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Chancery Dismisses Suit Against Walgreens Directors, Rejecting 'Reflexively Filed' 'Caremark' Claims
"Fueled by hindsight bias," Vice Chancellor Lori W. Will explained, Caremark suits have "proliferated in Delaware" seeking to hold directors personally liable for imperfect efforts, operational struggles and business decisions. But, the court noted, a stockholder's position that the board's response to a corporate crisis merely "came too late and did too little" is insufficient under Caremark, which requires a showing that directors acted in bad faith.
Deal Watch: Wachtell, Skadden, Cleary Land on Big Healthcare Deals; Dealmakers Stay Optimistic
"People are more open to looking at M&A transactions," said Linklaters' George Casey. With inflation getting under control and the Fed expecting lower rates, "you can start thinking how you can finance."
8 Firms Facing Off in SDNY Class Action Suit Against Chinese Ride-Hailing Service
Quinn Emanuel, Skadden, Wilson Sonsini, Sullivan & Cromwell, Gibson Dunn and O'Melveny are all representing parties in the lawsuit.
8 US Firms to Battle Out Didi Global Securities Class Action in US Court
Quinn Emanuel, Skadden, Wilson Sonsini, Sullivan & Cromwell, Gibson Dunn and O'Melveny are all representing parties in the lawsuit.
8 US Firms to Battle Out Didi Global Securities Class Action in US Court
Quinn Emanuel, Skadden, Wilson Sonsini, Sullivan & Cromwell, Gibson Dunn and O'Melveny are all representing parties in the lawsuit.
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
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View more book results for the query "Skadden"
8 US Firms to Battle Out Didi Global Securities Class Action
Quinn Emanuel, Skadden, Wilson Sonsini, Sullivan & Cromwell, Gibson Dunn and O'Melveny are all representing parties in the lawsuit.
Simpson Thacher Swoops For Weil Gotshal Partner Duo in the UK
The infrastructure moves are the latest additions to Simpson Thacher's London base and the latest departures from Weil Gotshal's.
Kirkland Crosses $7B Mark, With Steady And Countercyclical Business Drivers
The firm continued to improve its profit margin, as average PEP rose nearly 6% to $7.955 million, according to American Lawyer reporting.
Lawyers Are Watching These AI-Tinged Antitrust Cases
Antitrust litigators have an eye on this emerging litigation across the country.
Recognizing the Role of the Bench and Bar in Improving the Lives of Women and Girls
Keynote speakers for the event were U.S. District Judge Esther Salas of the District of New Jersey, whose advocacy following the murder of her son led to passage of the Daniel Anderl Judicial Security and Privacy Act, and Maria Cruz Melendez, a partner at Skadden, Arps, Slate, Meagher & Flom.TRENDING STORIES
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Revenue, Profit, Cash: Managing Law Firms for Success
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Law Firm Operational Considerations for the Corporate Transparency Act
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Practical Guidance Journal: Protecting Work Product in a Generative AI World
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