By Will Sylianteng | May 19, 2022
Recently, several district courts around the country have, upon the filing of a new complaint (or removal action), been issuing sua sponte orders requiring diversity plaintiffs (or removal defendants) to amend their complaints to specifically identify the citizenship of each member of any limited liability company named in their pleading.
9 minute read
By Varsha Patel | May 12, 2022
Partner concerns around merging profit pools include possible de-equitisation of partners in the non-U.S. arm.
10 minute read
By Jack Womack | March 15, 2022
Analysis of accounts at several large international law firms has found many appeared to be grappling with falling Russia revenues and losses.
6 minute read
By Meganne Tillay | June 14, 2021
Mid-tier firms have outpaced most larger firms in increasing their staff costs per lawyer, auditor analysis has found.
2 minute read
By John M. Jackson | December 13, 2019
For attorneys who appreciate both good wine and the importance of client development and retention, business dinners can be problematic from an expense…
1 minute read
Delaware Business Court Insider
By Ellis E. Herington | November 27, 2019
Shareholder inspection of books and records pursuant to Section 220 of the Delaware General Corporation Law is a routine procedure for Delaware practitioners, and represents an important tool for shareholders when it comes to their involvement in corporate governance.
1 minute read
By Maxwell Briskman Stanfield | November 7, 2019
Counseling clients in the entertainment industry, it is clear the road to success is a difficult one for those in the arts. It can take years for actors, musicians and others to reach a point where their efforts begin bringing in a notable return.
1 minute read
Delaware Business Court Insider
By Lewis H. Lazarus | October 30, 2019
Under Delaware law, the members of a limited liability company may eliminate or modify the common law fiduciary duties of loyalty and care in their operating agreement. When they do so, Delaware courts will analyze any alleged management misconduct under the standard of conduct to which the parties agreed.
1 minute read
By Meganne Tillay | September 19, 2019
The U.S. firm's international LLP accounts also reveal that the firm's France branch suffered a revenue hit in 2018.
1 minute read
Delaware Business Court Insider
By Barry M. Klayman and Mark E. Felger | September 4, 2019
Judge Calvin Scott denied a motion for judgment on the pleadings on the grounds that the defendant's proffered interpretation of a liability limitation provision in a master service agreement was unreasonable.
1 minute read
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