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13 Jan 2023, 6:59 am by Ann Lipton
This is sort of arcane, but I am fascinated by two decisions that came out of Delaware this week from VC Laster and VC Glasscock. [read post]
9 Jan 2023, 9:01 pm by renholding
In a remarkable year of class action activity, investors across the globe agreed to settlements totaling over $7.4 billion[1] in 2022, a greater than 75% increase from 2021. [read post]
5 Jan 2023, 2:22 pm by Kevin LaCroix
Jeff LubitzJarett SenaIn the following guest post, Jeff Lubitz, Managing Director, ISS Securities Class Action Services, and Jarett Sena, Director of Litigation Analysis, ISS Securities Class Action Services, take a detailed look at the largest securities class action settlements of 2022, and in particular at the largest 10 U.S. securities class action settlements during the year as well as the largest non-U.S. settlements. [read post]
25 Nov 2022, 6:31 am
In a series of recent pleading-stage decisions, Vice Chancellor Laster rejected dismissal of most of the plaintiff’s claims. [read post]
25 Nov 2022, 6:31 am
In a series of recent pleading-stage decisions, Vice Chancellor Laster rejected dismissal of most of the plaintiff’s claims. [read post]
7 Nov 2022, 3:02 am by John Jenkins
I know that Chancellor McCormick has been absolutely swamped over the last several months dealing with the Twitter litigation, but spare a thought for Vice Chancellor Laster too, because he’s been dealing with quite a plateful himself. [read post]
20 Oct 2022, 6:44 am by John Jascob
According to the Delaware Court of Chancery, an individual who causes the formation of a Delaware entity for the purpose of engaging in a transaction must expect to be subject to suit in Delaware for claims based on the resulting transaction (In re P3 Health Group Holdings LLC, October 14, 2022, Laster, T.).Deal structure. [read post]
19 Sep 2022, 4:25 am by Peter J. Sluka
Laster was clearly troubled by this result: Under CompoSecure II, XRI can avoid the consequences of a transaction notwithstanding its acquiescence. [read post]
15 Sep 2022, 3:00 am by John Jenkins
It looks like my choices have come down to either blogging about another one of Vice Chancellor Laster’s 100+ page opinions or biting the bullet & blogging about Elon Musk and Twitter. [read post]
21 Aug 2022, 11:51 am by Francis Pileggi
Laster Mentorship programs to help establish positive norms and check errant behavior, along with self-policing. [read post]
8 Aug 2022, 6:05 am by Eugene Volokh
Sattar, decided Thursday by the Ohio Court of Appeals, in an opinion by Judge Sean Gallagher, joined by Judges Anita Laster Mays and Eileen Gallagher: On August 22, 2005, the parties participated in a telephonic marriage ceremony, which was conducted over a speaker phone. [read post]
5 Aug 2022, 6:31 am
In an opinion that clarifies, and arguably expands, the court’s current approaches on important topics, Vice Chancellor Laster found, at the pleading stage of litigation, that it was “reasonably conceivable” (the standard for survival of claims at the pleading stage) that all of the defendant directors and officers committed unexculpated breaches of their fiduciary duties in connection with the sale process. [read post]
5 Aug 2022, 6:31 am
In an opinion that clarifies, and arguably expands, the court’s current approaches on important topics, Vice Chancellor Laster found, at the pleading stage of litigation, that it was “reasonably conceivable” (the standard for survival of claims at the pleading stage) that all of the defendant directors and officers committed unexculpated breaches of their fiduciary duties in connection with the sale process. [read post]
16 Jul 2022, 8:17 am
Vice Chancellor Laster’s recent opinion in Goldstein v. [read post]
27 Jun 2022, 6:40 am
Vice Chancellor Laster, at the pleading stage of litigation, declined to dismiss the plaintiff’s claims against the directors who approved the awards; against the other directors (who did not approve the awards); and against the CEO who received the award. [read post]
27 Jun 2022, 6:40 am
Vice Chancellor Laster, at the pleading stage of litigation, declined to dismiss the plaintiff’s claims against the directors who approved the awards; against the other directors (who did not approve the awards); and against the CEO who received the award. [read post]