We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results: 1-10 of 192

Recent upsurge of Massachusetts class actions on merchant zip code collection
  • Locke Lord LLP
  • USA
  • October 2 2013

There has been a flurry of class actions filed in the last six months against retailers in Massachusetts alleging improper collection of ZIP codes


Class dismissed: ZIP code collection lawsuit in D.C.
  • Locke Lord LLP
  • USA
  • March 26 2014

A District of Columbia federal court recently dismissed a putative class action brought against two retailers for collecting customers' ZIP codes in


New York state court reverses demand futility dismissal although board had formed an SLC before litigation was filed
  • Locke Lord LLP
  • USA
  • January 20 2009

New York's First Department recently issued a decision addressing the circumstances under which a company's appointment of a special litigation committee (“SLC”) can shield its directors and officers from shareholder derivative litigation


Delaware Supreme Court may uphold expansion of the potential liability of independent directors
  • Locke Lord LLP
  • USA
  • January 20 2009

This summer, the Delaware Chancery Court arguably expanded the potential liability of independent directors of Delaware corporations by declining to grant summary judgment in favor of non-conflicted, independent directors that had allegedly accepted a buyout offer without performing standard due diligence about the fairness of the deal


Accountants seek injunction to bar FTC Red Flags Rule enforcement
  • Locke Lord LLP
  • USA
  • November 24 2009

On November 10, 2009, the American Institute of Certified Public Accountants ("AICPA") filed a lawsuit in the U.S. District Court for the District of Columbia on behalf of its nearly 350,000 certified public accountant members against the Federal Trade Commission (“FTC”) to seek an injunction barring the FTC from applying its Red Flags Rule to AICPA members


NY Court of Appeals introduces derivative liability exposure to LLC managers
  • Locke Lord LLP
  • USA
  • February 27 2008

On February 14, 2008, a divided New York Court of Appeals held that a member of a New York limited liability corporation (often referred to simply as a "LLC") could bring a derivative lawsuit on behalf of the LLC against the entity's managers


Current issues in D&O and E&O coverage investigations: SDNY holds that Credit Suisse waived work product privilege by disclosing internal investigation memoranda to the government
  • Locke Lord LLP
  • USA
  • February 25 2008

If outside counsel for a company drafts factual memoranda concerning an internal investigation conducted in response to alleged wrongdoing, and then voluntarily shares the memoranda at the company’s direction with government investigators, has the company waived the work product privilege?


Non-stockholder director lacks standing to file derivative suit
  • Locke Lord LLP
  • USA
  • February 28 2008

In Schoon v. Smith, the Delaware Supreme Court recently affirmed the Delaware Court of Chancery’s decision dismissing a derivative complaint brought by a director of a Delaware corporation for lack of standing


Supreme Court’s decision opens doors to lawsuits under the federal Class Action Fairness Act
  • Locke Lord LLP
  • USA
  • February 25 2010

On February 23, 2010, the United States Supreme Court settled confusion and inconsistent holdings throughout the land on the test for "principal place of business" to determine citizenship for corporations


Campaign law update
  • Locke Lord LLP
  • USA
  • April 23 2010

On January 21, 2010, the United States Supreme Court released a landmark ruling that could change the landscape of campaign finance nationwide