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In the wake of these developments the adoption of exclusive forum provisions has resumed, and by our count there are now about 120 companies, largely but not exclusively Delaware corporations, that have gotten on board since the Chevron decision. [read post]
4 Nov 2013, 9:56 pm by Jon Gelman
And it proves our determination to hold accountable any corporation that breaks the law and enriches its bottom line at the expense of the American people. [read post]
30 Oct 2013, 2:01 pm by Jim Walker
  These are consultants for big business who are well paid to get large billion dollar corporations out of tight spots. [read post]
28 Oct 2013, 4:35 am by Broc Romanek
Chevron, should Delaware corporations: - Adopt a forum selection bylaw soon - 53% - Defer considering adoption of a forum selection bylaw until the Delaware Supreme Court rules on the issue - 46% - Never adopt a forum selection bylaw - 1% 2. [read post]
21 Oct 2013, 1:24 am by Kevin LaCroix
This could be particularly important in the context of a multi-defendant proceeding where one defendant (say, the corporate defendant) is motivated to pursue settlement and perhaps willing to make admissions to put the matter to rest, while other defendants could be less willing to settle based on an admission. [read post]
26 Sep 2013, 8:17 am by Beth Graham
  The panel reportedly found that a 1995 agreement signed by Chevron’s predecessor, Texaco Corporation, released the oil giant from such liability. [read post]
3 Sep 2013, 1:38 am by Kevin LaCroix
Every fall, I take a step back and survey the most important current trends and developments in the world of Directors’ and Officers’ liability and D&O insurance. [read post]
31 Aug 2013, 3:31 am by Jon Gelman
Kaplan is currently presiding over a RICO lawsuit that Chevron filed against a group of Ecuadorians and their lawyers. [read post]
26 Aug 2013, 8:00 am
McConville applied Chevron deference — i.e., deference to an agency’s interpretation of a statute it is tasked with administering — to its interpretation of Rule 13b2-1. [read post]
26 Aug 2013, 7:00 am by Sheppard Mullin
McConville applied Chevron deference — i.e., deference to an agency’s interpretation of a statute it is tasked with administering — to its interpretation of Rule 13b2-1. [read post]
19 Aug 2013, 9:00 am
When corporations (and even government entities) fail at these duties and people become ill, the victims may be able to invoke the area of law known as “toxic torts” and seek damages for the harm they suffered. [read post]
5 Jul 2013, 8:25 am by Larry Catá Backer
Professor Seck's research interests include corporate social responsibility, international environmental, human rights, and sustainable development law, climate change, and indigenous law. [read post]
In a much anticipated decision, the Delaware Chancery Court upheld on June 25, 2013 the validity of the forum selection bylaws adopted by the boards of directors of FedEx Corporation (“FedEx”) and Chevron Corporation (“Chevron”). [read post]
28 Jun 2013, 8:01 am by Kprofs2013
Those clauses in the corporations’ bylaws provided that litigation relating to the companies’ internal affairs should be conducted... [read post]
27 Jun 2013, 5:58 pm by Alex Talarides
The bylaw that Chancellor Strine upheld (adopted by the boards of both Chevron Corporation and FedEx Corporation) provides that the Delaware Court of Chancery will be the sole and exclusive forum for (i) any derivative action brought on behalf of the corporation, (ii) any action asserting breach of fiduciary duty claims, (iii) any action asserting a claim arising under the DGCL, or (iv) any action asserting a claim governed by the internal affairs doctrine. [read post]
26 Jun 2013, 4:06 am by Broc Romanek
Here's a brief summary from Claudia Allen of Neal Gerber: Chancellor Strine's opinion upholds the facial validity under the DGCL of the forum selection bylaws adopted by Chevron and Fed Ex, and holds that such bylaws are contractually valid even though adopted without shareholder consent. [read post]