Delaware

  • December 08, 2023

    Circuit-By-Circuit Guide To 2023's Most Memorable Moments

    A former BigLaw partner in his 30s made history by joining a preeminent circuit court, a former BigLaw partner in his 50s made waves by leaving the largest circuit, and a former chemist in her 90s made enemies by resisting a probe on the most specialized circuit. That's a small sample of the intrigue that flourished in 2023 throughout the federal appellate system, where diversity bloomed and controversy abounded.

  • December 08, 2023

    Solicitor General Urges Justices To Ax Social Media Laws

    U.S. Solicitor General Elizabeth B. Prelogar has called on the U.S. Supreme Court to strike down laws in Texas and Florida that bar social media platforms from banning users or removing content, saying the content moderation provisions violate the First Amendment.

  • December 08, 2023

    Venezuela Says Immediate Appeal Needed In Citgo Cases

    Venezuela is pressing a federal judge to allow it to immediately appeal his ruling putting seven creditors closer to taking part in an auction of Citgo's indirect parent company next year, arguing that the legality of one of the largest forced sales in Delaware history is on the line.

  • December 08, 2023

    Delaware Judge Airs Complaints About Microchip Patent Row

    A California software company has won a ruling out of Delaware federal court that software it sells doesn't indirectly infringe decade-old microchip patents, though the state's top federal judge spent some time complaining about the filing practices of the tech company's lawyers, writing that he "arguably should have" rejected their motion out of hand.

  • December 08, 2023

    Data Firm Near Intelligence Files For Bankruptcy In Delaware

    Data gathering platform Near Intelligence Inc. filed for Chapter 11 bankruptcy protection in Delaware Friday with between $100 million and $500 million in debt and plans in place to sell its assets through a bankruptcy auction.

  • December 08, 2023

    Nikola Investors Fight Call For Del. SPAC Fraud Suit Toss

    Five attorney teams pressed Friday for dismissal of most of the derivative claims in a Delaware Court of Chancery stockholder lawsuit seeking damages from Nikola Corp., its directors, officers and an adviser in the wake of the hydrogen- and battery-powered truck manufacturer's fraud-tainted, $3.3 billion take-public deal.

  • December 08, 2023

    Tesla Investor Sues For Docs On Musk 'Glass House' Outlays

    A Tesla Inc. stockholder sued in Delaware's Court of Chancery Friday seeking access to a range of company documents that include details on until-recently secret purchases by the company of millions of dollars worth of large, specialized glass panels for founder Elon Musk's "new house."

  • December 08, 2023

    Magistrate Pans Countersuit To Rwanda's $40M Fraud Claim

    A Massachusetts pharmaceutical company that countersued Rwanda's social security board after it accused the firm and its owner of a $40 million fraud has failed to show the African nation abused the judicial process or interfered with the company's business deals, a Delaware Court of Chancery magistrate said Friday.

  • December 08, 2023

    Bankrupt Fruit Grower Cancels Auction With No Proper Bid

    Stone fruit producer Prima Wawona decided to cancel the auction scheduled for Friday to sell its assets for its Chapter 11 bankruptcy case, after not receiving any bids that met the requirements under the bidding procedure.

  • December 07, 2023

    Hunter Biden Hit With Tax Charges In Calif.

    A Los Angeles federal grand jury returned an indictment Thursday evening charging Hunter Biden with failing to pay more than $1 million in federal taxes over a four-year period and other tax-related offenses, as top Republicans have mulled drafting articles of impeachment against President Joe Biden.

  • December 07, 2023

    E-Commerce Co. Nogin Can Access $19.2M Of DIP Funds

    E-commerce technology provider Nogin Inc. will be able to tap into $19.23 million of debtor-in-possession funds, after a Delaware bankruptcy judge on Thursday gave initial approval to its Chapter 11 DIP package.

  • December 07, 2023

    Fed. Circ. OKs Mixed Ruling For Lundbeck In Trintellix IP Case

    The Federal Circuit has backed a decision that a slew of generic-drug makers don't infringe two of H. Lundbeck's patents on antidepressant drug Trintellix, while also affirming a decision that Lupin Pharmaceuticals Inc. infringes another patent.

  • December 07, 2023

    3rd Circ. Won't Reinstate VA Worker's Sex, Age Bias Suit

    The Third Circuit backed the U.S. Department of Veterans Affairs' defeat of a patient safety manager's suit claiming she was held to higher standards than colleagues because she's a woman in her 60s, ruling Thursday she failed to show the agency's actions were marred by bias.

  • December 07, 2023

    Kidde-Fenwal Cleared For Ch. 11 Sale Over Objections

    Fire suppression system company Kidde-Fenwal Inc. can move forward with its Chapter 11 asset sale process after a Delaware bankruptcy judge overruled objections from a committee of unsecured creditors that asked to delay the timeline until after mediation over liability for injuries allegedly caused by its firefighting foam products.

  • December 07, 2023

    US Trustee Wants 3rd Party Release Opt-Outs In IronNet Ch. 11

    The Office of the U.S. Trustee on Thursday objected to the Chapter 11 plan of bankrupt cybersecurity venture IronNet Inc., saying it needs to allow both voting and non-voting creditors to opt out of third-party releases.

  • December 07, 2023

    Athletes, YouTubers, Banks Want Out Of FTX Litigation

    Attorneys for celebrities, sports figures, prominent investors and financial institutions have rushed a federal court in Florida with briefs contesting personal liability in connection with the collapse of the FTX cryptocurrency exchange, disputing claims that their positive public comments fueled a multibillion-dollar crypto bust.

  • December 07, 2023

    Amyris Files Ch. 11 Plan With $23M Creditor Deal

    Biochemical company Amyris Inc. has filed a Chapter 11 plan disclosure statement saying it has reached a deal that could provide more than $23 million to unsecured creditors but that the proceeds of last week's auction of its brand assets were less than expected.

  • December 07, 2023

    3rd Circ. Affirms Dismissal Of Pa. Senate Staffer's Bias Suit

    A former Pennsylvania Senate staffer can't revive her suit alleging she was fired because of age bias and for taking time off to treat her cancer, the Third Circuit said, ruling that the lower court rightly found the Democratic caucus she targeted couldn't be sued.

  • December 06, 2023

    Del. Justices Ponder If Atty's Letter Was A Claim For Damages

    The Delaware Supreme Court wrestled with what exactly constitutes a "claim for damages" during oral arguments Wednesday in a dispute between Zurich Insurance Group units and herbicide manufacturer Syngenta, over whether an attorney's presuit letter claiming Syngenta's herbicide Paraquat caused his clients' Parkinson's disease qualifies.

  • December 06, 2023

    Boy Scouts Victim Group's Firms Can't Get Fees, Judge Rules

    A Delaware bankruptcy judge has declined to approve the ad hoc Coalition of Abused Scouts for Justice's $21 million request for fees in the Boy Scouts of America's Chapter 11 case, ruling that while it played a major role in the restructuring, it fell short of the requirements set by the bankruptcy code.

  • December 06, 2023

    Cooley Atty Can't Ax 'Rather Harsh' Sanctions, 3rd Circ. Says

    The Third Circuit on Wednesday affirmed a Pennsylvania federal judge's order sanctioning a senior Cooley LLP lawyer after he filed evidence in a patent dispute past the discovery deadline, noting that while the order was "rather harsh," the district judge had the discretion to impose the sanctions.

  • December 06, 2023

    Kidde-Fenwal Insurers Try Curbing Creditors In Coverage Suit

    A group of over 30 insurers for Kidde-Fenwal asked a Delaware bankruptcy judge this week to limit the involvement of the fire suppression product maker's creditors in a dispute between the company and the insurers regarding whether they are required to protect the insured against personal injury claims stemming from its firefighting foam.

  • December 06, 2023

    Feds Say No Reliable Proof For FTX's $0 Tax Estimate

    The U.S. government shot back Wednesday at FTX's request that a Delaware bankruptcy judge estimate its tax liability at zero, saying the bankrupt cryptocurrency exchange is asking the court to accept tax returns based on admittedly fraudulent records at "face value."

  • December 06, 2023

    FTX Says Ch. 11 Plan Coming Before Year's End

    Cryptocurrency platform FTX told a Delaware bankruptcy judge late Tuesday that it will be filing a Chapter 11 plan of reorganization before the end of the year and intends to do so with broad support from parties in interest.

  • December 06, 2023

    AmeriFirst Lender Says Loan Suit Is 'Baseless' Rehash

    A lender to bankrupt mortgage provider AmeriFirst Financial Inc. told the Delaware bankruptcy court a proposed lawsuit from the unsecured creditors committee is rehashing "baseless claims."

Expert Analysis

  • Series

    Performing Music Makes Me A Better Lawyer

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    The discipline of performing live music has directly and positively influenced my effectiveness as a litigator — serving as a reminder that practice, intuition and team building are all important elements of a successful law practice, says Jeff Wakolbinger at Bryan Cave.

  • Breaking Down High Court's New Code Of Conduct

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    The U.S. Supreme Court recently adopted its first-ever code of conduct, and counsel will need to work closely with clients in navigating its provisions, from gift-giving to recusal bids, say Phillip Gordon and Mateo Forero at Holtzman Vogel.

  • Rockport Ch. 11 Highlights Global Settlement Considerations

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    A Delaware bankruptcy court’s recent rejection of Rockport’s proposed settlement serves as a reminder that there is a risk that a global settlement executed outside of a plan may be rejected as a sub rosa plan, but shouldn’t dissuade parties from seeking relief when applicable case law supports approval, says Kyle Arendsen at Squire Patton.

  • Opinion

    Legal Profession Gender Parity Requires Equal Parental Leave

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    To truly foster equity in the legal profession and to promote attorney retention, workplaces need to better support all parents, regardless of gender — starting by offering equal and robust parental leave to both birthing and non-birthing parents, says Ali Spindler at Irwin Fritchie.

  • Opinion

    Activist Short-Sellers Are The Dark Knights Of Wall Street

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    While so-called activist short-sellers have been subject to increased scrutiny in recent years, these investors work in the shadows like Batman to expose fraud on Wall Street, often generating leads that may move regulators to take action, say attorneys at Labaton Sucharow.

  • Managing ANDA Venue Issues As Del. And NJ Filings Rise

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    Delaware and New Jersey have prevailed as the primary forum for pharmaceutical litigation as more generic companies file abbreviated new drug applications, but this venue scheme presents traps for the unwary, and legislation may still be necessary to ensure fairness and predictability, say Timothy Cook and Kevin Yurkerwich at WilmerHale.

  • Series

    Writing Thriller Novels Makes Me A Better Lawyer

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    Authoring several thriller novels has enriched my work by providing a fresh perspective on my privacy practice, expanding my knowledge, and keeping me alert to the next wave of issues in an increasingly complex space — a reminder to all lawyers that extracurricular activities can help sharpen professional instincts, says Reece Hirsch at Morgan Lewis.

  • What Lawyers Must Know About Calif. State Bar's AI Guidance

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    Initial recommendations from the State Bar of California regarding use of generative artificial intelligence by lawyers have the potential to become a useful set of guidelines in the industry, covering confidentiality, supervision and training, communications, discrimination and more, say attorneys at Debevoise.

  • Industry Must Elevate Native American Women Attys' Stories

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    The American Bar Association's recent research study into Native American women attorneys' experiences in the legal industry reveals the glacial pace of progress, and should inform efforts to amplify Native voices in the field, says Mary Smith, president of the ABA.

  • Understanding Discovery Obligations In Era Of Generative AI

    Excerpt from Practical Guidance
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    Attorneys and businesses must adapt to the unique discovery challenges presented by generative artificial intelligence, such as chatbot content and prompts, while upholding the principles of fairness, transparency and compliance with legal obligations in federal civil litigation, say attorneys at King & Spalding.

  • Chancery's 'Unfair Deal, Fair Price' Ruling Part Of A Trend

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    The Delaware Court of Chancery's recent decision in In re: Straight Path Communications is the latest in a line of recent post-trial rulings by the court that seem to prioritize a fair price in determining damage awards — even when a transaction has been clouded by an unfair process, say attorneys at V&E.

  • Asserting 'Presence-Of-Counsel' Defense In Securities Trials

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    As illustrated by the fraud trial of FTX founder Sam Bankman-Fried, defense attorneys in securities trials might consider arguing that counsel had some involvement in the conduct at issue — if the more formal advice-of-counsel defense is unavailable and circumstances allow for a privilege waiver, say Joseph Dever and Matthew Elkin at Cozen O'Connor.

  • An Overview Of Circuit Courts' Interlocutory Motion Standards

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    The Federal Arbitration Act allows litigants to file an immediate appeal from an order declining to enforce an arbitration agreement, but the circuit courts differ on the specific requirements for the underlying order as well as which motion must be filed, as demonstrated in several 2023 decisions, says Kristen Mueller at Mueller Law.

  • The Case For Post-Bar Clerk Training Programs At Law Firms

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    In today's competitive legal hiring market, an intentionally designed training program for law school graduates awaiting bar admission can be an effective way of creating a pipeline of qualified candidates, says Brent Daub at Gilson Daub.

  • Attorneys Have An Ethical Duty To Protect The Judiciary

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    The tenor of public disagreement and debate has become increasingly hostile against judges, and though the legislative branch is trying to ameliorate this safety gap, lawyers have a moral imperative and professional requirement to stand with judges in defusing attacks against them and their rulings, says Deborah Winokur at Cozen O'Connor.

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