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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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

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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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

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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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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eFiling Law Firm Law Firms Litigation 52

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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eFiling Law Firm Law Firms Litigation 52

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 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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Court Rules Attorney Court 40

Law 360

JULY 18, 2024

A Delaware vice chancellor granted a $6 million fee request on Thursday from attorneys who won a Chancery Court strike-down of a stockholder agreement granting Moelis & Co. founder Ken Moelis expansive control over the global investment bank's decisions.

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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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Attorney Court 40

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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Attorney 98

Law 360

JULY 19, 2024

A new and an amended stockholder complaint have taken aim in Delaware's Court of Chancery at the $4 billion January take-private acquisition of customer engagement and payments venture EngageSmart Inc. by interests of Vista Equity Partners, following a Thursday deadline for consolidated complaint and lead attorney and plaintiff proposals.

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Law 360

JULY 19, 2024

The Delaware Court of Chancery's recent decision in Sciannella v. was not a controller of Viela, despite having management control — shows that overall context matters when challenging transactions on breach of fiduciary duty grounds, say attorneys at Fried Frank. AstraZeneca — which found that the pharma giant, a 26.7%

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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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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

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

JULY 8, 2024

A stockholder attorney whose team won an order voiding Tesla CEO Elon Musk's $56 billion, stock-based, 10-year compensation package in January urged Delaware's Court of Chancery on Monday to reject as "inherently wrong" the electric vehicle manufacturer's attacks on winning-side, stock-based attorney fee proposals ranging in value from $1.44

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Law 360

JULY 15, 2024

An attorney for private equity firm Clayton Dubilier & Rice LLC told a Delaware vice chancellor Monday that stockholders of animal health company Covetrus Inc.

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Law 360

JULY 12, 2024

won Delaware Chancery Court approval Friday of a $19.5 million going to class attorneys after expenses. Former shareholders of Convey Health Solutions Inc. million cash settlement to resolve a class challenge to the healthcare technology company's $1.1 billion take-private acquisition by TPG Inc.,

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Healthcare Technology Attorney Court 52

Law 360

JULY 11, 2024

An attorney for former Caravan Health Inc. stockholder representatives told a Delaware vice chancellor on Thursday that acquirer Signify Health Inc. sabotaged Caravan's business in order to scuttle an obligation to add as much as $50 million in performance-based "earnouts" to the $250 million merger price.

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Attorney 52

Law 360

JUNE 5, 2024

In response to issues raised in three recent high-profile Delaware Court of Chancery decisions, many amendments to the Delaware General Corporation Law were quickly proposed that, if enacted, would bring significant changes likely to be hotly debated — and litigated — for the foreseeable future, say attorneys at Morgan Lewis.

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Laws Litigation Litigating Attorney 52

Law 360

MAY 24, 2024

Proposed amendments to Delaware's corporate code that some say could potentially upend the traditional power structure within corporations were introduced in Delaware's Legislature on Thursday evening, despite outcry from many academics, corporate law attorneys, and some business groups that the changes are going too far, too fast.

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Law 360

JULY 3, 2024

Cooley LLP was disqualified on Wednesday from representing a pharmaceutical customer-support software company against patent infringement claims in Delaware, with the district court citing a Cooley partner's prior work representing the plaintiff and Cooley's refusal to screen its attorney.

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Attorney Court 52

Law 360

JULY 10, 2024

billion offer, an attorney for SAP directors told Delaware's Court of Chancery on Wednesday. Thoma Bravo LP may have offered $1.2 billion more than the Silver Lake Management to buy Qualtrics International Inc. from software company SAP SE in 2023, but other aspects of the bid were less attractive than Silver Lake's $12.5

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Attorney Court 52

Law 360

DECEMBER 22, 2023

million to settle allegations brought by its former chief compliance officer accusing the Delaware-based healthcare provider of engaging in a kickback scheme with private neonatology physicians, attorneys representing the whistleblower said Thursday. ChristianaCare will pay $47.1

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Law 360

MARCH 6, 2024

billion squeeze-out by BDT Capital Partners LLC heated up Wednesday in Delaware's Court of Chancery as more than a dozen firms on teams led by Scott + Scott Attorneys at Law LLP, Friedlander & Gorris PA and Prickett Jones & Elliot PA are battling to lead a consolidated class suit. The competition among former Weber Inc.

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Law 360

JUNE 25, 2024

Shareholder attorneys led by Friedlander & Gorris who negotiated a $71 million settlement to end derivative Delaware Chancery Court litigation with healthcare-purchasing giant Premier Inc. will get $14 million for their efforts, the total fee award they sought.

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Law 360

JUNE 27, 2024

An attorney representing a former Sotera executive said Thursday in Delaware's Court of Chancery that the lab testing and industrial sterilization firm failed to justify its request for dismissal of a lawsuit alleging the company wrongly refused to vest his purported right to 620,000 shares in the business after his departure.

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