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29 Nov 2023, 6:31 am
In this Briefing, we discuss (i) the prevalence of earnouts in M&A deals; (ii) the trend in litigation over earnout disputes; (iii) a change in the frequency of certain earnout-related buyer covenants; (iv) basic Delaware legal principles relating to earnouts; and (v) the recent major Delaware earnout decisions, which reflect a new judicial trend of more frequent holdings against buyers. [read post]
29 Nov 2023, 6:31 am
In this Briefing, we discuss (i) the prevalence of earnouts in M&A deals; (ii) the trend in litigation over earnout disputes; (iii) a change in the frequency of certain earnout-related buyer covenants; (iv) basic Delaware legal principles relating to earnouts; and (v) the recent major Delaware earnout decisions, which reflect a new judicial trend of more frequent holdings against buyers. [read post]
10 Nov 2023, 3:00 am by Jim Sedor
National/Federal To Help 2024 Voters, Meta Says It Will Begin Labeling Political Ads That Use AI-Generated Imagery ABC News – David Klepper (Associated Press) | Published: 11/8/2023 Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence (AI). [read post]
30 Oct 2023, 2:25 pm by Francis Pileggi
Frank Reynolds, who has been covering Delaware corporate decisions for various national publications for over 35 years, prepared this article. [read post]
20 Oct 2023, 6:30 am
Shill (University of Iowa), on Monday, October 16, 2023 Tags: Citizens United v. [read post]
20 Oct 2023, 6:30 am
Shill (University of Iowa), on Monday, October 16, 2023 Tags: Citizens United v. [read post]
16 Oct 2023, 1:06 pm by Edward T. Kang
Delaware Local Rule 30.6 provides, “from the commencement until the conclusion of deposition qu [read post]
13 Oct 2023, 4:00 am by Jim Sedor
Biden Interviewed About Classified Documents Found at His Office, Home MSN – Tyler Pager and Perry Stein (Washington Post) | Published: 10/9/2023 President Biden was interviewed over the last two days as part of the investigation led by special counsel Robert Hur into the discovery of classified documents at Biden’s private office and Delaware home. [read post]
30 Jul 2023, 2:41 pm by Francis Pileggi
This article was prepared by Frank Reynolds, who has been following Delaware corporate law and writing about it in various publications for more than 35 years The Delaware Court of Chancery has ruled that the contempt sanction of a $1,000-a-day fine is an appropriate means of forcing Hone Capital LLC to comply with the Court’s previous order to advance funds for an ex-officer’s defense of Hone’s charges that she fraudulently managed an investment … [read post]
14 Jul 2023, 6:30 am
Stronski, Skadden, Arps, Slate, Meagher & Flom LLP, on Tuesday, July 11, 2023 Tags: Board composition, directors, Mergers & acquisitions, SEC enforcement, Shareholder activism, universal proxy rule X Corp. v. [read post]
14 Jul 2023, 6:30 am
Stronski, Skadden, Arps, Slate, Meagher & Flom LLP, on Tuesday, July 11, 2023 Tags: Board composition, directors, Mergers & acquisitions, SEC enforcement, Shareholder activism, universal proxy rule X Corp. v. [read post]