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Skadden Arps Slate Meagher & Flom LLP | USA | 25 Jun 2021
Delaware Supreme Court Provides Guidance Regarding D&O Liability Insurance Coverage
The Delaware Supreme Court has issued two decisions over the past year that provide important guidance about directors’ and officers’ (D&O) liability…
Skadden Arps Slate Meagher & Flom LLP | USA | 26 Jan 2021
Developments in Delaware Corporation Law
The Delaware Court of Chancery’s docket exploded with expedited “broken” deal litigation in 2020, driven by the impact of COVID-19. Beyond…
Hogan Lovells | USA | 24 Nov 2020
Pettry v. Gilead Sciences, Inc., C.A. No. 2020-0173-KSJM (Del. Ch. Nov. 24, 2020) - 2020 Q4 Decisions Update
In 2001, Gilead received FDA approval for a life-saving HIV drug, Viread® (tenofovir disoproxil fumarate (TDF)). In late 2019 and early 2020, four…
Skadden Arps Slate Meagher & Flom LLP | USA | 18 Sep 2020
A Brief Response Regarding Stakeholder Governance
The recently published “The Friedman Essay and the True Purpose of the Business Corporation” defends a view of stakeholder governance that reflects…
Kramer Levin Naftalis & Frankel LLP | USA | 10 Sep 2020
California Superior Court Dismisses Securities Act Claims in Favor of Federal Forum Selection Provision in Company’s Charter
In Wong v. Restoration Robotics, Inc., Case No. 18CIV02609 (Cal. Sup. Ct. Sept. 1, 2020), the Superior Court of California for the County of San Mateo…
Bass, Berry & Sims PLC | USA | 27 Jul 2020
A Practical Guide to Evaluating a Company’s Defensive Profile
As public companies continue to navigate the ongoing economic upheaval caused by the COVID-19 pandemic, opportunistic activist investors may find the…
Morrison & Foerster LLP | USA | 10 Jul 2020
Delaware legislature passes amendment on public benefit corporations
In August 2013, the Delaware legislature added a new subchapter to the Delaware General Corporation Law (DGCL), allowing corporations to be formed as…
Skadden Arps Slate Meagher & Flom LLP | USA | 2 Jun 2020
An Alternative Paradigm to ‘On the Purpose of the Corporation’
Recently a definition of corporate purpose has been proposed and elaborated on in a memorandum captioned “On the Purpose of the Corporation” (the…
Hogan Lovells | USA | 17 Apr 2020
2020 Q1 Decisions Update
This appeal arose from a putative class action brought by Matthew Sciabacucchi seeking a declaratory judgment that federal-forum provisions (FFPs)…
Hogan Lovells | USA | 14 Apr 2020
2020 Q1 Decisions Update
AmerisourceBergen Corp. (AmerisourceBergen), one of the three largest pharmaceutical wholesale distributors in America, is a defendant in…
