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Delaware Business Court Insider

$90M Suit Between Business Partners Over Real Estate Investment Lands in Chancery Court

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

New York Law Journal

Three Notable Franchise Case Law Developments

This column discusses recent cases tackling questions of exemption, damages, and statute of limitations.
11 minute read

The American Lawyer

Talcum Powder and Triple Doubles: Inside the Rebrand of Miami Lawyer John Ruiz's $33B SPAC

Set to become LifeWallet at the start of 2023, the company doesn't intend to change its core business of Medicare Secondary Payer Act claims recovery, which has so far generated 99% less revenue through Q3 than Ruiz predicted pre-IPO.
3 minute read

Daily Business Review

It's All in the Details: Why Precision Matters in Commercial Real Estate Agreements

Drafting commercial real estate agreements is a comprehensive process. However, when drafting these complex agreements, it is important to pay attention to certain material provisions such as: the quality of title to be conveyed at closing; default provisions; and dispute resolution mechanisms, among several others.
4 minute read

International Edition

UK Supreme Court Rejects Solicitors' Plea to Be Prioritised Above Other Creditors in Client's Insolvency

The landmark decision offers cautionary lessons to solicitors involved with clients entering an insolvency process.
2 minute read

Delaware Business Court Insider

Supreme Court Reverses $690M Liability Decision Against Pipeline Partners

While all five judges agreed the Court of Chancery made a judgment that should be reversed, Valihura wrote the court shouldn't remain silent on whether advice being legally sound is something for a court to decide when determining if it was made in good faith or not.
4 minute read

New York Law Journal

'Worthy' Clarifies Rights of Secured Creditors Under UCC

In a unanimous decision in 'Worthy Lending v. New Style Contactors', written by Judge Rowan D. Wilson, the Court held that the holder of a presently exercisable security interest in a debtor's receivables is included within the ambit of an "assignee" entitled under UCC 9-406 to receive payments directly from an account debtor after providing the account debtor with notice of the assignment.
7 minute read

Delaware Business Court Insider

Insurers Fight Over Obligation to Defend Walmart's Opioid Litigation

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

New York Law Journal

Assignments and Security Interests Under UCC Article 9: A Worthy Decision

The March 2020 Commentary and its accompanying amendments to the Official Comments are critical steps in getting the commercial finance industry and, more importantly, courts aligned on how 9-406 and 9-607 work in concert.
11 minute read

Delaware Business Court Insider

After Putting on Brakes for Class Actions, EV Derivative Suits Gear Up for 2023 Dates

Across the total of five federal and three Chancery matters pending in Delaware against EV companies, three are currently stayed entirely, on hold for separate securities class actions.
3 minute read

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