2+ day, 15+ hour ago  (176+ words) In a closely followed venue dispute, the Bankruptcy Court for the District of New Jersey recently held that venue in the district was proper in the Chapter 11 cases of Multi-Color Corporation and its affiliates. The decision is significant because it…...

2+ week, 2+ day ago  (279+ words) A Delaware judge dismissed a former Aurion Biotech executive's challenge to a stockholder's alleged takeover of the company, finding he failed to plausibly allege that defendants caused the abandonment of the planned IPO. A Delaware Chancery Court judge has dismissed…...

1+ mon, 5+ day ago  (286+ words) The appellant argued that the Georgia Insurance Liquidation Act prioritizes administrative expenses, policyholders and medical providers over an insurer’s creditors—if the liquidation proceeds are distributed in Delaware, that order of priority will be turned on its head. A dispute…...

1+ mon, 6+ day ago  (118+ words) Excellence has always required the same things: preparation, judgment, and the ability to perform when it matters most. The lawyers who excel today are the ones who have been in c... Delaware Excellence Attorney of the Year Q&A—Michael Barlow,…...

1+ mon, 1+ week ago  (182+ words) Recent Delaware decisions reinforce a trend that policyholders and coverage practitioners have increasingly sensed over the last several years: courts are becoming less receptive to insurer efforts to apply transaction-related exclusions beyond their text and are requiring insurers to carry…...

2+ mon, 2+ week ago  (274+ words) The appeal involved two cases, both raising the same issue: whether shareholders can challenge advance notice bylaws they say are defensive and entrenching in the Court of Chancery if those shareholders don't intend to nominate a director and haven't shown…...

2+ mon, 2+ week ago  (202+ words) Delaware courts have long refused to second-guess corporate management’s decision-making when it is disinterested, but applied close scrutiny when management operates in the presence of a conflict of interest. As a result, much of Delaware case law has centered around…...