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Coverage of complaints, verdicts, court cases, trends in litigation, including high stakes commercial litigation, MDL and class action cases, and PI cases
By Amanda O'Brien | March 7, 2024
The firm's revenues climbed by 5.5% to hit $653 million. "We're not looking for a business that's up 20% in the good years and down 8% in the bad years," explained firm chairman Michael Heller.
6 minute read
By Cheryl Miller | March 5, 2024
During oral arguments, the justices asked repeatedly why COVID-19 business losses should be covered by commercial property insurance policies.
3 minute read
By Maria Dinzeo | March 4, 2024
"Because Musk decided he didn't want to pay plaintiffs' severance benefits, he simply fired them without reason, then made up fake cause and appointed employees of his various companies to uphold his decision," says a complaint filed Monday by Twitter's former Chief Executive Officer Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Officer Vijaya Gadde, and General Counsel Sean Edgett.
4 minute read
Delaware Business Court Insider
By Maria Dinzeo | March 4, 2024
"Because Musk decided he didn't want to pay plaintiffs' severance benefits, he simply fired them without reason, then made up fake cause and appointed employees of his various companies to uphold his decision," says a complaint filed Monday by Twitter's former Chief Executive Officer Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal Officer Vijaya Gadde, and General Counsel Sean Edgett.
4 minute read
Delaware Business Court Insider
By Riley Brennan | March 4, 2024
According to Delaware Attorney General Kathleen Jennings, Reliance Industries Ltd. is an Indian multinational conglomerate company headquartered in Mumbai with numerous genuine subsidiaries incorporated or formed in Delaware.
3 minute read
By Michael Bongiorno, Susan Muck, Timothy Perla, Jessica Lewis and Megan Barriger | March 4, 2024
In March 2020, the Delaware Supreme Court issued a landmark ruling in 'Salzberg v. Sciabacucchi'. This article addresses developments that have occurred over the past four years since the ruling and highlights key takeaways for practitioners.
10 minute read
Delaware Business Court Insider
By Michael A. Mora | March 1, 2024
"If they don't cut a deal ahead of the planned acquisition, they are like Kamikaze pilots heading toward each other and will financially ruin the deal for each other," said Sean Johnson, a partner at Johnson Newlon & Decort.
4 minute read
Delaware Business Court Insider
By Ross Todd | March 1, 2024
Vice Chancellor J. Travis Laster last year found that the company's largest stockholders were bound to follow a recommendation from the board and vote for a charter amendment to increase the corporation's authorized shares.
7 minute read
By Amanda O'Brien | February 29, 2024
This is the fifth consecutive year in which net income growth surpassed 8.5%, coinciding with the course of the firm's five-year strategic plan.
6 minute read
By Amanda O'Brien | February 22, 2024
Litigators Ray Middleman, Amy Roy and Shane Valenzi left for Baltimore-based Whiteford, Taylor & Preston in 2022, but Eckert CEO Scott Cessar, who started in the role last May, successfully recruited them back.
4 minute read
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In Memoriam: Richard "Dick" K. DeScherer (1944-2024) We mourn the loss of our friend and former partner and Co-Chairman, Richard "Dick" K. DeScherer. Dick was a member of Willkie Farr & Gallagher LLP for more than 24 years. He was the consummate business lawyer, wonderful colleague and true friend. He joined the Bloomberg organization in 2012, a client for whom he had served as their principal legal advisor since their inception, and later was appointed as a member of their board. Dick's knowledge and experience were unparalleled, as evidenced by appointment to leadership and board positions at numerous well-respected organizations. He was deeply involved in civic and community engagements through his work with the S.L.E. (Lupus) Foundation, Lupus Research Institute, United Hospital Fund of New York, Lincoln Center for the Performing Arts, National Dance institute, and Baryshnikov Dance Foundation, among others. He received an LL.M. in Taxation from New York University in 1970, a J.D. from Georgetown University Law Center in 1969, and a B.A. from the University of Virginia in 1966. He was a member of the American Bar Association, the New York State Bar Association and the Association of the Bar of the City of New York. We offer our sincerest condolences to his family, including his wife Jennie, son Christopher and wife Amanda, daughter Kate, and grandchildren Emmett, Serena, George, Emily and Madeline. We will remember Dick with the utmost respect, admiration and affection. His loss will be felt by his many friends and colleagues at Willkie, and by all those whose lives he touched.
Congratulations to FLB Law's Newest Partner Matthias J. Sportini
Welcome Judge Joseph Quinn (Ret.) The Honorable Joseph P. Quinn, J.S.C., retired New Jersey Superior Court Judge, served for 23 years in the court s Civil, Chancery, and Family Divisions, where he was a strong proponent of mediation and alternate dispute resolution. As the head of Ansell.Law s mediation practice, Judge Quinn provides a valuable resource to parties seeking a final and efficient resolution of their disputes. ANSELL GRIMM & AARON, PC 732-922-1000 https://ansell.law/