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Del. Supreme Court Unanimously Grants Another Shareholder Win Over Pre-Vote Disclosure
The high court's decision is the latest to map out steps corporations need to take when handling a controller-involved transaction.Johnson & Johnson Launches $6.48B Bankruptcy Plan to Resolve Talc Lawsuits
Wednesday's proposed plan immediately got pushback from lawyers representing ovarian cancer victims: "This is not a done deal," Beasley Allen's Andy Birchfield told Law.com. "There is substantial opposition to this."Chancery Court Emphasizes Nexus Between Unclean Hands Defense and Asserted Claims
In Pilot v. Greg Abel, Vice Chancellor Morgan T. Zurn granted a motion to strike the defenses of unclean hands and in pari delicto because the defenses lacked a sufficient nexus to the contractual claims asserted by the plaintiff.Zurn Declines to Weigh In on Truth Social Forum and Rushing Stock Lockup Lift
The Vice Chancellor said won't speed its consideration of a motion that could lift restrictions on shares of Trump Media & Technology Group Corp.Is Judge Albright's Influence Waning After Random-Assignment Rule?
"If you look at the cases that are new that don't relate back to prior cases, then interest in the district has fallen considerably," Brian Love said.View more book results for the query "*"
Another Roundup Trial Kicks Off in Missouri. Monsanto Faces 3 Plaintiffs
Jury selection began Monday in St. Louis in a case brought by two Ohio women and one woman in Oklahoma.Clare Locke, Securing Overseas Alliance, Plots 'Smart' Growth After Departures
The firm's motivation for forging the alliance is unrelated to the exits of four partners months ago, according to Libby Locke.Chancery Urged to Block Tesla 'Run From Jurisdiction' in Elon Musk Pay Case
Tesla has filed a proxy indicating it would be seeking shareholder votes on a relocation to Texas and whether Musk should receive the 2018 compensation plan that had been struck down by the Court of Chancery.Bankruptcy Court Rejects Equity Holder's Challenge to Revoke Confirmation Order in 'Virgin Orbit'
The equity owner asserted that the confirmation order that was previously entered by the court should be revoked based on the equity owner's claim that value was lost due to improper sale and marketing efforts by the debtors and its professionals both pre- and post-bankruptcy and, as such, they should have been "in the money" and entitled to a distribution under the confirmed plan.Corporate Transparency Act Resource Kit
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