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March 01, 2024 | Delaware Business Court Insider

Del. Justices Uphold Chancery Ruling And Other Litigator of the Week Shout Outs

Vice Chancellor J. Travis Laster last year found that the company's largest stockholders were bound to follow a recommendation from the board and vote for a charter amendment to increase the corporation's authorized shares.
7 minute read
March 01, 2024 | Litigation Daily

Litigator of the Week Runners-Up and Shout Outs

A Skadden defense team secured an acquittal for semiconductor company Fujian Jinhua Integrated Circuit Co. in a criminal trade secret and economic espionage case originally filed as part of the Justice Department's now-defunct China Initiative.
7 minute read
January 22, 2024 | Corporate Counsel

Chip-Maker Micron Scoops Up Legal Leader From Rival That's Restructuring

Michael Ray is leaving Western Digital for Micron as Micron prepares to invest $150 billion in manufacturing and R&D over the next decade.
2 minute read
November 22, 2023 | The Legal Intelligencer

My Dog Ate My Emails: Document Retention and the Duty to Preserve in 2023

This article examines the duty to preserve evidence in the context of impending or ongoing litigation, what constitutes spoliation of evidence, and the potential consequences that flow from failing to implement sufficient safeguards.
6 minute read
Foote v. Mehrotra
Publication Date: 2023-11-13
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Manufacturing | Technology Media and Telecom
Court: U.S. District Court of Delaware
Judge: District Judge Slomsky
Attorneys:
For plaintiff:
For defendant:
Case number: 21-00169

Court dismissed claim of misleading proxy statements where allegedly false statements about company's commitment to workforce diversity were non-actionable, aspirational puffery that was immaterial to the investing public.

Law Journal Press | Digital Book Emerging Technologies and the Law: Forms and Analysis Authors: Richard Raysman, Peter Brown, Jeffrey D. Neuburger, William E. Bandon III View this Book

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September 06, 2023 | Corporate Counsel

The CHIPS and Science Act Turns One Year Old: Intellectual Property Considerations May Facilitate its Future Success

It has been just over a year since President Biden signed the bipartisan CHIPS and Science Act into law, promising many things including new jobs, strengthened supply chains, and the revitalization of America's global position in the semiconductor industry, making up for ground lost over the last few decades to countries overseas.
5 minute read
July 21, 2023 | Law.com

'Dismissal Is Too Harsh a Punishment': Magistrate Judge Issues Spoliation Sanction Against Ex-Lenovo Employee Who Wiped Hard Drive