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June 09, 2023 | The Recorder

Settlement Money From CVS, Walgreens Opioid Settlement Coming by Year's End

If approved by the court, California might receive up to approximately $375 million from the Teva settlement and up to approximately $205 million from the Allergan settlement, said California Attorney General Rob Bonta.
4 minute read
June 05, 2023 | Daily Business Review

Miami to Host FTX Multidistrict Litigation, Signature Bank and Silvergate Bank Excluded

"A significant part of FTX's conduct allegedly emanated from this district, where it had its U.S. headquarters before filing for bankruptcy," the U.S. Judicial Panel on Multidistrict Litigation ruled.
4 minute read
May 26, 2023 | Delaware Business Court Insider

In Clash Over Combining FTX Cases, Lawyers Warn 'There's Going to Be Overlap'

On Thursday, lawyers in the litigation over collapsed cryptocurrency exchange FTX argued to the U.S. Judicial Panel on Multidistrict Litigation whether to coordinate all the cases, which name banks, financiers, promoters and others.
4 minute read
May 26, 2023 | Law.com

Lawyers Clash About Combining FTX Cases: 'There's Going to Be Overlap'

On Thursday, lawyers in the litigation over collapsed cryptocurrency exchange FTX argued to the U.S. Judicial Panel on Multidistrict Litigation whether to coordinate all the cases, which name banks, financiers, promoters and others.
4 minute read
May 25, 2023 | The Recorder

Sidley Austin Defends Splunk in Securities Suit After COVID-19 Fallout

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
May 17, 2023 | Law.com

Walgreens to Pay $230M to Settle San Francisco Opioid Case

The settlement, announced by City Attorney David Chiu on Wednesday, comes months after a federal judge found in a bench verdict that Walgreens helped fuel the opioid crisis in San Francisco.
5 minute read
May 16, 2023 | The Recorder

Oracle's $9B NetSuite Acquisition Process Affirmed in Chancery

Vice Chancellor Glasscock determined that while Larry Ellison's position as a shareholder for both companies made him a conflicted director, he and Oracle CEO Safra Catz, both represented by Latham & Watkins and Young Conaway Stargatt & Taylor, didn't interfere with the committee that evaluated the deal.
2 minute read
May 16, 2023 | Delaware Business Court Insider

Oracle's $9 Billion NetSuite Acquisition Process Affirmed in Chancery

Vice Chancellor Glasscock determined that while Larry Ellison's position as a shareholder for both companies made him a conflicted director, he and Oracle CEO Safra Catz, both represented by Latham & Watkins and Young Conaway Stargatt & Taylor, didn't interfere with the committee that evaluated the deal.
2 minute read
May 16, 2023 | New Jersey Law Journal

Appellate Division Upholds Forum Selection Provision in IPO

"According to plaintiffs, a favorable change in law did not negate defendants' waiver of the federal forum selection provision. We disagree," the appeals court wrote.
5 minute read
May 11, 2023 | National Law Journal

The National Law Journal Announces 2023 Elite Trial Lawyers Awards Finalists

ALM is pleased to announce the finalists in 25 award categories. The National Law Journal Elite Trial Lawyers winners will be named at an award ceremony to be held in New York.
5 minute read

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