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Publication Date: 2023-05-09
Practice Area: Corporate Governance
Industry: Distribution and Wholesale | Pharmaceuticals | Retail
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: Gregory V. Varallo, Mae Oberste, Daniel E. Meyer, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Mark Lebovitch, Edward G. Timlin, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Leslie R. Stern, Nathaniel L. Orenstein, Steven L. Groopman, Berman Tabacco, Boston, MA; Ned Weinberger, Mark Richardson, Labaton Sucharow LLP, Wilmington, DE; David MacIsaac, Labaton Sucharow LLP, New York, NY for plaintiffs.
for defendant: Raymond J. DiCamillo, John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Sean M. Berkowitz, Nicholas J. Siciliano, Latham & Watkins LLP, New York, NY; Andrew W. Stern, Charlotte K. Newell, Sidley Austin LLP, New York, NY; William M. Regan, Allison M. Wuertz, Hogan Lovells US LLP, New York, NY; Frank R. Volpe, Sidley Austin LLP, Washington, DC for defendants.
Case Number: 2021-0827-JTL
Litigation demand was futile where allegations supported inference that directors and officers knew that the company was violating its legal obligations as a dispenser of prescription opioids in a conscious effort to maximize customer sales and profits.
Publication Date: 2023-05-09
Practice Area: Mergers and Acquisitions
Industry: Biotechnology | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Stephen E. Jenkins, Samuel M. Gross, Ashby & Geddes, Wilmington, DE; Donald J. Enright, Elizabeth K. Tripodi, Jordan A. Cafritz, Levi & Korsinsky, LLP, Washington, DC for plaintiff.
for defendant: Raymond J. DiCamillo, Kevin M. Gallagher, Kyle H. Lachmund, Richards, Layton & Finger, P.A., Wilmington, DE; Adam H. Offenhartz, M. Jonathan Seibald, Gibson, Dunn & Crutcher LLP, New York, NY; Kevin M. Coen, Stephanie Rudolph, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Scott B. Czerwonka, Andrea S. Brooks, Wilks Law, LLC, Wilmington, DE; Kurt M. Heyman, Jamie L. Brown, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; John F. Baughman, Daniel A. Schwartz, JFB Legal, PLLC, Norfolk, VA for defendants.
Case Number: 2022-0130-SG
Former stockholder plausibly alleged fiduciary claims against controller as it received non-ratable benefit from sale of the company and attempted to induce minority stockholders to waive any fiduciary claims to receive their merger consideration.
Publication Date: 2023-05-09
Practice Area: Intellectual Property
Industry: Pharmaceuticals
Court: Delaware Superior Court
Judge: Judge Carpenter
Attorneys: For plaintiff: Gregory P. Williams, Chad M. Shandler, Nicole K. Pedi, Richards, Layton & Finger P.A., Wilmington, DE; Keith R. Hummel, Karin A. DeMasi, Adam I. Rich, Cravath, Swaine & Moore LLP, New York, NY for plaintiff.
for defendant: Philip A. Rovner, Jonathan A. Choa, Potter Anderson & Corroon LLP, Wilmington, DE; Matthew M. Wolf, John E. Nilsson, Soumitra Deka, Bridgette Boyd, Arnold & Porter Kaye Scholer LLP, Washington, DC for defendants.
Case Number: N16C-07-218 WCC CCLD
Statutory disclaimer was effective once patent holder submitted disclaimer form authorizing payment of the filing fee to the patent holder's deposit account with the PTO.
Publication Date: 2023-05-09
Practice Area: Trusts and Estates
Industry:
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Sean J. Bellew, Bellew LLC, Wilmington, DE for plaintiff.
for defendant: Kenneth J. Nachbar, Lauren K. Neal, Michael J. Slobom, Jr., Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE for defendants.
Case Number: 2020-0762-SG
Court enforced memorandum of settlement as parties' settlement agreement where it contained all material terms to resolve the parties' dispute and any remaining terms for a final settlement agreement were ancillary or non-material.
Publication Date: 2023-05-09
Practice Area: Dispute Resolution | Labor Law
Industry:
Court: U.S. Court of Appeals for the Second Circuit
Judge: Per Curiam
Attorneys: For plaintiff: For Plaintiff-Appellee: Brian J. Laclair, Syracuse, NY.
for defendant: For Defendant-Appellant: Hannah K. Redmond, on the brief, Robert A. Laberge, Syracuse, NY.
Case Number: 21-2443-cv
CBA Requires Utility's Arbitration of Provision of Health Insurance Benefits to Retirees
May 8, 2023 | Global Leaders in Law
David Brewster says the work undertaken by his corporate legal teams has gotten more sophisticated, and he tries to keep "much of the juicy stuff" in-house because "it's what people want to work on, what they get out of bed for."
5 minute read
May 8, 2023 | Corporate Counsel
David Brewster says the work undertaken by his corporate legal teams has gotten more sophisticated, and he tries to keep "much of the juicy stuff" in-house because "it's what people want to work on, what they get out of bed for."
5 minute read
May 8, 2023 | The Legal Intelligencer
Premier filed suit against the attorneys and firm for "failure to diligently protect plaintiff's rights as a second creditor in two separate matters, which resulted in the loss of plaintiff's secured collateral, deficiency judgments and actions against guarantors, resulting in cumulative damages in excess of $1,700,000."
4 minute read
May 8, 2023 | The Legal Intelligencer
This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
May 8, 2023 | New York Law Journal
The proliferation of large-scale hacks and data breaches throughout this time—Heartland Payment Systems, Sony, the Office of Personnel Management, Target, Neiman Marcus, Yahoo!, Equifax, Home Depot, even the SEC—simultaneously demonstrated the difficulty of data protection given the ever-evolving nature of cybercrime. Despite these developments, the SEC has failed to update Regulation S-P, or promulgate additional binding cybersecurity rules, until now.
8 minute read
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