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April 11, 2024 | Litigation Daily

Litigator of the (Past) Week Runners-Up and Shout Outs

The runners-up for the cycle that closed on April 3.
7 minute read
April 09, 2024 | The Recorder

Lawmakers Advance Bill to Allow Disqualification of Appellate Justices

Supporters of the legislation are angry with rulings by the Second District Court of Appeal in a voting rights case.
4 minute read
In re Carvana Co. Stockholders Litig.
Publication Date: 2024-04-08
Practice Area: Corporate Entities
Industry: Automotive | E-Commerce | Investments and Investment Advisory
Court: Court of Chancery
Judge: Chancellor McCormick
Attorneys:
For plaintiff: Christine M. Mackintosh, Rebecca A. Musarra, Grant & Eisenhofer, P.A., Wilmington, DE; Kimberly A. Evans, Robert Erikson, Irene R. Lax, Block & Leviton LLP, Wilmington, DE; Jason M. Leviton, Amanda R. Crawford, Block & Leviton LLP, Boston, MA; Ned Weinberger, Mark Richardson, Jiahui (Rose) Wang, Labaton Keller Sucharow LLP, Wilmington, DE; Domenico Minerva, John Vielandi, Labaton Keller Sucharow LLP, New York, NY for plaintiffs.
For defendant: Joseph R. Slights III, Brad D. Sorrels, Shannon E. German, Leah E. León, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE; David E. Ross, Adam D. Gold, R. Garrett Rice, Ross Aronstam & Moritz LLP, Wilmington, DE; Brian M. Lutz, Gibson, Dunn & Crutcher LLP, San Francisco, CA; Colin B. Davis, Katie Beaudin, Gibson, Dunn & Crutcher LLP, Irvine, CA; John L. Reed, Ronald N. Brown, III, Peter H. Kyle, Kelly L. Freund, DLA Piper LLP (US), Wilmington, DE for defendants.
Case number: 2020-0415-KSJM

Court granted special litigation committee's motion to dismiss derivative action where members were sufficiently independent and disinterested and conducted a seven-month-long investigation that uncovered sufficient evidence to support the decision to move to dismiss.

April 05, 2024 | National Law Journal

Wilmer Sees Growing Share of Fees From Meta, as Firm's Total Revenue Expands

Law firms may face business risks if a single client's bills make up more than 5% of a firm's total revenue, some consultants suggest, while others say the threshold would have to be much higher.
4 minute read
April 04, 2024 | New York Law Journal

Deal Watch: Latham, Weil Lead Home Improvement Deal; Dealmakers Face Election Headwinds

While the previous few weeks have shown strong M&A volume, this past week underscores that nothing can be taken for granted about the deal market in 2024.
8 minute read
April 04, 2024 | National Law Journal

Democratic States, Cities Disagree in Support of Constitutional Challenge to Anti-Camping Law

The U.S. Supreme Court will confront America's homelessness epidemic this month in an Eighth Amendment case.
6 minute read
April 02, 2024 | The American Lawyer

Wachtell, Goodwin Top Q1 League Tables as Global M&A Value Jumps 38%

While the value of global M&A announced during Q1 was up significantly, the number of deals declined by 31% when compared with the same period a year ago.
2 minute read
April 02, 2024 | The Recorder

Bill by Ex-Gibson Dunn Litigator Would Ask Lawyers to (Confidentially) Disclose Pro Bono Work

Assemblymember Jesse Gabriel said he wants to shed light on pro bono work, not to coerce lawyers into doing it.
4 minute read
April 02, 2024 | The Legal Intelligencer

Parties Clash Over Jury Instruction in Hearing on $976M Defective Seatbelt Verdict

"They wanted this trial," Becker said. "Now they come to you crying for the unfairness of it all."
3 minute read
April 02, 2024 | The American Lawyer

Deal Watch: Latham, Weil Lead Home Improvement Deal; Dealmakers Face Election Headwinds

While the previous few weeks have shown strong M&A volume, this past week underscores that nothing can be taken for granted about the deal market in 2024.
8 minute read

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