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By John C. Coffee Jr. | November 15, 2017
In his Corporate Securities column, John C. Coffee Jr. writes: The pattern of the vast majority of activist challenges being settled through private negotiations makes the settlement process academically interesting. What gets negotiated? And with what outcomes?
1 minute read
Delaware Business Court Insider
By Jason J. Mendro and Jeffrey S. Rosenberg | November 15, 2017
It is an all-too familiar accusation to many directors: If only you had done something more, the corporation could have avoided an injury or loss. Since the mid-1990s, Delaware courts have repeatedly recognized that attempting to pin personal liability on directors for their alleged inaction is “possibly the most difficult theory in corporation law upon which a plaintiff might hope to win a judgment,” as in In re Caremark International Derivative Litigation, 698 A.2d 959, 967 (Del. Ch. 1996).
1 minute read
Delaware Business Court Insider
By Edward M. McNally | November 14, 2017
Delaware recognizes the need to promptly resolve disputes over the composition of the board of directors of a Delaware corporation.
1 minute read
By Cogan Schneier | November 13, 2017
Sharp Electronics appealed the order from U.S. District Judge James Boasberg within hours.
1 minute read
Delaware Business Court Insider
By Tom McParland | November 13, 2017
The Delaware Court of Chancery on Monday dismissed a books-and-records suit against plastics supplier A. Schulman Inc., finding that the plaintiff's Levi & Korsinsky attorneys—and not their client—were the force behind the suit.
1 minute read
By JOHN SALUSTRI | November 11, 2017
Results showed a continuing trend of solid performance—and growth—for the sector.
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By Mark Dubois | November 8, 2017
David Boies, one of the country's leading litigators, is getting some bad press over his involvement in the Harvey Weinstein matter. I guess even…
1 minute read
By Max Mitchell | November 7, 2017
The Pennsylvania Supreme Court has agreed to hear arguments in a case about the complex attorney-client privilege issues that can arise during derivative actions involving nonprofit corporations and special investigating committees.
1 minute read
Delaware Business Court Insider
By Tom McParland | October 25, 2017
The Delaware Court of Chancery on Wednesday dismissed a derivative suit accusing the Viacom Inc. board of waste and breach of fiduciary duty for paying Sumner Redstone $13 million over the course of three years, even as the former chairman's declining health prevented him from providing valuable services to the company.
1 minute read
By Laura R. Kuntz | October 25, 2017
U.S. public companies, other than emerging growth and smaller reporting companies, are tackling their first pay ratio disclosures.
1 minute read
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MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS