NEXT
Sign in to follow

Legaltech News

Despite Growing Tech Challenges, Legal Departments See Legal Tech as More Essential 

Tech purchase cycles are getting longer at legal departments as the dependence on tech is growing, according to the 2023 Legal Technology Survey from Exterro and the Association of Corporate Counsel (ACC).
3 minute read

Delaware Business Court Insider

Chancery Cautions Against Overzealous Redactions in Books and Records Productions

In Ontario Provincial Council of Carpenters' Pension Trust Fund v. Walton, Vice Chancellor Laster mostly denied motions to dismiss claims against officers and directors of Walmart for allegedly causing Walmart to fail to comply with the Controlled Substances Act and a settlement between it and the DEA related to Walmart's handling of opioid prescriptions.
7 minute read

Delaware Business Court Insider

Chancery Holds Covenants Not to Sue for Breach of Fiduciary Duty Are Enforceable Only in Part

The court reasoned that Delaware law permits such covenants, subject to two ifs and one but—and declined to dismiss, reasoning that the covenant at issue was valid but that plaintiffs had adequately pleaded intentional fiduciary misconduct.
8 minute read

Corporate Counsel

ESG Backlash Creates Maze of Challenges for GCs

"The world wants companies to take positions on the issues," said Rob Chesnut, a former general counsel of Airbnb. "You might want to duck it in some cases, but sometimes you can't."
5 minute read

Corporate Counsel

Global Competition Regulators Look Ahead at Enforcement Goals

Continued robust enforcement of antitrust laws in the tech and digital markets, and grounding killer acquisitions were key themes during the Enforcers Roundtable.
8 minute read

Delaware Business Court Insider

Supreme Court Affirms Decision That the SolarCity Acquisition was Entirely Fair

Writing for the court en banc, Justice Karen L. Valihura explained why the stockholder-plaintiffs' arguments did not undermine the Court of Chancery's conclusions as to either "fair dealing" or "fair price."
5 minute read

Delaware Business Court Insider

Guidance on Drafting Proxies Under Delaware Law

A recent opinion from the U.S. Bankruptcy Court for the District of Delaware, In re CII Parent, provides helpful guidance on drafting proxies and highlights potential pitfalls for the unwary, including in relation to the proxyholder's power to execute and deliver stockholder consents.
7 minute read

Delaware Business Court Insider

Lax Title Transfer Compliance Netted Carvana Insiders Billions, Lawsuit Alleges

A complaint brings Caremark, Massey, Brophy and unjust enrichment claims asserting Carvana's lack of compliance with state laws has lost the company billions of dollars and opened the door for billions more in liability.
3 minute read

New York Law Journal

Abuse of Court Process: This Week in Scott Mollen's Realty Law Digest

Scott Mollen discusses "Fuks v. Rakia Assoc." where the court held the plaintiff engaged in active misconduct and confirmed an award for breach of fiduciary duties. The court opined that the case "rivals the long running dispute in Charles Dickens' novel, Bleak House, and will end no better."
15 minute read

Corporate Counsel

Key Elements of Successful GC and Board Relationships

A relationship of trust, transparency and truth between GC and Board may seem elementary. However, the road to this result is not easy. A relationship of this nature and importance takes time and tremendous effort. And achieving these goals continues to gain complexity in the current corporate environment.
5 minute read

TRENDING STORIES

Law Pro Logo

Featured Firms

Law Offices of Gary Martin Hays & Associates, P.C.

(470) 294-1674

Law Offices of Mark E. Salomone

(857) 444-6468

Smith & Hassler

(713) 739-1250

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • Why Embracing Change Is Essential for Your Legal Department

    Brought to you by DiliTrust

    Download Now

  • International Export and Trade Assistance State Law Survey

    Brought to you by LexisNexis®

    Download Now

  • How This Personal Injury Firm Reduced Client Intake Time by 80%

    Brought to you by PracticePanther

    Download Now

  • The Hidden Cost of Bad Reviews: Why Law Firms & Attorneys Can't Afford a Damaged Online Reputation

    Brought to you by Erase.com

    Download Now