0 results for 'Richards Layton Finger PA'
Fiat Wins Valuation Victory in Chancery Court
Italian car manufacturer Fiat SpA won a partial but critical victory in the Delaware Court of Chancery on Tuesday when the court ruled that it correctly interpreted that a $4.6 billion promissory note issued by Chrysler, a company in which Fiat owns a 41.5 percent stake, should be counted as debt. However, the court held that more discovery was needed to resolve other matters such as the final determination on price of shares issued to a health care trust that Fiat sought to acquire.Board Didn't Breach Fiduciary Duties in $1.9 Bil. Buyout
The board of a national security technology company did not breach its fiduciary duties when it approved a $1.9 billion acquisition by a private equity company because there was no evidence it acted in bad faith, the Delaware Court of Chancery has ruled.Debtors Have Burden of Proof in Bankruptcy Dismissal Hearings
Debtors seeking to dismiss a challenge by creditors to a bankruptcy reorganization under the equitable mootness doctrine have the burden of proving that the appeal should be denied, the U.S. Court of Appeals for the Third Circuit has ruled in a precedential opinion. The appellate court issued the opinion when it held that the evidentiary record did not support a federal judge's decision to dismiss creditors' appeal of an oil company's restructuring plan under the equitable mootness doctrine.Balance Among Practices Helps State Chug Through Downturn
This has been a rough year economically speaking, and the legal business has not been immune, beset by layoffs and dissolutions, as happened to Philadelphia firm Wolf Block this spring.Poison Pill Not Preclusive in $123 Mil. BioClinica Merger
The Delaware Court of Chancery has denied a motion by shareholders of Pennsylvania-based BioClinica Inc. to expedite their lawsuit against the company, holding that the company did not adopt preclusive deal protection measures when it agreed to a $123 million buyout from JLL Partners Inc.Great Recession Leaves Its Mark on Del. Legal Market
A recent survey of law firms found that more than 75 percent believe that pricing pressure, alternative fee arrangements and efficiency measures will remain part of the legal business even after the Great Recession has faded to a painful memory.Mitigating Financial Adviser Conflicts With Second Adviser
Financial adviser conflicts, whether arising from prior relationships or from the financial adviser's interest in providing buy-side financing, have been a focus in M&A litigation for several years.Strine Orders Dell to Hold October Shareholder Meeting
Delaware Court of Chancery Chancellor Leo E. Strine Jr. has ordered computer maker Dell Inc. to hold its annual shareholder meeting October 17.Trending Stories
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
Unlocking the Power of Early Case Assessment Workflows
Brought to you by Integreon
Download Now
Good Legal Technology is Good Business: A Case for Bringing Employment Issues In-House
Brought to you by LexisNexis®
Download Now
Insights and Strategies for Effective Succession Planning in AM Law 100 Firms
Brought to you by Gallagher
Download Now
State AI Legislation Is on the Move in 2024
Brought to you by LexisNexis®
Download Now