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Ending one skirmish amid the legal battles at Tesla over excessive compensation, a Delaware Chancery Court on January 8 approved a deal that Teslas board of directors struck 18 months ago to return roughly $919 million to the company. Along with the settlement, Delaware Chancery Court Chancellor Kathaleen McCormick also approved $176.2
This court commentator is a practicing attorneys, not a reporter. The post 3 Questions For A DelawareLitigator 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.
Do defendants and the court have the right to ask who is funding a particular patent litigation? 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. The issue arose as a result of two standing orders issued by Judge Connolly.
I began my paralegal career working for one attorney, in one specific area of law. I thought I was busy then, but nothing prepared me for the circus act of juggling multiple cases for multiple attorneys in different practice areas. In this blog post, I’ll share some helpful advice for paralegals who work for multiple attorneys.
Fox Rothschild LLP has added an attorney to its Delaware office who spent more than a decade at commercial litigation boutique Abrams & Bayliss LLP to bolster its ability to handle cases in the Chancery and other courts.
Considering the importance of settlement to patent cases, you would think that law firms would invest as much into training their less experienced attorneys on the set of skills necessary to achieve good client outcomes at settlement as they do in training up-and-coming litigators on how to take a deposition, for example.
Stroud is General Counsel at Unified Patents – an organization often adverse to litigation-funded entities. [1] litigation finance boom of the past 20 years—as has been widely reported, private equity now undergirds huge swaths of U.S. Guest post by Jonathan Stroud. Patent assertion finance today is a multibillion-dollar business. [2]
has agreed to resolve derivative claims in multiple stockholder suits in California federal court and Delaware's Court of Chancery by implementing corporate governance reforms and paying up to $2.15 million to plaintiffs' attorneys, the company has announced. Pop culture lifestyle brand Funko Inc.
The attorney I worked for, and his paralegal, took me under their wings and exposed me to the wonderful world of Plaintiff’s work. When I had several cases in litigation, I was detached at home most days and I had to make a change. It opened the door to a hallway of opportunities and my paralegal career began.
Amid a push by Delaware lawmakers to overhaul the First State's corporation law provisions, the state Senate is seeking recommendations aimed at avoiding "excessive" attorney fee awards in corporate litigation, drawing a mixed reaction from members of Delaware's lawyers and corporate law scholars.
A fast-moving legislative push to curb some stockholder litigation and large class attorney fees in Delaware courts is getting more pushback, two weeks ahead of an initial state Senate hearing on the measure.
A recent Delaware decision in Twitter v. Musk underscores that policies and practices relating to a company's right to access personal emails on its accounts may affect any attorney-client privilege that otherwise would protect such emails from discovery in litigation, say attorneys at Fried Frank.
Amendments to Delaware's General Corporation Law topped the news out of the Court of Chancery again last week, as the hotly contested measure sailed through the state's legislature.
Litigation linked to billionaire Elon Musk sparked several filings in Delaware's Court of Chancery last week, including a call for sanctions and hand-wringing about a proposed multibillion-dollar attorney fee. Other court activity centered on Paramount's proposed $4.5 and 3D-imaging and digitization venture Matterport Inc.
Attorneys for former CBS Corp. million settlement to end class litigation over alleged damages arising from the company's $30 billion merger in 2019 with Viacom Inc., the attorneys told the Delaware Chancery Court in a stipulation filed Friday.
An attorney for Camping World Holdings Inc. directors told a Delaware vice chancellor Tuesday that stockholder claims for derivative damages tied to $530 million in alleged insider trading can't pass newly clarified court requirements to show the futility of demands for company-led litigation.
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.
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.
The Delaware court system is recognized throughout the legal profession as a leading forum for the litigation of business and commercial disputes. Farnan told me the service has already proven to save staff time and resources at his firm, particularly in cases in which he is working with out-of-state counsel in a litigation matter. .
The Delaware court system is recognized throughout the legal profession as a leading forum for the litigation of business and commercial disputes. Farnan told me the service has already proven to save staff time and resources at his firm, particularly in cases in which he is working with out-of-state counsel in a litigation matter. .
Tesla urged the Delaware Supreme Court on Tuesday to slash a $176 million attorney fee award granted as part of an excessive director compensation suit settlement, saying it amounts to a "windfall in a case that settled well before trial and after three years of only tepid litigation."
Attorneys for tech billionaire Elon Musk urged Delaware's chancellor Tuesday to delay the scheduled Oct. 17 start of a trial on Twitter's suit to compel closing on Musk's $44 billion deal to buy the company, with Twitter's counsel slamming the request as an unsupportable litigation gambit.
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.
The Delaware Chancery Court's third decision in the McDonald's stockholder litigation related to sexual harassment at the company indicates that plaintiff stockholders bringing Caremark claims against officers are not likely to be successful if the board acted properly, say attorneys at Fried Frank.
A Delaware vice chancellor plans to reject an AMC Entertainment investor's calls to disqualify a Prickett Jones & Elliott PA attorney appointed to review filings as the court prepares to consider the roughly $130 million settlement of litigation over a purportedly unfair stock conversion.
An attorney for residential solar power system dealer Sunder Energy LLC told Delaware's top court Wednesday that the Chancery Court last year relied on a case record "procedurally anomalous and bereft of fact" when it denied a preliminary injunction in a noncompete suit targeting a co-founder and two competitors.
The Delaware Chancery Court on Friday refused Tesla CEO Elon Musk's request for a "blanket" waiver of the attorney-client privilege Twitter Inc. has cited in refusing to hand over documents in litigation over Musk's attempt to get out of his $44 billion offer to buy the company.
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.
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.
We were curious as to the status of online court help to the self-represented litigants as a good 2021 year-end wrapup article for the CTB? Colorado courts have a dedicated page for "Efiling for Non-Attorneys" at: [link] There are links to forms and video/written tutorials listed. We share what we found below.
The Delaware chancellor on Thursday chastised Gilead Sciences Inc. for "glaringly egregious" litigation conduct, ordering the company to pay nearly $1.76
But isn’t it more overwhelming to have opposing counsel or your attorney ask you for information that you know is only in an email… somewhere? When I used to practice solely personal injury , I created folders for the cases that were in active litigation and then a sub-folder with the case name.
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.
The Delaware Chancery Court’s recent dismissal of a stockholder complaint against Carvana illustrates how special litigation committees can be a powerful tool for boards to regain control after litigation alleging a breach of fiduciary duty, say attorneys at Morgan Lewis.
In earlier litigation, the Waterfront Commission sued the New Jersey governor to prevent him from enforcing the law. whose attorneys contribute to SCOTUSblog in various capacities, is among the counsel to the petitioner in this case. TitleMax of Delaware, Inc. However, the U.S. City of Oakland, California v. Oakland Raiders.
Pointing to a Chancery Court finding of no damages after seven years of class litigation over a nearly $1.2 billion alleged liability, attorneys for IDT Corp. founder Howard Jonas on Monday urged a Delaware vice chancellor to reject a class attorney bid for a $9.5 million fee award.
Recent Delaware earnout litigation illustrates the need for careful drafting and proactive planning to avoid later divergent interpretations of the signed contract, and a series of drafting tips can help, say attorneys at Cozen O'Connor.
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.
Editor’s Note: Avery Welker is a rising 2L at Mizzou and likely a future patent attorney. is incorporated in Delaware and headquartered in Sunnyvale, California (in the Northern District of California). and litigating patents away from D.C. You can email ideas for future posts to avery@patentlyo.com. – Dennis Crouch.
It took me over a year to accept another position and give notice to my attorney. You are invited to our FREE Litigation Paralegal Workshop If you’re a new litigation paralegal, our Litigation Paralegal Blueprint: 3 Cornerstones to Fast-Track Your Success workshop will help you discover what’s possible in your paralegal career.
The Delaware Court of Chancery's recent decision in Medal v. Beckett Collectibles provides guidance for avoiding ambiguity in provisions relating to the acceleration of earnout payments under specified circumstances, and provisions mandating good faith negotiations before bringing earnout litigation, say attorneys at Fried Frank.
That sets up a situation in hundreds of civil legal cases involving small claims suits, evictions and other minor disputes, where the only individual in the courtroom who is aware of the law is the attorney for the prosecution, say the authors of the paper, Sara Sternberg Greene and Kristen Renberg, both of the Duke University School of Law.
Corporate and mergers and acquisitions litigation has continued at a fevered pace this year, with the Delaware courts addressing numerous novel issues with important practical implications, including officer exculpation and buyer aiding-and-abetting liability, say attorneys at Fried Frank.
sued the company for an $850,000 attorney fee in Delaware's Court of Chancery on Friday, accusing the company of snubbing a payment request for an earlier litigation demand he served on the company. An investor in car-sharing business Getaround Inc.
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