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Results: 1-10 of 86

Fifth Circuit relies on settlement procedure to establish proof of standing

  • Jenner & Block
  • -
  • USA
  • -
  • June 12 2014

In In re Deepwater Horizon, 744 F.3d 370 (5th Cir. 2014) (No. 13-30315), BP entered into a settlement with a class of businesses that experienced

No action for buyout of shareholder who was senior foreign official

  • Jenner & Block
  • -
  • USA
  • -
  • June 12 2014

The Department of Justice issued its first FCPA opinion release of the year, declining to take enforcement action against a U.S. financial services

General statements of reliance on advice of counsel don’t waive privilege

  • Jenner & Block
  • -
  • USA
  • -
  • June 12 2014

In Gardner v. Major Automobile Cos., No. 11 Civ. 1664 (E.D.N.Y. Mar. 31, 2014), the court held that general statements made during a deposition that

Pyrrhic victory for plaintiff in books and records request

  • Jenner & Block
  • -
  • USA
  • -
  • June 12 2014

In Caspian Select Credit Master Fund Ltd. v. Key Plastics Corp., No. 8625 (Del. Ch. Feb. 24, 2014), the plaintiff was the sole minority investor in

Summary judgment to defendants in merger where business justifications provided

  • Jenner & Block
  • -
  • USA
  • -
  • April 30 2014

The shareholders of an internet questions and answers website ("Answers") filed a derivative action against, among others, Answers' former directors

Former director not entitled to books and records from his time as director

  • Jenner & Block
  • -
  • USA
  • -
  • March 14 2014

In King v. DAG SPE Managing Member, Inc., No. 7770 (Del. Ch. Dec. 23, 2013), the Delaware Chancery Court dismissed a former director's demand for

Supreme Court: U.S. sales don’t subject foreign corporation to general jurisdiction

  • Jenner & Block
  • -
  • Argentina, USA
  • -
  • March 14 2014

In Daimler AG v. Bauman,134 S. Ct. 746 (2014) (No. 11-965), plaintiffs, twenty-two residents of Argentina, sued defendant Daimler, a German

Failure to make pre-suit demand not fatal in insider-trading derivative action

  • Jenner & Block
  • -
  • USA
  • -
  • March 14 2014

In Silverberg ex rel. Dendreon Corp. v. Gold, No. 7646 (Del. Ch. Dec 31, 2013), a derivative plaintiff was allowed to proceed with his

Business judgment rule did not protect knowing violation of stock plan

  • Jenner & Block
  • -
  • USA
  • -
  • February 28 2014

In Pfeiffer v. Leedle, C.A. No. 7831, 2013 WL 5988416 (Del. Ch. Nov. 8, 2013), the Delaware Court of Chancery held that the business judgment rule

Delaware Court of Chancery holds that common stock must be issued pursuant to a properly executed written instrument in order to be considered valid

  • Jenner & Block
  • -
  • USA
  • -
  • February 28 2014

In Boris v. Schaheen, C.A. No. 8160-VCN (Del. Ch., December 2, 2013), the Delaware Court of Chancery held that Delaware General Corporation Law