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September 20, 2023 | The American Lawyer

Leadership Changes at Reed Smith Reach Phila., Chicago, Austin Offices

Casey Ryan, who started as global managing partner in March, continues to put her vision for the firm into effect, according to one of the new office managing partners.
5 minute read
September 20, 2023 | Delaware Business Court Insider

Shareholders Attorney Says Delaware Shouldn't Adopt West Virginia Federal Court's Finding in Chancery 'Caremark' Case Over Opioids

A national issue should not be governed by a decision in a lawsuit involving one city and county government in West Virginia.
4 minute read
August 21, 2023 | Daily Report Online

Dead in Its Tracks: A New Ruling Could Stop These Pending Cases

"[T]he General Assembly's passage of the preemption provision [in OCGA § 10-13B-1] took away any power Hospital Authority of Wayne County, Georgia otherwise may have had under OCGA § 31-7-75 to pursue claims that the preemption provision and the Settlement Act are unconstitutional," the Supreme Court of Georgia ruled.
4 minute read
August 14, 2023 | The American Lawyer

Deal Watch: Wachtell Leads on Week's Big Deal Talks; And Will Protectionism Alter the Global Deal Landscape?

The New York firm kept busy, with three announced mega-deal discussions in the last week.
9 minute read
June 09, 2023 | Law.com

Walgreens to Pay Record $500M to Settle New Mexico's Opioid Lawsuit

The deal, announced on Friday by the state of New Mexico's outside counsel Baron & Budd, is one of the largest opioid settlements to date involving one state and a single defendant.
3 minute read
May 27, 2023 | The Legal Intelligencer

Distinguished Leaders 2023: Robert Nicholas

Robert Nicholas' most recent win came in mid-2022 in a high-profile bellwether case in which he led the defense of AmerisourceBergen, a major pharmaceutical distributor, against claims brought by city and county plaintiffs in West Virginia that were part of a massive, consolidated MDL.
3 minute read
April 24, 2023 | The American Lawyer

Deal Watch: Paul Weiss, Skadden Capitalize on Big Week in Health Care as Overall Deal Activity Stays Light

The top three deals of the week all involved healthcare buyouts. And Paul Weiss.
7 minute read
March 15, 2023 | New York Law Journal

Accrual Principles for Breach of Fiduciary Duty in Delaware

In a recent decision by Vice Chancellor J. Travis Laster of the Delaware Court of Chancery, the former is called the "Red-Flags Theory" of liability, as set forth in In re Caremark International Derivative Litigation, 698 A.2d 959 (Del. Ch. 1996), while the latter is called the "Massey Theory" of In re Massey Energy, 2011 WL 2176479 (Del. Ch. May 31, 2011
7 minute read
March 09, 2023 | The Recorder

Burgeoning 'Caremark' Claims Likely to Drive Stockholder Demands

There has been a noticeable increase in the frequency of Caremark claims over the past four years, and this trend carries significant implications for companies' design of their oversight structures, as well as for the potential liability of directors and officers, according to Stephen Blake and Jordan Lamothe of Simpson Thacher & Bartlett.
13 minute read
January 18, 2023 | Delaware Business Court Insider

The 18th Annual Review of Key Del. Corporate and Commercial Decisions, Part 2

This list highlights notable decisions that should be of widespread interest to those who work in the corporate and commercial litigation field or who follow the latest developments in this area of Delaware law.
25 minute read

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