Knowledge

Across topics and issues, borders and industries, we have the thought leadership you need to stay ahead of changes in the law.

Follow us:

Publications

News

Snow Phipps Group v. KCAKE Acquisition: DE addresses MAE based on COVID-19 impact

In Snow Phipps Group, LLC v. KCAKE Acquisition, Inc. (C.A. No. 2020-0282-KSJM), the Delaware Court of Chancery ordered specific performance of a US$550 million acquisition, rejecting the...

News

Washington and Oregon join California in mandating vaccination for health care workers

On August 9, 2021, Washington state announced that it will be requiring state employees and in state health care workers to be fully vaccinated against COVID-19 by October 18, 2021, which...

News

In re Appraisal of Regal: deal-price-less-synergies valuation method is “first among equals”

The court’s decision in In re Appraisal of Regal Entertainment Group (C.A. No. 2018-0266-JTL (Del. Ch. May 13, 2021)) is the most recent in a line of cases confirming that the...

News

LDC Parent v. Essential Utilities: DE court on who should resolve purchase price adjustment dispute

In LDC Parent, LLC v. Essential Utilities, Inc. (C.A. No. N20C-08-127-MMJ-CCLD (Del. Super. Apr. 28, 2021)), the Delaware Superior Court held that a post-closing purchase price adjustment...

News

SEC approves Nasdaq’s board diversity rules

On August 6 the SEC approved the Nasdaq Stock Market’s proposal to amend its listing rules to require operating companies listed on its U.S. exchanges to provide annual disclosures...

News

Manichaean Capital v. Exela Tech: DE courts rule on “reverse veil piercing” claims

In Manichaean Capital, LLC v. Exela Tech., Inc. (C.A. No. 2020-0601-JRS (Del. Ch. May 25, 2021)), the Court of Chancery ruled as a matter of first impression in Delaware that plaintiffs...

News

Federal Circuit affirms GSK labeling carve-out ruling in favor of innovator

Earlier this month, in GlaxoSmithKline LLC v. Teva Pharmaceuticals USA, Inc., a panel of the U.S. Court of Appeals for the Federal Circuit (CAFC) affirmed (2-1) upon rehearing its...

News

Global Payments Newsletter, August 2021

Key developments of interest over the last month include: Brazil: Central bank publishes details of push towards Phase 2 of Open Banking United Kingdom: PSR launches Digital Payments...

News

Court in Puerto Rico case adopts alternative test to find settlement agreements were executory

Section 365 of the Bankruptcy Code creates a framework through which a debtor can elect to either assume or reject an executory contract. Because the Bankruptcy Code does not define...

Loading data