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Results: 1-10 of 172

California Court of Appeal, Third District holds in-house attorney may be liable for malpractice for failing to warn employee about conflict
  • Locke Lord LLP
  • USA
  • December 4 2013

The California Court of Appeal, Third District, in Yanez v. Plummer, 2013 WL 5915639, Cal. Ct. App. 3d Dist., No. C070726 (Nov. 5, 2013) recently


ARS derivative suits will need to overcome business judgment rule
  • Locke Lord LLP
  • USA
  • October 12 2010

In the past few months, several derivative suits against mutual fund issuers of auction rate securities (ARS) have hit the courts


Florida federal court decision certifying statutory fraud class action highlights statutory fraud claims as a basis for class certification
  • Locke Lord LLP
  • USA
  • November 12 2010

Allison Nelson filed a putative class action alleging that Mead Johnson violated the Florida Deceptive and Unfair Trade Practices Act ("FDUTPA") by misrepresenting its Enfamil LIPIL infant formula as the only infant formula that contains DHA and ARA


First Circuit remands D&O coverage dispute for allocation
  • Locke Lord LLP
  • USA
  • November 2 2010

Reversing a district court holding to the contrary, the First Circuit has declared that Massachusetts public policy does not prohibit D&O carriers from insuring against damages allegedly incurred by one class of shareholders as a result of an unfair benefit conferred on another class of shareholders


Quasi-California Corporations - the application of California’s long-arm statute in mergers and acquisitions
  • Locke Lord LLP
  • USA
  • October 29 2014

California Corporations Code Section 2115 sets forth a "long-arm statute" which requires corporations incorporated outside of California, but with


United States Supreme Court rejects presumption of prudence for stock-drop case
  • Locke Lord LLP
  • USA
  • June 26 2014

In a highly anticipated decision, the United States Supreme Court held that fiduciaries of employee stock ownership plans ("ESOPs") are not entitled


Massachusetts Supreme Judicial Court expands consumer zip code privacy protection in Tyler v. Michaels Stores
  • Locke Lord LLP
  • USA
  • March 12 2013

In a closely watched case with a somewhat unexpected result, the highest Massachusetts court decided in Tyler v. Michaels Stores that zip codes are


U.S. Supreme Court provides clear guidance and formidable tools for parties seeking to enforce contractual forum-selection clauses
  • Locke Lord LLP
  • USA
  • December 4 2013

On December 3, 2013, the Supreme Court issued an important ruling for companies that routinely conduct business in multiple venues across the


Illinois Supreme Court applies broad “stream of commerce” approach
  • Locke Lord LLP
  • USA
  • April 30 2013

Are you, or your clients, a non-Illinois manufacturer without any offices, assets, property or employees in Illinois and have no license to do


New York adopts Delaware’s “Tooley Test” for distinguishing between derivative and direct actions
  • Locke Lord LLP
  • USA
  • August 13 2012

The New York Supreme Court, Appellate Division, First Department, issued a ruling this past week in which it adopted a “clear approach” for determining the difference between direct and derivative claims