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The Recorder

Russian Telecom Sues Hewlett Packard Enterprise Over 'Cascading Catastrophic Failures' in Network Upgrade

"At no time did HPE disclose that it would be largely building the system for MegaFon from scratch. Nor did HPE disclose that it had never previously built such a system," the Russian company's lawyers at Winston & Strawn wrote. "Had MegaFon known the truth, it would not have selected HPE."
3 minute read

The Recorder

'Smart Cities' Raise Novel Issues and Novel Risks

The advent of “smart cities”—made possible by the burgeoning “Internet of Things” (IoT)—presents revolutionary opportunities for municipal planners and developers, and the private business enterprises partnering with them.
8 minute read

Daily Business Review

What Would Happen to Your Business if You Died Tomorrow?

Owners continually strive to grow the value of their businesses. It is critically important that the monetary value created in your business is preserved, in the event of your unexpected death or if you suffer a permanent disability.
5 minute read

Delaware Law Weekly

In Parting Shot, Shawe Says Del. Courts Pushed TransPerfect Out of State

Explaining his decision to reincorporate his business in Nevada, TransPerfect co-founder and CEO Philip R. Shawe returned to Delaware last week to deliver a parting shot to the state's legal establishment, saying the Delaware Court of Chancery was too quick to order the profitable translation software company to the auction block.
5 minute read

The Legal Intelligencer

Financial Damage Measurement: A Refresher

As a practicing forensic accountant, I have performed more financial damage analyses than I can remember. I am periodically reminded of this fact when I review and purge files in storage. Invariably, I come across a file (or two) of which I have no immediate recollection.
7 minute read

Delaware Law Weekly

TransPerfect Has Incorporated in Nevada After Long Battle in Del. Over Forced Sale

TransPerfect confirmed the move as Philip Shawe, the software company CEO, was set to attend an event billed as a "deep dive into a notorious Delaware court case," according to the Wilmington History Society. His company will likely never litigate again in the First State.
4 minute read

The Legal Intelligencer

What to Remember as an Attorney Serving on a Nonprofit Board

Serving as a board member on a board of directors for a nonprofit organization can provide a chance to give back to a community or institution in a rewarding and impactful way.
8 minute read

Delaware Business Court Insider

Del. Supreme Court Affirms 'MFW' Dismissal; Clarifies Ab Initio Requirement

In 2014, the Delaware Supreme Court in 'Kahn v. MFW' held that the business judgment standard could apply to review of a controlling stockholder merger if at the outset the controlling stockholder conditioned the squeeze-out transaction on negotiation and approval by a committee of independent and disinterested directors and the informed, uncoerced approval of a majority of the minority stockholders (dual stage approvals).
6 minute read

New York Law Journal

Judicial Dissolution of New York Limited Liability Companies

In this Commercial Division Update, Thomas J. Hall and Judith A. Archer write: '1545 Ocean Ave.' and its progeny have clarified the requirements for satisfying the “not reasonably practicable” standard of §702. While prior case law had typically avoided analysis of the meaning of this standard, the Commercial Division now applies consistent criteria to applications for judicial dissolution of LLCs, providing greater certainty to members who seek dissolution.
8 minute read

New York Law Journal

Continued Efficiencies in the Commercial Division

New York's Commercial Division recently initiated changes that continue its focus on utilizing efficiency, innovation and agility to attract high-stakes complex commercial cases.
7 minute read

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