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15 Apr 2020, 3:16 pm by Kevin LaCroix
Last year, applying the Delaware Chancery Court’s Caremark duty of loyalty standard, the Delaware Supreme Court reaffirmed director liability where a board of directors fails to establish a reporting process for essential compliance and governance matters. [read post]
13 Apr 2020, 4:19 pm by Kevin LaCroix
… This standard for preliminary approval of class action settlements was established by amendments to rule 23(e) that became effective on December 1, 2018.[7]   Since March 11, when the novel coronavirus was officially characterized as a pandemic by the World Health Organization, the U.S. securities class action litigation exposure to alleged violations of Rule 10b-5 directly related to COVID-19 has amounted to $2.7 billion.[8]   Data and analysis indicate that investors have not… [read post]
8 Apr 2020, 3:00 am by Gabrielle Wast
Last month, Congress failed to include funding for oil for the reserve in its coronavirus stimulus bill. [read post]
6 Apr 2020, 5:00 am by Malcolm Jorgensen
Kevin Jon Heller endorsed the ICC’s enhanced independence from global power distribution on the grounds that a contrary decision “would have signaled the end of the ICC as a meaningful international institution. [read post]
3 Apr 2020, 3:00 am by Jim Sedor
New York Times – Kevin Roose, Sheera Frenkel, and Nicole Perlroth | Published: 3/29/2020 Big tech companies have spent the past three years working to avoid a repeat of 2016, when their platforms were overrun by Russian trolls and used to amplify America’s partisan divide. [read post]
In its cease and desist order, the FTC argued that LabMD failed to “implement reasonable security measures to protect the sensitive consumer information on its computer network. [read post]
31 Mar 2020, 2:33 pm by Kevin Sheerin
Appealing a Civil Service Exam Disqualification Law Offices of Kevin P. [read post]
30 Mar 2020, 12:24 pm by Josh Blackman
Limits on Pass/Fail Courses: If a student makes the election, their Spring 2020 courses will not count toward the otherwise applicable limits on the number of pass/fail option courses found in Hoynes Code section 7.1.3.3. [read post]
27 Mar 2020, 1:58 pm by kblocher@hslf.org
Myrtle Beach Safari has numerous USDA citations for unsafe caging and handling as well as for failing to provide veterinary care for animals. [read post]
27 Mar 2020, 8:27 am by skelly
Kevin Stitt issued the Fourth Amended Executive Order 2020-07, stating that effective as of 11:59 PM on March 25th, all businesses not identified as being within a critical infrastructure sector as defined by the CISA Guidelines or the Order are required to close. [read post]
27 Mar 2020, 8:17 am by Scott H. Kimpel
Telegram failed to establish a viable private placement exemption. [read post]
26 Mar 2020, 2:43 pm by Kevin LaCroix
(My thanks as always to the indefatigable Kevin LaCroix, author of the D&O Diary, for pointing these out.) [read post]
26 Mar 2020, 9:12 am by Jonathan Bailey
The lawsuit was filed against Kevin Healy and Propagate Content, the producers of Prank Encounters. [read post]
23 Mar 2020, 1:48 pm by Kevin LaCroix
The court faulted the board for failing to implement “any system to monitor [the ice cream company’s] food safety performance or compliance. [read post]
The lawsuit alleges that the cruise line made false and misleading statements or failed to disclose in its securities filings sales tactics by the company that purported to provide customers with unproven or blatantly false statements about COVID-19 to entice customers to purchase cruises. [read post]
15 Mar 2020, 6:46 am by Hayleigh Bosher
The court complained that these requirements are too often referred to in shorthand as ‘substantial similarity’ which fails to recognise that there are two distinct concepts. [read post]
13 Mar 2020, 11:06 am by Hayley Evans, Paras Shah
As discussed in our previous Lawfare post and in other articles (by former ICC Prosecutor Luis Moreno Ocampo, Kevin Jon Heller, Dov Jacobs, Katherine Gallagher and Nikki Reisch), the April 2019 Pre-Trial Chamber decision not to authorize the investigation hinged on the notion that the investigation was not in the “interests of justice. [read post]
13 Mar 2020, 6:31 am
Posted by Kevin Harnisch (Norton Rose Fulbright US LLP) and David Ho and Nepomuk Loesti (American International Group, Inc.), on Friday, March 6, 2020 Tags: Extraterritoriality, Foreign issuers, International governance, Liability standards, Morrison v. [read post]