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Delaware Business Court Insider

Court of Chancery Describes Limitations for Vacating Arbitration Awards

The court's confirmation of the award demonstrates the extent to which a court will go to confirm an arbitration award even where, as the vice chancellor found, the arbitration proceeding and the resulting award were flawed.
9 minute read

Delaware Business Court Insider

Chancery Finds Breach of Noncompetes and Issues Sanctions for Contempt and Spoliation of E-Documents

The Delaware Court of Chancery's post-trial opinion in Gener8 v. Castanon is a helpful resource for anyone looking for a discussion of the elements of a variety of causes of action.
6 minute read

Daily Business Review

Corporate Transparency Act: Where We Are and What Is to Come

With three short months left before the CTA is set to go into effect, existing reporting companies should begin making plans on assembling their reports and possibly seeking guidance from their legal advisers.
4 minute read

Law.com

Shareholder Suit Filed Against Abbott Laboratories Over Nationwide Baby Formula Shortage

The suit named Abbott as well as the company's CEO Robert B. Ford, members of its board of directors, and executive level leaders of the company.
4 minute read

Delaware Business Court Insider

Precedent Dismissing Voting Rights Cases 'Falls Far Short,' Attorney for Fox, Snap Shareholders Says

The right to sue, a Bernstein Litowitz partner argued, is implied in every Delaware charter, referencing how in the past the court has analogized charters with contracts, which frequently have implied terms that can be binding.
4 minute read

Delaware Business Court Insider

Decision Is a Reminder of Limits on Integration Clauses in Matters Arising From 2021 Deal Days

The decision saved threatened claims from a motion to dismiss and is a timely reminder of the limits on integration clauses during a time when corporate and commercial litigators are seeing an uptick in matters arising from acquisitions completed during the busy deal days of 2021.
6 minute read

Delaware Business Court Insider

Lessons From the 'Mindbody' and 'Columbia Pipeline' Decisions 

In two recent post-trial decisions, the Delaware Court of Chancery found that officers of a target company had breached their fiduciary duties in connection with a sale process by acting for personal gain, rather than to maximize stockholder value, that the target boards did not sufficiently manage the officers' conflicts of interest that infected the sale process, and that the acquirors were liable for aiding and abetting certain of the sell-side fiduciary breaches.
17 minute read

The Recorder

Family of Man Killed in October 2021 Plane Crash Files Product Liability Lawsuit Against Textron

While no specific defect was identified in the complaint, it alleges that the plane suffered "a sudden and catastrophic mechanical failure" during its normal flight, "causing the aircraft not to perform as safely as an ordinary consumer would have expected it to perform during its flight on October 11, 2021."
4 minute read

The Legal Intelligencer

Troutman Pepper Launches Corporate Espionage Response Team

Legacy firms Troutman Sanders and Pepper Hamilton both had similar capabilities in the area, according to partner Will Taylor, one of the two founders of the group.
6 minute read

The Recorder

Trader Joe's Files Trademark Suit Against Similarly Named Crypto Platform

The complaint was first surfaced by Law.com Radar.
2 minute read

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