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Another day, another forum: strategies for litigating stockholder class actions and derivative suits in multiple forums
- Latham & Watkins LLP
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- USA
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- May 8 2013
Parallel litigation in multiple forums has become a systemic and growing problem in stockholder class actions and derivative suits. Following the
The Public Company Adviser - Spring 2013
- Schiff Hardin LLP
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- USA
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- May 8 2013
On February 27, 2013, the Supreme Court decided two cases under the federal securities laws, one a victory for plaintiffs in class actions for damages
Delaware Supreme Court affirms preclusive effect of non-Delaware dismissals and rejects irrebuttable presumption that a derivative plaintiff who fails to conduct a Section 220 inspection is an inadequate representative
- Sheppard Mullin Richter & Hampton LLP
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- USA
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- April 23 2013
In Pyott v. Louisiana Municipal Police Employees' Retirement System, No. 380, 2012, 2013 WL 1364695 (Del. Apr. 4, 2013), the Delaware Supreme Court
Derivative claims dismissed elsewhere cannot be relitigated in Delaware
- Jones Day
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- USA
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- April 19 2013
Last June, the Delaware Court of Chancery ruled that a shareholder derivative suit could be litigated in Delaware even after an identical claim had
Third time is the charm for auditor seeking dismissal of securities fraud case
- Reed Smith LLP
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- USA
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- April 10 2013
On April 8, 2013, District Judge Shira Scheindlin (S.D.N.Y.) dismissed Deloitte Touche Tohmatsu CPA Ltd. ("Deloitte") from a securities fraud class
Fried Frank M&A quarterly - 1st quarter 2013
- Fried Frank Harris Shriver & Jacobson LLP
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- China, USA
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- April 5 2013
In public company sale processes, confidentiality agreements executed by bidders almost universally include "standstill" provisions
Universal Trading & Inv. Co. v. Bureau for Representing Ukrainian Interests in Int'l & Foreign Courts, No. 10-12015, 2012 U.S. Dist. LEXIS 133736 (D. Mass. Sept. 19, 2012)
- Baker & McKenzie
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- Ukraine, USA
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- March 25 2013
Plaintiffs were Universal Trading and Investment Company, Inc. ("UTICo"), a Massachusetts corporation engaged in international asset recovery
Litigation over proxy statement disclosure another update
- Winston & Strawn LLP
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- USA
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- March 20 2013
As readers know, I have been blogging on the new form of lawsuit over companies' executive compensation disclosures that has appeared in the last
Greenlight Capital v. Apple and its potential impact on the 2013 proxy season
- Covington & Burling LLP
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- USA
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- March 4 2013
Just as many companies are putting the finishing touches on their proxy statements for upcoming annual meetings, a recent decision may cause them to
Federal Court halts Apple shareholder vote
- Holland & Knight LLP
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- USA
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- March 4 2013
On February 22, 2013, the U.S. District Court for the Southern District of New York ruled in favor of Greenlight Capital, L.P., et al. ("Greenlight"
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