News
North Carolina's Litigation Funding Ban Could Spur Other States to Similar Action
2+ day, 14+ hour ago (264+ words) With near unanimous support in both chambers of the legislature, North Carolina has become the first U. S. state to essentially ban third-party litigation funding. Other states have taken less stances by requiring disclosure of funding agreements but not instituting outright prohibitions…...
Georgia or Delaware? Appellate Court Weighs Jurisdiction Over Insurance Liquidation
2+ week, 2+ day ago (286+ words) The appellant argued that the Georgia Insurance Liquidation Act prioritizes administrative expenses, policyholders and medical providers over an insurer's creditors'if the liquidation proceeds are distributed in Delaware, that order of priority will be turned on its head. A dispute over…...
Delaware Excellence Attorney of the Year Q&A'Michael Barlow, Quinn Emmanuel
2+ week, 3+ day ago (118+ words) Excellence has always required the same things: preparation, judgment, and the ability to perform when it matters most. The lawyers who excel today are the ones who have been in c. .. Delaware Excellence Attorney of the Year Q&A'Michael Barlow, Quinn…...
Reining in Transactional Exclusions: Delaware Courts Narrow D&O Coverage Bars and Raise the Burden on Insurers
2+ week, 5+ day ago (182+ words) Recent Delaware decisions reinforce a trend that policyholders and coverage practitioners have increasingly sensed over the last several years: courts are becoming less receptive to insurer efforts to apply transaction-related exclusions beyond their text and are requiring insurers to carry…...
Shooting Outside North Carolina Courthouse Leaves Fox Rothschild Attorneys With 'Non-Life-Threatening' Wounds
1+ mon, 1+ day ago (215+ words) The Am Law 100 Rankings The suspect made her first court appearance Tuesday morning in Raleigh after being charged with two counts of attempted first-degree murder. Two Fox Rothschild attorneys are expected to recover after being transported to a hospital with…...
Delaware Supreme Court Upholds Dismissal of Challenge to Advance Notice Bylaw
1+ mon, 4+ week ago (274+ words) The appeal involved two cases, both raising the same issue: whether shareholders can challenge advance notice bylaws they say are defensive and entrenching in the Court of Chancery if those shareholders don't intend to nominate a director and haven't shown…...
Delaware Supreme Court Confirms Facial Constitutionality of Fiduciary Safe Harbors in DGCL Overhaul
1+ mon, 4+ week ago (202+ words) Delaware courts have long refused to second-guess corporate management's decision-making when it is disinterested, but applied close scrutiny when management operates in the presence of a conflict of interest. As a result, much of Delaware case law has centered around…...