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Delaware Business Court Insider

Chancery Court Voids Stock Issue in Board Fight

The Delaware Court of Chancery on Thursday ruled that a hurried stock issuance designed to stave off a takeover of the Roma Restaurant Holdings Inc. board was void and could not be counted in a vote to control the company.
4 minute read

Corporate Counsel

What Makes an In-House Career Satisfying? It's Not About the Money

Compensation matters. But while everyone knows that a select group of general counsel are paid handsomely, the fact remains that “BigLaw” law firm attorneys make more versus most of their experience-level counterparts in-house.
3 minute read

Corporate Counsel

Wells Fargo Hires Sarah Dahlgren to Make Peace With Regulators

Dahlgren, who was formerly with the Federal Reserve Bank of New York, played a key role in the Fed's handling of the 2008 financial crisis.
3 minute read

Connecticut Law Tribune

Beware the Risks of Corporate Service

Board service comes with some potential risks that, if not adequately addressed, can result in severe consequences for the attorney, the attorney's firm, and/or the organization.
6 minute read

Corporate Counsel

Constructing a Workplace Environment That Rejects Sexual Harassment

The political and cultural climate surrounding workplace sexual harassment is evolving faster than many companies can address or adapt to on their own. Internal and external stakeholders (management, employees, customers, clients and business partners) have new and heightened expectations about what companies should be doing to prevent and respond to harassment—whether reported or not.
9 minute read

Delaware Business Court Insider

Slights Rejects Conspiracy Allegation as 'Fantasy,' Scuttling Suit Over Russian Space Satellites

The Delaware Court of Chancery on Tuesday extinguished a decadelong civil conspiracy suit stemming from a failed partnership to commercialize Russian satellites, saying that extensive discovery had exposed the plaintiff's central theory as a sham.
3 minute read

The Legal Intelligencer

Municipal Water and Sewer Authorities: When Wall Street Comes Knocking

It has been a year and a half since Pennsylvania's Fair Value Legislation, Act 12 of 2016, 66 Pa. C.S. Section 1329 (Act 12) went into effect in June 2016. Since Act 12's enactment, Pennsylvania has seen an uptick in investor-owned utilities' (IOUs) attempts to privatize municipal water authorities, and IOUs have publicized their plans to focus on “growth through acquisition.”
9 minute read

Delaware Business Court Insider

Plaintiff Who Obtains a Corporate Benefit May Not Target a Stockholder to Pay a Fee Award

In a recent decision, Judge Andre G. Bouchard of the Delaware Court of Chancery addressed the question of whether a plaintiff who obtains a corporate benefit through litigation may target a particular stockholder to pay a common fund fee award.
4 minute read

Corporate Counsel

MSU General Counsel, Legal Department Under Fire in Nassar Sex Abuse Matter

One of the school's trustees is calling on Robert Noto, MSU's top lawyer, to step down.
3 minute read

Corporate Counsel

Face Trial Over Bribery, or Drastically Change? This German Company Chose Change

Bilfinger had two choices: keep doing the same things and risk going to court on criminal charges, or do something radical.
4 minute read

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