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Legaltech News

Warnings From Southwest's Meltdown—Old Software Creates Legal Risks

With limited resources and unlimited needs, it isn't always easy to choose which tech to invest in. However, the wrong choice can lead to legal liabilities down the line.
4 minute read

International Edition

Ashurst and Pinsent Masons Grow Non-Legal Services

Ashurst has added an EY partner to head its risk advisory group in the UK.
3 minute read

Delaware Business Court Insider

Tesla and Shareholder Debate Final Discovery Disputes in Director Compensation Case

A shareholder's lawyer said Tesla is cherry picking what to redact without proving why it should be redacted.
4 minute read

The Legal Intelligencer

Pa. Lawyers Left Prominent Firms to Start Their Own Last Year

A Kline & Specter partner, a senior M&A counsel at Holland & Knight and a voting shareholder at Buchanan Ingersoll & Rooney all had compelling reasons to make new starts.
7 minute read

Delaware Business Court Insider

Shareholder Redemption Rights Claims Advance in New Chancery Court SPAC Decision

Whether representing a SPAC or not, fiduciaries are required under Delaware law to be transparent with shareholders, Vice Chancellor Lori Will said, noting however that the unique structure of a SPAC leads shareholders to be harmed individually if they aren't able to fairly exercise their redemption rights.
4 minute read

Delaware Business Court Insider

Court of Chancery Issues Guidance on Letters of Request Under the Hague Convention

On Nov. 18, 2022, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery issued an opinion that provides a helpful roadmap for future litigants seeking discovery from foreign nonparties. In In re Cote d'Azur Estate, the court granted a plaintiff's request for the issuance of a letter of request to "obtain the assistance of the central authority in Switzerland to facilitate discovery."
8 minute read

Delaware Business Court Insider

Del. Bankruptcy Court Discusses Whether It Can Amend Bankruptcy Petition to 'De-Designate' a Subchapter V Case

Following this decision, the ability of a party-in-interest to obtain an order from the bankruptcy court de-designating a subchapter V case is uncertain.
8 minute read

Delaware Business Court Insider

In New AmerisourceBergen Decision, Chancery Applies 'Separate Accrual' Laches Analysis for 'Caremark' Red-Flags Claims

The Delaware Court of Chancery largely rejected arguments that laches barred fiduciary duty claims against AmerisourceBergen's directors and officers for acting in bad faith by disregarding red flags in safety reporting and monitoring systems and knowingly operating the business in a manner to violate positive law.
6 minute read

Law.com

How I Made Practice Group Chair: 'Be a Culture Carrier and Reinforce the Values of Your Firm,' Says Audra Cohen of Sullivan & Cromwell

"Say yes to opportunities, even outside of your comfort zone."
6 minute read

Corporate Counsel

Covering Your Bases: Key 2023 Trends in Board Governance 

Strong corporate board governance has never been more important as we head into a new year. It is the linchpin to building high performing organizations and helping organizations stay nimble as they face economic headwinds.
8 minute read

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