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Delaware Business Court Insider

Pharma CEO Owes $5.9M in Legal Fees, Despite Presidential Pardon

Keker, Van Nest & Peters and Morris, Nichols, Arsht & Tunnell notched a win on behalf of InterMune Inc. and Roche Holdings Inc., which argued that the former executive—who was pardoned by former President Donald Trump—was not indemnified in an advancement clawback action and must repay the companies for legal expenses.
3 minute read

The Recorder

Elon Musk Sues OpenAI, Sam Altman on Fraud and Breach-of-Contract Claims

According to the 83-page complaint, filed Monday in California's Northern District by Toberoff & Associates, Altman "induced" Musk to finance OpenAI by deceiving him about his intent to convert the company into a for-profit enterprise and feigning shared concerns about the "existential dangers" of artificial intelligence.
4 minute read

Daily Business Review

Miami Attorney Secures Major Arbitration Win for Malcolm Drilling in $15M Dispute

"My experts teach me whatever the case is," said Stuart Sobel of Siegfried Rivera, reflecting on his big arbitration victory.
4 minute read

The Legal Intelligencer

Philips Sues Lab Over Allegedly Faulty Research That Spurred Major Breathing Machine Recall

"Philips RS has spent hundreds of millions of dollars toward this recall and would have pursued a different and more focused recall had PSN not made its serious mistakes and greatly overestimated the potential threat to patients," the plaintiffs claimed.
3 minute read

The Recorder

Ex-CNN Host Don Lemon Sues Elon Musk Over Canceled X Contract

Lemon, best known for his 2006-23 tenure on CNN, filed the complaint on Thursday in California Superior Court for San Francisco County. He is represented by Carney Shegerian, founder of Shegerian & Associates. The complaint alleges fraud, negligent misrepresentation, misappropriation of name and likeness, breach of express contract and restitution and unjust enrichment.
4 minute read

Delaware Business Court Insider

Del. Supreme Court Rules Out Earn-Out Violation Claims as Premature

The case may be the first earn-out dispute to be dismissed for lack of ripeness.
3 minute read

Daily Business Review

Miami-Dade Jury Awards $8.3M to Perry Ellis in Breach-of-Contract Litigation

"I don't think we've reached the point as a bar where discovery is really operating the way it's supposed to," said the prevailing party's attorney concerning the case.
4 minute read

The Recorder

Goodwin Procter Secures Defense Win in Chip Designers' M&A Dispute

Silvaco's dispute with Nangate arose from a stock purchase agreement signed by the two parties at the time of acquisition.
4 minute read

Litigation Daily

Litigators of the Week: A Trial Showdown Between Nike and NFL Wide Receiver Odell Beckham Jr.

Maurice Suh, Jeremy Smith and Poonam Kumar of Gibson, Dunn & Crutcher helped Nike whittle Beckham's initial claim for more than $20 million under his endorsement contract to a little more than $800,000 by the time of trial.
10 minute read

Law.com

Sheppard Mullin Wins Injunction for Financial Services Firm in Dispute Over 'Raiding Exemption' Under Broker Recruiting Protocols

The judge concluded that the defendants acted with predation, pointing to recovered digital evidence on some of the defendants' computers that related to their newly-founded financial services firm.
5 minute read

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