Ribstein on Corporate Governance and Rubin at Citigroup, Inc.
Professor Larry Ribstein ponders here in a thought-provoking post about the corporate governance implications of a former Treasury Secretary such as Robert Rubin who, as a sophisticated and very highly paid member of the board of Citigroup, Inc., either did not … Continue reading
Lawyers and The Holy See
Professor Stephen Bainbridge, one of the country’s foremost scholars of corporate law, and often cited in the decisions of the Delaware courts, has penned a thoughtful post about another law professor who has been mentioned as a potential new ambassador … Continue reading
Twitter for Business Litigation Lawyers
This is intended as short reflection piece, so I’ll ask for your indulgence to the extent this is "off topic", but since I am writing this on a Sunday afternoon, a little reflection is in order. Twitter is a free online tool that … Continue reading
Chancery Denied Reargument on Attorneys’ Fees
In Postorivo v. AG Paintball Holdings, Inc., 2008 Del. Ch. LEXIS 165 (Nov. 13, 2008), the Delaware Chancery Court denied reargument of a prior award of attorneys’ fees that limited the total amount payable. For more factual background, I refer you to my summaries … Continue reading
Chancery Court Vacates Prior Decision in Fiduciary Duty Case
In Stephenson v. Cooke, (Del. Ch., Oct. 29, 2008), the Delaware Chancery Court vacated a 30-page decision summarized here, in an unusual ruling that apparently was based in part on a condition of a settlement between the parties involved. Read … Continue reading
Chancery Court Upholds Forum Selection and Choice of Law Clauses; Rejects Promissory Estoppel Claim; and Finds Absence of Essential Elements of Contract
In Greetham v. Sogima L-A Manager, LLC, et al., 2008 Del. Ch. LEXIS (Nov. 3, 2008), read opinion here, the Delaware Chancery Court addressed three legal issues that are of substantial practical importance in many corporate and commercial litigation cases, and the … Continue reading
Video Clips of Recent AIG Chancery Court Hearing
For your viewing and listening pleasure (for those who might enjoy watching a live hearing in Delaware Chancery Court via your desktop), I provide access to two short video clips of a recent hearing in the Delaware Chancery Court on the AIG case, courtesy of www.courtroomlive.com … Continue reading
Chancery Rules on Statutory Trust Issues Involving Cargill and Refco
In Cargill, Inc. v. JWH Special Circumstance, LLC, (Del. Ch., Nov. 7, 2008), read opinion here, the Delaware Chancery Court issued a 68-page decision involving a Delaware statutory trust (formerly referred to as a business trust), and found that common law fiduciary … Continue reading
Chancery Revises eFiling Order for Confidential Documents
The Chancery Court issued a Standing Order dated Nov. 12, 2008, here, that supersedes an Order dated Oct. 6, 2008, relating to eFiling of Confidential Documents, so as to ensure their confidentiality in connection with other parts of the file that … Continue reading
Blogging for Lawyers
Kevin LaCroix, the famed author of The D & O Diary, a must-read for those who want to keep abreast of developments in the field of director and officer liability coverage, was on a panel with me at a presentation yesterday … Continue reading
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