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December 06, 2023 | Delaware Business Court Insider

BitGo Attorney Says Galaxy 'Got Lucky' in Exit From $1.2B Crypto Deal

BitGo is seeking $100 million for a busted $1.2 billion merger. The termination fee in that complaint is thought to be the largest ever requested by a cryptocurrency company.
4 minute read
December 06, 2023 | Delaware Business Court Insider

What Does My Signature Page Attach To? An Important Lesson in Contracting

In Braga, an investor sought to rescind an agreement and recoup its investment based on a fraudulent inducement theory after the investor's relationship with the deal sponsor turned sour. The Delaware Court of Chancery refused to undo the transaction and the investor was left with several expensive lessons in deal making.
6 minute read
December 06, 2023 | Delaware Business Court Insider

From Delaware to California: How a Kirkland Partner Handled Simultaneous Weeklong Arbitrations on Either Coast

With arbitrations for Silicon Valley venture fund Social + Capital and a portfolio company of Pegasus Capital Advisors pushing off the same week in early June, Kirkland's Josh Greenblatt couldn't be two places at once … but his junior colleagues could.
5 minute read
December 04, 2023 | Delaware Business Court Insider

Cravath Team Behind Tesla's Landmark Entire Fairness Standard Win Honored For Work

As one of The American Lawyer's Litigation Department of the Year finalists, Cravath's litigation team is at the ready to handle any complex, pivotal case that comes its way.
5 minute read
December 01, 2023 | Delaware Business Court Insider

Why It's Exciting to Be a Defense Attorney During Polarizing Times

In this week's episode of Legal Speak, Orrick's Meghan Kelly and Bill Oxley discuss the most surprising findings from their national jury research project.
1 minute read
Law Journal Press | Digital Book Florida Construction Defect Litigation 2022 Authors: Gary L. Brown View this Book

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December 01, 2023 | Delaware Business Court Insider

The Cyber and Privacy Legal Landscape: What Companies Need to Know

As of November 2023, more than 40 states have introduced proactive cybersecurity legislation, and at least 20 states adopted proactive privacy and/or cybersecurity laws. Included below is a sampling of states and federal proactive laws adopted as of this writing as well as tips for identifying which of these laws may apply to you, and other recommended best practices to meet the mandates of these laws.
10 minute read
November 29, 2023 | Delaware Business Court Insider

Insurer Warns Del. Justices of Litigation Flood if Jurisdiction Is Allowed in Pandemic Coverage Disputes

"The consequences of the appellant's overreaching position are potentially severe given, as this court well knows, Delaware has more incorporations than any other U.S. state," Robinson+Cole's Jonathan Small said.
4 minute read
November 29, 2023 | Delaware Business Court Insider

Congress Should Amend the Diversity Statute to Address LLCs

Marc Greewald and Leigha Empson discuss how Congress should amend the diversity statute so that citizenship of LLCs for the purposes of diversity jurisdiction would be determined by the LLC's principal place of business and the state under whose laws it is organized, not by the citizenship of each of its members.
12 minute read
November 28, 2023 | Delaware Business Court Insider

In 'Novel' Jurisdiction Issue, Fed Circuit Limits Where Consumers Can Sue E-Commerce Payment Platforms

The underlying August 2021 lawsuit claims Shopify, whose U.S.-based headquarters is in Delaware, violates California privacy and unfair competition laws by deliberately concealing its involvement in consumer transactions.
3 minute read
November 28, 2023 | Delaware Business Court Insider

Aerospace Co. RTX Faulted for Engine Safety Oversight in New Delaware Suit

Farnan LLP and the Oklahoma firm Federman & Sherwood represent the plaintiff, a shareholder of RTX, which was Raytheon Technologies until the company rebranded in July.
3 minute read

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