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Law.com

How I Made General Counsel: 'The Legal Department Is Not the Department of "No,"' Says Margaret Minister of Evisort

"I recommend lawyers looking to move in-house ask a lot of questions. Don't be afraid of admitting when you don't know something. There are many great mentors and leaders who can help you along the way if you lead with humility."
7 minute read

Corporate Counsel

Two-Minute Drill: Check In on Upcoming State Privacy Laws Now

If your organization or your clients, like many others, are looking at the deadlines for the upcoming state data privacy laws with growing trepidation, you are certainly not alone. Hopefully, you did not postpone all work on your compliance initiatives for upcoming laws out of a hope for broad federal preemption.
10 minute read

Delaware Business Court Insider

Three Lessons From Three Years of Post-'Marchand' Caselaw

This article offers a high-level snapshot of the current state of Caremark jurisprudence by highlighting three key takeaways from the 21 published trial court opinions addressing motions to dismiss Caremark claims issued post-Marchand.
7 minute read

The American Lawyer

Cooley's 'Performance-Based' Layoffs Also Hit High-Achievers

Sources close to the firm said Cooley let go of associates with positive performance reviews due to a lack of work in practices such as venture capital and capital markets.
4 minute read

Delaware Business Court Insider

The Requirements of Equitable Fraud as a Basis for Chancery Court Jurisdiction

The distinction between legal and equitable fraud is not always clearly drawn, yet subject matter jurisdiction in the Delaware Court of Chancery can depend on it.
6 minute read

The American Lawyer

Banking on Midterm Success, Republican Senators Taunt Big Law ESG Leaders and Clients

Five GOP senators wrote the leaders of 51 large ESG practices on Nov. 4 to threaten antitrust scrutiny over alleged "collusive action to restrict the supply of coal, oil, and gas."
3 minute read

Delaware Business Court Insider

Shareholders May Challenge Fair Value for Fractional Interests Under Limited Circumstances

In Samuels v. CCUR Holdings, C.A. No. 2021-0358-PAF (Del. Ch. May 31, 2022), the Delaware Court of Chancery found that a shareholder may challenge the fair value of a payment for a fractional interest in a company under Section 155(2) of the Delaware General Corporation Law (DGCL).
4 minute read

National Law Journal

'If You're Not at the Table, You Can Be on the Menu': Navigating a Potential Power Shift on the Hill

A bipartisan team from K&L Gates details what clients should expect when it comes to implementation of the Infrastructure Investment and CHIPS Act and other big pieces of legislation if control of Congress changes hands.
8 minute read

Delaware Business Court Insider

A Proposal to Permit Equitable Defenses to Noncompliant Acts That Are Described as 'Void' in an LLC Agreement

In CompoSecure v. CardUX, 206 A.3d 808 (Del. 2018), the Delaware Supreme Court held that when parties use the word "void" to describe the consequences of a noncompliant act under an LLC agreement, the act is deemed void ab initio, which as a practical matter, means the act is incurably void.
4 minute read

Corporate Counsel

Beyond ESG Compliance: Legal Counsel as an ESG Champion

Lawyers can help their clients and corporations avoid risk by giving them timely counsel that anticipates the trends likely to drive regulation in the ESG aspects of business.
3 minute read

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