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New York Law Journal

'Proofreading Is Essential': Justice Reminds Parties While Granting Summary Judgment in Loan Default Case

"This appeal concerns a purported $44 million scrivener's error," Associate Justice Jeffrey Oing of the Appellate Division, First Department wrote in the decision. "It also is a reminder that proofreading is an essential, indispensable tool in the drafting of contracts."
3 minute read

Delaware Business Court Insider

A Legal 'Doomsday'?: Delaware Faces Criticism at Tulane Conference

Merger and acquisition practitioners are having a difficult time figuring out how best to counsel their clients, and litigators are left with questions on how best to make their case to the Court of Chancery.
4 minute read

The Legal Intelligencer

Cozen O'Connor Sees Modest Growth in 2023, Owing to Diversified Revenue Stream

The firm's revenues climbed by 5.5% to hit $653 million. "We're not looking for a business that's up 20% in the good years and down 8% in the bad years," explained firm chairman Michael Heller.
6 minute read

The Recorder

California Supreme Court Wrestles With COVID Insurance Coverage Questions

During oral arguments, the justices asked repeatedly why COVID-19 business losses should be covered by commercial property insurance policies.
3 minute read

The Recorder

Former Twitter Legal Chief, General Counsel and Other Executives Sue Elon Musk for Severance

"Because Musk decided he didn't want to pay plaintiffs' severance benefits, he simply fired them without reason, then made up fake cause and appointed employees of his various companies to uphold his decision," says a complaint filed Monday by Twitter's former Chief Executive Officer Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Officer Vijaya Gadde, and General Counsel Sean Edgett.
4 minute read

Delaware Business Court Insider

Delaware AG Seeks to Pull Certificates of Formation for Companies Allegedly Posing as Affiliates of Fortune 500 Company

According to Delaware Attorney General Kathleen Jennings, Reliance Industries Ltd. is an Indian multinational conglomerate company headquartered in Mumbai with numerous genuine subsidiaries incorporated or formed in Delaware.
3 minute read

New York Law Journal

Four Years In: How Federal Forum Selection Clauses Have Fared Following Delaware's Landmark Decision in 'Salzberg'

In March 2020, the Delaware Supreme Court issued a landmark ruling in 'Salzberg v. Sciabacucchi'. This article addresses developments that have occurred over the past four years since the ruling and highlights key takeaways for practitioners.
10 minute read

International Edition

UK Expected to Relax Litigation Funding Rules, Reversing Supreme Court Ruling

In addition to new legislation, the government said it was also considering options for a wider review of the sector and how third-party litigation funding is carried out.
3 minute read

The Legal Intelligencer

Focused on Long-Term Profit Growth, Blank Rome Sees Strong 2023

This is the fifth consecutive year in which net income growth surpassed 8.5%, coinciding with the course of the firm's five-year strategic plan.
6 minute read

International Edition

UK Government Throws Weight Behind Extensive Anti-SLAPPs Legislation

The government said the decision was 'in response to a rising tide of this pernicious form of litigation', including high-profile cases involving Russian oligarchs and allies of Vladimir Putin.
4 minute read

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