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April 15, 2024 | Delaware Business Court Insider

Big Law Better, Explained

In this week's Legal Speak episode, McDermott Will & Emery Chair Ira Coleman explains "Big Law Better," his idea on where the legal sector is moving and what elements of previous iterations the industry should be looking to maintain and which it should perhaps relegate to times gone by.
2 minute read
April 12, 2024 | Delaware Business Court Insider

'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."
2 minute read
April 12, 2024 | Delaware Business Court Insider

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.
9 minute read
April 11, 2024 | Delaware Business Court Insider

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.
1 minute read
April 11, 2024 | Delaware Business Court Insider

'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.
4 minute read
Law Journal Press | Digital Book Texas Personal Automobile Insurance Policy 2020 Authors: Janet K. Colaneri, Bret Weatherford View this Book

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April 10, 2024 | Delaware Business Court Insider

Advance Notice Bylaw Cross-Appeals Ask Supreme Court for Reframed Analysis

The dispute over advance notice bylaws has triggered similar lawsuits from other corporations.
4 minute read
April 10, 2024 | Delaware Business Court Insider

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.
8 minute read
April 10, 2024 | Delaware Business Court Insider

Chancery Dismisses Derivative Action Based on Plaintiff's Failure to Allege Particularized Facts Demonstrating Demand Futility

As demonstrated by Harrison Metal Capital III v. Mathe, failure to assert well-pleaded allegations showing that a majority of the board is disabled from disinterestedly and independently evaluating whether to bring an action is fatal to a stockholder derivative claim.
5 minute read
April 10, 2024 | Delaware Business Court Insider

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.
5 minute read
April 09, 2024 | Delaware Business Court Insider

Walmart Secures Dismissal of Drug Investigation Disclosure Claim

U.S. District Chief Judge Colm F. Connolly's decision is a win for the Latham & Watkins and Richards, Layton & Finger team that represented Walmart, CEO Doug McMillon and former CFO Brett Biggs.
2 minute read

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