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Corporate Counsel

Three Steps to Smarter Resource Decisions in 2019

“Do more with less” remains a key directive for in-house legal departments, nearly half of whom —47.3 percent, to be exact—have seen their budgets stagnate or decrease, according to the latest Altman Weil Chief Legal Officer Survey.
5 minute read

Delaware Business Court Insider

New Chancery Court Suit Targets Dell Over Stock Conversion Plan

The suit is the latest challenge to the transaction, which converted shares tied to Dell's interest in a valuable computer visualization firm into shares that tracked the business as a whole.
4 minute read

Delaware Business Court Insider

Investment Fund Led by Ex-Panera Bread CEO in Row Over Chain's Noncompete Agreements

Act III Management said St. Louis, Missouri-based Panera was improperly seeking noncompetition agreements with three Panera employees, in a hiring dispute that exposed the tensions between Panera and the man that oversaw much of the company's growth.
3 minute read

Delaware Business Court Insider

Del. Supreme Court Finds Emails May Be Subject to Production in Books-and-Records Actions

Section 220 of the Delaware General Corporation Law permits a stockholder to inspect the books and records of a corporation, provided that the demand for inspection meets certain form and manner requirements, and the inspection is sought for a proper purpose—e.g., one reasonably related to the interests of stockholders.
5 minute read

Delaware Business Court Insider

Master in Chancery Finds an Enforceable Equitable Mortgage Despite Defects in Execution

In a recent case, Master in Chancery Patricia W. Griffin recommended that the Court of Chancery grant a creditor's motion for summary judgment and order the entry of personal and in rem judgments against its debtors based on a finding that the undisputed facts gave rise to an enforceable equitable mortgage.
6 minute read

Delaware Business Court Insider

Del. Supreme Court Upholds Dismissal in AbbVie Inversion Case

A three-judge panel of the high court Monday upheld, by order, a Chancery Court decision from July that dismissed the suit on demand futility grounds, finding that the directors did not face a substantial risk of liability for their role in scuttling the $55 million deal.
4 minute read

Corporate Counsel

Risk Management Strategy: Top Tips for In-House Counsel

Companies strive to protect their tomorrow in a global context that evolves constantly and rapidly. And they must do so in highly competitive and complex markets, each with a unique political, economic, legal and regulatory framework. Change is constant. Risk is constant. But opportunity also is constant.
5 minute read

Corporate Counsel

The CLO's 'Purposeful' Conversation With the Board

Board members should be briefed on Larry Fink's latest perspectives on corporate purpose, social responsibility and governance, and the chief legal officer (CLO) is the logical corporate officer to conduct that briefing.
6 minute read

Delaware Business Court Insider

Will 'Salzberg' Curtail Arbitration Provisions in Corporate Charters and Bylaws?

The Court of Chancery's holding in Salzberg offers what might seem to be a cautious interpretation of the reach of Delaware corporate law.
7 minute read

Daily Business Review

3 Pillsbury Attorneys With Latin America Expertise Jump to Holland & Knight in New York

Attorneys Peter Baumgaertner, Daniel Brown and Frank Vivero have made the move to Holland & Knight, which focuses heavily on Latin America work.
2 minute read

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