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2 Jan 2018, 5:08 pm
As discussed here, last year, the Seventh Circuit, in a blistering opinion written by Judge Richard Posner in a merger objection lawsuit involving Walgreen’s acquisition of Alliance Boots, affirmatively adopted the Delaware Chancery Court’s position on disclosure-only settlements. [read post]
30 Sep 2017, 9:00 pm
As of Sept. 29, all (corporate) customers have been instructed to remove and destroy impacted product. [read post]
21 Sep 2017, 9:30 pm
The FTC approved Walgreens’ proposal to acquire over 1,900 Rite Aid stores for $4.38 billion. [read post]
4 Sep 2017, 2:20 pm
To the extent this defendant-friendly approach actually materializes, it could prove to provide a significant boost to corporate litigants and their D&O insurers. [read post]
22 May 2017, 4:57 pm
Indeed, in the recent decision in the Walgreen’s case (discussed here), Seventh Circuit Justice Richard Posner expressly adopted Trulia’s reasoning a decision rejecting a disclosure only settlement. [read post]
21 Apr 2017, 5:00 am
In November 2016, Walgreens sued Theranos for breach of contract. [read post]
4 Apr 2017, 10:37 am
For three consecutive years (2013-2015) the Chicago area was named the country’s leading metro market for “new and expanded corporate facilities. [read post]
2 Mar 2017, 5:06 pm
The authors note that at least one federal circuit court – the Seventh Circuit in its 2016 decision in the Walgreen case (discussed here) – has express adopted Trulia’s skepticism of disclosure-only settlements. [read post]
12 Feb 2017, 4:57 pm
” Accordingly, the appellate court added to the five-factor Colt test “two additional factors,” that is, “whether the proposed settlement is in the best interests of the putative settlement class as a whole, and whether the settlement is in the best interests of the corporation. [read post]
12 Feb 2017, 7:46 am
Equity and Substantive Rights-Obligations—Fiduciary Duty and the Corporation --Bayer v. [read post]
25 Jan 2017, 11:28 am
Corporate whistleblowers and qui tam law firms are key to the fight against healthcare fraud. [read post]
22 Jan 2017, 5:05 pm
However, as Griffith pointed out, the reason the Seventh Circuit addressed these issues in the Walgreen case is that an objector to the class action lawsuit settlement had come forward. [read post]
3 Jan 2017, 4:28 pm
The seemingly inexhaustible stream of high-profile corporate scandals seems likely to provide ample motivation and incentive for these developments to advance. [read post]
4 Oct 2016, 7:52 am
Walgreen Corporation held that the pharmacy should keep the returned medication because it may be relevant to an upcoming civil lawsuit, and a failure to preserve the potential evidence may result in court sanctions for the spoliation of evidence. [read post]
5 Sep 2016, 6:30 am
A wave of corporate scandals has accelerated this phenomenon. [read post]
16 Aug 2016, 11:11 am
Whether this trend will benefit defendant corporations remains to be seen. [read post]
13 Aug 2016, 10:56 am
In re Walgreen Co. [read post]
12 Aug 2016, 12:08 pm
(“Walgreens”) issued a proxy statement seeking approval of its reorganization as a new Delaware corporation to be called Walgreens Boots Alliance, Inc. [read post]
24 May 2016, 10:00 pm
Gerber is owned by Nestlé, Enfamil is owned by Mead Johnson, Similac is owned by Abbott Laboratories, and Well Beginnings is owned by Walgreens. [read post]
3 Feb 2016, 6:53 am
The five largest operators of retail clinics, dominating 90% of the market share, are: CVS (MinuteClinic); Walgreens (Walgreens Healthcare Clinic); Kroger (The Little Clinic); Rite Aid (RediClinic); and Target (Target Clinic). [read post]
