Diller Wins Round One in Dispute with Liberty Media
In Re IAC/InterActive Corp., (Del. Ch., March 28, 2008), read opinion here. Last Friday, the Chancery Court decided "round one" in a clash of the titans. I say "round one" because if I were a betting man I would predict that the … Continue reading
Former Chancellor Allen on Corporate Governance and Delaware Corporate Law
Willam Allen is the former Chancellor of the Delaware Court of Chancery, and is now the Director, NYU Center for Law & Business, Professor of Law and Clinical Professor of Business at New York University Law School. Professor Bainbridge highlights here, … Continue reading
SCOTUS Decides in Favor of First State: in New Jersey v. Delaware
In New Jersey v. Delaware, case No. 134, (Orig.), the United States Supreme Court decided today, (read opinion here), that Delaware has the right, in essence, to veto a plan approved by New Jersey, for a company to build a liquefied natural gas … Continue reading
Delaware Supreme Court Affirms Class Action Settlement in Philly Stock Exchange Case
In the Matter of the Philadelphia Stock Exchange, Inc., (Del. Supr., March 27, 2008), read opinion here, the Delaware Supreme Court (two days ago) affirmed the Chancery Court’s decision to both approve the class action settlement in the case as … Continue reading
Self-Adulation Department
A few months ago I was selected by Lexis/Nexis to have this blog included among their "top commercial blogs" for a new commercial law "homepage/portal" they created. Here is the link (see the drop-down menu at the bottom of the page at … Continue reading
Fiduciary Duty Claims against Subprime Lender in Bankruptcy
A recent report by an independent examiner for a trustee of subprime lender, New Century, in bankruptcy, has described in a 581-page report, various bases for causes of action against officers and directors for breach of fiduciary duty, as well as … Continue reading
Blogs at the AmLaw 200
Kevin O’Keefe, the nation’s leading expert on blogs for lawyers–and others–provides here his updated review of blogging amid the AmLaw 200 (the country’s 200 largest firms). Changes since his last survey in August 2007 show that just over 25% of the group’s firms … Continue reading
Full Panoply of Attorney/Client Relationship Benefits Not Enjoyed by Member of Class Action Plaintiff Group
An article I wrote on the above topic for my regular ethics column here is in the March/April issue of The Bencher, a publication of the American Inns of Court.
New Law Review Article on “Corporate Religious Expresssion”
Occupying an intriguing intersection among corporate law, constitutional law and religion, is the article by Julie Marie Baworowsky of Notre Dame Law School that appears at Notre Dame Law Review, Vol. 83, No. 4, 2008. Here is the abstract: Should corporate … Continue reading
Background Materials for 1967 Delaware General Corporation Law
Professor Stephen Bainbridge highlights here, courtesy of Prof. Larry Hamermesh and the Law Library at the Widener University Law School, an online link to extensive background materials that led to the 1967 revisions to the Delaware General Corporation Law (DGCL). This is … Continue reading
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