Delaware Business Court Insider | News
By Ellen Bardash | February 20, 2024
Vice Chancellor J. Travis Laster said the doctrine of entire fairness applies and TripAdvisor shareholders have adequately pleaded a claim that a conversion would affect the value of their investments.
Delaware Business Court Insider | News
By Ellen Bardash | February 16, 2024
Vice Chancellor Sam Glasscock, who was sworn in for a second term in July, is expected to step down at the end of the year, closing a 25-year run, first as a master in Chancery and later as vice chancellor.
The Legal Intelligencer | Commentary
By Ashleigh Taylor | February 14, 2024
The most salient element of the CTA for legal practitioners is the definition of the "company applicant" and the required disclosure that this individual is mandated to provide. Understanding and interpreting this definition thrusts law firms into a complex decision-making process, raising fundamental questions about their internal processes, the kind of personal information they are prepared to submit, and, most importantly, how they interact with their clients.
Delaware Business Court Insider | Commentary
By Nathaniel J. Stuhlmiller | February 14, 2024
In Grabski v. Andreessen, the Delaware Court of Chancery declined to dismiss fiduciary claims against officers and directors of Coinbase Global, Inc. who sold shares in a going-public transaction.
Delaware Business Court Insider
By Ellen Bardash | February 13, 2024
The class seeks to represent Whirlpool customers who, plaintiffs say, have seen ice makers, water dispensers and other features stop working because of the quality of wiring that runs through their freezer doors.
Delaware Business Court Insider
By Greg Andrews | February 9, 2024
Boards of directors will need to take a closer look at which directors are truly independent and ensure they negotiate pay packages, not just acquiesce.
The Legal Intelligencer | Commentary
By Francis J. Lawall and Brenden S. Dahrouge | February 9, 2024
The now infamous Chapter 11 bankruptcy case of FTX Trading Ltd. (FTX), once a multibillion-dollar cryptocurrency company, has reemerged in a dispute over this very important issue. On appeal, the U.S. Court of Appeals for the Third Circuit recently held that the plain text of Section 1104(c)(2) mandates the appointment of an examiner under the specified conditions set forth.
Delaware Business Court Insider | News
By Ellen Bardash | February 7, 2024
The case, one attornmey said, uniquely issues of administrative, agency and securities law—and how they apply to a deal made at a time when regulatory standards for the crypto industry are evolving.
Delaware Business Court Insider | Commentary
By Albert H. Manwaring IV | February 7, 2024
In the court's recent decision, Icahn Partners v. Francis deSouza, the plaintiff Icahn stockholders sought to use privileged and confidential information shared with them by their designated director in a complaint, asserting direct and derivative fiduciary claims against other directors.
Delaware Business Court Insider | News
By Ellen Bardash | February 5, 2024
Plaintiff's counsel was was part of the team that persuaded a Missouri jury to award three plaintiffs who had non-Hodgkin lymphoma a total of $1.56 billion in November.
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement