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CLM Provider Icertis Undergoes Layoffs, With Focus on Sales and Marketing Teams
The layoffs come on the heels of several years of rapid growth for Icertis, which reportedly had around 2,400 employees in late 2022.Federal Judge: Bad Blood Over Unrelated Bankruptcy Case Not Grounds to Demand Contract Assurances
"Given that Kearsarge rejected any attempt at cooperation with Skyview, it was unreasonable for it to demand assurances in the form of a bond or letter of credit," stated Judge Patti B. Saris. "Despite a record of full performance between the parties, Kearsarge's demand for a surety for the full notional value of the outstanding trades further supports this conclusion."Appeals Court: Continued At-Will Employment Sufficient Consideration for Restrictive Covenant in NDA
Reversing the lower court, the Connecticut Appellate Court ruled that continued at-will employment can be sufficient consideration for a restrictive covenant in a nondisclosure agreement.United Healthcare Services Sues Investment Company to Enforce Stand-Down Agreement
This suit was surfaced by Law.com Radar. Read the complaint here.Del. Supreme Court Argument Focuses on Contractual Meaning of 'And'
The dispute came down to whether "and" meant two circumstances needed to apply, or if one of them--a chief marketing officer's termination--alone was enough.View more book results for the query "*"
Conjunction Confusion: Del Supreme Court Considers Contractual Meaning of 'And'
The dispute came down to whether "and" meant two circumstances needed to apply, or if one of them--a chief marketing officer's termination--alone was enough.BREAKING: $82M Broward Verdict: Jury Returns 8-Figure Award in Case Involving Celebrity
Representing rapper Flo Rida were attorneys John Uustal and Cristina Pierson of the Kelley Uustal law firm in Fort Lauderdale.Development Issues for Tenants to Consider In Build to Suit Leases
There are several issues and terms to consider related to the development process that differentiate build to suit leases from a standard commercial lease that are important for the tenant to understand to effectively manage costs and effectively protect itself from delays in the development schedule.Supreme Court Stresses Jurisdiction Consistency in D&O Insurance Disputes
The opinion links two other recent Supreme Court decisions that have set precedent in resolving disputes over D&O insurance coverage, all clarifying the role Delaware laws play in D&O coverage contracts.A Blank Commencement Date; J-51 Program: This Week in Scott Mollen's Realty Law Digest
In this edition of his Realty Law Digest, Scott Mollen discusses "17 Lexington Ave. LLC v. Alison Six Star," where a blank commencement date did not render the subject lease agreement unenforceable, and "Spiegel v. 85th Estates Co.," where the court certified a class action in a tenants' suit against the landlord.