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October 25, 2022 | Delaware Law Weekly

'Don't Waste the Court's Time': A Delaware Chancery Court Primer from Paul Weiss's Andre Bouchard

"You've got to jealously guard when you get the court involved in matters," says Bouchard, the former Chancellor of Delaware's Court of Chancery, now a partner at Paul Weiss.
10 minute read
October 25, 2022 | Delaware Business Court Insider

'Don't Waste the Court's Time': An Interview With Paul Weiss's Andre Bouchard On Building a Successful Chancery Court Practice

"You've got to jealously guard when you get the court involved in matters," says Bouchard, the former Chancellor of Delaware's Court of Chancery, now a partner at Paul Weiss.
10 minute read
October 13, 2022 | Delaware Business Court Insider

Court Orders Twitter to Respond in Case for Oversight, Musk Deal Records

The order is the latest development in a relatively busy week for the trio of distinct Chancery cases concerning the deal and Twitter's disclosure of user metrics, all of which are on Chancellor Kathaleen McCormick's docket.
3 minute read
October 13, 2022 | Delaware Law Weekly

McCormick Orders Twitter to Respond in Shareholder Oversight Case Involving Musk Deal Records

The order is the latest development in a relatively busy week for the trio of distinct Chancery cases concerning the deal and Twitter's disclosure of user metrics, all of which are on Chancellor Kathaleen McCormick's docket.
3 minute read
October 13, 2022 | New York Law Journal

Equitable Review in the Delaware Court of Chancery: Revisiting 'Schnell,' 'Blasius' and the Court's Role as Equitable Gatekeeper To Protect the Stockholder Franchise

A string of recent Delaware decisions have reaffirmed the critical role the Delaware courts play in ensuring that corporate transactions are "twice-tested"—for both legal validity and equitable fairness. These holdings affirm that the demanding standards set forth in 'Schnell' and 'Blasius' are alive and well, particularly when it comes to director actions that burden or interfere with the stockholder franchise.
8 minute read
October 12, 2022 | The Legal Intelligencer

Jones Day, Perkins Coie Rake In Legal Bills From Key Pa. Campaigns

U.S. Senate candidate Mehmet Oz's expenses far outpace those of rival John Fetterman, as well as Josh Shapiro and Doug Mastriano, who are vying to become the state's next governor.
7 minute read
October 12, 2022 | Delaware Business Court Insider

Dismissal of Bulk of Twitter Shareholder Claims Still Leaves Door Ajar for Recovery of Damages

Delaware law makes it difficult for shareholders to qualify as third-party beneficiaries and sue in the place of corporations when making contract claims.
4 minute read
October 10, 2022 | Daily Business Review

The Most Powerful Buyers in Treasuries Are All Bailing at Once

From Japanese pensions and life insurers to foreign governments and U.S. commercial banks, where once they were lining up to get their hands on U.S. government debt, most have now stepped away.
7 minute read
October 10, 2022 | Delaware Business Court Insider

Twitter-Musk Trial Delayed as Parties Get 3 Weeks to Close Renewed Acquisition Deal

Elon Musk's motion stated as he's now seeking to close on the terms of the original merger agreement, there's no need for a trial seeking the same outcome while delaying payouts to Twitter shareholders.
2 minute read
October 05, 2022 | Delaware Business Court Insider

Chancery Reinforces Del. Law's 'Twice-Tested' Review When Invalidating Board Action Designed to Disenfranchise Stockholders

Unless specifically authorized by Delaware's General Corporate Law (DGCL), the contents of a corporation's charter do not displace directors' fiduciary obligations or override the court's "enhanced scrutiny" review for transactions implicating shareholders' sacrosanct voting rights.
6 minute read

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