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The American Lawyer

Greenberg Hires Squire's Corporate Governance Leader as SEC Climate Disclosures Drive Demand

Frank Placenti started at Greenberg Traurig's Phoenix office this week after 15 years at the helm of Squire Patton Boggs' corporate governance practice.
3 minute read

Delaware Business Court Insider

What Litigators Need to Know About the Amendments to Section 102(b)(7)

The Delaware legislature has passed a bill to amend Section 102(b)(7) of the General Corporation Law of the State of Delaware to alter the scope of monetary liability for officers of Delaware corporations. Specifically, the amendments extend the opportunity for Delaware corporations to exculpate their officers, in addition to their directors, for monetary liability for certain breaches of fiduciary duty.
10 minute read

Delaware Business Court Insider

Chancery Lacks Jurisdiction to Award Damages for an Improvidently Entered Injunction in the Absence of a Bond

Can the Delaware Court of Chancery award damages to a defendant who was improperly enjoined by an order that dispensed with the need for a bond because of the parties' prior contractual waiver that a bond be required?
7 minute read

Pro Mid Market

Over-Consolidation in Big Law and Legal Operations Can Benefit Midsize Firms, New Report Shows

Midsize firms and boutiques took back market share in 2021 after several years of losing to the Am Law 200, a new Wolters Kluwer report indicates.
3 minute read

The American Lawyer

Why M&A Leaders Aren't Sweating Declining GDP, Rising Interest Rates and Mixed Earnings Reports

Practice leaders are betting on strategic acquisitions and distressed transactions to weather a possible economic decline—and they point to positive indicators too.
4 minute read

New York Law Journal

Everybody Wins: The Benefits of Collaboration Between Company and Board Counsel

During an internal investigation, company counsel and board counsel need to have an alignment of interests—namely, finding the truth and doing what's best for the company. Approaching each interaction with the intention of finding common ground can turn tense and suspicious discussions into productive ones and transform a picture of a fractured organization into a united front.
8 minute read

Corporate Counsel

It's Not 'If' Corporate Legal Departments Are Using Outsourced Providers, But 'When'

Legal process outsourcing offers a flexible way to address many of those concerns without having to make expensive investments in employee training or new in-house hires.
6 minute read

Delaware Business Court Insider

Application of a Voting Limitation in the Company's Charter to Invalidate Stockholder Votes in a Proxy Contest Was Improper

When director actions affect an election of directors or a stockholder vote on matters of corporate control, the board's actions must satisfy enhanced scrutiny under the legal test set forth in Blasius Industries v. Atlas.
4 minute read

Daily Business Review

Greenberg Traurig Advises Phoenix Tower in $930 Million Chile Deal

This deal was surfaced on Law.com Radar. Read about it here.
1 minute read

Delaware Business Court Insider

Equity May Allow a Pro Rata Recovery in a Derivative Action

The Delaware Court of Chancery has broad discretion to tailor a remedy to suit a particular situation. The recovery in a derivative action generally goes to the corporation, but that rule is not absolute.
6 minute read

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