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Delaware Business Court Insider

Without Liability Showing in Tidal Deal, Block's Board 'Free to Make a Terrible Business Decision'

"Although the facts emphasized by plaintiff do not generate tremendous confidence in the transaction committee's process, they fall short of supporting an inference of bad faith," the opinion stated.
3 minute read

International Edition

'Ince' Name to Live On as Buyer Renames Itself

Axiom DWFM reached a deal to rescue the Ince Group in April.
2 minute read

Delaware Business Court Insider

Unity Shareholder: Board Had Duty to Disclose Revenue-Draining Software Status

The complaint claims breaches of fiduciary duty, unjust enrichment and a waste of corporate assets by 12 current and former officers and directors for the San Francisco-based company known for its software products for content creators.
3 minute read

Daily Business Review

Why Fla. Lawyers Should be Mindful of Chancery Court's Decision in 'McDonald's'

All lawyers should be mindful of this recent shift, especially those whose practice involves advising on corporate conduct and misconduct, including those admitted to practice in Florida—given the significant number of Florida companies registered in Delaware and Florida's legal history of following Delaware precedent.
7 minute read

New York Law Journal

Prioritizing Privacy and Data Security in Corporate Sustainability Efforts

Robust privacy policies and data security measures can help mitigate potential risks and ensure that companies are meeting their legal and ethical obligations.
7 minute read

Delaware Business Court Insider

Del. Bankruptcy Court Provides Important Guidance on Pleading Standard Applicable to Recent Addition to Section 547(b) of the Bankruptcy Code

The Delaware bankruptcy court ruled that a plaintiff need not explicitly plead its "due diligence" in investigating its preference cause of action. Rather, a general allegation under Federal Rule of Civil Procedure 9(c) that "all conditions precedent have occurred" suffices.
6 minute read

Legaltech News

Corporate Legal Is Resisting Generative AI. Will Vendors Jump Through Their Hoops?

Corporate legal departments are slow to come to terms with generative AI technology, yet vendors are keen to get a head start on incorporating the disruptive tech into their offerings. Finding a middle ground will require disclosure and communication.
5 minute read

International Edition

DAC Beachcroft in Talks with Private Equity Investor Over Partial Sale

A deal would represent the first major private equity investment in a large commercial UK law firm.
2 minute read

Corporate Counsel

Shareholder Proposals Put Tech Firms on Human Rights Hot Seat

At the same time, activists also are advocating for reforms on core business issues, such as executive pay and stock structures that give insiders outsized voting rights.
6 minute read

Delaware Business Court Insider

Case Over Failure to Blunt Russian Malware Attack Fits Within 'Caremark' Standard, Lawyers Say

Attorneys told the Delaware Supreme Court to revive a complaint that alleges SolarWinds failed to conduct proper oversight that could have maintained the company's cybersecurity.
3 minute read

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