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Delaware Business Court Insider

Del. Justices Uphold Dismissal of $145M Duke Energy Derivative Suit

The Delaware Supreme Court in a 4-1 decision Friday upheld the dismissal of a derivative suit seeking more than $145 million from the directors of Duke Energy Corp. over the handling of coal ash releases in North Carolina.
4 minute read

Corporate Counsel

Texas In-House Lawyers Making More, Spending Less

Everything's bigger in Texas, including in-house attorney pay.
4 minute read

International Edition

Freshfields Singapore Chief to Join Australian Firm as CEO

Gavin MacLaren will become chief executive at Corrs Chambers Westgarth in July 2018 as incumbent John Denton steps down after 17 years in the role.
2 minute read

International Edition

Freshfields Singapore Chief to Join Australian Firm as CEO

Gavin MacLaren will become chief executive at Corrs Chambers Westgarth in July 2018 as incumbent John Denton steps down after 17 years in the role.
2 minute read

Corporate Counsel

Exxon, 237 Other Firms Commit to Climate Change Reports

One attorney said that the new commitments will place climate change disclosures "front and center," rather than leaving them as a "side issue."
3 minute read

The Legal Intelligencer

Justices Take Up Energy Distributor's Appeal of Record PUC Fine

The Pennsylvania Supreme Court has agreed to review whether the Pennsylvania Public Utility Commission's record-high fine against an energy distribution company that allegedly overcharged customers during the 2014 polar vortex was impermissibly excessive.
4 minute read

Corporate Counsel

2017: The Year of Inconsistent FCPA Enforcement

A recent review of enforcement from 2017 showed a lack of consistency in how monitorships were applied, in how recidivist companies were treated, and in when cases prompted both civil and criminal penalties.
11 minute read

Delaware Business Court Insider

Bouchard Tosses Challenge to Conflicted NRG Stock Reclassification

The Delaware Court of Chancery on Monday dismissed an investor suit stemming from a conflicted transaction that extended power giant NRG Energy's control over a subsidiary, finding that minority shareholders had overwhelmingly approved the deal.
3 minute read

The Recorder

In Climate Case, Ninth Circuit Seems Reluctant to Step In

Judge Alex Kozinski, sitting for his first oral argument after the Washington Post reported harassment allegations against him on Dec. 8, appeared to be in the court's minority in a case over whether there's a constitutional right to a livable climate.
3 minute read

Daily Business Review

Shutts & Bowen Attorneys Make Sure Angola Pays for Power

Faced with the seizure of U.S. assets identified by the law firm, Angola paid $45 million for power generated at two plants.
2 minute read

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