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The Delaware Supreme Court rejected a bid by the private equity firm BVF Partners to scuttle a no-cash settlement over a 2011 merger between Celera Corp. and Quest Diagnostics, but the court also gave BVF a new avenue for going after Celera's board.
LG Display's patent infringement case over flat panel technology against AU Optronics could hardly have gone worse.
Four different plaintiffs firms filed separate suits in New York and Delaware to block Allion's private equity buyout, even though more than 99 percent of the outstanding shares voted to support the deal. After months of litigation the class actions settled--but then the plaintiffs lawyers started fighting about how to split their $1 million fee award.
Closing Attorneys See Red Over HomeBanc Mortgage's Bad Checks
Dozens of Atlanta-area real estate closing attorneys are scrambling after receiving $20 million or more in bounced checks last month from HomeBanc Mortgage Corp. Although Georgia law requires lawyers to wait until checks have cleared before closing a mortgage, in practice most real estate closing attorneys don't wait for the money to clear, instead closing when they have a check in hand. Now, some attorneys face possible bar violations, and are digging into personal accounts to cover HomeBanc's mistake.Ineligible Pro Hac Vice Attorneys, In-House Counsel and Multijurisdictional Practitioners
Notice to the bar.Insights and Strategies for Effective Succession Planning in AM Law 100 Firms
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