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February 16, 2024 | Delaware Law Weekly

Glasscock Plans to Retire from Court of Chancery by Year End

Vice Chancellor Sam Glasscock, who was sworn in for a second term in July, is expected to step down at the end of the year, closing a 25-year run, first as a master in Chancery and later as vice chancellor.
3 minute read
January 31, 2024 | The American Lawyer

Big Law Rates Continue Rising, But Trail 2023 Increases So Far

The average Am Law 50 firm upped its rates by 8% to 10% in 2024, according to bankruptcy records.
3 minute read
January 29, 2024 | Legaltech News

The 2024 Legalweek Leaders in Tech Law Awards Winners Are Here!

Law.com and Legaltech News are proud to announce this year's winners for the Legalweek Leaders in Tech Law Awards, celebrating the achievements of law firms, in-house legal departments, providers and ALSPs leading the legal profession into the future through technology and innovation.
17 minute read
January 29, 2024 | Law.com

Judge Who Upheld Addiction Claims Gives Thumbs-Down to Social Media's Appeal Attempt

At a Friday hearing, U.S. District Judge Yvonne Gonzalez Rogers said she planned to reject social media's request to grant interlocutory appeal of her Nov. 14 ruling refusing to dismiss addiction claims.
5 minute read
In re Fox Corp.
Publication Date: 2024-01-29
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Technology Media and Telecom
Court: Delaware Supreme Court
Judge: Justice Seitz
Attorneys:
For plaintiff: Gregory V. Varallo, Daniel E. Meyer, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Mark Lebovitch, Edward G. Timlin, Bernstein Litowitz Berger & Grossmann LLP, New York, NY for appellants.
For defendant: William B. Chandler III, Brad D. Sorrels, Amy L. Simmerman, Daniyal M. Iqbal, Nora M. Crawford, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE; Mark R. Yohalem, Wilson Sonsini Goodrich & Rosati, P.C., Los Angeles, CA; William M. Lafferty, Susan W. Waesco, Alexandra M. Cumings, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE for appellees.
Case number: 2022-1007

Ability to sue corporate officers for fiduciary violations was not a "power, preference, or special right" of a class of stock and thus a proposed amendment to add an officer exculpation clause did not require a separate class vote under the Delaware General Corporation Law.

January 24, 2024 | Legaltech News

Spellbook Raises $20 Million in Series A Funding, Plans New AI Capabilities, Platform Expansion

Spellbook, which offers a generative AI-powered contract drafting and negotiation platform, is planning new developments focused on personalization, end-to-end workflows, accuracy and speed.
4 minute read
January 23, 2024 | The American Lawyer

McDermott Lands Julia Boyd for PE Group, Anticipating Strong Year for Transactions

Boyd, a co-founder of the Senior Women in Private Equity network, is moving her practice from Reed Smith to McDermott, anticipating the bulk of her client base to join her.
2 minute read
January 23, 2024 | Pro Mid Market

Litigation, IP Headlined Big Law Poaching by Midsize Firms in 2023

Rate flexibility and client conflicts drove Big Law attorneys to smaller firms in 2023, leading to gains for Munsch Hardt Kopf & Harr in Texas, Stoel Rives in Oregon and Potter Anderson & Corroon in Delaware.
6 minute read
January 22, 2024 | The Recorder

Willkie Farr Taps Bay Area Gibson Dunn Partner to Help Lead White-Collar Practice

Michael Li-Ming Wong is departing Gibson Dunn after more than 12 years at the firm.
5 minute read
January 19, 2024 | Legaltech News

Legal Tech Rundown: Epiq Launches Compliance Solution, New UnitedLex Appointment, and More

An update on the legal tech market's past few weeks, from product launches to new partnerships.
7 minute read

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