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Delaware Business Court Insider
By Christopher N. Kelly and Justin T. Hymes | October 18, 2023
In two recent post-trial decisions, the Delaware Court of Chancery found that officers of a target company had breached their fiduciary duties in connection with a sale process by acting for personal gain, rather than to maximize stockholder value, that the target boards did not sufficiently manage the officers' conflicts of interest that infected the sale process, and that the acquirors were liable for aiding and abetting certain of the sell-side fiduciary breaches.
17 minute read
By Amanda O'Brien | October 12, 2023
Legacy firms Troutman Sanders and Pepper Hamilton both had similar capabilities in the area, according to partner Will Taylor, one of the two founders of the group.
6 minute read
By Amanda O'Brien | October 12, 2023
Legacy firms Troutman Sanders and Pepper Hamilton both had similar capabilities in the area, according to partner Will Taylor, one of the two founders of the group.
6 minute read
By Mark Sachs | October 6, 2023
Winning in the court of legal opinion but losing in the court of public opinion is not a scenario any client wants to celebrate. That is why attorneys should counsel their clients to communicate with key audiences and resist the temptation to keep things in-house.
5 minute read
By Dan Roe | October 5, 2023
Not since the global financial crisis have large corporate bankruptcies been as common as they are this year, according to a new report by New Generation Research.
3 minute read
By Dan Roe | September 28, 2023
Irina Tsveklova is the fourth partner hired to the firm's Houston energy team since April.
3 minute read
Delaware Business Court Insider
By Lewis H. Lazarus | September 13, 2023
In IBEW Local Union 480 Defined Contribution Plan and Trust v. Winborne, the Court of Chancery provided guidance concerning the holistic inquiry that the court uses to assess good faith, holding that the plaintiff successfully had pleaded that a majority of the board acted in bad faith in approving a buyout of a liability for $850 million that the company contemporaneously valued at $175.3 million in its audited financial statements.
6 minute read
Delaware Business Court Insider
By Kaan Ekiner and Mark E. Felger | September 6, 2023
Vice Chancellor Sam Glasscock III considered whether a personal relationship between an independent director and a conflicted director was sufficient to corrupt the independent director's loyalty in approving a cash only freeze-out merger.
7 minute read
By Amanda O'Brien | September 5, 2023
Richard Scheff had been the executive chairman at Montgomery McCracken Walker & Rhodes before leading a group to the St. Louis-based firm in 2018.
4 minute read
By Amanda O'Brien | September 5, 2023
The group does not include any associates. "We need to see what the demand looks like," Dilworth chairman Lawrence McMichael said. "We did offer a couple of associates positions, but they went elsewhere."
3 minute read
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Shipman is seeking an associate to join our Labor & Employment practice in our Hartford, New Haven, or Stamford office. Candidates shou...
East Brunswick Law firm concentrating in plaintiff's personal injury, employment law, medical malpractice and worker's compensation seeks an...
McManimon, Scotland & Baumann, LLC is seeking talented and motivated Associate Attorneys with 3-7 years of experience working closely wi...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS