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Delaware Business Court Insider

In CBS Board's Showdown With Shari Redstone, Whose Move Is Next?

The next chapter of CBS Corp.'s ongoing feud with Shari Redstone is set to turn on the validity of a board of directors' vote late Thursday to strip its controlling stockholder of her voting power and whether Redstone's National Amusements Inc. has the authority to block the move.
5 minute read

Corporate Counsel

ADA Lawsuits and Businesses: Take Steps to Avoid Litigation Now

The Americans with Disabilities Act (ADA) became law in 1990, but it is newly urgent for businesses. Lawsuits filed under Title III, which requires businesses that are open to the public to be accessible to people with disabilities, have increased exponentially in recent years.
6 minute read

Delaware Business Court Insider

Glasscock Lets Stand $1B ETE Equity Deal Despite Finding of 'Unfairness'

A Delaware Court of Chancery judge on Thursday refused to cancel a 2016 deal in which Energy Transfer Equity issued $1 billion in equity units, finding there had been no harm to investors. At the same time, however, Vice Chancellor Sam Glasscock III said the transaction was unfair.
5 minute read

Corporate Counsel

AB InBev Toasts to Its New Path on Due Diligence and Compliance

The brewing giant used truly unconventional and high-tech methods to transform compliance on a global scale.
7 minute read

Corporate Counsel

Corporate Counsel Announces Its 2018 Best Legal Departments

Corporate Counsel's editorial department is pleased to announce the honorees of our 2018 Best Legal Departments awards.
2 minute read

Delaware Business Court Insider

Del. Rejects Adequate Alternative Forum as an Independent Threshold Consideration for Forum Non Conveniens Applications

The Delaware Supreme Court recently issued an important decision clarifying Delaware's forum non conveniens FNC law in Hupan v. Philip Morris USA.
1 minute read

Delaware Business Court Insider

CBS Board Votes to Reduce Redstone's Control, Setting Up Court Showdown

CBS Corp.'s board of directors late Thursday voted to strip its controlling stockholder of most of her voting power, setting up the next showdown in the media giant's ongoing struggle with Shari Redstone and her family's National Amusements Inc. for control of the company.
7 minute read

Corporate Counsel

Part of Growing Trend, Anadarko Shareholders Approve Climate Change Resolution

“Shareholders are clearly expressing to companies that they want climate risk in their decision-making,” said one advocate.
3 minute read

Corporate Counsel

Mastering Legal Holds: When Does the Hold Obligation Arise? Part II

In the first of this three-part series on mastering legal holds, I introduced the concept of a legal hold and offered seven steps for implementing a hold.
1 minute read

Delaware Business Court Insider

The 'MFW' Framework Gains Traction Outside the Merger Context

Controlling-stockholder transactions are a regular part of many companies' business; in some cases, they are essential. When challenged, however, such transactions have often been scrutinized under the entire fairness standard, the most exacting standard under Delaware law.
1 minute read

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