commercial Division, one of the world's most highly regarded business courts.
3 minute read

Delaware Business Court Insider

Investors Resist Facebook's Bid to Dismiss Cambridge Analytica Data Breach Suit

In a Chancery Court filing made public Monday, plaintiffs argued that deep conflicts on Facebook exposed the Facebook directors to serious liability for their role in allegedly hiding from users, investors—and the U.S. Congress—Facebook's practice of sharing private data with outside parties.
4 minute read

New York Law Journal

Personal Jurisdiction in the Age of Blockchain

In his Blockchain Law column, Robert A. Schwinger writes: As commercial activity increasingly intertwines with applications of blockchain technology with participants around the world, courts have had to grapple with the personal jurisdiction implications of such arrangements. Will participants in these blockchain applications based outside the United States find themselves subject to U.S. jurisdiction when disputes arise, based on how they have conducted their activities?
9 minute read

Delaware Business Court Insider

Investors Resist Facebook's Bid to Dismiss Cambridge Analytica Data Breach Suit

Plaintiffs argue in a Chancery Court filing made public Monday that deep conflicts exposed the Facebook directors to serious liability for their role in allegedly hiding from users, investors—and the U.S. Congress—Facebook's practice of sharing private data with outside parties.
2 minute read

Litigation Daily

Litigators of the Week: It's No Secret That Kirkland Trio Crushed This Case

More than big money was at stake. James Hurst, Patricia Carson and Diana Watral were determined to protect the "stellar reputations" of their clients, who were accused of being spies and cheats.
9 minute read

Delaware Business Court Insider

Bouchard Tosses Derivative Suit Over CEO's Stock Repurchases

Chancellor Andre G. Bouchard said that while Richardson Electronics' board did mislead plaintiff Steven H. Busch in the run-up to the litigation, it was unclear whether Busch had actually relied on those representations in deciding whether to make a demand that the directors consider pursuing their own litigation.
4 minute read

International Edition

Three BCLP London lawyers made up in first post-merger promotions round

The round adds to legacy BLP's promotions made in April before the merger went live
3 minute read

Law.com

Critical Mass: Judge Greenlights $300 M in Fees in Currency-Exchange Price-Fixing Case. Plus, Complaint Alleges Online Retailer Spied on Shoppers.

Litigation over banks' pricing of currency trades involved several hundred attorneys working over the course of five years, resulting in what the plaintiffs claim is the third largest antitrust class action settlement in history.
7 minute read

Delaware Business Court Insider

Chancery Provides Further Guidance on the Measurement of Synergies in Appraisal Actions

The Delaware Supreme Court's two recent decisions in Dell and DFC strongly endorsed the application of market efficiency principles in appraisal actions, and gave virtually controlling weight to the deal price as the “best evidence” of a company's fair value where a robust sales process was conducted against the backdrop of a well-functioning market for the target's stock.
6 minute read

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