Delaware Business Court Insider | News
By Ellen Bardash | July 29, 2021
The new lawsuit claims the fast-food giant's flaws were not limited to just Steve Easterbrook's alleged misconduct, with the company consciously de-prioritizing racial diversity in recent years and keeping in place an ineffective system of looking into complaints.
Delaware Business Court Insider | Profile
By Ross Todd | May 4, 2021
Quinn's Andrew Rossman won a ruling from the Delaware Chancery Court late last year allowing a client to walk away from a deal. Last week he got a ruling forcing Kohlberg & Co. to go through with its acquisition of a company that sells cake decorations and technology for use in grocery store bakeries.
Delaware Business Court Insider
By Ellen Bardash | April 13, 2021
Plaintiffs in the multidistrict litigation put forward a reasonable theory to support RICO claims against defendants with nicotine product company Altria and the current and former founders and directors of the e-cigarette maker, U.S. District Judge William Orrick of the Northern District of California said.
Delaware Business Court Insider | News
By Ellen Bardash | February 3, 2021
Because a number of agreements related to Easterbrook's compensation, including his severance, specified that disputes would have to be litigated in Illinois, his counsel argued the case couldn't be pursued in Delaware.
Delaware Business Court Insider | News
By Ellen Bardash | November 13, 2020
Vice Chancellor Joseph R. Slights III repeatedly pushed back against claims made by Kristen Hudson of the Texas-based Benson Firm that allegations against former McDonald's CEO Stephen Easterbrook should be pursued in Illinois.
Delaware Business Court Insider | Commentary
By Daniel Eric Gonzalez and Andrew M. Gordon | March 27, 2020
The WARN Act stands for Workers Adjustment and Retraining Notification Act, and is a federal law that requires covered employers to provide employees with a 60-day advanced notice of the layoffs. The failure of an employer to provide the required notice can open it up to a federal lawsuit by employees.
Delaware Business Court Insider | News
By Tom McParland | June 19, 2019
A unanimous panel of the high court said Tuesday that plaintiff Jack L. Marchand II had supported claims that two Blue Bell executives, and the company's board, had failed to implement any system to monitor the safety of the Texas-based company's product and its compliance with state and federal regulations.
Delaware Business Court Insider | News
By Tom McParland | May 8, 2019
The opinion represented a mixed result for both Dole and its insurers on competing motions for summary judgment in the case, which stemmed from two settlements resolving shareholder claims that Dole and its president and CEO, David H. Murdock, had manipulated the company's stock price when Murdock took Dole private in 2013.
Delaware Business Court Insider | News
By Tom McParland | April 24, 2019
According to the complaint, officials took issue with the company's name and cited a provision of Delaware's corporation law that allows the state to reject certificates for businesses that "might cause harm to the interests of the public."
Delaware Business Court Insider | News
By Tom McParland | March 6, 2019
The agreement, filed this week with the U.S. Securities and Exchange Commission, also requires Papa John's to sever a voting agreement with an activist investor and scrap a provision of its poison pill that prevented stockholders from opposing certain board actions.
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