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March 14, 2024 | National Law Journal

With Slower Start to 2023, Munger Tolles Sees Revenue Decline to $306M While PEP Rises

As the number of equity partners at the firm shrunk nearly 10% to 74, the firm's average PEP was up around 5% to $2.2 million.
4 minute read
March 13, 2024 | Corporate Counsel

Stopping Trade Secret Theft Starts With Building a 'Culture of Understanding'

"There are ... bad actors out there, people who were laid off and want to hurt their former employer or want to get a leg up at their new job by using a shortcut from their old job," said Carolyn Luedtke, a Munger, Tolles & Olson partner.
5 minute read
March 01, 2024 | The Recorder

On the Move: Tracking the Ins and Outs of California Lawyers

New hires, promotions and awards from across the California legal market.
5 minute read
February 29, 2024 | Legaltech News

Tracking Generative AI: How Evolving AI Models Are Impacting Legal

A running compilation of how the legal landscape continues to be shaped by generative AI tools, from GPT technologies to art generation tools and beyond.
146 minute read
Conte v. Greenberg
Publication Date: 2024-02-19
Practice Area: Corporate Governance
Industry: Consumer Products | Manufacturing
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys:
For plaintiff: Thomas A. Uebler, Terisa A. Shoremoun, McCollom D’Emilio Smith Uebler LLC, Wilmington, DE; Melinda A. Nicholson, Nicolas Kravitz, Kahn Swick & Foti, LLC, New Orleans, LA; Roger A. Sachar, Newman Ferrara LLP, New York, NY; Domenico Minerva, Labaton Sucharow LLP, New York, NY for plaintiff.
For defendant: A. Thompson Bayliss, E. Wade Houston, Eliezer Y. Feinstein, Daniel G. Paterno, Abrams & Bayliss LLP, Wilmington, DE; Brad D. Brian, John M. Gildersleeve, Abraham B. Dyk, Munger, Tolles & Olson LLP, Los Angeles, CA; Kenneth J. Nachbar, Susan W. Waesco, Miranda N. Gilbert, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Abby F. Rudzin, O’Melveny & Myers LLP, New York, NY; Matthew F. Davis, Tyler J. Leavengood, Potter Anderson & Corroon LLP, Wilmington, DE; Kenneth A. O’Brien, Jr., Sheppard Mullin Richter & Hampton LLP, Los Angeles, CA for defendants.
Case number: 2022-0633-MTZ MEMORANDUM OPINION

Plaintiff failed to plead demand futility due to the lack of directors' personal liability for oversight and corporate waste claims, as the failure to implement a formal policy governing executives' personal use of corporate aircraft did not, by itself, amount to bad faith, and any financial loss from personal use constituted a fraction of a percentage of the company's expenses and profits.

Law Journal Press | Digital Book New Jersey Medical Malpractice Law 2024 Authors: Jonathan H. Lomurro, Gary L. Riveles, Abbott S. Brown View this Book

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February 09, 2024 | Pro Mid Market

Who Got the Work: Olshan Frome Attys Step in to Defend 5W Public Relations in Defamation Suit

Olshan Frome Wolosky attorneys have stepped in as defense counsel to 5W Public Relations in a pending defamation lawsuit centered on the sale of luxury properties at Costa Palmas in Los Cabos.
2 minute read
February 07, 2024 | New York Law Journal

Biden Picks Nominees for District Court Seats in New York, California and South Dakota

Of the four nominees, three have judicial experience.
2 minute read
February 07, 2024 | National Law Journal

Biden Picks Nominees for District Court Seats in California, New York and South Dakota

Of the four nominees, three have judicial experience.
2 minute read
Doubleline Capital GP LLC v. Barach
Publication Date: 2024-02-05
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys:
For plaintiff: Thomas W. Briggs, Jr., Morris Nichols Arsht & Tunnell LLP, Wilmington, DE; Laura D. Smolowe, John M. Gildersleeve, Sara H. Worth, Munger, Tolles & Olson LLP, Los Angeles, CA for plaintiffs.
For defendant: Michael A. Barlow, Quinn, Emanuel, Urquhart & Sullivan, LLP, Wilmington, DE; Steven G. Madison, Joseph Sarles, William Pilon, Quinn, Emanuel, Urquhart & Sullivan, LLP, Los Angeles, CA for defendants.
Case number: 2022-0415-PAF

Court affirmed arbitration award where defendants failed to present evidence sufficient to show that the arbitral panel's interpretation of the parties' agreements was palpably incorrect.

January 30, 2024 | The Recorder

Commission on Judicial Appointments Confirms Two to NorCal Appeals Courts

Monique Langhorne Wilson will join the First District Court of Appeal and Aimee Feinberg will fill a vacancy on the Third District after easy confirmation hearings in San Francisco on Tuesday.
3 minute read

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