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Delaware Business Court Insider

Facebook Investors Ask Delaware Court for Access to Ad Revenue, Executive Pay Records

The books-and-records suit, filed March 22 by the Southeastern Pennsylvania Transportation Authority and Boston Retirement System, cited a steep decline in Facebook's market value after the company said last July that it expected to see a slowdown in revenue growth.
4 minute read

Law.com

Facebook Investors Ask Court for Access to Ad Revenue and Execs' Pay Records

The books-and-records suit, filed March 22 by the Southeastern Pennsylvania Transportation Authority and Boston Retirement System, cited a steep decline in Facebook's market value after the company said last July that it expected to see a slowdown in revenue growth.
4 minute read

The Legal Intelligencer

Is That Decision-Maker an Expert or an Arbitrator?

In commercial transactions, parties often seek to resolve a disagreement by designating an expert who will decide a particular issue based upon that individual's expertise.
8 minute read

Corporate Counsel

Pre-IPO Compliance Advice for Lyft, Slack, Airbnb and Levi's

As avid users of these services and products, we want these companies to succeed. In the last couple of years, we've been involved with over a half dozen tech company acquisitions and building up their compliance programs.
8 minute read

The Recorder

Private Equity and Impact Investing: Rethinking Exit Opportunities

Private equity, with its appetite for risk and ability to quickly access industry expertise, represents an increasingly promising source of capital for socially conscious and environmentally sustainable enterprises.
7 minute read

Delaware Business Court Insider

Bouchard Tosses Suit Claiming Ex-CEO Pushed Tech Firm's Sale to Fund Retirement

Chancellor Andre G. Bouchard said Wednesday that there were "no concrete facts" to support claims that Charles K. Narang, the former CEO of Virginia-based NCI Inc., had orchestrated the 2017 sale to a private equity fund as a way to liquidate his holdings in the firm.
3 minute read

Litigation Daily

Shout-Out: $26M Win for Clare Locke in Defamation Suit

Husband and wife litigators Tom Clare and Libby Locke—founders of Kirkland & Ellis spin-off boutique Clare Locke—led a team in winning a $26 million defamation verdict against Puma Biotechnology and its CEO.
2 minute read

New York Law Journal

SEC Allowed to Pursue Fraud Claims Against Rio Tinto, Former Executives

A federal judge in Manhattan has allowed the U.S. Securities and Exchange Commission to proceed with a lawsuit accusing the multinational mining firm Rio Tinto and two former executives of fraud in connection with its failed investment in a Mozambique coal project.
4 minute read

The Legal Intelligencer

Preservation: You Can't Produce What You Don't Have

The process of litigation actually begins well before a suit is ever filed. That's why it is so important to understand the rules of preservation as a part of the larger e-discovery picture.
8 minute read

Delaware Business Court Insider

Chancery Applies Flexible Approach to 'Line of Business' Test in Corporate Opportunities

Central to this post-trial opinion is his discussion regarding the contours of the “line of business” test and the need to apply the concept flexibly and sensibly when determining whether a corporation has an interest in a line of business.
8 minute read

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