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February 13, 2020 | Corporate Counsel
The Carbon Clean 200 ranks publicly traded companies that are leading the way on clean energy issues in the first quarter of 2020 and offers several key takeaways for general counsel and their companies.
1 minute read
Publication Date: 2020-01-27
Practice Area: Corporate Governance
Industry: Financial Services and Banking | Investments and Investment Advisory
Court: U.S. District Court for Pennsylvania - Eastern
Judge: District Judge McHugh
Attorneys: For plaintiff:
for defendant:
Case Number: 20-0084
Defendant moved to dismiss shareholder's action asserting breach of contract by corporation's breaching its articles of incorporation by improperly counting votes on a proposed amendment to its articles of incorporation and court found votes were counted in accordance with the articles of incorporation and proxy statement could not amend the articles but plaintiff's 15 Pa.C.S.§1793(a) claim could not be disposed of on a rule 12 motion to dismiss. Motion granted in part and denied in part.
Publication Date: 2020-01-20
Practice Area: Legal Malpractice
Industry: Investments and Investment Advisory | Legal Services | Real Estate
Court: New Jersey Supreme Court
Judge: Justice LaVecchia
Attorneys: For plaintiff: Francis P. Devine, III (Pepper Hamilton, attorneys; Francis P. Devine, III, and Angelo A. Stio, III, of counsel and on the briefs)
for defendant: Brian K. Condon (Condon Catina & Mara, attorneys; Brian K. Condon and Laura M. Catina, on the briefs)
Case Number: A-20/21-18 (081534)
Lawyer's Distribution of Wired Trust Funds According to Client Instructions Could Not Constitute Conversion in Absence of Limiting Instructions on Wire
Publication Date: 2020-01-15
Practice Area: Corporate Governance
Industry: Food and Beverage | Investments and Investment Advisory | Retail
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Joel Friedlander, Jeffrey M. Gorris and Christopher P. Quinn, Friedlander & Gorris, P.A., Wilmington, DE; Randall J. Baron and Christopher H. Lyons, Robbins Geller Rudman & Dowd LLP, San Diego, CA for plaintiff.
for defendant: Rudolf Koch, Matthew D. Perri and John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Adam L. Sisitsky, Lavinia M. Weizel, Robert I. Bodian and Scott A. Rader, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., New York, NY and Boston, MA for independent director defendants. William B. Chandler III, Bradley D. Sorrels, Lindsay K. Faccenda and Daniyal M. Iqbal, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE for defendant Duggan. Patricia L. Enerio, Jamie L. Brown and Gillian L. Andrews, Heyman Enerio Gattuso & Hirzell LLP, Wilmington, DE for defendant Anicetti. Kevin G. Abrams, J. Peter Shindel, Jr. and Matthew L. Miller, Abrams & Bayliss LLP, Wilmington, DE; Matthew A. Schwartz and Joshua S. Levy, Sullivan & Cromwell LLP, New York, NY for J.P. Morgan defendants. William M. Lafferty, S. Mark Hurd, Thomas W. Briggs, Jr., Richard Li and Elizabeth A. Mullin, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Stuart W. Gold and Richard W. Clary, Cravath, Swaine & Moore LLP, New York, NY for defendant Cravath, Swaine & Moore LLP. Kevin R. Shannon, Matthew F. Davis and Nicholas S. Prust, Potter Anderson & Corroon LLP, Wilmington, DE; Jonathan Rosenberg and Abby F. Rudzin, O’Melveny & Myers LLP, New York, NY for Apollo defendants. John L. Reed, Peter H. Kyle and David Clarke, Jr., DLA Piper LLP, Wilmington, DE and Washington, DC for Berry defendants.
Case Number: D68842
The court granted defendant directors' motions to dismiss.
January 7, 2020 | Legaltech News
Reynen Court said the additional capital will help support its full launch as it prepares to reveal its metric-tracking and subscription management features.
1 minute read
January 2, 2020 | The Legal Intelligencer
The new provisions of the SECURE Act, which were enacted on Dec. 20, 2019, and become effective as of Jan. 1, 2020, change a key factor that goes into the planning process. The SECURE Act stands for "Setting Every Community Up for Retirement Enhancement."
1 minute read
December 27, 2019 | Legaltech News
In 2019, the biggest investments were spread across a variety of legal tech verticals. Suffice to say, it's been a big year all around.
1 minute read
December 19, 2019 | Delaware Business Court Insider
A three-judge panel of the Manhattan-based appeals court said that the creditors' state law claims for constructive fraudulent conveyance were preempted by a provision of U.S. bankruptcy law, which protects certain transactions involving securities contracts.
1 minute read
December 19, 2019 | New York Law Journal
A three-judge panel of the Manhattan-based appeals court said that the creditors' state law claims for constructive fraudulent conveyance were preempted by a provision of U.S. bankruptcy law, which protects certain transactions involving securities contracts.
1 minute read
December 16, 2019 | New York Law Journal
In his Real Estate Securities column, Peter Fass discusses a release issued by the SEC on May 3, which proposes amendments to the financial disclosure requirements for financial statements of businesses acquired or to be acquired and for business dispositions. The release changes are intended to improve the information investors receive regarding acquired or disposed businesses, reduce complexity and costs of preparing the required disclosures, and facilitate timely access to capital.
1 minute read
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