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Collectible Maker Funko Wins Motion to Dismiss Securities Class Action
Funko's forward-looking statements fell under a "safe harbor" provision and were therefore not actionable as securities fraud, a Seattle federal judge said. The decision was a win for a team from Latham & Watkins.
DC Circuit Sides With Manufacturers in '340B' Drug Discount Dispute
"[W]e cannot plausibly interpret statutory silence to subject manufacturers to whatever delivery conditions any covered entity might find most convenient," Judge Gregory Katsas wrote for the appeals court.
Death by a Thousand Cuts: Should Big Law Still Invest in Asia?
Some firms in Asia see lingering uncertainty and bad news as a sign that it's time to cut and run. But law firms cannot tout a global offering without having a presence in Asia, writes Jessica Seah in the Asia Legal Briefing.
Latham and Arnold & Porter Build Health Care Regulatory Teams
A conflict at Paul Hastings contributed to Eva Temkin's move to Arnold & Porter, while Latham has lured two partners from Skadden.
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Pennsylvania Commonwealth Court Rules 2024
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Death by a Thousand Cuts: Should Big Law Still Invest in Asia?
Some firms in Asia see lingering uncertainty and bad news as a sign that it's time to cut and run. But law firms cannot tout a global offering without having a presence in Asia, writes Jessica Seah in the Asia Legal Briefing.
Big Law Seeks to Maintain M&A Momentum With Lateral Market Maneuvers
Firms such as Paul Weiss, Sullivan & Cromwell, Akin, K&L Gates and Seyfarth all announced lateral M&A partners in the last week.
Deal Watch: Big Week in Deals as Creative Dealmaking Merges With More Activity
"Each of our clients is getting more inbound phone calls from firms looking to work with them than they did three or four years ago," noted Ben Beerle, a corporate partner with Cooley who handles mergers and acquisitions.
Latham & Watkins Poised to Bring in Cahill Partner Trio in London
It is an effort by Latham to bolster its sponsor-side finance practice in the City, according to a person with knowledge of the move.
Kormos v. Playtika Holding UK II Ltd.
Publication Date: 2024-05-20 Practice Area: Corporate Governance
Industry: Entertainment and Leisure |
Technology Media and Telecom
Court: Court of Chancery Judge: Vice Chancellor Glasscock Attorneys: For plaintiff: Peter B. Andrews, Craig J. Springer, David M. Sborz, Andrew J. Peach, Christopher P. Quinn, Jackson E. Warren, Andrews & Springer LLC, Wilmington, DE; Ned Weinberger, Casimir O. Szustak, Labaton Sucharow LLP, Wilmington, DE; Jeremy S. Friedman, David F.E. Tejtel, Friedman Oster & Tejtel PLLC, Bedford Hills, NY; John Vielandi, Joshua M. Glasser, Labaton Keller Sucharow LLP, New York, NY; D. Seamus Kaskela, Adrienne Bell, Kaskela Law LLC, Newtown Square, PA for plaintiffs. For defendant: Brian C. Ralston, Charles R. Hallinan, Potter Anderson & Corroon LLP, Wilmington, DE; Andrew R. Gray, Ryan A. Walsh, Natasha Pardawala, Latham and Watkins LLP, Costa Mesa, CA; R. Judson Scaggs, Jr., Susan W. Waesco, Kirk C. Andersen, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Dean Kristy, Fenwick & West LLP, San Francisco, CA; Felix S. Lee, Fenwick & West LLP, Mountain View, CA for defendants. Case number: 2023-0396-SG
Breach of fiduciary duty claims failed where plaintiffs failed to allege facts demonstrating that defendants took actions that were to the company's detriment or that interfered with the board's special committee's negotiations for a self-tender.
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