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Delaware Business Court Insider

Strine, in Opinion Reviving Suit Against Zynga, Calls for Caution in Presuming Director Independence

In a decision calling for caution in adhering to the presumption that corporate directors are independent disinterested actors, the Delaware Supreme Court voted Monday 4-1 to revive a derivative suit against the directors of social gaming company Zynga Inc.
14 minute read

Legaltech News

Financial Counsel Prepare for Blockchain Heading Into 2017

As the financial industry speeds toward a blockchain future, industry attorneys are positioning themselves to handle new legal and operational challenges.
13 minute read

The Legal Intelligencer

Feds Seek More Than 17 Years' Jail Time for Fattah

Federal prosecutors want to lock up convicted former Congressman Chaka Fattah for 17-and-a-half to 22 years for racketeering, bribery and other corruption charges, according to a court document.
6 minute read

Delaware Business Court Insider

Billion-Dollar Ponzi Scheme Case Returned to Chancery Court

A Delaware federal judge has sent back to the Delaware Court of Chancery a proposed class and derivative action over an alleged $1 billion "Ponzi-like scheme" at Texas-based limited partnership United Development Funding III, finding that claims for fiduciary breaches, waste and unjust enrichment called for state, and not federal, review.
9 minute read

Delaware Business Court Insider

Glasscock Tosses Derivative Suits Faulting Bank of NY Board

The Delaware Court of Chancery on Wednesday dismissed two derivative suits filed on behalf of the Bank of New York Mellon, which was hit with $1 billion in liability for foreign exchange practices that allegedly duped customers into overpaying for trades.
18 minute read

Corporate Counsel

Trump's Choice of Bharara Sends Message: We'll Bust Corporate Criminals

The decision by President-elect Donald Trump to ask Preet Bharara to stay on as U.S. attorney in Manhattan sends a strong message that the Trump administration is going to be aggressive in prosecuting white-collar crime and corporate misconduct, according to former U.S. Attorney John Wood.
7 minute read

New York Law Journal

Giudice v. W. Scott Harlan

By | December 01, 2016
Lawsuit May Only Be Partly Amended;Fourth Proposed Cause of Action Does Not State Claim
3 minute read

Daily Business Review

How a Young Lawyer Landed a Pro Football GC Job

When the Jacksonville Jaguars take on the Buffalo Bills this Sunday, Cassie Sadowitz will be cheering them on. But she's not just any fan. She's the team's general counsel.
8 minute read

Corporate Counsel

Mayer Brown Revs Up Chicago Corporate Team With Fiat Chrysler GC

Mayer Brown has bolstered its corporate and securities presence in Chicago with the hire of Marjorie Loeb from her former role as a senior vice president and general counsel of Fiat Chrysler Automobiles NV.
26 minute read

The American Lawyer

Mayer Brown Revs Up Chicago Corporate Team With Fiat Chrysler GC

Mayer Brown has bolstered its corporate and securities presence in Chicago with the hire of Marjorie Loeb from her former role as a senior vice president and general counsel of Fiat Chrysler Automobiles NV.
26 minute read

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