0 results for 'Richards, Layton'
A Legal 'Doomsday'?: Delaware Faces Criticism at Tulane Conference
Merger and acquisition practitioners are having a difficult time figuring out how best to counsel their clients, and litigators are left with questions on how best to make their case to the Court of Chancery.'Like Kamikaze Pilots': Lawsuits Land in Delaware Ahead of Trump's Social Media Merger
"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.SEC Calls Terraform's Dentons Retainer 'Opaque Slush Fund' in Bankruptcy Court
The SEC has asked Judge Brendan Linehan Shannon to deny the application unless Dentons returns to Terraform the $81 million still available from its retainer and files engagement letters and agreements about payment with the court.Court denied corporate benefit fee to plaintiffs who were unsuccessful at trial as the appointment of independent directors to the corporation's special litigation committee was too ancillary a benefit to warrant a fee.
Court declined interlocutory review where appeal did not raise novel or conflicting issues of law regarding decision to decline specific performance on a best efforts clause.
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Richards, Layton & Finger Associates Accepted Into LCLD Programs
Richards, Layton & Finger announced that Nicole Henry has been accepted into the 2024 Leadership Council on Legal Diversity (LCLD) Fellows program, and Anastasia Bowes and Maya Jackson have been accepted into the 2024 LCLD Pathfinders program.Buyers in corporate acquisition adequately pled fraud claims where acquisition agreement expressly stated that seller had not changed its accounting practices even though seller's owners expressly accelerated the collection of accounts receivable, which made attached financials inaccurate.
Lower courts erroneously dismissed adversary complaint of property owners to recover improperly withheld oil and gas royalties where property owners, not extractor, had an equitable interest in the funds, and thus a constructive trust was an appropriate mechanism for relief.
Court declined to grant summary judgment for defendants where the parties' joint expert persuasively opined that plaintiffs' complaint qualified as a protective action under relevant Ecuadoran law, making plaintiffs' claims not time-barred under the Delaware borrowing statute.
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