This edition of the Quarterly State Compliance Review looks at some legislation of interest to corporate lawyers that went into effect between Aug. 1 and Oct. 1, including amendments to Delaware's corporation, LLC and LP laws. It also looks at some recent decisions of interest, including two from the Delaware Supreme Court.
In Kahn v. Kohlberg, Kravis, Roberts & Co., L.P., the Delaware Supreme Court's broad reading of Brophy re-establishes the right of Delaware stockholders to sue corporate fiduciaries to disgorge profits from insider trading — regardless of harm to the corporation, and regardless of the avenues provided by federal securities laws to address insider trading claims.
Amazon Surrenders on California Tax Law, Still Fights Nationally
First Circuit Reinstates Massive Downloading Award
Ninth Circuit Finds Flaw in Perfect 10's Bid for Injunction
Counterfeiting and piracy never go out of style. Approximately one year ago, ICE launched "Operation In Our Sites" (OIOS) in an effort to hit counterfeiters and pirates where they live (at least, on the Internet), namely their domains.
Legal research is an extension of online research, a professional undertaking that is quicker and more effective because of the convenience the Internet provides. Think of this movement as part of the rise of specialized research, complemented by the Web and delivered to attorneys worldwide. And yet, accessing this data depends on using the right browser; there must not be any attempt to sacrifice quality for some illusory promise. The bottom line: An excellent browser is essential for doing any kind of legal research.
Cloud storage is ideal for music. Music files are large enough to require substantial storage space, small enough to stream over relatively low bandwidth (such as a 3G wireless connection) and desirable to have available on mobile devices. Unsurprisingly, however, this business model brings with it various legal issues for the cloud storage provider.
Highlights of the latest equipment leasing news from around the country.
The Seventh Circuit recently affirmed a ruling that the purchaser of a claim based upon an executory contract that was ultimately rejected by a Chapter 11 DIP is not entitled to cure amounts as part of its allowed claim.
American Bar Association Forum on the Entertainment and Sports Industries Annual Meeting
Texas Bar 21st Annual Entertainment Law Institute
North Carolina Federal Court Dismisses Suit by Sellers Against Lawyers for Music Company Purchaser
Sixth Circuit Has Jurisdiction over Declaratory Claim for Song Authorship
