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POLICY & REGULATION
ENFORCEMENT & COMPLIANCE
LITIGATION
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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BANKRUPTCY
Mawson Creditor Says $1.5M Bond Defeats Contempt Bid
By Jarek Rutz
An Australian creditor that helped force cryptocurrency miner Mawson Infrastructure Group Inc. into bankruptcy has urged the U.S. Bankruptcy Court for the District of Delaware to reject the company's bid to hold it in contempt and fine it $10,000 a day, arguing another creditor has already posted the full $1.5 million bond required by the court.
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PEOPLE
EXPERT ANALYSIS
How Bank Lobby's Suit Tests OCC's Crypto Charter Powers
The Independent Community Bankers of America’s recent lawsuit challenging the Office of the Comptroller of the Currency’s ability to charter cryptocurrency companies marks another chapter in the struggle over the appropriate regulatory framework for digital assets, while raising a classic administrative law question at its most basic level, say attorneys at Ballard Spahr.
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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.
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LEGAL INDUSTRY
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