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New York Law Journal

Lord & Taylor Data Breach Lawsuit Moved to Manhattan Federal Court

U.S. District Judge Maryellen Noreika granted Lord & Taylor's request to transfer the suit to the U.S. District Court for the Southern District of New York, which is home to the high-end retailer's corporate headquarters and all of its corporate records.
5 minute read

The Legal Intelligencer

Hello? It's Your Client Calling. Where Are Your D&I Initiatives?

Earlier this year, it was a slap in the industry's face and a drawback to any progress thought to have been made when mega firm Paul, Weiss, Rifkind, Wharton & Garrison shared a photo of its class of newly promoted partners.
6 minute read

Delaware Business Court Insider

Chancery Court Interprets Contractual Indemnification Clause

The Delaware Court of Chancery recently analyzed an indemnification clause and performed other contract interpretation in NASDI Holdings v. North American Leasing.
4 minute read

Delaware Business Court Insider

Illegal Pete's Restaurant Group Challenges Rejection of Its Request to Form Del LLC

According to the complaint, officials took issue with the company's name and cited a provision of Delaware's corporation law that allows the state to reject certificates for businesses that "might cause harm to the interests of the public."
4 minute read

The Legal Intelligencer

Expansion of OAG's Power to Regulate Anti-competitive Conduct in the Marketplace

The OAG has tried in vain for years to get Pennsylvania to adopt the full measure of antitrust protections codified under federal law, both through unsuccessful attempts at legislation and in the courts through the attempted creation of antitrust common law.
3 minute read

Delaware Business Court Insider

Investor Suit Seeks AmerisourceBergen Records Related to Opioid Crisis

The lawsuit comes as AmericsourceBergen and other opioid distributors face increasing scrutiny for their role in the opioid crisis.
3 minute read

Litigation Daily

Investor Suit Seeks AmerisourceBergen Opioid Crisis-Related Records

The lawsuit comes as AmericsourceBergen and other opioid distributors face increasing scrutiny for their role in the opioid crisis.
3 minute read

Delaware Business Court Insider

Derivative Suit Accuses Alphabet Directors of Fostering Workplace Harassment

In a Chancery Court shareholder derivative complaint unsealed this week, four New York-based pension funds said corporate directors had failed to maintain internal controls at Alphabet.
4 minute read

Delaware Business Court Insider

Chancery Enjoins Unfair Merger Orchestrated by Controlling Stockholder Pending Corrective Disclosures

Under Delaware law, majority or controlling stockholders owe fiduciary duties to the company and its minority stockholders. Under certain circumstances, however, a stockholder that owns less than 50 percent of the company's outstanding stock can be deemed a controlling stockholder and therefore subject to the same fiduciary obligations.
7 minute read

Delaware Business Court Insider

Del Supreme Court Rejects Ruling That Stock Price, Not Deal Price, Set Fair Value in Appraisal

The unanimous ruling from the Delaware Supreme Court's five justices came as a resounding repudiation of Laster's handling of the case, which the petitioners Verition Partners Master Fund Ltd. had criticized as a personal reaction to being overruled in the Supreme Court's landmark ruling in the separate appraisal of Dell Inc.
5 minute read

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