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International Edition

General Counsel Should Help Prevent Greenwashing, Australia Securities Regulator Says

The Australian Securities & Investments Commission has been very focused on greenwashing and is likely to launch more prosecutions.
5 minute read

Delaware Business Court Insider

Journey Bandmates in Corporate Deadlock Turns to Court of Chancery

Keyboardist Jonathan Cain, represented by Fox Rothschild, has filed a petition for the court to appoint a custodian to act as an independent third director of Freedom 2020 Inc., the operating entity in which Cain and Journey guitarist Neal Schon each hold 50% of the voting stock.
2 minute read

Delaware Business Court Insider

'A Big Black Box'?: What to Expect Now That the DGCL Has Been Amended

The latest batch of changes—which take effect on Thursday—has seen less unanimous support from the corporate bar than the amendment process usually does.
4 minute read

International Edition

Gibson Dunn Guides UK Takeover Panel to Issuing Toughest Ever Punishment

The ten individuals have been punished for breaches to the code from over a decade ago.
2 minute read

Delaware Business Court Insider

Del. Hospital Challenges State's Oversight Plan, Saying It Clashes With Corporate Franchise

DLA Piper and Richards, Layton are representing Christiana Care, wihch is seeking to halt enforcement of a health bill that it says clashes with the state's corporate law.
3 minute read

Corporate Counsel

Tractor Supply CEO Says DEI Dust-Up Had No 'Measurable Impact'

"We learned from others who had gone before us on this and moved fast and tried to remove the perceived political and social agendas from our policies." Tractor Supply CEO Hal Lawton said.
3 minute read

Delaware Business Court Insider

'Unfair and Conflicted'?: Paramount Merger Allegedly Benefits Shari Redstone at Minority Shareholders' Expense, Lawsuit Says

The complaint, filed by Berger Montague, claims the dealmaking process was unfair, with a lack of director independence and no opportunity for a vote on the merger, which is expected to close in 2025.
3 minute read

New York Law Journal

Piercing the Corporate Veil: Finding the Common Thread

A look at the key factor(s) present in most recent cases where the corporate veil was pierced.
13 minute read

New York Law Journal

US Judge Rejects Securities Class Action Against Cannabis Products Maker

Plaintiffs' theories of scienter were backed by vague and speculative claims, U.S. District Judge Paul A. Engelmayer said.
3 minute read

Delaware Business Court Insider

Controlling Stockholder Transactions That Do Not Involve a Freeze-Out Merger May Satisfy MFW to Obtain Business Judgment Review

Since MFW, the Court of Chancery has applied the MFW framework to assess the standard of review of controlling stockholder transactions that did not involve a freeze-out merger, which commentators have referred to as "MFW creep."
5 minute read

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