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Delaware Business Court Insider

Controlling Stockholder Transactions That Do Not Involve a Freeze-Out Merger May Satisfy MFW to Obtain Business Judgment Review

Since MFW, the Court of Chancery has applied the MFW framework to assess the standard of review of controlling stockholder transactions that did not involve a freeze-out merger, which commentators have referred to as "MFW creep."
5 minute read

Delaware Law Weekly

Amazon Faces Similar Patent Suit Over Alexa, Echo Technology After $46.7M Jury Verdict Against It

A federal jury in Delaware awarded VoiceBox $46.7 million in damages in November. Last week's complaint alleges that Amazon has continued to infringe upon those previous four patents at issue, as well as five others.
3 minute read

Delaware Business Court Insider

Chancery Signals Overbroad Anticompetitive Agreements Won't Cut It—Again

The ruling represents an exception from the court's customary pro-contract mentality.
4 minute read

New Jersey Law Journal

National Women's Chess Champion Files Whistleblower Lawsuit Against US Chess for Allegedly Mishandling Assault Claims

"As a victim and whistleblower, I am fighting back against campaigns to silence me and retaliate against me for speaking up about sexual violence in chess," said Jennifer Shahade, a two-time national women's chess champion and women chess grand master. "It's been my lifelong mission for women and girls to thrive in this game. I have fought many battles on the chess board and the poker table but this fight for a better chess world is the most important one."
5 minute read

Delaware Business Court Insider

Chancery Confirms Arbitration Award Resulting in Negative Purchase Price

As the Delaware Chancery Court's recent decision in SM Buyer v. RMP Seller Holdings demonstrates, the deference afforded to an arbitrator may result in decisions with which a reviewing court may disagree but that the court is nonetheless bound to confirm.
6 minute read

Law.com

Report: Securities Fraud Losses Claimed Balloon in First Half of 2024

The report from securities litigation data analytics company SAR attributes the rise not to a greater number of SEC Rule 10b-5 complaints being filed in the federal courts, but to drops in stock prices growing larger.
3 minute read

Legaltech News

Vandana Dhamija on Navigating the 'Politics and Personalities' of In-House Tech Procurement

Dhamija, who spent over two decades at organizations like BlackRock, Viacom and J.P. Morgan, noted that the failure to implement the right legal technology in-house is often hard to own up to. But 'calling it' may not always be wise. 
6 minute read

Delaware Business Court Insider

Chancery Finds Governance Provisions of a Pre-IPO Stockholders' Agreement Invalid for Transgressing DGCL

While the Delaware General Corporate Law (DGCL) is a broadly enabling statute, a number of recent decisions have found limits to parties' ability to renegotiate internal corporate governance by "private ordering" outside of the corporate charter and bylaws.
7 minute read

Law.com

Negligence, Premises Liability Claims Against Menards Up to a Jury to Decide, Federal Judge Rules

"There is thus less circumstantial evidence in the record for the court to conclude, as a matter of law, that a reasonable person would indisputably appreciate the risk posed by the door aisle," wrote U.S. District Judge Nancy L. Maldonado.
4 minute read

Texas Lawyer

Federal Jury Returns $847M Patent Infringement Verdict Against Verizon

"The jury properly focused on the technical evidence, and saw through every diversion and side show thrown up by the defendants. Their verdict is a testament to the jury system," said Bartlit Beck partner Glen Summers, the plaintiff's attorney.
3 minute read

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