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Latest News in Corporate
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September 17, 2026
The mother of a Sonic employee who was fatally shot in 2023 must arbitrate her wrongful death suit against the restaurant, Texas appellate justices said Thursday, finding that she didn't meet her burden showing Sonic substantially invoked the court process in a way that conflicted with its right to compel arbitration.
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September 17, 2026
Nuclear power plant equipment company Holtec Nuclear Corp. on Thursday said it has postponed an expected initial public offering advised by Gibson Dunn & Crutcher LLP.
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September 17, 2026
The broader adoption of the Uniform Assignment for the Benefit of Creditors Act, including Delaware's recent statute, gives boards and lenders a clearer framework for a familiar middle-market problem: companies too small to justify Chapter 11 economics but too complex for an unmanaged shutdown, says Jon Labovitz at Sherwood.
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September 17, 2026
The Delaware Chancery Court has dismissed a stockholder suit challenging the $4.4 billion sale of analytics software company Alteryx Inc. to private equity firms Insight Venture Management LLC and Clearlake Capital Group LP, finding that an overwhelming stockholder vote approving the deal wiped out the investors' fiduciary duty claims.
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September 17, 2026
Two proposed class action lawsuits filed in Illinois federal court Wednesday accuse Trader Joe's of misleading consumers by labeling its Sweet & Sour Gummy Worms and dark chocolate chips as containing zero sugar and no added sugar, respectively, when both products contain an ingredient classified as a sugar under federal labeling rules.
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