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The Recorder

Shareholder Suit: Meta, Mark Zuckerberg Accused of Keeping Status Quo Despite Increased Presence of Online Child Sexual Predators

This case was first 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 among the first to know about new suits in your region, practice area or client sector.
3 minute read

New York Law Journal

AI Offers New Challenges and Opportunities for Trade Secret Protection

New technologies create new challenges for the law. This has certainly been the case for artificial intelligence, which has generated a great deal of discussion, and some litigation, in patent and copyright law. One area that has not been explored is its impact on trade secrets. But recent events indicate that this is about to change.
7 minute read

Delaware Business Court Insider

'Bent on Entrenchment'?: Shareholder Suits Claim 2 Poison Pills Are Anti-Takeover Front for Boards

The two complaints mirror each other, with each citing the same Delaware case law and bringing two breach of fiduciary duty claims—one alleging disclosure violations and the other that board members are using the plans as a means of entrenching themselves.
4 minute read

International Edition

Head of Climate Change at Australia's Minter Ellison Departs for Consultancy

Executives are increasingly grappling with emerging risks and opportunities from climate change.
2 minute read

Delaware Business Court Insider

Advance Notice Bylaw Cross-Appeals Ask Supreme Court for Reframed Analysis

The dispute over advance notice bylaws has triggered similar lawsuits from other corporations.
4 minute read

The Legal Intelligencer

Carrots and Sticks: Crafting Agreements for CTA Compliance

By thoughtfully amending operating and shareholder agreements to include both incentives and penalties for compliance, businesses can not only adhere to the letter of the law but also foster a culture of transparency and accountability.
8 minute read

Delaware Business Court Insider

Chancery Dismisses Derivative Action Based on Plaintiff's Failure to Allege Particularized Facts Demonstrating Demand Futility

As demonstrated by Harrison Metal Capital III v. Mathe, failure to assert well-pleaded allegations showing that a majority of the board is disabled from disinterestedly and independently evaluating whether to bring an action is fatal to a stockholder derivative claim.
5 minute read

New York Law Journal

Splitting Brains: Shareholder Use (and Misuse) of Confidential Board Information

Two recent cases address the question: "How and when that shareholder can use confidential information gained by reason of that board seat?" Authors Adrienne Ward and Elizabeth Gonzalez-Sussman, provide an overview of the cases and offer guidance for activist and institutional investors. They outline distinctly different rulings, why opposite results were reached, and how institutional investors and activists should approach placing directors on a board.
9 minute read

The Legal Intelligencer

Searching for Yes: Defining Consent in Website Data Processing and Online Litigation

Liability under state WESCA claims turns on whether there was there an interception of a communication (and if so, where that interception took place), and whether the party whose communication was intercepted had granted consent. This article focuses on the third element—consent.
7 minute read

Delaware Business Court Insider

'Match' Opinion Stresses Delaware Courts' Focus on Investors, Scrutiny of Controlling Shareholders

"The Delaware courts are going to continue to have a lot of skepticism when it comes to conflicted controller transactions," Fried, Frank, Harris, Shriver & Jacobson senior counsel Gail Weinstein said.
4 minute read

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