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6 Aug 2009, 5:00 am
The increasing importance of the FDD in transactional settings is evident also in the Topps, Lear and Netsmart decisions from 2007, and Transkaryotic Therapies, from 2008. [read post]
17 Jul 2009, 2:29 pm
(Chicopee, MA; Pavel Siryk, President) Agiltron Development Corporation (Woburn, MA; Dr. [read post]
1 Jul 2009, 3:35 pm
The Lear Corporation, a maker of car seats, said that it would file for bankruptcy protection in a reorganization supported by crucial secured lenders and bondholders and that it had obtained $500 million in bankruptcy financing. [read post]
14 Jun 2009, 6:42 am
Sidhu, In re Lear Corporation Shareholder Litigation and the Delaware Supreme Court's reversal of Lyondell, however, made clear that such provisions remain a powerful shield for directors against monetary liability for breaches of the duty of care. [read post]
9 Jun 2009, 2:15 pm
Amodeo was forced to surrender more than $1 million cash, three homes, several luxury automobiles, commercial real estate, a Lear Jet, and his corporations in attempt to fulfill his outstanding tax debt. [read post]
29 May 2009, 6:32 am
See, in addition to Gesoff and McPadden, In re Lear Corporation Shareholder Litigation, 2008 WL 5704774 (Del. [read post]
25 May 2009, 8:14 pm
Here, the court could have done well to cite the Supreme Court's decision of Lear v. [read post]
9 Apr 2009, 9:27 am
(Afro-IP) Australia Major changes to Patents Act proposed; proposed changes anger Australian patent attorneys (Mallesons Stephen Jaques) (Managing Intellectual Property) IP examination centre in Melbourne to boost Australian innovation and jobs (IP Down Under) Full Federal Court: ‘Use it or lose it’ approach confirmed: E & J Gallo Winery v Lion Nathan (Mallesons Stephen Jaques) Bulgaria M-Tel ‘best Bulgarian brand’ in independent… [read post]
3 Apr 2009, 9:14 am
This is my fifth update from this corporate law seminar in New Orleans. [read post]
6 Mar 2009, 1:04 am
Other companies that have recently announced that have received or anticipate receiving a going concern opinion include Allied Capital, Lear and UTStarcom. [read post]
21 Jan 2009, 12:00 pm
The proposal was submitted to the following companies: Cooper Industries, Ltd. of Houston, TX; Lear Corporation of Southfield, MI; Xerox Corporation of Norwalk, CT; and, Urban Outfitters, Incorporated of Philadelphia, PA. [read post]
11 Nov 2008, 2:20 pm
Sidhu and In re Lear Corp. [read post]
22 Oct 2008, 11:20 pm
Sidhu and In Re Lear Corporation as “reaffirm[ing] the high bar required to prove that directors have breached their duty of loyalty via ‘bad faith conduct’ that cannot be exculpated. [read post]
22 Oct 2008, 11:20 pm
Sidhu and In Re Lear Corporation as “reaffirm[ing] the high bar required to prove that directors have breached their duty of loyalty via ‘bad faith conduct’ that cannot be exculpated. [read post]
8 Oct 2008, 5:00 pm
The mystery is how large components of the country's system of corporate governance can be left to a jurisdiction with these obvious economic incentives. [read post]
8 Oct 2008, 4:00 pm
We are discussing In re Lear, an opinion by VC Strine. [read post]
7 Oct 2008, 3:00 pm
In In re Lear Corporation, plaintiffs were before the Chancery Court in their fourth amended complaint. [read post]
7 Oct 2008, 12:15 pm
The claim stems from an attempted purchase of Lear Corporation, a manufacturer of interior systems for cars and light trucks. [read post]
13 Sep 2008, 7:10 pm
As Vice Chancellor Strine states in his September 2nd opinion in In Re Lear Corporation, "a very extreme set of facts would seem to be required to sustain a disloyalty claim premised on the notion that disinterested directors were intentionally disregarding their duties. [read post]
11 Sep 2008, 2:16 pm
Delaware Vice Chancellor Leo Strine dismissed a claim by a shareholder of the Lear Corporation that the company's board should not have agreed to a buyout contract in which the company promised to pay a termination fee of $25 million... [read post]
