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Delaware Business Court Insider

Supreme Court Decides Deadline for Notice of Indemnification Claim

A recent Delaware Supreme Court decision provides a lesson for drafters of agreements for the sale of a business by providing an example of the problems caused by a lack of clarity in describing a deadline to send notices of claims for indemnification post-closing.
6 minute read

Law.com

How I Made Partner: 'Work Hard, Be a Team Player, and Lean Into Your Strengths,' Says Helena Tseregounis of Latham & Watkins

"The most successful attorneys know who they are and how to leverage what they're good at."
6 minute read

Corporate Counsel

Russia-Ukraine War Triggers New ESG Considerations

Russia's invasion of Ukraine has forced companies to navigate a new world order and reexamine their environmental, social and governance priorities, especially concerning human rights. Here is how lawyers can help companies respond to the unprecedented crisis.
5 minute read

Daily Business Review

Bilzin Sumberg Corporate and Finance Leader Leaves for CEO Role with Firm Client

After 22 years at Bilzin Sumberg, Jay Sakalo is leaving to oversee Scott Holdings LLC, a family office with institutional and private equity investments previously run by Bilzin client Steven Scott, M.D.
3 minute read

Delaware Business Court Insider

Stark Upholds Granting of Nunc Pro Tunc Retentions by Bankruptcy Court

The U.S. Supreme Court, in a per curiam opinion in 2020, said that the federal courts may issue nunc pro tunc orders, or "now for then" orders, to reflect the reality of what had already occurred.
6 minute read

The American Lawyer

With Outsourcing Needs Rising, Chief Legal Officers Favor Specialized Providers Over Law Firms

Corporate legal and compliance departments are looking to legal technology providers more than law firms to handle an expected increase in outsourced work, according to a new Wolters Kluwer report.
3 minute read

National Law Journal

Grand Jury Fight Over Attorney-Client Privilege Teeing Up in US Supreme Court

At the heart of the case is whether dual-purpose communications involving business and legal advice are privileged.
4 minute read

Law.com

How I Made Partner: 'Approach Hard Situations With Enthusiasm,' Says Julia Forbess of Fenwick & West

"I've found that people like to work with those that are excited by a challenge and approach hard situations with enthusiasm."
6 minute read

Delaware Business Court Insider

Language and Context Lead Chancery to Conclude That Irrevocable Proxy Does Not Bind Subsequent Transferee

Under Section 212(e), a proxy may be made irrevocable "if it states that it is irrevocable and if, and only as long as, it is coupled with an interest sufficient in law to support an irrevocable power." But, once established, does an irrevocable proxy bind only the individual stockholder who granted the proxy, or does it also bind subsequent holders of the stock, too?
6 minute read

New York Law Journal

Steven Donziger Released from Home Detention After Nearly 1,000 Days

The former lawyer who sued Chevron for pollution in Ecuador was on house arrest for more than 800 days while awaiting his criminal contempt trial and following his conviction last July.
3 minute read

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