In a rare fire-and-brimstone ruling, a Delaware vice chancellor found the top officer of a cloud services contractor to Charter Communications Operating LLC in contempt late Thursday and gave the business until Monday to restore Charter’s access to a crucial sales force pay platform or face the prospect of court-ordered arrests.
A pension fund that invested in Civitas Solutions filed a complaint in Delaware Chancery Court on Thursday seeking access to records related to the health company’s $1.4 billion sale, saying the deal was seemingly inadequate and served as a needed quick cash-out for the company’s controlling private equity fund.
Two members of a group of California real estate investment ventures lost their bid to have the ventures’ operating contracts rewritten Wednesday in Delaware Chancery Court when a judge ruled that not reading the contracts doesn’t entitle the members to have agreed-upon provisions negated.
A Johnson & Johnson unit on Thursday urged the Third Circuit to toss a would-be employee's proposed class claims that he was unfairly denied a job due to an erroneous criminal background check, arguing that his agreement to arbitrate claims with a temporary employment staffing agency extended to the pharmaceutical company.
A Medley Capital Corp. investor filed a proposed class action Wednesday seeking to have the Delaware Chancery Court bar further delay of a stockholder vote on a proposed merger with Sierra Income Corp., even though the court ruled last week a vote can't be held until more information is disclosed.
An investor filed a complaint Wednesday in Delaware Chancery Court seeking access to records detailing Tesla Inc.’s handling of CEO Elon Musk's "false and misleading statements" including his Twitter posts.
Figuring out what constitutes a manageable workload for the nation’s district judges is no simple task. Getting the judiciary the resources it needs is even harder.
The Western District of Louisiana is supposed to have seven district judges. But for a year, most of the courthouses were operating without a single Article III judge. As usual, magistrate judges picked up the slack.
Investor claims that advanced age and retirement concerns motivated NCI Inc.’s controlling stockholder and founder to cash out through an allegedly unfair and inadequate $283 million go-private sale don’t “hold water,” Delaware’s chancellor said Wednesday in dismissing a challenge of the transaction.
The directors of high-frequency trading firm KCG Holdings Inc. told a Delaware Chancery judge Wednesday that claims they violated their duties to investors by approving a $1.4 billion merger were cleansed by subjecting the deal to a supermajority vote of uninterested stockholders.
The former owners of bankrupt Johnson & Johnson talc supplier Imerys Talc America Inc. asked a Delaware bankruptcy judge Wednesday to extend to them the protections of the automatic stay granted to the debtor in Chapter 11 cases so a dispute over insurance policy proceeds can be resolved.
A Delaware vice chancellor ruled Tuesday that insurgent minority members of a partnership that controls high-speed trading firm Quantlab Financial LLC cannot unseat the company's founder, ending a bitter fight for control of the billion-dollar business — for now.
The Federal Circuit on Wednesday affirmed that two of SRI International Inc.’s cybersecurity patents hold up under the U.S. Supreme Court’s Alice test, but cut Cisco Systems Inc.’s $57 million bill for infringing them back down to $24 million.
Despite dismal early bankruptcy prospects, retailer Brookstone secured confirmation in Delaware on Wednesday for a Chapter 11 liquidation plan that provided recoveries for unsecured creditors and kept alive some jobs and stores, drawing praise from a judge and stakeholders alike.
Insurance-focused blank check company Insurance Acquisition Corp. made its market debut Wednesday, one day after pricing shares in a $131 million initial public offering guided by Ledgewood PC.
The U.S. Supreme Court handed a victory to sailors who claim they developed mesothelioma in a decision that potentially broadens the liability of manufacturers of so-called bare metal products to which other companies later added asbestos.
The Federal Circuit won’t reconsider its decision to uphold a lower court's invalidation of several network technology patents owned by Intellectual Ventures, despite the company's pleas that the case could be used to provide needed clarity on the U.S. Supreme Court’s Alice decision.
The official committee of tort claimants in Johnson & Johnson talc supplier Imerys Talc America Inc.'s Chapter 11 told the Delaware bankruptcy court Tuesday that Imerys' former owners aren't entitled to access insurance proceeds.
Health care provider class attorneys on Tuesday alerted an Alabama federal judge to recent Anthem Corp. testimony in Delaware that they say contradicts Blue Cross Blue Shield Association denials that the group’s rules, including nationwide limits on member revenues from “non-Blue” businesses, are anticompetitive.
Partisanship has played a large role in the small passage rate of new judgeship bills since 1990. New judgeships create new vacancies, and neither party wants to give the other the upper hand.
The U.S. Supreme Court's unanimous ruling on Wednesday in Obduskey v. McCarthy & Holthus LLP removes nearly all activities taken by creditors seeking nonjudicial foreclosure of liens and mortgages from the ambit of the Fair Debt Collection Practices Act, says John Baxter of Nelson Mullins Riley & Scarborough LLP.
Trial counsel’s contribution to the virtual law team throughout the life cycle of a mass tort litigation rests in the key skill of viewing the case through the eyes of the ultimate audience for the defense, the jury, say attorneys at Covington & Burling LLP and Faegre Baker Daniels LLP.
These days, a popular theme in media is that lawyers' jobs will be taken by robots. However, based on the tech issues discussed at the South by Southwest technology conference in Austin, Texas, last month, robots may in fact need lawyers, says Nick Abrahams of Norton Rose Fulbright.
You passed the bar exam and are ready for the character and fitness committee interview. Time to think about how to discuss that minor incident in college, that misdemeanor in high school or that mental health issue that you have totally under control, says Richard Maltz of Frankfurt Kurnit Klein & Selz PC.
The Delaware Chancery Court's decision last week in Vintage v. Rent-A-Center is a stark reminder that courts will enforce the terms of a merger agreement as written. The issue to watch is whether Rent-A-Center will be entitled to the reverse termination fee, say attorneys at Cleary Gottlieb Steen & Hamilton LLP.
One year ago, the U.S. Supreme Court, in Cyan Inc. v. Beaver County Employees Retirement Fund, upheld concurrent state and federal jurisdiction over Securities Act class actions. Predictions that plaintiffs would inundate state courts with such claims now appear to be coming true, say James Goldfarb and Gaurav Talwar of Murphy & McGonigle PC.
My initial reaction to "Doing Justice" was that author Preet Bharara may have bitten off more than he could chew — an accusation leveled against him when he served as U.S. attorney for the Southern District of New York — but I found the book full of helpful gems, says U.S. District Judge Cynthia Bashant of the Southern District of California.
Though most experts believe that an imminent recession is unlikely, slowdown fears are increasing. Now is the time for firms to consider how to best leverage their communications and marketing teams to lessen impacts from a potential economic slowdown, says Tom Orewyler of Tom Orewyler Communications LLC.
The next generation of wireless technology, 5G, could bring major advancements in everything from entertainment to public safety. But federal, state and local governments are at odds over how 5G should be deployed and who should regulate it, says Korey Clark of State Net Capitol Journal.
Federal courts may look to the Third Circuit's recent opinion in Barbato v. Greystone Alliance — which sidestepped the U.S. Supreme Court’s 2017 holding in Henson v. Santander Consumer — as the leading analysis of whether debt purchasers are subject to the Fair Debt Collection Practices Act, say Melanie Brody and Francis Doorley of Mayer Brown LLP.