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Specifically focused on corporate purchases and sales and the laws involved with public entitites.
By Ashleigh Taylor | December 19, 2023
Given the CTA's sweeping scope and the extensive information required for compliance, the new legislation will undoubtedly have significant impacts on middle market M&As moving forward.
6 minute read
Delaware Business Court Insider
By Lewis H. Lazarus | December 13, 2023
Parties in business transactions sometimes decide by contract that disputes relating to or arising out of their contractual relationship shall be resolved by arbitration. If and when a dispute arises, a threshold issue is whether the dispute is covered by arbitration and if so, whether any aspect may be resolved by a court.
6 minute read
By Patricia Elias | December 12, 2023
As an industry that focuses on the review, processing and creation of data and content, the legal sector is naturally positioned to benefit directly from the use of AI. However, these opportunities are countered by challenges surrounding the handling of information and data.
8 minute read
Delaware Business Court Insider
By Matthew J. Rifino and Philip D. Amoa | December 6, 2023
In Braga, an investor sought to rescind an agreement and recoup its investment based on a fraudulent inducement theory after the investor's relationship with the deal sponsor turned sour. The Delaware Court of Chancery refused to undo the transaction and the investor was left with several expensive lessons in deal making.
6 minute read
By Shari L. Klevens and Alanna Clair | December 4, 2023
The CTA's effective date, Jan. 1, is fast approaching. Thus, lawyers and law firms should prepare by considering not only the reporting obligations of their clients, but also whether they have any newly imposed obligations themselves.
5 minute read
By Riley Brennan | November 29, 2023
"Here, nobody disputes that thousands of different compounds fall under the heading of PFAS; one of the defendant's experts puts the number of different PFAS at 5,000-10,000, which is roughly the number of known species of mammals on Earth," U.S. Court of Appeals Judge Raymond M. Kethledge for the Sixth Circuit said. "To allege simply that these defendants manufactured or otherwise distributed 'PFAS,' therefore, is patently insufficient to support a plausible inference that any of them bear responsibility for the particular PFAS in Hardwick's blood."
6 minute read
By Alex Anteau | November 27, 2023
"We represent a single individual in his mid-60s who obviously was concerned about spending his entire retirement on the case and they are a multi-million dollar conglomerate of companies," said plaintiff's attorney Doug Kertscher.
5 minute read
Delaware Business Court Insider
By Elizabeth S. Fenton | November 22, 2023
In the Hauppauge Digital case, the court affirmed the Court of Chancery's discretion to reject the parties' proposed confidentiality restrictions, and held that the decision regarding confidentiality restrictions is "a context-driven balancing exercise, the result of which will not be disturbed on appeal unless clearly unreasonable or capricious."
5 minute read
By Allison Dunn | November 21, 2023
"JetBlue argues that because JetBlue's manual contains a § 121.709(e) authorization, the AMM [Aircraft Maintenance Manual] reference provision is inapplicable. ... JetBlue would have the court interpret § 121.709(e) as exempting JetBlue from following its own procedures. But FARs do not negate compliant rules air carriers place on themselves via their maintenance manuals. In fact, 14 C.F.R. § 121.709(b)(1) explicitly states that aircraft maintenance logs must 'be prepared in accordance with the carrier's maintenance manual,'" U.S. District Judge Indira Talwani wrote.
3 minute read
By Riley Brennan | November 16, 2023
This complaint was first surfaced by Law.com Radar.
2 minute read
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