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Texas Lawyer

Texas Court Divided Over Question of Director Liability Under Delaware Law

"If this is an 'interested' director transaction ... the inquiry ceases. In that event, futility of demand has been established by any objective or subjective standard," the dissent said.
6 minute read

The Legal Intelligencer

Pennsylvania Investigative Grand Juries Proposed Rule Changes

On Nov. 26, 2022, the Pennsylvania criminal procedural rules committee published proposed changes to the Pennsylvania Rules of Criminal Procedure predicated on the task force's recommendations and recent case law.
6 minute read

Corporate Counsel

States' War on ESG Investing Could Hinge on Obscure KY Suit

"If you publicly announce your commitment to ESG principles, you should expect scrutiny and take steps now to stand behind this position," said Chris Carlson, an associate at Troutman Pepper.
6 minute read

Corporate Counsel

SEC's New Insider Trading Rules Could Have Some Unintended Consequences

"When you put up barriers to use of 10b5-1 plans, I think you set up scenarios that might create some more urgent circumstances for trading, and those are the ones that are harder for general counsel to make a call on," said Daniel O'Connor, a partner with Ropes and Gray.
5 minute read

The Legal Intelligencer

In Pennsylvania, Manufactured Deadlocks Are Unlikely to Trigger Judicial Dissolution

In disputes among the owners of a closely held company, involuntary judicial dissolution is the nuclear option.
8 minute read

Delaware Business Court Insider

The 18th Annual Review of Key Del. Corporate and Commercial Decisions, Part 2

This list highlights notable decisions that should be of widespread interest to those who work in the corporate and commercial litigation field or who follow the latest developments in this area of Delaware law.
25 minute read

National Law Journal

Hogan Lovells Taps Former DC AG Karl Racine for New State AG Practice

Racine served as the managing partner of Venable prior to being elected to successive terms as attorney general.
5 minute read

International Edition

In Europe, Climate Litigation Grows Teeth

New cases and vigorous enforcement will make "duty of vigilance" for the environment a critical area for European corporations, lawyers say.
5 minute read

Delaware Business Court Insider

Vince McMahon Used Controlling Shareholder Role to Force Board to Reappoint Him, Complaint Says

The complaint said McMahon backed the board into a corner by stating he'd vote against approval of media rights contracts. Kirkland & Ellis is representing the legendary wrestling promoter.
3 minute read

The Legal Intelligencer

'Popa,' 'Facebook,' and 3 Things GCs Should Know About Cookies, Wiretapping and Webpages

If your company has a website that uses cookies to share data with third parties, such as marketing or analytical firms, this article discusses the three things you should know.
7 minute read

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More from ALM

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

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