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TOP NEWS
Catching Up With Delaware's Chancery Court
By Jarek Rutz
The Delaware Chancery Court last week approved a $250 million settlement of litigation over Microsoft Corp.'s acquisition of Activision Blizzard Inc., while Albertsons Cos. Inc. accused Kroger Co. of rejecting changes that could have saved their $24.6 billion merger, and the Delaware Supreme Court ordered Verisk Analytics Inc. to keep pursuing a $2.35 billion acquisition.
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LEGAL ETHICS & MALPRACTICE
Buzbee Fights $2.5M Fee Bids In Dismissed Conspiracy Suits
By Lynn LaRowe
Prominent Houston plaintiffs attorney Tony Buzbee has urged a Texas state court to reject what he called the "incredible sum" of roughly $2.5 million in combined attorney fees sought by Quinn Emanuel Urquhart & Sullivan LLP and a Mississippi lawyer after defeating claims that they conspired with rapper Shawn "Jay-Z" Carter to retaliate against Buzbee and two of his former clients.
Response attached |
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POLICY & REGULATION
REAL ESTATE & DEVELOPMENT
ENERGY & ENVIRONMENTAL
TECHNOLOGY
INSURANCE
Insurer Escapes Policyholder Restructuring Fraud Row
By Danielle Ferguson
A group of policyholders failed to show that Genworth Life Insurance Co. committed fraudulent transfers by terminating various reinsurance agreements and issuing dividends to parent companies, the Delaware Chancery Court has ruled, saying the suit itself was an impermissible "collateral attack" that sought to undo regulatory approval for a restructuring.
Opinion attached |
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INTELLECTUAL PROPERTY
SPORTS & BETTING
MEDIA & ENTERTAINMENT
LA Producer Sues Tony Robbins, Fox Over 'Man's Search' Film
By Dorothy Atkins
A Los Angeles producer has sued Tony Robbins, Fox Corp., her former business partner and multiple other entities in California federal court, alleging they engaged in "disloyalty, concealment and self-dealing" and iced her out of adapting Holocaust survivor Viktor Frankl's best-selling memoir "Man's Search for Meaning" into a feature-length film.
Complaint attached |
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SECURITIES & WHITE COLLAR
BANKRUPTCY
TRANSPORTATION
EXPERT ANALYSIS
2nd Circ. EFAA Ruling Shifts Employer Litigation Strategy
In Diaz-Roa v. Hermes Law, the Second Circuit recently held that, under the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act, employers can't carve out nonharassment claims and send them to arbitration, which has implications for discovery, litigation costs and resolution strategy in EFAA-covered disputes, say attorneys at Krevolin Horst.
Opinion attached |
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LEGAL INDUSTRY
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