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March 18, 2024 | The American Lawyer

Deal Watch: Big Energy and Pharma Deals Continue to Drive M&A

Five of the six announced deals over $1 billion in the last week occurred in either the life sciences or energy sector.
10 minute read
Stein v. Blankfein
Publication Date: 2024-03-11
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys:
For plaintiff: Brian E. Farnan, Michael J. Farnan, Rosemary J. Piergiovanni, Farnan LLP, Wilmington, DE; A. Arnold Gershon, Michael A. Toomey, Barrack, Rodos & Bacine, New York, NY for plaintiff.
For defendant: Kevin M. Gallagher, Robert L. Burns, Richards, Layton & Finger, P.A. Wilmington, DE; Kevin G. Abrams, Peter Shindel Jr., Matthew L. Miller, Abrams & Bayliss LLP, Wilmington, DE; Robert J. Giuffra, Jr., David M.J. Rein, Sullivan & Cromwell LLP, New York, NY for defendants.
Case number: 2017-0354-SG

Law of the case precluded settlement objector's challenge to the adequacy of consideration where revised settlement merely deleted provisions improperly releasing future claims and the court had previously found the retained provisions fair and beneficial to the corporation and its stockholders.

March 08, 2024 | Delaware Business Court Insider

A Legal 'Doomsday'?: Delaware Faces Criticism at Tulane Conference

Merger and acquisition practitioners are having a difficult time figuring out how best to counsel their clients, and litigators are left with questions on how best to make their case to the Court of Chancery.
4 minute read
March 07, 2024 | New York Law Journal

Securities Litigation Cases Continued to Decline Nationally in 2023, Report Finds

New York's Southern District continued to be the leading destination for cases, with Delaware second. The Brooklyn-based Eastern District was third and the Northern District of California fourth, the study said.
4 minute read
March 07, 2024 | Law.com

Rising Stars: The UK Legal Industry's Best Up-And-Coming Women, 2024

More than 120 entries have been whittled down to the top 25 women aged under 40 tipped to spearhead the next generation of leading partners.
33 minute read
March 05, 2024 | National Law Journal

Four South American Countries File Amicus Briefs Urging 2nd Circuit to Overturn $16.1B Ruling Against Argentina

Foley Hoag filed on behalf of Brazil and Uruguay, while Orrick, Herrington & Sutcliffe filed for Chile and Ecuador in support of a Sullivan & Cromwell attempt to reverse the verdict against Argentina.
4 minute read
March 05, 2024 | Law.com

Four South American Countries File Amicus Briefs Urging US Court to Overturn $16.1B Ruling Against Argentina

Foley Hoag filed on behalf of Brazil and Uruguay, while Orrick, Herrington & Sutcliffe filed for Chile and Ecuador in support of a Sullivan & Cromwell attempt to reverse the verdict against Argentina.
4 minute read
March 05, 2024 | Law.com

How a Plaintiffs Lawyer Armored Up for the Mass Arbitration Battle

Raphael Janove, who launched his own firm last month, said he plans to focus largely on mass arbitration to pursue consumer claims against mobile games developers.
6 minute read
March 05, 2024 | New Jersey Law Journal

New Partners Yearbook 2024

Congratulations to these new partners, made and hired laterally over the past year.
46 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

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