Specifically focused on corporate purchases and sales and the laws involved with public entitites.
By Jessica Seah | January 3, 2024
Joyy Inc, which suffered a substantial stock price fall after the announcement by Baidu, is seeking legal advice and will 'consider all options at its disposal'.
2 minute read
By Mason Lawlor | January 2, 2024
The case presented an unprecedented issue equivalent to determining "how much a reasonable person would likely pay to join a consortium of gamblers who want to pool their funds to buy lottery tickets for the possibility of winning the next big 'Power Ball' drawing," Judge Clay Land said.
5 minute read
Delaware Business Court Insider
By Mark E. Felger and Kaan Ekiner | December 27, 2023
The Delaware Court of Chancery considered whether a stockholder of a publicly traded company was entitled to inspect the books and records of the public company's nonpublic subsidiary for the stated purpose of "more accurately" valuing the public corporation's publicly traded shares.
8 minute read
By Avalon Zoppo | December 20, 2023
U.S. appeals court have uniformly rejected the companies' reference to a federal common law of interstate air pollution.
3 minute read
Delaware Business Court Insider
By Cliff C. Gardner, Peyton V. Carper and Sukhandeep Kaur | December 20, 2023
Publicly traded corporations increasingly adopted exclusive forum provisions to reduce the risk of burdensome and costly multijurisdictional stockholder litigation. State and federal courts around the country regularly enforced the provisions, dismissing cases not brought in the specified jurisdiction.
5 minute read
By Ashleigh Taylor | December 19, 2023
Given the CTA's sweeping scope and the extensive information required for compliance, the new legislation will undoubtedly have significant impacts on middle market M&As moving forward.
6 minute read
Delaware Business Court Insider
By Lewis H. Lazarus | December 13, 2023
Parties in business transactions sometimes decide by contract that disputes relating to or arising out of their contractual relationship shall be resolved by arbitration. If and when a dispute arises, a threshold issue is whether the dispute is covered by arbitration and if so, whether any aspect may be resolved by a court.
6 minute read
By Patricia Elias | December 12, 2023
As an industry that focuses on the review, processing and creation of data and content, the legal sector is naturally positioned to benefit directly from the use of AI. However, these opportunities are countered by challenges surrounding the handling of information and data.
8 minute read
Delaware Business Court Insider
By Matthew J. Rifino and Philip D. Amoa | December 6, 2023
In Braga, an investor sought to rescind an agreement and recoup its investment based on a fraudulent inducement theory after the investor's relationship with the deal sponsor turned sour. The Delaware Court of Chancery refused to undo the transaction and the investor was left with several expensive lessons in deal making.
6 minute read
By Shari L. Klevens and Alanna Clair | December 4, 2023
The CTA's effective date, Jan. 1, is fast approaching. Thus, lawyers and law firms should prepare by considering not only the reporting obligations of their clients, but also whether they have any newly imposed obligations themselves.
5 minute read
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
