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January 04, 2023 | The Recorder

Shareholder Redemption Rights Claims Advance in New Chancery Court SPAC Decision

It's the second time Vice Chancellor Lori Will has denied a SPAC's motion to dismiss shareholders' breach of fiduciary duty claims, with her opinion holding claims against Silicon Valley-based GigCapital3 Inc.
4 minute read
January 04, 2023 | Delaware Business Court Insider

Shareholder Redemption Rights Claims Advance in New Chancery Court SPAC Decision

Whether representing a SPAC or not, fiduciaries are required under Delaware law to be transparent with shareholders, Vice Chancellor Lori Will said, noting however that the unique structure of a SPAC leads shareholders to be harmed individually if they aren't able to fairly exercise their redemption rights.
4 minute read
January 04, 2023 | Delaware Law Weekly

New Chancery Court SPAC Decision Allows Shareholder Redemption Rights Claims to Advance

Whether representing a SPAC or not, fiduciaries are required under Delaware law to be transparent with shareholders, Vice Chancellor Lori Will said, noting however that the unique structure of a SPAC leads shareholders to be harmed individually if they aren't able to fairly exercise their redemption rights.
4 minute read
November 30, 2022 | Law.com

Cravath, Boies Schiller Announce Bonuses: The Morning Minute

The news and analysis you need to start your day.
4 minute read
November 03, 2022 | Delaware Business Court Insider

Shareholder Says PayPal Oversold Its Growth With Bots Cashing In

PayPal's cash incentive promotions throughout 2021 were linked to the creation of 4.5 million illegitimate accounts, the complaint said.
2 minute read
Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

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October 26, 2022 | Law.com

In Associate Ranks, Slowdown in Demand Could Mean 'Cleanup': The Morning Minute

The news and analysis you need to start your day.
5 minute read
October 21, 2022 | Law.com

Class Action Claim Against Brown University Over Handling of Title IX Complaints Partially Allowed to Proceed

"The judge's decision in Soenen v. Brown dismisses the majority of the plaintiffs' claims at the outset and significantly narrows the scope of the case," said Brian E. Clark, Brown University's associate vice president for news and editorial development.
4 minute read
October 05, 2022 | Delaware Business Court Insider

Bankruptcy Trustee Pushes for Debevoise Disqualification in Delaware

Personal care wholesaler High Ridge Brands is seeking to disqualify Debevoise & Plimpton as opposing counsel in a bankruptcy case, alleging at least nine Debevoise attorneys worked with High Ridge on the same 2017 transaction that ultimately resulted in the suit.
2 minute read
October 05, 2022 | Delaware Law Weekly

Bankruptcy Trustee Moves for Debevoise Disqualification in Delaware

Personal care wholesaler High Ridge Brands is seeking to disqualify Debevoise & Plimpton as opposing counsel in a bankruptcy case, alleging at least nine Debevoise attorneys worked with High Ridge on the same 2017 transaction that ultimately resulted in the suit.
2 minute read
September 23, 2022 | Daily Business Review

FAMU Students File Lawsuit Alleging Funding Discrimination

The plaintiffs, who are Black FAMU students, alleged that the state has failed to fund and support FAMU in the same way as it has for majority white institutions.
5 minute read

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