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March 27, 2024 | Delaware Business Court Insider

Chancery Dismisses Suit Against Walgreens Directors, Rejecting 'Reflexively Filed' 'Caremark' Claims

"Fueled by hindsight bias," Vice Chancellor Lori W. Will explained, Caremark suits have "proliferated in Delaware" seeking to hold directors personally liable for imperfect efforts, operational struggles and business decisions. But, the court noted, a stockholder's position that the board's response to a corporate crisis merely "came too late and did too little" is insufficient under Caremark, which requires a showing that directors acted in bad faith.
6 minute read
March 26, 2024 | The American Lawyer

Deal Watch: Wachtell, Skadden, Cleary Land on Big Healthcare Deals; Dealmakers Stay Optimistic

"People are more open to looking at M&A transactions," said Linklaters' George Casey. With inflation getting under control and the Fed expecting lower rates, "you can start thinking how you can finance."
9 minute read
March 21, 2024 | New York Law Journal

8 Firms Facing Off in SDNY Class Action Suit Against Chinese Ride-Hailing Service

Quinn Emanuel, Skadden, Wilson Sonsini, Sullivan & Cromwell, Gibson Dunn and O'Melveny are all representing parties in the lawsuit.
3 minute read
March 21, 2024 | Law.com

8 US Firms to Battle Out Didi Global Securities Class Action in US Court

Quinn Emanuel, Skadden, Wilson Sonsini, Sullivan & Cromwell, Gibson Dunn and O'Melveny are all representing parties in the lawsuit.
3 minute read
March 21, 2024 | National Law Journal

8 US Firms to Battle Out Didi Global Securities Class Action in US Court

Quinn Emanuel, Skadden, Wilson Sonsini, Sullivan & Cromwell, Gibson Dunn and O'Melveny are all representing parties in the lawsuit.
3 minute read
March 21, 2024 | Law.com

8 US Firms to Battle Out Didi Global Securities Class Action

Quinn Emanuel, Skadden, Wilson Sonsini, Sullivan & Cromwell, Gibson Dunn and O'Melveny are all representing parties in the lawsuit.
3 minute read
March 20, 2024 | The American Lawyer

Simpson Thacher Swoops For Weil Gotshal Partner Duo in the UK

The infrastructure moves are the latest additions to Simpson Thacher's London base and the latest departures from Weil Gotshal's.
3 minute read
Molling v. Liebenbrau LLC
Publication Date: 2024-03-19
Practice Area: Wage and Hour Litigation
Industry:
Court: U.S. District Court for the Southern District of New York, U.S. - SDNY
Judge: Magistrate Judge Andrew E. Krause
Attorneys:
For plaintiff:
For defendant:
Case number: 23-CV-3436

FLSA Settlement Denied Approval; Fairness, Reasonableness Insufficiently Demonstrated

March 12, 2024 | New York Law Journal

Recognizing the Role of the Bench and Bar in Improving the Lives of Women and Girls

Keynote speakers for the event were U.S. District Judge Esther Salas of the District of New Jersey, whose advocacy following the murder of her son led to passage of the Daniel Anderl Judicial Security and Privacy Act, and Maria Cruz Melendez, a partner at Skadden, Arps, Slate, Meagher & Flom.
2 minute read
March 11, 2024 | New York Law Journal

Artificial Intelligence Is Monopolizing the Attention of Regulators and Lawmakers

The new era of AI technology has ushered in competition concerns alongside consumer-protection fears. Accordingly, regulators and lawmakers are taking note of the AI craze and are keen on ensuring that companies involved in AI are respecting both antitrust and consumer protection laws.
11 minute read

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