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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

Delaware Business Court Insider

Laster Sends Challenge to Good Technology Settlement to Arbitration

Vice Chancellor J. Travis Laster sided with the investors, who argued a challenge to a proposed $35 million settlement between Good Technology stockholders and deal adviser J.P. Morgan Securities should play out in private.
17 minute read

Corporate Counsel

Ransomware: What Every Corporate Executive Needs to Know

It's Friday afternoon before the New Year's holiday. A Fortune 500 CEO gets a call from her company's general counsel: “We've been hit by ransomware. We are locked out of our network and can't communicate with our customers. The hackers demanded $30,000 in Bitcoin in the next 24 hours.”
28 minute read

Daily Business Review

Venezuelan Ex-Official Detained in Spain on US Warrant

Spanish police arrested a former deputy Venezuelan energy minister Thursday on a U.S. warrant for alleged involvement in $1 billion bribery scheme…
5 minute read

Delaware Business Court Insider

Harvey Weinstein Sues Weinstein Co. in Chancery Court, Seeking to Eye Records

Disgraced Hollywood producer Harvey Weinstein on Thursday sued The Weinstein Co. in the Delaware Court of Chancery, seeking to access records in order to defend against civil and criminal allegations and to possibly mount a wrongful termination case against the company he founded with his brother in 2005.
4 minute read

Litigation Daily

Shout-Out: Skadden Scores for Viacom Directors Who Kept Paying Ailing Redstone Millions

Viacom directors who greenlighted $13 million in compensation to the company's nonagenarian chairman Sumner Redstone dodged a shareholder suit, thanks to a team from Skadden.
14 minute read

Delaware Business Court Insider

Bouchard Tosses Derivative Suit Over $13M in Viacom Payments to Ailing Redstone

The Delaware Court of Chancery on Wednesday dismissed a derivative suit accusing the Viacom Inc. board of waste and breach of fiduciary duty for paying Sumner Redstone $13 million over the course of three years, even as the former chairman's declining health prevented him from providing valuable services to the company.
4 minute read

Corporate Counsel

What Does 'Reasonable' Mean Under the SEC's New Pay Ratio Disclosure Rules?

U.S. public companies, other than emerging growth and smaller reporting companies, are tackling their first pay ratio disclosures.
7 minute read

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