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Delaware Business Court Insider
By Cliff C. Gardner and TJ Rivera | March 27, 2024
"Fueled by hindsight bias," Vice Chancellor Lori W. Will explained, Caremark suits have "proliferated in Delaware" seeking to hold directors personally liable for imperfect efforts, operational struggles and business decisions. But, the court noted, a stockholder's position that the board's response to a corporate crisis merely "came too late and did too little" is insufficient under Caremark, which requires a showing that directors acted in bad faith.
6 minute read
By ALM Staff | March 20, 2024
It was another challenging year in 2023 for dealmaking, but Big Law's talented transactional lawyers brought expertise, creativity and profoundly hard work to bear.
1 minute read
By ALM Staff | March 20, 2024
It was another challenging year in 2023 for dealmaking, but Big Law's talented transactional lawyers brought expertise, creativity and profoundly hard work to bear.
1 minute read
By Justin Henry | March 18, 2024
Mattias Luukkonen and Michael Gorback are the latest California-based partners to join K&L Gates since the beginning of 2023, joining names from Tucker Ellis, Ellis George and Akin.
5 minute read
Delaware Business Court Insider
By Brandon R. Harper | March 6, 2024
In a recent memorandum opinion dismissing a suit brought by stockholders derivatively on behalf of Walgreens Boots Alliance, Inc. (Walgreens), Vice Chancellor Lori Will of the Delaware Court of Chancery issued a reminder of the "narrow confines" in which a successful Caremark claim lives.
8 minute read
Delaware Business Court Insider
By Kaan Ekiner and Mark E. Felger | March 6, 2024
In Ramco Asset Management v. USA Rare Earth, 2023 WL 6939263 (Del. Ch. Oct. 20, 2023), Vice Chancellor Sam Glasscock III considered jurisdictional…
8 minute read
By Chris O'Malley | March 4, 2024
"I'm not surprised. I think you very well will see more of that. I doubt this will be the only one," corporate governance expert Charles Elson said.
6 minute read
By Colleen Murphy | March 1, 2024
"We will litigate this case to the fullest extent necessary to ensure the NCAA's monopoly cannot continue to harm Tennessee student-athletes. The NCAA is not above the law, and the law is on our side," Tennessee Attorney General Jonathan Skrmetti said.
6 minute read
By Nicole M. Danner | February 22, 2024
How do you navigate this ever-changing data protection and privacy landscape?
8 minute read
By Dan Roe | February 21, 2024
Debt finance partner Paul Sandler arrived from Paul Weiss, Kirkland announced on Wednesday, alongside an insurance M&A partner from Sidley Austin and two real estate tax lawyers from Weil Gotshal.
2 minute read
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Shipman is seeking an associate to join our Labor & Employment practice in our Hartford, New Haven, or Stamford office. Candidates shou...
East Brunswick Law firm concentrating in plaintiff's personal injury, employment law, medical malpractice and worker's compensation seeks an...
McManimon, Scotland & Baumann, LLC is seeking talented and motivated Associate Attorneys with 3-7 years of experience working closely wi...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS