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Specifically focused on corporate purchases and sales and the laws involved with public entitites.
Delaware Business Court Insider
By Ellen Bardash | April 10, 2024
The dispute over advance notice bylaws has triggered similar lawsuits from other corporations.
4 minute read
By Ashleigh Taylor | April 10, 2024
By thoughtfully amending operating and shareholder agreements to include both incentives and penalties for compliance, businesses can not only adhere to the letter of the law but also foster a culture of transparency and accountability.
8 minute read
Delaware Business Court Insider
By Lewis H. Lazarus | April 10, 2024
As demonstrated by Harrison Metal Capital III v. Mathe, failure to assert well-pleaded allegations showing that a majority of the board is disabled from disinterestedly and independently evaluating whether to bring an action is fatal to a stockholder derivative claim.
5 minute read
Delaware Business Court Insider
By Ellen Bardash | April 8, 2024
"The Delaware courts are going to continue to have a lot of skepticism when it comes to conflicted controller transactions," Fried, Frank, Harris, Shriver & Jacobson senior counsel Gail Weinstein said.
4 minute read
By Riley Brennan | April 8, 2024
This complaint was first surfaced by Law.com Radar.
3 minute read
By Riley Brennan | April 2, 2024
This suit was surfaced by Law.com Radar, ALM's source for immediate alerting on just-filed cases in state and federal courts. Law.com Radar now offers state court coverage nationwide.
3 minute read
By Allison Dunn | April 1, 2024
Attorney Donald A. Ecklund, a partner with Carella, Byrne Cecchi, Brody & Agnello in Roseland, New Jersey, filed the suit on behalf of Randeep Singh Khalsa against The Children's Place, and its top leaders, on Feb. 28 in the U.S. District Court for the District of New Jersey after the company announced its preliminary fourth-quarter fiscal year 2023 financial results.
3 minute read
By Kenneth Duvall | April 1, 2024
In the wake of other, significant changes in the law at the Supreme Court in recent years—from Citizens United on campaign finance and Shelby on civil rights law to Bremerton on religious freedom and Dobbs on abortion—only time will tell whether the CTA will survive intact.
5 minute read
Delaware Business Court Insider
By Cliff C. Gardner and TJ Rivera | March 27, 2024
"Fueled by hindsight bias," Vice Chancellor Lori W. Will explained, Caremark suits have "proliferated in Delaware" seeking to hold directors personally liable for imperfect efforts, operational struggles and business decisions. But, the court noted, a stockholder's position that the board's response to a corporate crisis merely "came too late and did too little" is insufficient under Caremark, which requires a showing that directors acted in bad faith.
6 minute read
By Allison Dunn | March 18, 2024
Associate Justice Gregory I. Massing said that Fairfield Inn's alleged knowledge about the plaintiffs' business stay and its "failure to tell them in advance that they could not do business there was unlike neglecting to warn that an elliptical machine in the hotel gym was out of order, and more akin to neglecting to tell arriving guests that rooms are not furnished with beds."
4 minute read
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