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Texas to Receive $21.6M From Publicis Health National $350M Settlement
In the agreed judgement, Publicis Health does not admit any wrongdoing that was alleged by the attorney general.
Cravath Enters Modern Era of Big Law Amid Regular Rate of Partner Exits
"The tweaking of their model may have stopped some people from leaving, but they don't seem to be leveraging the other aspect of breaking lockstep to expand and grow," noted one observer.
Deal Watch: Debt Offerings Surge as Markets Begin to Turn
"It is booming right now," said Wachtell partner John Sobolewski of the liability management market.
Pressure on UK Law Firms as US Competitors Raise NQ Pay Again
As US firms match the Cravath scale, domestic UK firms will fear falling too far behind.
Corporate Governance Update: A Formative Period for AI Regulation
With the issuance in October 2023 of a wide-ranging executive order on artificial intelligence, the Biden administration took its most significant action to date toward oversight of the development and use of AI technologies. In the absence of Congressional action in this area, the order represents a step toward laying the groundwork for future federal regulatory action by a broad swath of agencies and departments.
Law Journal Press | Digital Book
District of Columbia Legal Malpractice Law 2024
Authors: Shari L. Klevens, Alanna G. Clair
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Your Clients Are Leaving Without Telling You: The Morning Minute
The news and analysis you need to start your day.
Deal Watch: Big Week in Multiple Verticals in M&A
Skadden and Paul Weiss had multiple big deals in the last few days, as deals from tech, energy and PE power the week. And there were four new IPOs.
Willkie Farr Taps Bay Area Gibson Dunn Partner to Help Lead White-Collar Practice
Michael Li-Ming Wong is departing Gibson Dunn after more than 12 years at the firm.
Deal Watch: Kirkland, Akin Drive Energy Deals as Big Law Leans Into Sector for M&A
Four of the five announced M&A deals of more than $1 billion in the past week involved the energy and infrastructure sectors.
Chordia v. Lee
Publication Date: 2024-01-15 Practice Area: Corporate Governance
Industry: Electronics |
Technology Media and Telecom
Court: Court of Chancery Judge: Vice Chancellor Cook Attorneys: For plaintiff: Bradley R. Aronstam, R. Garrett Rice, Holly E. Newell, Ross Aronstam & Moritz LLP, Wilmington, DE; Brian M. Burnovski, Andrew Ditchfield, Pascale Bibi, Nikolaus J. Williams, Marie Killmond, Danielle Mullery, Davis Polk & Wardwell LLP, New York, NY for plaintiffs. For defendant: William M. Lafferty, Ryan D. Stottmann, Lauren K. Neal, Alec Hoeschel, Grant E. Michl, Morris, Nichols, Arsht & Tunnel LLP, Wilmington, DE; Hallie B. Levin, Wilmer Cutler Pickering Hale & Dorr LLP, New York, NY; Timothy Perla, Wilmer Cutler Pickering Hale & Dorr LLP, Boston, MA; William Savitt, Jonathan M. Moses, Elaine Golin, Graham W. Meli, Ryan A. McLeod, Wachtell, Lipton, Rosen & Katz, New York, NY; Eric Seiler, Lance J. Gotko, Jason Rubinstein, David J. Ranzenhofer, Sofie Syed, Friedman Kaplan Seiler, Adelman & Robbins LLP, New York, NY; Kurt M. Heyman, Elizabeth A. DeFelice, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE for defendants. Case number: 2023-0382-NAC
Majority owner's intentional acts to remove founders from the company to eliminate their right to designate board members materially interfered with those rights in violation of the parties' stockholders' agreement's "reasonable efforts" clause.
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