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Evidence demonstrated that acquirer intentionally sabotaged development of seller's new technology to avoid making earnout payments, in violation of the merger agreement's requirement to use commercially reasonable efforts and designate the technology as a company priority.
Statements Were Nonactionable Opinion, Not Defamation; Actual Malice Not Shown
Rising Star: Benjamin H. Weissman
Benjamin H. Weissman is a litigation partner at Foley Hoag.Rising Star: Lauren Schorr Potter
Lauren Schorr Potter is a partner at Patterson Belknap Webb & Tyler. Her practice focuses on sensitive, complicated and high-stakes criminal and regulatory matters, and internal investigations.Handdown List released on:July 10, 2024
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Courts Split Over Requirement for Chapter 15 Jurisdiction In the U.S.
If a foreign debtor doesn't reside in, have a domicile or place of business in, or have property in the U.S., can the foreign representative of the debtor utilize Chapter 15 to obtain discovery to use in the foreign proceeding?Appeals & Motions List released on: May 14, 2024
U.S. Regulators Emphasize Pursuit of Enforcement Actions Against Non-U.S. Persons and Entities
The guidance mirrors the recent, broader impulse among U.S. prosecutors and regulatory agencies to extend application of U.S. law to foreign persons and entities, even when those persons and entities have only threadbare connections to the U.S.Court Could Not Grant Discovery in Full Because of Sweeping Arguments Made in Motions
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