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Delaware Business Court Insider

Delaware Supreme Court Upholds Partnership's Anti-Competition Provision

In Cantor Fitzgerald v. Ainslie, the Delaware Supreme Court upheld the validity of a post-employment restriction in a limited partnership agreement. The decision overturned the ruling of the Delaware Court of Chancery invalidating a forfeiture-for-competition provision, which permitted the partnership to withhold distributions to partners who voluntarily withdrew from and then competed with the partnership.
3 minute read

Delaware Business Court Insider

Shareholders May Challenge Corporate Conversion From Delaware on Fairness Grounds

Vice Chancellor J. Travis Laster said the doctrine of entire fairness applies and TripAdvisor shareholders have adequately pleaded a claim that a conversion would affect the value of their investments.
3 minute read

The Legal Intelligencer

NDAs Can Prevent Business Idea Hijackings

A nondisclosure agreement (NDA) can protect against misappropriation and misuse of information.
5 minute read

Delaware Business Court Insider

Glasscock's Plan to Retire From Delaware Chancery Court Is Announced

Vice Chancellor Sam Glasscock, who was sworn in for a second term in July, is expected to step down at the end of the year, closing a 25-year run, first as a master in Chancery and later as vice chancellor.
3 minute read

Law.com

Aetna Hit With ERISA Suit After Minor's Inpatient Mental Health Treatment Denied Coverage

This complaint was first surfaced by Law.com Radar.
4 minute read

The Legal Intelligencer

The 'Company Applicant' Conundrum: CTA's Impact on Law Firms

The most salient element of the CTA for legal practitioners is the definition of the "company applicant" and the required disclosure that this individual is mandated to provide. Understanding and interpreting this definition thrusts law firms into a complex decision-making process, raising fundamental questions about their internal processes, the kind of personal information they are prepared to submit, and, most importantly, how they interact with their clients.
7 minute read

Delaware Business Court Insider

'Grabski v. Andreessen': Chancery Addresses 'Brophy' Claims Against Officers and Directors in a Direct Listing

In Grabski v. Andreessen, the Delaware Court of Chancery declined to dismiss fiduciary claims against officers and directors of Coinbase Global, Inc. who sold shares in a going-public transaction.
6 minute read

National Law Journal

Starbucks Takes Fight Over Union Pins Distribution Ban to DC Circuit

National Labor Relations Board says coffee chain manager illegally prohibited an employee from distributing pins inside store.
4 minute read

Law.com

'Criminal Indifference to Health and Safety:' Highway Laborer Claims Exposure to Toxic PPG, Sherwin-Williams' Products Led to Cancer

This suit was surfaced by Law.com Radar, ALM's source for immediate alerting on just-filed cases in state and federal courts. Law.com Radar now offers state court coverage nationwide. Sign up today and be first to know about new suits in your region, practice area or client sector.
3 minute read

National Law Journal

Judges Slam 9th Circuit's 'Minimum Contacts' Rule as 'Needless Roadblock' for Plaintiffs

"Imagine requiring a state sponsor of terrorism to have minimum contacts with our country before allowing our citizens to vindicate the death or injury of a loved one....," Judge Patrick Bumatay wrote on behalf of the dissenters.
4 minute read

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