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” The FTC’s administrative process is currently in the hot seat in the case against Axon Enterprises Inc., which in some ways attacks the fundamental fairness of an administrative proceeding. [read post]
13 Feb 2023, 4:55 am by Franklin C. McRoberts
Second, case law holds that the buyout of a minority interest in a functioning business is generally preferable to the entity’s dissolution. [read post]
12 Feb 2023, 2:52 pm by Dennis Crouch
Dec. 11, 2012) quoted in Electra v. 59 Murray Enterprises, Inc., 987 F.3d 233, 258 (2d Cir. 2021), cert. denied, 211 L. [read post]
8 Feb 2023, 2:40 pm by anne
In September 2022, New York State secured a significant recovery against Canada-based cigarette manufacturer Grand River Enterprises Six Nations, Ltd., and its distributor, New York-based Native Wholesale Supply Company, Inc., as the companies agreed to pay $50 million and follow corrective measures to resolve charges of evading New York state taxes. [read post]
7 Feb 2023, 8:24 pm by Sabrina I. Pacifici
– Tuesday, February 7, 2023 – FiscalNote Holdings, Inc. [read post]
7 Feb 2023, 6:30 am
VC Laster also observed that a board with oversight duties can hold an officer accountable for failing to fulfill the officer-level duty of oversight. [read post]
7 Feb 2023, 6:30 am
VC Laster also observed that a board with oversight duties can hold an officer accountable for failing to fulfill the officer-level duty of oversight. [read post]
6 Feb 2023, 9:01 pm by renholding
In recent years, however, courts have held that certain plaintiffs have pled facts sufficient to avoid dismissal of suits seeking to hold directors liable for failing to discharge their oversight duties. [read post]
1 Feb 2023, 9:05 pm by renholding
  The deal announcement included Microsoft’s agreement to deploy OpenAI’s models across its consumer and enterprise products and to introduce new categories of digital experiences built on OpenAI’s technology. [read post]
31 Jan 2023, 8:54 am by Gregory G. Hesse and Brandon Bell
By way of background, the LTL bankruptcy was predicated by numerous products liability lawsuits stemming from allegations that talc used in certain Johnson & Johnson Consumer Inc. [read post]
6 Jan 2023, 6:02 am by Richard Hunt
Jonathan Adler Enterprises, LLC, 2022 WL 17978906, at *2 (S.D.N.Y. [read post]