By Ellen Bardash | March 14, 2023
Saxena White lawyers are saying an investment bank is undermining the core Delaware legal concept that a corporation is meant to be controlled by its board of directors.
By Jessie Yount | Justin Henry | March 14, 2023
As clients scrambled to access and move funds from Silicon Valley Bank accounts over the weekend, many law firms quickly pivoted to provide resources and guidance.
By Ellen Bardash | January 26, 2023
Vice Chancellor Travis Laster's groundbreaking opinion is the latest step in the Court of Chancery case alleging McDonald's and its management ignored red flags pointing to sexual harassment by former CEO Steve Easterbrook.
By Adolfo Pesquera | January 24, 2023
"If this is an 'interested' director transaction ... the inquiry ceases. In that event, futility of demand has been established by any objective or subjective standard," the dissent said.
By Ellen Bardash | January 12, 2023
The complaint said McMahon backed the board into a corner by stating he'd vote against approval of media rights contracts. Kirkland & Ellis is representing the legendary wrestling promoter.
By Ellen Bardash | August 24, 2022
Vice Chancellor Lori Will has issued a rare defense verdict based on the "entire fairness" standard, finding both the negotiation process and price in a fintech acquisition were fair to shareholders.
The American Lawyer | Analysis
By Patrick Smith | July 13, 2022
Some partner billing rates at Wachtell are close to $2,000 an hour while some Wilson Sonsini's rates hover near $1,000.
Delaware Business Court Insider
By Ellen Bardash | May 6, 2022
The crux of the complaint is that under Section 203, Musk is now considered an interested stockholder, and his takeover can't go through until 2025 unless two-thirds of other shareholders vote in favor.
By Ellen Bardash | October 14, 2021
It's the first time the court has had to analyze the merits of such a case at trial, though it reinforces what some Delaware practitioners have thought for years.
By Ellen Bardash | September 24, 2021
The two tests that had been in use for decades are similar enough, Justice Tamika Montgomery-Reeves wrote, that with legal changes since they were decided, blending them modernizes and streamlines how demand futility is weighed.
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