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Grupo Mexico Seeks to Overturn Chancery Decision Because of Barred Witness
In oral arguments before the Delaware Supreme Court on Thursday, attorneys for Grupo Mexico SA argued that record-setting awards for damages and attorney fees made by the Delaware Court of Chancery in the Southern Peru shareholder litigation should be reversed because the trial court abused its discretion by refusing to allow a Goldman Sachs adviser to testify.Consumer confidence falls to lowest since February
NEW YORK AP - Americans' confidence in the economy eroded further in July amid worries about a still-stagnant job market. The report raised concerns about the economic recovery and the back-to-school shopping season.The Conference Board, a private research group, said Tuesday that its Consumer Confidence Index slipped to 50.
Merck Recruiting Some Big-Time Help for Vioxx Litigation
With the initial glare of public scrutiny and market recoil over Vioxx behind it, Merck & Co. now is arming for another battle that will be key in determining the company's survival. For the beleaguered pharmaceutical giant, a looming courtroom battle entails building an expansive legal infrastructure to deal with liabilities that could be as much as $18 billion.Sources Expect Three Additional Superior Court Vacancies
As Delaware currently seeks to fill four New Castle County Superior Court judgeships, sources in the Delaware legal community said three additional vacancies are likely to open up within the next two years. According to legal sources, the vacancies will be created by the retirement of Judges Jerome O. Herlihy, Jan R. Jurden and Charles H. Toliver IV.
Anita Hill Joins D.C. Plaintiffs Firm
Anita Hill announced last week that she is returning to Washington part time to take a position at the plaintiffs firm Cohen Milstein Sellers & Toll, saying she wants to merge her academic experience with the on-the-ground practice of civil rights litigation.Was Tension Between Del. Supreme, Chancery Courts on Display at Tulane?
Delaware's corporate bar is buzzing over remarks made in late March by state Supreme Court Chief Justice Myron T. Steele at Tulane University Law School's Corporate Law Institute and whether those comments further escalated the tension between his court and the Delaware Court of Chancery.Trending Stories
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