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Dual Class Stock: The Shades of Sunset
Corporate Securities columnist John C. Coffee Jr. writes: The most important issue in corporate governance today is dual class capitalization, and the most important recent development is the petition submitted on Oct. 24, 2018 by the Council of Institutional Investors (CII) to both the New York Stock Exchange and Nasdaq, asking them to place a “sunset” on differentials in voting rights.Dispute Resolution Process Applied Only to Suit's Commencement, Not Counterclaims
Firm Should Have Been Substituted in Derivative Action That Should Not Have Been Dismissed
Inmate's Fiduciary Duty Breach, Negligence Claims Dismissed in Suit Over Stolen Funds
Litigators of the Week: In 'Nuclear' Showdown over CBS, Cleary's Kotler and Hou on Top
It's not always obvious who comes out on top when cases settle—but this time, the consensus was clear. “Shari Redstone emerges winner." Cleary Gottlieb's Meredith Kotler and Victor Hou led her litigation team in the fight for control over CBS.How to Avoid a Corporate Board Battle: Lessons From Moonves and Redstone
Corporate Counsel spoke with corporate governance experts about some of the lessons to be learned from the fallout between Shari Redstone, president of CBS's controlling shareholder, and the company's departed CEO Leslie Moonves.CBS Settles Dispute With Shari Redstone, as CEO Resigns Amid Sexual Misconduct Allegations
CBS Corp. has settled its Delaware Court of Chancery lawsuit against controlling stockholder National Amusements Inc., saying Monday that the company would put aside $120 million to pay former CEO Leslie Moonves, pending the outcome of an investigation into allegations that he had sexually harassed women during his time at the network.Latham Among Those Left Hanging in Film Studio's Bankruptcy
Latham & Watkins is owed nearly $500,000 from Open Road Films, according to a Chapter 11 filing by the Los Angeles-based movie studio in Delaware.Appellate DivisionSecond Department
Appellee is a publishing company specializing in test preparation materials and study guides for standardized exams and appellant is a direct competitor.
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