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August 22, 2023 | National Law Journal

As Feds Appeal Crypto Setback, Dearth of Regulation Strains US Market, Lawyers Say

"If your company is under enforcement investigation, to see smart judges disagree, it could give the company the idea to fight it," said Akin Gump Strauss Hauer & Feld white collar partner Parvin Daphne Moyne.
7 minute read
August 18, 2023 | Litigation Daily

Litigators of the Week: A Resounding Class Certification Win for Goldman Sachs at the 2nd Circuit

The court sided with a joint defense team led by Bob Giuffra at Sullivan & Cromwell and Kannon Shanmugam of Paul Weiss in finding a mismatch between the targeted drop in Goldman's stock price and the bank's generic statements about conflicts of interest and business ethics.
9 minute read
August 17, 2023 | Delaware Business Court Insider

What's Fair Enough Is Fair: Entire Fairness Decisions Show M&A Perfection Not Required

Historically, it's been a rarity for a defendant to win once the notoriously stringent entire fairness has been applied as the standard of review in a Chancery case. But that may be changing.
5 minute read
August 14, 2023 | Delaware Business Court Insider

Amazon Shareholders Say Online Retailer Lied About Excessive Expansion, Anticompetitive Conduct

Bielli & Klauder and Gainey McKenna & Egleston filed the latest complaint in the Delaware Court of Chancery. It is expected to proceed in parallel with a case in the Western District of Washington's Seattle Division.
3 minute read
August 10, 2023 | Corporate Counsel

'Divisive and Extreme': Lawsuit Assailing Target's ESG Agenda Shows How Dicey Topic Has Become

"Target's ESG and DEI mandates align with one end of the political spectrum: the left," according to a shareholder lawsuit filed this week.
7 minute read
Law Journal Press | Digital Book Connecticut Appellate Practice & Procedure, 8th Edition Authors: HON. ELIOT D. PRESCOTT, JULIE A. LAVOIE View this Book

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August 07, 2023 | Corporate Counsel

Ruling Against Company That Called a Lawsuit 'Without Merit' Could Sideline Widely Used Phrase

Massachusetts federal Judge William Young held software company Pegasystems accountable for pooh-poohing a theft-of-trade-secrets lawsuit that actually had legitimacy.
4 minute read
August 02, 2023 | The Legal Intelligencer

Despite Accessibility, Storing Corporate Records in the Cloud Does Not Create Pa. Jurisdiction, Superior Court Rules

"Not only is the decision a great victory for our clients, it also provides valuable clarification on the parameters of books and records requests in Pennsylvania," said the defendants' attorney, Matthew Louis Minsky of Bochetto & Lentz, in Philadelphia.
4 minute read
July 24, 2023 | Delaware Business Court Insider

Back to the Drawing Board: Vice Chancellor Blocks Settlement of Claims Arising From AMC's Reverse Stock Split

The problem with the settlement, the court said, is its proposed release of claims involving AMCs preferred equity shares, or APEs, held by those who also hold common stock.
4 minute read
July 21, 2023 | Litigation Daily

Litigators of the Week: The Defense Team that Showed Ripple's XRP Isn't 'In and Of Itself' a Security

The eyes of the cryptocurrency industry have been on the SEC's case with Debevoise and Kellogg Hansen representing Ripple Labs and Cleary and Paul Weiss representing company executives.
11 minute read
July 14, 2023 | National Law Journal

Celebrating Outstanding Achievements: The 2023 Elite Trial Lawyers

The National Law Journal is proud to recognize professional excellence in plaintiffs litigation as well as lifetime achievements and diversity and inclusion initiatives. For the first time, the Elite Trial Lawyers awards also included The Plaintiffs Firm of the Year.
5 minute read

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