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March 29, 2024 | Delaware Business Court Insider

'David and Goliath' Contract Trial Ends With $11.6M Verdict for Lead Generator

Margolis Edelstein and Rigrodsky Law represented Data Logger Solutions, a Florida LLC, at trial before Judge Eric M. Davis.
2 minute read
March 29, 2024 | Delaware Business Court Insider

Promoting 'Comfortable Diversity' Can Impact Firms' Bottom Lines

In this week's Legal Speak episode, Chanel T. Rowe, of Johnson & Johnson, shares why she thinks promoting "comfortable diversity" can improve firms' bottom lines and how she's helping level the legal playing field.
1 minute read
March 27, 2024 | Delaware Business Court Insider

Why Corporate Attorneys Say Delaware Courts Aren't Pushing Away Their Clients

Corporate practitioners say there's been no signs that there will be any significant corporate exodus from Delaware in the near future.
4 minute read
March 27, 2024 | Delaware Business Court Insider

Big Law Lawyers With Chancery Experience Broker Deal to Take Trump-Backed Truth Social Public

Bondi also represented Digital World in a Delaware Chancery Court dispute with sponsor ARC Global Investments over its entitlement to shares in the combined entity, in which the court ruled in Digital World's favor.
2 minute read
March 27, 2024 | Delaware Business Court Insider

Chancery Dismisses Suit Against Walgreens Directors, Rejecting 'Reflexively Filed' 'Caremark' Claims

"Fueled by hindsight bias," Vice Chancellor Lori W. Will explained, Caremark suits have "proliferated in Delaware" seeking to hold directors personally liable for imperfect efforts, operational struggles and business decisions. But, the court noted, a stockholder's position that the board's response to a corporate crisis merely "came too late and did too little" is insufficient under Caremark, which requires a showing that directors acted in bad faith.
6 minute read
March 26, 2024 | Delaware Business Court Insider

'Just a Bunch of Zeroes and Ones': Crypto Valuation Sets Up 'Battle of Experts' in FTX Bankruptcy

"The difficulty with valuing crypto assets as opposed to other assets is they have no inherent value," a bankruptcy judge observed.
4 minute read
March 25, 2024 | Delaware Business Court Insider

Womble Bond Dickinson US CEO Betty Temple on All That Lateral Growth. And How to Control It.

In this week's Legal Speak episode, Womble Bond Dickinson U.S. CEO Betty Temple discusses how her firm has gone about vetting and integrating lateral candidates to fuel the firm's growth strategy.
1 minute read
March 22, 2024 | Delaware Business Court Insider

Former Employees Accuse X of Stalling, Noncompliance With Arbitration Agreements

According to the petition, the social-media company has delayed hundreds of arbitrations involving ex-employees.
3 minute read
March 22, 2024 | Delaware Business Court Insider

Ninth Circ. Bankruptcy Appellate Panel: Corporate Debtors in Subchapter V Are Not Subject to Discharge Exceptions

Small businesses seeking to reorganize should be mindful of this growing area of case law as they weigh their different reorganization options including, importantly, where they choose to reorganize and what type of reorganization chapter they should pursue.
8 minute read
March 21, 2024 | Delaware Business Court Insider

Patterson Belknap Litigator Confirmed as FTX Examiner

Judge John Dorsey ordered the appointment of Patterson Belknap of counsel Robert Cleary to conduct a 60-day investigation of the FTX collapse.
3 minute read

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