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By Chris O'Malley | February 24, 2023
"If the government's position were to prevail, a staggering number of federal agencies would have the unfettered ability to invade client confidences with an administrative subpoena," said Susanna McDonald, the Association of Corporate Counsel's chief legal officer.
4 minute read
By Dan Roe | February 16, 2023
The law firm posted 10% gains in gross revenue and profits per equity partner as M&A and private equity complemented strong litigation demand.
5 minute read
Delaware Business Court Insider
By Albert H. Manwaring IV | February 8, 2023
While the Stone v. Ritter decision only recognized the oversight duties of directors, three years later, the Delaware Supreme Court ruled that "the fiduciary duties of officers are the same as those of directors." See Gantler v. Stephens, 965 A.2d 695, 709 (Del. 2009).
6 minute read
Delaware Business Court Insider
By Kaan Ekiner and Mark Felger | February 1, 2023
In recent years, litigation over financial projections has increased in frequency. These claims, sometimes involving allegations of fraud, are typically decided by the Delaware Court of Chancery or the Delaware Superior Court's Complex Commercial Litigation Division.
7 minute read
Delaware Business Court Insider
By Michael P. Maxwell and Alyssa Gerace Frank | February 1, 2023
'Twas the week before Christmas, and the Delaware Supreme Court delivered an early present to Loews Corp.: a resounding reversal of a 2021 Delaware Court of Chancery ruling excoriating the entire process through which Boardwalk Pipeline Partners' general partner took the company private and awarding the plaintiff investors with nearly $700 million in damages, plus interest.
10 minute read
By Colleen Murphy | January 31, 2023
"Respondent failed to notify anyone, including her employer Ricoh, of her administrative suspension," stated the decision. "Further, respondent failed to maintain records of the steps she took to comply with the Pennsylvania disciplinary rules governing suspended attorneys."
3 minute read
By Emily Saul | January 27, 2023
Defense counsel argues that the AG's use of the term "improperly group Defendants together, without regard to the nature or discrete legal identity of each Defendant."
2 minute read
By Max Mitchell | January 25, 2023
"While developing a practice happens both inside and outside of the firm, at the early career stages, it is important to develop relationships and obtain work inside the firm. I view my colleagues (both corporate and non-corporate) as internal clients," Vanessa Tabler of Faegre Drinker Biddle & Reath said.
7 minute read
Delaware Business Court Insider
By Benjamin A. Smyth | January 25, 2023
Restrictive covenants—like noncompetition and nonsolicitation provisions—are common. A recent decision by the Delaware Court of Chancery is important to understanding how restrictive covenants can be used and makes clear that the covenant cannot be overly broad, even if the parties have agreed that it is "reasonable."
4 minute read
Delaware Business Court Insider
By David J. Margules | January 25, 2023
Delaware's Supreme Court unanimously overturned a landmark Chancery Court judgment holding a general partner liable for exercising an option to cash out minority holders in bad faith reliance on a "contrived" legal opinion.
8 minute read
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Associate attorney position at NJ Immigration Law firm: Leschak & Associates, LLC, based in Freehold, NJ, is looking for a full time ass...
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Black Owl Recruiting is looking for a number of qualified applicants to fill positions for a highly reputable client. Recent experience work...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS