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The Legal Intelligencer

Justices Set to Mull Attorney-Client Privilege in Derivative Actions

The Pennsylvania Supreme Court has agreed to hear arguments in a case about the complex attorney-client privilege issues that can arise during derivative actions involving nonprofit corporations and special investigating committees.
8 minute read

Delaware Business Court Insider

Third Circuit Denies Expedited Appeal in Bid to Stop TransPerfect Sale

A federal appeals court is unlikely to rule on Philip R. Shawe's constitutional challenge to the forced sale of TransPerfect Global Inc., the firm's co-founder acknowledged on Tuesday, after briefing was scheduled to wrap up next month.
3 minute read

Delaware Business Court Insider

Chancery Court Tosses Derivative Challenge to African Oil Transaction

The Delaware Court of Chancery on Tuesday dismissed a derivative suit filed on behalf of Erin Energy Corp., saying the company's board had successfully pushed back against alleged attempts by its controller to play all sides of a three-way transaction to acquire oil mining rights in Africa.
11 minute read

The American Lawyer

As Paradise Papers Sizzle Appleby, What's Next for Offshore Firms?

The offshore legal industry largely avoided a regulatory crackdown in the wake of the Panama Papers. Will the same be true after the Paradise Papers?
6 minute read

Delaware Business Court Insider

Laster Denies Stay of Fraud Suit in Wake of Federal Subpoenas

The Delaware Court of Chancery on Thursday refused a request by Citadel Plastics Holdings to delay a fraud suit stemming from its $800 million sale to plastics supplier A. Schulman Inc. after federal prosecutors subpoenaed five defendants in a parallel criminal probe, saying it was not yet clear to what extent the two cases would overlap.
4 minute read

Daily Report Online

High Court Remands Open Records Dispute About Northside Hospital

The Georgia Supreme Court has remanded a case over whether records of Northside Hospital are covered by the state's Open Records Act. The records were sought by a lawyer representing an unidentified client who argued that they are public documents because Northside's facilities are owned by the Fulton County Hospital Authority.
5 minute read

Delaware Business Court Insider

Weinstein Co. Doubts Disgraced Producer's Motivation to Open Corporate Books

The Weinstein Co. on Wednesday argued that Harvey Weinstein was using a Delaware books-and-records suit to evade discovery rules in a private arbitration, where the disgraced film producer is pursuing wrongful termination claims against the company he helped to found.
12 minute read

National Law Journal

Topsy-Turvy at Main Justice

In late fall 2012, Joseph Palmore, then an assistant to the U.S. solicitor general, stood at the lectern in the U.S. Supreme Court fully prepared to argue about appropriate remedies in an employee-retirement dispute not on many radars as a must-watch case. He neither expected nor prepared for an annoyed Chief Justice John Roberts Jr.
10 minute read

Supreme Court Brief

Colorado Baker's Supreme Court Case Could Upend Corporation-Shareholder Relationship

The Colorado man who refused to bake a wedding cake for a gay couple—a dispute now at the heart of a U.S. Supreme Court case—isn't the only party to his challenge. His company, Masterpiece Cakeshop, is also a party, and a decision in favor of the baker could have wider implications for corporations and shareholders.
7 minute read

Delaware Business Court Insider

Bob Evans Sued Over $1.5B Merger

A shareholder in Bob Evans Inc. on Tuesday filed a proposed class action accusing the company and its board of misleading investors earlier this month in order to secure support for a planned $1.5 billion merger with packaged goods company Post Holdings Inc.
7 minute read

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