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Delaware
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March 12, 2026
Track & Field League Gets OK For Vote On Reorg Plan
A Delaware judge Thursday gave an Olympic medalist-founded startup track-and-field league permission to send its equity-swap Chapter 11 reorganization plan out for a creditor vote, overruling claims the plan is too unfair to creditors to be approved.
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March 12, 2026
Del. Chancery Rejects Fraud Claims In $313.5M Fertilizer Deal
The Delaware Chancery Court has ruled that a group of investors failed to prove that executives and a private equity sponsor behind agricultural technology company Verdesian Life Sciences LLC defrauded them into investing in a 2014 acquisition, holding after trial that the claims were both time-barred and unsupported.
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March 12, 2026
Chancery Dissolves Litigation Funder Amid Partner Deadlock
A hedge fund manager can wind down the litigation funding operation he ran with a Florida-based personal injury attorney, the Delaware Chancery Court has ruled, finding that a falling out between the two partners did not involve any wrongdoing.
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March 11, 2026
Intel Caved To Feds' 'Extortionary' Stock Demand, Suit Says
Intel Corp.'s board gave the federal government $11 billion worth of stock in response to the Trump administration's "extortionary threats," according to a newly unsealed lawsuit brought by a shareholder who says the board lacked authority to issue the U.S. Department of Commerce a 9.9% company stake.
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March 11, 2026
Exxon Cements Texas As Delaware's Emerging Rival
Last year, Vinson & Elkins partner Katherine Frank fielded about one call a week from companies thinking about redomiciling in Texas. Speaking to Law360 the day after ExxonMobil announced its plan to reincorporate in the Lone Star State due to its business-forward courts and policies, Frank said the callers fell into three categories.
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March 11, 2026
Comcast, Peacock Escape Irish Co.'s Patent Suit, For Now
A Delaware federal judge on Wednesday dismissed an Irish technology company's lawsuit alleging Comcast and its subsidiaries, NBCUniversal and Peacock TV, offer video streaming and network monitoring services that infringe four of its patents, saying the complaint does not adequately allege infringement, but gave the plaintiff an opportunity to rework the suit.
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March 11, 2026
Squires Adds Domestic Industry, Biz Size To Denial Analysis
U.S. Patent and Trademark Office Director John Squires will take into account the domestic impact of invalidating a patent and how big the patent owner is when deciding whether to discretionarily deny Patent Trial and Appeal Board petitions, according to a memorandum issued Wednesday.
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March 11, 2026
Del. High Court Upholds Pioneer Win In $60B Exxon Deal Fight
The Delaware Supreme Court on Wednesday affirmed a lower court ruling denying a union pension fund's request for additional internal communications related to the roughly $60 billion merger between Pioneer Natural Resources Co. and ExxonMobil Corp., concluding that the Delaware Chancery Court correctly rejected the stockholder's bid to obtain more emails and text messages from the company's former chief executive.
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March 11, 2026
17 States Fight 'Unprecedented' WH Admissions Data Demand
A coalition of more than a dozen states led by Massachusetts asked a federal judge Wednesday to block enforcement of a new Trump administration requirement to retroactively report detailed data on sex and race in college admissions, saying the survey was hastily implemented and rife with issues that expose schools to potential liability.
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March 11, 2026
Investor Urges Revival Of Armistice Insider Trading Claims
The Delaware Supreme Court has heard arguments over whether a hedge fund that traded tens of millions of dollars' worth of stock can face insider trading liability under state law after its board designee allegedly received confidential company information, with an Aytu BioPharma shareholder urging the court to revive claims against healthcare investor Armistice Capital.
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March 11, 2026
Crystallex Special Master Gets OK On $15.3M Atty Fee Bid
A Delaware federal judge has overruled jilted Citgo bidder Gold Reserve's objection to a special master's bid for $15.3 million in attorney fees, rejecting its argument that the request was unreasonable in defunct mining company Crystallex's massive case against Venezuela.
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March 10, 2026
Justices Advised To Keep Law Clear In 'Skinny Label' Case
Several intellectual property groups have urged the U.S. Supreme Court to use a case involving "skinny labels" on generic drugs to set clear guidelines on what constitutes induced patent infringement, saying the outcome has implications beyond pharmaceuticals.
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March 10, 2026
Feds Urge End To IRS Wind, Solar Safe Harbor Fight
The Trump administration has told a D.C. federal judge there's no basis to sustain a lawsuit challenging an IRS notice eliminating a safe harbor test that wind and solar projects could use to qualify for clean energy tax credits.
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March 10, 2026
Developer Sues In Del. Over Alleged Philly Bourse Ouster
A developer behind the planned redevelopment of Philadelphia's historic Bourse building has sued its joint venture partner and several affiliated entities in the Delaware Chancery Court, accusing them of unlawfully attempting to oust it from management of the multimillion-dollar project and install a new development firm in its place.
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March 10, 2026
PE Group Asks 3rd Circ. To Overturn Fund's $100M Tax Bill
The U.S. economy could face damaging consequences if the Third Circuit upholds a U.S. Tax Court decision finding a Cayman Islands hedge fund liable for a $100 million tax bill as a securities dealer, a private equity lobbying group told the court.
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March 10, 2026
Vegan Eatery Chain's Ch. 11 Converted To Liquidation
A Delaware bankruptcy judge has ordered the Chapter 11 case of vegan restaurant group Planta to be converted to a Chapter 7 liquidation, after the debtor said it has no other option.
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March 10, 2026
Chancery Won't Block Precious Metals Deal In Earnout Fight
The Delaware Chancery Court on Tuesday refused to temporarily block a planned acquisition by Bullion International Group LLC, a precious metals company formed in a 2023 merger between online gold retailer APMEX and global refiner MKS PAMP Group Inc., ruling that the dispute over potential earnout payments can be addressed through money damages rather than emergency injunctive relief.
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March 09, 2026
Trump Media Investor's Venue Bid Rejected By Fla. High Court
Florida's Supreme Court on Monday rejected a petition for review brought by an investor in President Donald Trump's Truth Social platform who challenged an order denying his motion to toss or transfer the company's lawsuit against him after he claimed it was filed in the wrong jurisdiction.
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March 09, 2026
Novo, Hims & Hers Make Up, Agree To Sell GLP-1s Together
Novo Nordisk A/S will start selling its GLP-1 medications on Hims & Hers Health Inc.'s platform as part of a deal that resolves the pharmaceutical company's patent infringement lawsuit against the telehealth provider, the companies announced Monday.
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March 09, 2026
Judge Won't Toss Nokia Patent Claims Against Warner Bros.
A Delaware federal judge has refused to dismiss Nokia's claims that Warner Bros. infringed a set of video coding patents, saying he couldn't conclude that the patents lack an inventive concept that would meet the U.S. Supreme Court's Alice test.
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March 09, 2026
Astellas Prevails In Patent Battle Over Bladder Drug
A Delaware federal judge has held that Ascent Pharmaceuticals infringed four patents covering bladder medication Myrbetriq held by name-brand drugmaker Astellas Pharma Inc. and rejected Ascent's invalidity defenses.
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March 09, 2026
Brookfield Strikes $83.75M TerraForm Merger Deal
A proposed $83.75 million settlement has been filed in the Delaware Chancery Court to resolve long-running shareholder litigation accusing Brookfield Asset Management of exploiting minority investors during its 2020 take-private merger with renewable energy company TerraForm Power Inc.
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March 09, 2026
Chicago Hotel Operator Files Ch. 11 With $147M Debt
The owner of two Chicago hotels has filed for Chapter 11 protection in Delaware bankruptcy court with $146.7 million in mortgage debt, saying it's at an impasse with its senior lenders.
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March 09, 2026
Gorsuch Urges Jury Right Consideration In Release Violations
The U.S. Supreme Court should have reviewed the case of a man whose sentence for sex trafficking was eventually extended beyond the congressional maximum for violating the terms of his release, Justice Neil Gorsuch wrote Monday.
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March 09, 2026
Golf Co. Approved For $35.7M Ch. 11 Sale To Nicklaus Family
A Delaware federal bankruptcy judge approved a $35.7 million sale of assets Monday in the Chapter 11 case of sports gear and golf course design enterprise Nicklaus Cos. LLC, agreeing to a deal that will see affiliates tied to retired golfer Jack Nicklaus acquire the business and end protracted litigation among its founders.
Expert Analysis
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Attys Beware: Generative AI Can Also Hallucinate Metadata
In addition to the well-known problem of AI-generated hallucinations in legal documents, AI tools can also hallucinate metadata — threatening the integrity of discovery, the reliability of evidence and the ability to definitively identify the provenance of electronic documents, say attorneys at Law & Forensics.
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Calif. Justices Continued Anti-Arbitration Trend This Term
In the 2024-2025 term, the California Supreme Court justices continued to narrow arbitration's reach under state law, despite state courts' extreme caseload backlog and even as they embraced contractual autonomy in other contexts, says Josephine Petrick at The Norton Law Firm.
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When Atty Ethics Violations Give Rise To Causes Of Action
Though the Model Rules of Professional Conduct make clear that a violation of the rules does not automatically create a cause of action, attorneys should beware of a few scenarios in which they could face lawsuits for ethical lapses, says Brian Faughnan at Faughnan Law.
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How Novel Del. Ruling Tackled Crypto Jurisdiction
As courts grapple with cryptocurrency's borderless nature, the Delaware Court of Chancery's recent decision in Timoria v. Anis highlights the delicate balance between territorial jurisdiction and due process, and reinforces the need for practitioners to develop sophisticated, multijurisdictional approaches to digital asset disputes, say attorneys at Holland & Knight.
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Lessons From Del. Chancery Court's New Activision Decision
The Delaware Court of Chancery's recent decision in AP-Fonden v. Activision Blizzard, declining to dismiss certain fiduciary duty claims at the pleading stage, offers takeaways for boards considering a sale, including the importance of playing an active role in the merger process and documenting key board materials, say attorneys at Cleary.
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Series
Practicing Stoicism Makes Me A Better Lawyer
Practicing Stoicism, by applying reason to ignore my emotions and govern my decisions, has enabled me to approach challenging situations in a structured way, ultimately providing advice singularly devoted to a client's interest, says John Baranello at Moses & Singer.
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Series
The Biz Court Digest: Texas, One Year In
A year after the Texas Business Court's first decision, it's clear that Texas didn't just copy Delaware and instead built something uniquely its own, combining specialization with constitutional accountability and creating a model that looks forward without losing touch with the state's democratic and statutory roots, says Chris Bankler at Jackson Walker.
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Series
Law School's Missed Lessons: Educating Your Community
Nearly two decades prosecuting scammers and elder fraud taught me that proactively educating the public about the risks they face and the rights they possess is essential to building trust within our communities, empowering otherwise vulnerable citizens and preventing wrongdoers from gaining a foothold, says Roger Handberg at GrayRobinson.
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5 Crisis Lawyering Skills For An Age Of Uncertainty
As attorneys increasingly face unprecedented and pervasive situations — from prosecutions of law enforcement officials to executive orders targeting law firms — they must develop several essential competencies of effective crisis lawyering, says Ray Brescia at Albany Law School.
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Del. Dispatch: Chancery Expands On Caremark Red Flags
The Delaware Court of Chancery’s recent Brewer v. Turner decision, allowing a shareholder derivative suit against the board of Regions Bank to proceed, takes a more expansive view as to what constitutes red flags, bad faith and corporate trauma in Caremark claims, say attorneys at Fried Frank.
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Opinion
It's Time For The Judiciary To Fix Its Cybersecurity Problem
After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.
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Series
Writing Novels Makes Me A Better Lawyer
Writing my debut novel taught me to appreciate the value of critique and to never give up, no matter how long or tedious the journey, providing me with valuable skills that I now emphasize in my practice, says Daniel Buzzetta at BakerHostetler.
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Personnel File Access Laws Pose New Risks For Employers
The state law trend toward expanding employee access to personnel files can have extensive consequences for employers, but companies can take proactive steps to avoid disputes and potential litigation based on such records, says Randi May at Tannenbaum Helpern.
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SEC's No-Action Relief Could Dramatically Alter Retail Voting
The U.S. Securities and Exchange Commission recently cleared the way for ExxonMobil to institute a novel change in retail shareholder voting that could greatly increase voter turnout, granting no-action relief that represents an effective and meaningful step toward modernizing the shareholder voting process and the much-needed democratization of retail investors, say attorneys at Cozen.
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SDNY OpenAI Order Clarifies Preservation Standards For AI
The Southern District of New York’s recent order in the OpenAI copyright infringement litigation, denying discovery of The New York Times' artificial intelligence technology use, clarifies that traditional preservation benchmarks apply to AI content, relieving organizations from using a “keep everything” approach, says Philip Favro at Favro Law.