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January 26, 2024 | The American Lawyer

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.
4 minute read
January 24, 2024 | New York Law Journal

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.
7 minute read
January 23, 2024 | Law.com

Your Clients Are Leaving Without Telling You: The Morning Minute

The news and analysis you need to start your day.
4 minute read
January 22, 2024 | The American Lawyer

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.
8 minute read
January 22, 2024 | The Recorder

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.
5 minute read
January 16, 2024 | The American Lawyer

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.
7 minute read
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.

January 08, 2024 | The American Lawyer

Deal Watch: Cravath, Skadden, Shearman, K&L Gates Steer Health Care Deals Amid Industry Momentum

"We are cautiously optimistic the healthcare and pharma IPO market will gain strength in 2024," said McDermott partner Todd Kornfeld.
7 minute read
January 08, 2024 | The American Lawyer

More Law Firms in New York Opt for Larger Spaces

King & Spalding and Paul Weiss are among the latest to secure new, larger space in New York.
5 minute read
January 04, 2024 | The American Lawyer

Kirkland, Goodwin Take Lead in M&A Tables, as Simpson and Weil Fall in Rankings

Amid the battle for the top M&A spot, 2023 was the slowest full-year period for dealmaking since 2013.
4 minute read

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