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Delaware Business Court Insider

Chancery Adopts Federal Test to Determine Whether to Stay a Civil Case Based on a Criminal Investigation

Neither the Delaware Supreme Court, nor other Delaware state courts have “articulated a specific test” to analyze whether to stay a civil case based on the pendency of a criminal case or investigation.
5 minute read

Delaware Business Court Insider

Glasscock Tosses Derivative Suit Against Citigroup Directors

The Delaware Court of Chancery on Monday dismissed a derivative suit seeking to hold the directors of Citigroup Inc. personally liable for massive losses the company suffered as a result of years of mismanagement and unchecked fraud and regulatory violations.
4 minute read

The Legal Intelligencer

Getting Your Company's Case Removed to Federal Court When Sued in Your 'Home' State

It's no secret that companies sued as defendants generally prefer to litigate in federal court, not state court. Federal courts are presumed to be more predictable, more transparent, and less subject to local biases than state courts.
12 minute read

Corporate Counsel

University of Texas Law Compliance Series Offers Holiday Gift for Compliance Professionals

In November, the University of Texas Law School closed the curtain on a unique compliance series designed to teach compliance through basic core tenets. The modules, which aired in September and November, were moderated by one of your columnists.
4 minute read

The Recorder

How Important Is In-House Experience When Applying for an In-House Job?

All things being equal, candidates possessing in-house experience still hold a healthy competitive advantage in today's legal market. With this said, the requirement has been relaxed and the consideration is a bit more balanced due to the factors noted above, specifically at the junior levels.
4 minute read

Delaware Business Court Insider

Del. Justices Uphold Dismissal of $145M Duke Energy Derivative Suit

The Delaware Supreme Court in a 4-1 decision Friday upheld the dismissal of a derivative suit seeking more than $145 million from the directors of Duke Energy Corp. over the handling of coal ash releases in North Carolina.
4 minute read

Delaware Business Court Insider

Del. Supreme Court Upholds $1.8M Award to Former CFO in Indemnification Suit

The Delaware Supreme Court on Friday upheld a vice chancellor's decision to award a former director of OptimisCorp. $1.8 million to cover the cost of successfully defending allegations that he had plotted to remove the physical services company's chief executive back in 2012.
3 minute read

The American Lawyer

Bernstein Litowitz Finds Role for Investors in Fight Against Sexual Harassment

Can the threat of investor litigation solve sexual harassment problems in the corporate world?
26 minute read

Corporate Counsel

Exxon, 237 Other Firms Commit to Climate Change Reports

One attorney said that the new commitments will place climate change disclosures "front and center," rather than leaving them as a "side issue."
3 minute read

Corporate Counsel

Ole Miss Latest School to Seek New GC After NCAA Probe

Lee Tyner, the University of Mississippi's general counsel, has left the school where he has been the top legal officer since 2003.
4 minute read

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More from ALM

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