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  • April 1, 2024 | National Law Journal

    Antitrust Cops Disavow Collusion 'Safety Zones,' Leaving Companies Walking on Eggshells

    The DOJ's and FTC's retreat from long-standing guidance on information-sharing appears to have been intended "to inject some uncertainty—to make people nervous about antitrust," Fenwick & West partner Steve Albertson said. "And it worked."

    6 minute read

  • April 1, 2024 | Corporate Counsel

    Antitrust Cops Ditch Collusion 'Safety Zones,' Muddying What Rivals Can Say to One Another

    The DOJ's and FTC's retreat from long-standing guidance on information-sharing appears to have been intended "to inject some uncertainty—to make people nervous about antitrust," Fenwick & West partner Steve Albertson said. "And it worked."

    6 minute read

  • AP-fonden v. Activision Blizzard, Inc.

    Publication Date: 2024-04-01
    Practice Area: Mergers and Acquisitions
    Industry: Technology Media and Telecom
    Court: Court of Chancery
    Judge: Chancellor McCormick
    Attorneys: For plaintiff: Michael Hanrahan, Corinne Elise Amato, Kevin H. Davenport, Stacey A. Greenspan, Christine N. Chappelear, Prickett, Jones & Elliott, P.A., Wilmington, DE; Lee D. Rudy, Eric L. Zagar, J. Daniel Albert, Kessler Topaz Meltzer & Check, LLP, Radnor, PA for plaintiff.
    for defendant: Edward B. Micheletti, Lauren N. Rosenello, Michelle L. Davis, Peyton V. Carper, Claire K. Atwood, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Elena C. Norman, Daniel M. Kirshenbaum, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Stephen P. Blake, Laura Lin, Simpson Thacher & Bartlett LLP, Palo Alto, CA; Sareen K. Armani, Simpson Thacher & Bartlett LLP, Los Angeles, CA for defendants.
    Case Number: 2022-1001-KSJM

    Although the Delaware General Corporation Law only required a corporate board to approve and recommend an essentially complete version of a merger agreement, the draft version approved by defendants failed to meet this standard by omitting key terms and ancillary documents repeatedly referenced throughout the agreement.

  • Mintvest Capital, LTD. v. Coinmint, LLC

    Publication Date: 2024-04-01
    Practice Area: Civil Appeals | Corporate Governance
    Industry:
    Court: Court of Appeals
    Judge: Justice Wilson
    Attorneys: For plaintiff:
    for defendant:
    Case Number: 14-22-00633-CV

    Soniant and Leary, principals of appellant Mintvest Capital and appellee Coinmint, agreed to create a Bitcoin mining firm with their companies being equal 50% owners.

  • Gespa Nicaragua, S.A. v. Recom AG

    Publication Date: 2024-04-01
    Practice Area: Civil Appeals | Contractual Disputes
    Industry:
    Court: Court of Appeals
    Judge: Justice Palafox
    Attorneys: For plaintiff:
    for defendant:
    Case Number: 08-22-00244-CV

    In a complex legal dispute involving appellant Gespa Nicaragua, S.A. (Gespa) and appellees Flextronics International USA, Inc., Flextronics Automotive USA (Texas), LLC, collectively, Flextronics, Recom AG, and Expeditors International of Washington, Inc., the court addressed multiple issues stemming from a contract for the purchase of solar panels for a project in Nicaragua.

  • Hagans v. The Bd. of Educ. of Red Clay Consol. Sch. Dist.

    Publication Date: 2024-04-01
    Practice Area: Labor Law
    Industry: Education
    Court: U.S. District Court of Delaware
    Judge: District Judge Andrews
    Attorneys: For plaintiff: Raeann Warner, Collins Price & Warner, Wilmington, DE for plaintiff.
    for defendant: Michael P. Stafford, Elise K. Wolpert, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE for defendant.
    Case Number: 22-1452-RGA

    Evidentiary record could support an inference that race played a role in defendant employer's failure to promote plaintiff sufficient to submit plaintiff's racial discrimination claim to the jury, as the promoted individual lacked the minimum qualifications and the reasons for not promoting plaintiff were plausibly inconsistent with his performance evaluations.

  • Cruz v. Cervantez

    Publication Date: 2024-04-01
    Practice Area: Civil Rights
    Industry:
    Court: U.S. Court of Appeals for the Fifth Circuit
    Judge: Circuit Judge Wilson
    Attorneys: For plaintiff:
    for defendant:
    Case Number: 22-10483

    Plaintiff, a pre-trial detainee at Lubbock County Detention Center, sued defendant, a correctional officer, under 42 U.S.C. §1983 claiming that defendant demonstrated deliberate indifference to plaintiff's constitutional rights when defendant failed to protect him from two assaults by his cellmate.

  • March 29, 2024 | Daily Business Review

    These South Florida Yacht Brokers May Need Representation as Antitrust Class Surfaces

    "Because this is such a big case, ... we expect other suits to follow," said Ricardo Martinez-Cid, of Miami's Podhurst Oreck.

    5 minute read

  • March 29, 2024 | New Jersey Law Journal

    Kirkland & Ellis Hired for Big Pharma Antitrust Suit

    A 2020 verdict allowed Teva and other companies to produce generic versions of Vascepa. But Teva allegedly had to scale back its launch because of an inability to obtain the key ingredient, the suit said.

    4 minute read

  • March 29, 2024 | Daily Report Online

    Ga. Fed Judge Awards $165K Attorney Fees for Win in Employment Discrimination Case

    "The court's award reflects our documentation concerning Ms. Marshall's lost wages going forward as well as our documentation of our time and expenses in prosecuting the case. Our fee petition was for a modest amount because of the efficiencies our firm brought to the case," Buckley told Law.com.

    3 minute read