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Delaware Business Court Insider

CBS Board Set to Investigate Moonves Misconduct Allegations

The board of CBS Corp., already embroiled in a fierce legal battle with its controlling shareholder, on Friday indicated that it would investigate allegations of misconduct against CEO Leslie Moonves in response to a forthcoming article by The New Yorker.
1 minute read

Delaware Business Court Insider

Facebook Investor Sues for Records Involving Cambridge Analytica Data Breach

An investor in Facebook Inc. this week sued for access to board documents related to the company's alleged mistreatment of personal user data, which has resulted in multiple privacy scandals and contributed to a historic loss in the social network's market value.
1 minute read

Delaware Business Court Insider

Papa John's Is Sued for Records Involving Founder's Ouster

The founder of Papa John's International Inc. has sued for access to board documents related to his ouster from the pizza chain, after it was reported that he used a racial slur in a company training session.
1 minute read

The Legal Intelligencer

Navigating Immigration Considerations in M&A Transactions

Attorneys tasked with managing international mergers and acquisition (M&A) deals are faced with a myriad of challenges, involving company finances, management principles, foreign regulations and cultural differences.
1 minute read

Global Leaders in Law

The GC Disrupted

How the role of the GC is changing in the face of globalisation and technological advances.
2 minute read

Delaware Business Court Insider

Contractual Duties to Conduct a Business in Accordance With 'Sound Business Practices'

The Delaware Court of Chancery's decision in Wenske v. Blue Bell Creameries, C.A. No. 2017-0699-JRS (July 6, 2018) (Slights, V.C.), highlights an interesting practical challenge faced by parties seeking to impose oversight obligations on a manager charged with operating a business in accordance with sound industry business practices.
1 minute read

Delaware Business Court Insider

Attorneys Defend $129M Fee Request in Suit Over Facebook Stock Plan

Three law firms are pressing their case for $129 million in attorney fees in a shareholder suit over Facebook Inc.'s since-abandoned plan to reform its stock structure in a way that would have given founder Mark Zuckerberg more control over the company.
4 minute read

Delaware Business Court Insider

Twitter Derivative Suit in Del. Stayed in Favor of Calif. Securities Action

A magistrate judge in Delaware on Monday put a derivative suit against Twitter Inc.'s board of directors on pause while the San Francisco-based social media giant defends a similar securities suit in a California federal court.
1 minute read

The Legal Intelligencer

Grand Jury Reports, the Right to Due Process and a Corporation's Reputation

Abraham Lincoln once said, “Character is like a tree and reputation like a shadow. The shadow is what we think of it; the tree is the real thing.” Unfortunately, in a world where opinion often replaces fact, and one negative article or blog post can live on the internet forever, a person's reputation is not always a product of one's true character, particularly online.
1 minute read

Delaware Business Court Insider

Del. Judge Dismisses Challenge to $325M Energy Industry Merger

The Delaware Court of Chancery has dismissed a shareholder challenge to Earthstone Energy Inc.'s $325 million acquisition of a Texas oil and gas firm in 2016, finding that the deal met business-judgment protections for a conflicted transaction.
1 minute read

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