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Delaware Business Court Insider
By Albert H. Manwaring IV | February 7, 2024
In the court's recent decision, Icahn Partners v. Francis deSouza, the plaintiff Icahn stockholders sought to use privileged and confidential information shared with them by their designated director in a complaint, asserting direct and derivative fiduciary claims against other directors.
5 minute read
By Allison Dunn | February 5, 2024
"These misrepresentations also ensured that Siemens was always on the 'right side' of its guarantees (falsely reflecting cost savings) to the HHC, which ensured that Siemens would not be held responsible for failing to deliver the energy savings that it promised when it sought HUD approval," according to the plaintiffs' complaint.
3 minute read
By Colleen Murphy | February 1, 2024
A pair of lawsuits filed against JPMorgan Chase in Los Angeles and San Mateo superior courts alleged that the bank committed elder abuse by facilitating the theft of a combined $2 million from two elderly women's life savings through "pig butchering" schemes and fake Internal Revenue Service agent scams.
4 minute read
By Ellen Bardash | February 1, 2024
Bankruptcy experts are now expecting to see a steady stream of Chapter 11 filings continue throughout 2024, though not with a year-over-year jump like 2023's.
3 minute read
Delaware Business Court Insider
By Ellen Bardash | January 30, 2024
Chancellor Kathaleen McCormick concluded Musk was a controller of Tesla under Delaware law, putting the burden of entire fairness on his defense team from Cravath, Swain & Moore and Ross Aronstam & Moritz.
3 minute read
By Riley Brennan | January 26, 2024
According to the class action suit, more than 400 items were mispriced throughout store locations in D.C., many of which are alleged to have been mispriced and left uncorrected for months.
3 minute read
By Colleen Murphy | January 26, 2024
This suit was surfaced by Law.com Radar, ALM's source for immediate alerting on just-filed cases in state and federal courts. Law.com Radar now offers state court coverage nationwide. Sign up today and be among the first to know about new suits in your region, practice area or client sector.
3 minute read
By Katayun I. Jaffari and John Crozier | January 26, 2024
Implementation of practices has become especially crucial considering the newly required cybersecurity incident reporting and cybersecurity risk management and governance disclosure for public companies passed by the SEC last year.
7 minute read
By Alex Anteau | January 25, 2024
"The evidence is there that she was angry about the shifting responsibilities from her to [the plaintiff] and that could be a motive to destroy his career," said plaintiff-appellant counsel Randolph Mayer.
5 minute read
By Chris O'Malley | January 25, 2024
Exxon Mobil's mandatory retirement age of 65 forced the oil giant's prior two general counsel into retirement. Will current GC Craig Morford be next when he turns 65 on Feb. 10?
7 minute read
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Truly exceptional Bergen County New Jersey Law Firm is growing and seeks strong plaintiff's personal injury Attorney with 5-7 years plaintif...
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Job Opportunity: Location: Prestigious Florida Law Firm seeks to hire a Business attorney with at least 5 years of experience for their Ft. ...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS