Law 360

AUGUST 22, 2022

Shareholders of Santander Consumer USA, La Jolla Pharmaceutical, Nektar Therapeutics and Inovalon Holdings filed new suits in Delaware's Court of Chancery last week, and attorneys for billionaire Elon Musk and Twitter Inc. deforested a small hillside to document an increasing number of discovery disputes.

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LegalReader

MAY 4, 2022

Employers in Delaware must follow the Fair Labor Standards Act, which clearly defines when employees are entitled to overtime pay.

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The IP Law Blog

JANUARY 5, 2023

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. Later the district court became aware that IP Edge LLC was assigning patents to various LLCs, who in turn were acting as plaintiffs in patent cases filed in the District of Delaware.

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Law 360

JANUARY 9, 2023

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.

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Litigation Litigating Lawyer Lawyers 52

Law 360

JUNE 26, 2023

Delaware Court of Chancery last week gave the nod to a range of settlements, fee awards and case consolidations, as attorneys from companies including Carvana and Facebook pushed back on shareholder suits.

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Law 360

OCTOBER 25, 2023

In light of the Court of Chancery's recent focus on additional disclosures, the assignment for the benefit of creditors process in Delaware may no longer be as efficient as it once was, and companies should be prepared to provide significantly more information leading up to an ABC, say attorneys at Goodwin.

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Law 360

APRIL 9, 2024

Lewis Brisbois Bisgaard & Smith LLP has bolstered its Delaware office with the addition of a commercial and bankruptcy attorney who formerly operated her own firm for more than six years.

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Law 360

DECEMBER 17, 2021

Barnes & Thornburg LLP has added a corporate and government services attorney who earlier in his career worked with Drinker Biddle & Reath LLP as a partner in its Wilmington, Delaware, office, the firm has announced.

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Law 360

FEBRUARY 23, 2024

A Delaware Chancery judge's rejection of Elon Musk's $55 billion Tesla pay package shows how a court historically viewed as corporate-friendly may be shifting, one of several trends executive compensation experts told Law360 they're seeing. Here are four issues executive pay lawyers should have on their radar.

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Law 360

APRIL 12, 2024

The proposed Delaware General Corporation Law amendment in response to the Court of Chancery's recent opinion in West Palm Beach Firefighters' Pension Fund v.

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Law 360

AUGUST 29, 2022

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.

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LawSites

DECEMBER 16, 2021

The Delaware court system is recognized throughout the legal profession as a leading forum for the litigation of business and commercial disputes. In Delaware, the pro hac vice counsel doesn’t get the notice,” he said. It cuts out steps and ensures that everyone gets the filing, that everyone is on the same page,” said Brian E.

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eFiling Law Firm Law Firms Litigation 52

LawSites

DECEMBER 16, 2021

The Delaware court system is recognized throughout the legal profession as a leading forum for the litigation of business and commercial disputes. In Delaware, the pro hac vice counsel doesn’t get the notice,” he said. It cuts out steps and ensures that everyone gets the filing, that everyone is on the same page,” said Brian E.

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eFiling Law Firm Law Firms Litigation 52

Law 360

NOVEMBER 7, 2022

New cases in Chancery Court last week ranged from cannabis control in California to fraud claims in Rwanda, while decisions covered everything from yoga to attorneys blacklisted from concert halls. Oddly enough for Chancery Court regulars, the Twitter disputes happened elsewhere.

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Law 360

OCTOBER 20, 2021

The recent Delaware Chancery Court ruling in Online HealthNow v. CIP OCL reiterates that contractual fraud claims cannot be eliminated with the stroke of a pen, and serves as a reminder that Delaware courts will not permit statutory limitations on liability to excuse intentional fraud, say attorneys at Shearman.

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LegalReader

JUNE 8, 2022

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.

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Law 360

FEBRUARY 17, 2022

The District of Delaware's longest-tenured judge is on his way to the Federal Circuit, but the second-busiest district court for patent cases has procedures in place that will allow it to efficiently manage its docket even while short-handed, attorneys say.

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Law 360

OCTOBER 6, 2023

The pieces are set for a Delaware Court of Chancery attorney leadership hearing Nov. 9 for a derivative suit seeking damages from Fox Corp. directors and officers after the company's $787 million settlement of a $1.6 billion defamation suit filed by Dominion Voting Systems earlier this year.

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Law 360

APRIL 15, 2024

The Delaware Chancery Court’s recent refusal to make tech giant Oracle shoulder $5 million of plaintiff shareholders' attorney fees illustrates a trend of courts raising the standard for granting the mootness fee awards once ubiquitous in post-merger derivative disputes, say attorneys at Troutman Pepper.

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Law 360

MARCH 6, 2024

billion squeeze-out by BDT Capital Partners LLC heated up Wednesday in Delaware's Court of Chancery as more than a dozen firms on teams led by Scott + Scott Attorneys at Law LLP, Friedlander & Gorris PA and Prickett Jones & Elliot PA are battling to lead a consolidated class suit. The competition among former Weber Inc.

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JURIST

JUNE 20, 2023

The US Attorney for the District of Delaware charged Hunter Biden, US President Joe Biden’s son, on Tuesday with tax and firearm offenses. Previously, Hunter Biden disclosed he was under investigation by the US Attorney’s Office in Delaware in 2020 regarding his taxes. Biden faces two tax-related charges.

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Law 360

APRIL 17, 2024

Attorneys for Tesla Inc. notified Delaware's chancellor Wednesday that the company will seek stockholder approval June 13 for the same $55.8 billion Elon Musk compensation plan voided by Chancery Court on Jan. 30, along with reincorporation of Tesla as a Texas company.

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Law 360

DECEMBER 22, 2023

million to settle allegations brought by its former chief compliance officer accusing the Delaware-based healthcare provider of engaging in a kickback scheme with private neonatology physicians, attorneys representing the whistleblower said Thursday. ChristianaCare will pay $47.1

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Law 360

DECEMBER 13, 2023

Over the past year, the Federal Circuit has suspended one of its own judges, Delaware's chief federal judge has told the U.S. Department of Justice to investigate attorneys practicing in his court, and the Federal Circuit vacated a huge infringement verdict.

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Law 360

APRIL 1, 2024

Morris James LLP has hired three attorneys from Skadden Arps Slate Meagher & Flom LLP to launch the Delaware firm's new corporate and mergers and acquisition practice and enhance its already established corporate law services, the firm said Monday.

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JURIST

DECEMBER 8, 2023

The new charges join the two previous charges filed against him in a federal court in Delaware. US Attorney General appointed Special Prosecutor David Weiss to conduct and oversee the investigation into Biden in August, which led to the indictment issued on Thursday. He is also charged with one count of violating 26 U.S.C.

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Law 360

FEBRUARY 27, 2024

Attorneys for the family of a South Carolina man whose cancer death was allegedly linked to long working use of Monsanto Corp.'s s Roundup herbicide asked a Delaware Superior Court jury Tuesday for $142 million in punitive damages for the company's purported disregard of the product's toxic risk.

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Law 360

FEBRUARY 2, 2024

The Delaware Supreme Court's recent opinion in Lebanon County Employees' Retirement Fund v. Collis could be viewed as expanding plaintiffs' ability to viably plead a Caremark claim against directors, so Delaware companies should be on heightened alert and focus on creating a record of board oversight, say attorneys at V&E.

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JURIST

NOVEMBER 14, 2022

Attorneys general in 40 states Monday announced a $391.5 While the settlement ends the present lawsuit, Texas Attorney General Ken Paxton initiated a new lawsuit against Google last month for allegedly collecting biometric data on millions of Texans without their informed consent. The post Google reaches $391.5M

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Law 360

MAY 26, 2023

Attorneys for former CBS Corp. the attorneys told the Delaware Chancery Court in a stipulation filed Friday. stockholders are seeking more than $45 million in fees for their work on a $167.5 million settlement to end class litigation over alleged damages arising from the company's $30 billion merger in 2019 with Viacom Inc.,

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Litigation Litigating Attorney Court 98

Law 360

JANUARY 10, 2024

An attorney for a creditor seeking to attach and sell a defaulted debtor's stock told Delaware's Supreme Court Wednesday that a lower court finding that creditors must secure physical certificates in a seizure threatens to strip Delaware courts and creditors of some power over valid shares.

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Court Attorney 52

Law 360

MARCH 27, 2024

A Delaware Court of Chancery judge at a Wednesday hearing gave Left Coast Ventures Inc. time to fulfill a court order requiring it to cover legal fees for three former directors of the cannabis company defending a merger-related suit, after a company attorney told the judge the money will be coming.

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Law 360

AUGUST 14, 2023

Shareholders who filed dueling Delaware Chancery Court suits over Madison Square Garden Entertainment's 2021 merger with MSG Networks won court approval Monday for $133.5 million worth of settlements to resolve the two disputes, with attorneys for the plaintiffs securing more than $36 million in fees and expenses.

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Law 360

FEBRUARY 6, 2024

Proposed class attorneys who secured a $6 million settlement from medical device company AMDI Inc. after a purportedly underpriced and conflicted stock sale to an interest of Oracle founder Larry Ellison have asked Delaware's Chancery Court to approve $750,000 in attorney fees for their work.

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Law 360

MARCH 13, 2024

stockholders are sounding off to Delaware's chancellor after class attorneys sought a stock-based fee potentially worth more than $5 billion at current share prices following the Court of Chancery's reversal of Elon Musk's $55.8 billion stock-based pay plan on Jan.

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Attorney Court 52

Law 360

JUNE 29, 2023

stockholder settlement, a class attorney defended as historic on Thursday a potential $120 million deal to end a Delaware Chancery Court suit over a company share conversion and reverse stock split. Acknowledging investor losses and "meme" stock passions driving objections to a proposed AMC Entertainment Inc.

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Law 360

JUNE 30, 2023

A consulting firm founded by a former BDO USA LLP partner that lost a defamation lawsuit by default due to "egregious acts of spoliation" urged Delaware Superior Court Friday to reject BDO's request for $5.23 million in attorney fees and expenses, calling the proposed amount "a death sentence."

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