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JPMorgan Wins Dismissal in Chancery Case Over Zelle Compliance
Chancellor Kathaleen St.J. McCormick concluded that shareholder plaintiffs failed to adequately plead that JPMorgan's directors knew of and ignored concerns about the bank's compliance with reimbursement laws.'Lion of the Bankruptcy Bar': Ex-Judge Kevin Carey, Hogan Lovells Counsel, Has Died
Carey was hailed as "one of the best bankruptcy judges in the history of the profession."Court Caps Landlord's Bankruptcy Claim Against Lease Guarantor
In In re Cortlandt Liquidating, the U.S. District Court for the Southern District of New York, sitting as an appellate court, reviewed a Bankruptcy Court decision that addressed a number of issues involving a commercial landlord's claims in bankruptcy.Deadline Friday: Mental Health Survey
Our Survey on Mental Health in the Legal Industry is closing, and we need to hear from you—lawyers and all professionals in the legal world.View more book results for the query "*"
'Bent on Entrenchment'?: Shareholder Suits Claim 2 Poison Pills Are Anti-Takeover Front for Boards
The two complaints mirror each other, with each citing the same Delaware case law and bringing two breach of fiduciary duty claims—one alleging disclosure violations and the other that board members are using the plans as a means of entrenching themselves.Advance Notice Bylaw Cross-Appeals Ask Supreme Court for Reframed Analysis
The dispute over advance notice bylaws has triggered similar lawsuits from other corporations.Novolex Holdings: A Rare Look at an RWI Claim Dispute
While RWI policies are manuscripted policies separately negotiated for each transaction, the vast majority contain arbitration clauses, meaning that claim disputes are resolved privately without published court rulings. The recent ruling in 'Novolex Holdings v. Illinois Union Insurance' sheds some light on one of these claim disputes, while also providing important lessons for insurers and M&A practitioners.Terra Luna—Marking the Beginning and the End of the 'Crypto Winter'?
Does Terra's bankruptcy mark the end of the "Crypto Winter"? The recent rebound of the cryptocurrency market seems to suggest so, particularly with Bitcoin setting a new all-time high of $73,805.27 on March 14, 2024.Download Now
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