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The American Lawyer

Davis Polk, Quinn Emanuel Add Top In-House Talent to White Collar, Corporate Governance Practices

William Hochul, husband of New York Gov. Kathy Hochul, heads to Davis Polk while Quinn Emanuel hired Indigo GC Paul Dacier.
4 minute read

New York Law Journal

Texas Bankruptcy Court Holds Code Overrides State Law on Expulsion

In her Distress Mergers and Acquisitions column, Corinne Ball discusses the recent case "In re Envision Healthcare Corp," where the Bankruptcy Court for the Southern District of Texas confronted an apparent conflict between applicable Delaware law and the Bankruptcy Code, determining that the Bankruptcy Code overrides state law and protects a debtor from expulsion by its fellow LLC members.
12 minute read

Delaware Business Court Insider

Chancery Permits Limited Stockholder Inspection of Nonpublic Books and Records for Better Valuation of Shares

The Delaware Court of Chancery considered whether a stockholder of a publicly traded company was entitled to inspect the books and records of the public company's nonpublic subsidiary for the stated purpose of "more accurately" valuing the public corporation's publicly traded shares.
8 minute read

International Edition

WhatsApp Messages Between Ex-Clifford Chance Lawyer and Brother Examined in Insider Trading Trial

The brothers have been on trial at Southwark Crown Court, after being charged by the FCA with six offences of insider dealing and three offences of fraud by false representation.
2 minute read

Delaware Business Court Insider

Calif. Appellate Court Declares Delaware Exclusive Forum Provision Unenforceable

Publicly traded corporations increasingly adopted exclusive forum provisions to reduce the risk of burdensome and costly multijurisdictional stockholder litigation. State and federal courts around the country regularly enforced the provisions, dismissing cases not brought in the specified jurisdiction.
5 minute read

International Edition

Revolving Door: Ex-Cabinet Minister Joins DLA Piper as Lawyers Take Up Government Roles

The moves reveal a clear pathway between private practice and government.
2 minute read

Delaware Business Court Insider

Delaware High Court: Out-of-State Case Isn't Enough to Dismiss Otherwise Supported Derivative Litigation

It's the first time the state's high court has officially addressed whether or not a Delaware judge can take adjudicative notice of factual findings from another court,.
4 minute read

The Legal Intelligencer

Corporate Transparency Act: Effect on Middle Market Mergers and Acquisitions

Given the CTA's sweeping scope and the extensive information required for compliance, the new legislation will undoubtedly have significant impacts on middle market M&As moving forward.
6 minute read

Delaware Business Court Insider

Four Lessons From Delaware Corporate Litigation You Should Have Learned in 2023

The Court of Chancery and Delaware Supreme Court hammered home several key points multiple times throughout 2023, signaling to litigators that they may want to keep them in mind as they head into the new year.
7 minute read

International Edition

BP Brings in Freshfields to Investigate Former CEO's Alleged Misconduct

BP's former chief executive officer Bernard Looney dramatically resigned earlier this year after admitting he had not been "fully transparent" about personal relationships he had maintained with colleagues.
3 minute read

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