The Crime Report

JUNE 9, 2023

The Department of Justice and the Attorney General of Delaware have announced indictments totaling 35 counts against four people in connection with a series of crimes including carjackings, a kidnapping, a rape, and theft that occurred as part of a crime spree in April.

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Law 360

JUNE 17, 2024

Pointing to recent Tesla stockholder votes to reincorporate in Texas and approve a mammoth Elon Musk pay package voided in Delaware, an attorney for Tesla has asked the Court of Chancery to reconsider holding a July 8 hearing on a proposed multibillion fee for class attorneys who won the Musk salary put-down.

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Law 360

APRIL 10, 2024

With Elon Musk's recent decision to reincorporate his companies outside of Delaware, and with more businesses increasingly considering Nevada and Texas as corporate homes, attorneys at Baker Botts look at each jurisdiction's foundation of corporate law, and how the differences can make each more or less appealing based on a corporation's needs.

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Above The Law

NOVEMBER 29, 2022

This court commentator is a practicing attorneys, not a reporter. The post 3 Questions For A Delaware Litigator And Court Commentator (Part II) appeared first on Above the Law. He has a better idea of when a decision is significant and when it’s not.

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Law 360

MARCH 13, 2023

Delaware's Chancery Court last week saw new cases from shareholders of World Wrestling Entertainment, Kraft Heinz, Block Inc. and Grayscale Investments.

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Law 360

AUGUST 22, 2022

Shareholders of Santander Consumer USA, La Jolla Pharmaceutical, Nektar Therapeutics and Inovalon Holdings filed new suits in Delaware's Court of Chancery last week, and attorneys for billionaire Elon Musk and Twitter Inc. deforested a small hillside to document an increasing number of discovery disputes.

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LegalReader

MAY 4, 2022

Employers in Delaware must follow the Fair Labor Standards Act, which clearly defines when employees are entitled to overtime pay.

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Law 360

JANUARY 5, 2024

A third attorney team representing World Wrestling Entertainment Inc. stockholders has signaled a tag-in for a widening Delaware Court of Chancery rumble with founder Vincent McMahon and top company officials and directors over WWE's allegedly rushed dive into a merger that created TKO Group Holdings Inc.

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The IP Law Blog

JANUARY 5, 2023

Chief Judge Connolly in Delaware says they do, and in In re Nimitz, the Federal Circuit denied a request to stop the judge’s inquiry. Later the district court became aware that IP Edge LLC was assigning patents to various LLCs, who in turn were acting as plaintiffs in patent cases filed in the District of Delaware.

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Law 360

JANUARY 9, 2023

Delaware firm Morris James has elected an attorney in the firm's corporate and commercial litigation practice group and a civil litigation lawyer from a family with deep roots in the First State's legal community as its newest partners.

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Law 360

JUNE 26, 2023

Delaware Court of Chancery last week gave the nod to a range of settlements, fee awards and case consolidations, as attorneys from companies including Carvana and Facebook pushed back on shareholder suits.

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Law 360

JULY 15, 2024

Chancery Court news was full of fees and settlements last week, with three multimillion-dollar deals getting a court OK, and a day-long discussion over a potentially multibillion-dollar fee award for attorneys who got Tesla CEO Elon Musk's astronomical pay package thrown out.

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Law 360

DECEMBER 17, 2021

Barnes & Thornburg LLP has added a corporate and government services attorney who earlier in his career worked with Drinker Biddle & Reath LLP as a partner in its Wilmington, Delaware, office, the firm has announced.

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Law 360

OCTOBER 25, 2023

In light of the Court of Chancery's recent focus on additional disclosures, the assignment for the benefit of creditors process in Delaware may no longer be as efficient as it once was, and companies should be prepared to provide significantly more information leading up to an ABC, say attorneys at Goodwin.

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JURIST

APRIL 14, 2024

Hunter Biden’s original motion to dismiss the charges alleged that the appointment of Special Counsel David Weiss, appointed by Attorney General Merrick Garland in 2023, was unlawful under Department of Justice (DOJ) regulations , which state that “The Special Counsel shall be selected from outside the United States Government.”

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Law 360

AUGUST 29, 2022

Recent state court decisions mirroring procedures employed by the Delaware Chancery Court to short-circuit the adjudication of disputes concerning ultra vires corporate acts are a welcome sign for parties who are required to litigate their corporate disputes outside of Delaware, say attorneys at Akerman.

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Law 360

NOVEMBER 15, 2024

The Delaware Court of Chancery recently held in Gunderson v. The Trade Desk that only a majority stockholder vote is needed to approve a company's proposed reincorporation from Delaware to Nevada through a corporate conversion, which bodes well for other companies also considering leaving the First State, say attorneys at Fried Frank.

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Law 360

NOVEMBER 20, 2024

attorneys for shareholders of both urged a Delaware vice chancellor on Wednesday to reject calls to dismiss challenges to the measures. Arguing that recent corporate advance notice bylaws have resulted in "real, actual harm" to stockholders of Owings Corning and The AES Corp.,

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LawSites

DECEMBER 16, 2021

The Delaware court system is recognized throughout the legal profession as a leading forum for the litigation of business and commercial disputes. In Delaware, the pro hac vice counsel doesn’t get the notice,” he said. It cuts out steps and ensures that everyone gets the filing, that everyone is on the same page,” said Brian E.

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LawSites

DECEMBER 16, 2021

The Delaware court system is recognized throughout the legal profession as a leading forum for the litigation of business and commercial disputes. In Delaware, the pro hac vice counsel doesn’t get the notice,” he said. It cuts out steps and ensures that everyone gets the filing, that everyone is on the same page,” said Brian E.

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Law 360

NOVEMBER 7, 2022

New cases in Chancery Court last week ranged from cannabis control in California to fraud claims in Rwanda, while decisions covered everything from yoga to attorneys blacklisted from concert halls. Oddly enough for Chancery Court regulars, the Twitter disputes happened elsewhere.

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LegalReader

JUNE 8, 2022

A civil lawsuit is started with a complaint that needs to be drafted in the proper format, filed in the local court system, and served to the defendant.

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Law 360

OCTOBER 20, 2021

The recent Delaware Chancery Court ruling in Online HealthNow v. CIP OCL reiterates that contractual fraud claims cannot be eliminated with the stroke of a pen, and serves as a reminder that Delaware courts will not permit statutory limitations on liability to excuse intentional fraud, say attorneys at Shearman.

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Law 360

FEBRUARY 17, 2022

The District of Delaware's longest-tenured judge is on his way to the Federal Circuit, but the second-busiest district court for patent cases has procedures in place that will allow it to efficiently manage its docket even while short-handed, attorneys say.

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Law 360

FEBRUARY 23, 2024

A Delaware Chancery judge's rejection of Elon Musk's $55 billion Tesla pay package shows how a court historically viewed as corporate-friendly may be shifting, one of several trends executive compensation experts told Law360 they're seeing. Here are four issues executive pay lawyers should have on their radar.

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Law 360

NOVEMBER 8, 2024

Cautioning that class attorneys in virtual lookalike settlements shouldn't expect to match big, early fee awards, a Delaware vice chancellor on Friday approved a $300,000 attorney fee — downsized from a $2.4 million request — for those who secured a company agreement to scuttle an overreaching shareholder rights "poison pill."

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Law 360

NOVEMBER 14, 2024

A Delaware magistrate in Chancery decision shielding company records from stockholder demands based on anonymous, pre-suit sources and purportedly new, post-demand requests threatens one of the few sources available for probing corporate wrongdoing, a stockholder attorney told a vice chancellor on Thursday.

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Law 360

OCTOBER 29, 2024

Stockholder attorneys who waged a multiyear Delaware Court of Chancery battle over IDT Corp. million attorney fee. founder Howard Jonas' campaign to scuttle damage claims against him arising from federal sanctions against Straight Path Communications on Tuesday lost a Chancery fight for a $9.5

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Law 360

OCTOBER 6, 2023

The pieces are set for a Delaware Court of Chancery attorney leadership hearing Nov. 9 for a derivative suit seeking damages from Fox Corp. directors and officers after the company's $787 million settlement of a $1.6 billion defamation suit filed by Dominion Voting Systems earlier this year.

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Law 360

APRIL 9, 2024

Lewis Brisbois Bisgaard & Smith LLP has bolstered its Delaware office with the addition of a commercial and bankruptcy attorney who formerly operated her own firm for more than six years.

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Law 360

NOVEMBER 7, 2024

Attorneys for the sponsor of a deal that took digital health equipment venture Butterfly Network public in February 2021 argued Thursday for a stay or dismissal of a Delaware Court of Chancery suit challenging the deal, citing extensive overlap with an earlier-filed federal securities action in New Jersey.

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Law 360

OCTOBER 24, 2024

Clark Hill PLC has added an attorney who previously led Elliott Greenleaf PC's Delaware office to help bolster the firm's litigation team and its work handling corporate litigation in the First State's esteemed Chancery Court.

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Law 360

OCTOBER 30, 2024

Delaware's justices closely questioned on Wednesday an attorney defending shopping and travel giant Tripadvisor Inc.'s s bid to reincorporate in Nevada, pressing for frameworks that protect the interests of current stockholders as well as fiduciaries and investors seeking more business-friendly pastures.

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JURIST

JUNE 20, 2023

The US Attorney for the District of Delaware charged Hunter Biden, US President Joe Biden’s son, on Tuesday with tax and firearm offenses. Previously, Hunter Biden disclosed he was under investigation by the US Attorney’s Office in Delaware in 2020 regarding his taxes. Biden faces two tax-related charges.

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Law 360

OCTOBER 30, 2024

An attorney for insurers who brought a mid-case appeal in a tangled suit focused on a Texas Medicaid claims processor's battles over its alleged errors and omissions in orthodontia billings told Delaware's Supreme Court Wednesday that the original case was "steeped in fraud" and propped up by negligence claims.

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Law 360

APRIL 12, 2024

The proposed Delaware General Corporation Law amendment in response to the Court of Chancery's recent opinion in West Palm Beach Firefighters' Pension Fund v.

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Law 360

OCTOBER 23, 2024

An attorney for Oracle Corp. stockholders rattled off a barrage of alleged disclosure failures, analytical flaws and errant deference decisions Wednesday during a Delaware Supreme Court appeal from the Chancery Court's toss last year of a challenge to the company's $9.3 billion acquisition of NetSuite Corp.

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