Specifically focused on corporate purchases and sales and the laws involved with public entitites.
By Dan Roe | September 28, 2023
Irina Tsveklova is the fourth partner hired to the firm's Houston energy team since April.
3 minute read
By Kristie Rearick | September 22, 2023
Coming off of a year that had somewhat positive numbers for several key compensation metrics in Pennsylvania, in 2022 things took a slight negative turn. Some small dips and some steady numbers were reported for the highest-paid GCs in the state.
4 minute read
By Katayun I. Jaffari and Paul D. Hallgren | September 20, 2023
The new disclosure rule, referred to as "pay versus performance" added a wrinkle for companies in advance of the 2023 proxy season. A year has passed since the new disclosure rule was adopted. It is time to take a look back at the first foray into pay versus performance disclosures with an eye to considerations for disclosures in the coming year.
10 minute read
By Ellen Bardash | September 19, 2023
The U.S. Senate Judiciary Committee is examining the use of bankruptcy to sort out mass tort liability.
5 minute read
Delaware Business Court Insider
By Lewis H. Lazarus | September 13, 2023
In IBEW Local Union 480 Defined Contribution Plan and Trust v. Winborne, the Court of Chancery provided guidance concerning the holistic inquiry that the court uses to assess good faith, holding that the plaintiff successfully had pleaded that a majority of the board acted in bad faith in approving a buyout of a liability for $850 million that the company contemporaneously valued at $175.3 million in its audited financial statements.
6 minute read
Delaware Business Court Insider
By Kaan Ekiner and Mark E. Felger | September 6, 2023
Vice Chancellor Sam Glasscock III considered whether a personal relationship between an independent director and a conflicted director was sufficient to corrupt the independent director's loyalty in approving a cash only freeze-out merger.
7 minute read
By Jay A. Dubow, Joanna J. Cline and Erica H. Dressler | August 28, 2023
Recent decisions by the Delaware Court of Chancery demonstrate that when a SPAC transaction and the disclosures surrounding it are challenged, defendants may face an uphill battle to prevail on a motion to dismiss, especially where breach of fiduciary duty claims have been asserted.
7 minute read
By Allison Dunn | August 23, 2023
This complaint was first surfaced by Law.com Radar.
5 minute read
By Bessie Antin Daschbach | August 23, 2023
Regulatory and market demands will likely continue to push ESG deep into supply chains. The result is every business along those chains could be made to take up ESG efforts, regardless of a given business's order of magnitude.
6 minute read
Delaware Business Court Insider
By Cliff C. Gardner | August 23, 2023
In In re Edgio Stockholders Litigation, the Delaware Chancery Court was asked to apply the same cleansing effect to a claim for injunctive relief analyzed under Unocal, but Vice Chancellor Morgan Zurn found that Corwin was inapplicable.
6 minute read
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