Although alleged oversight claims are not uncommon, this case was unusual because the claims were not asserted derivatively by shareholders. Given the informational advantage enjoyed by the plan administrator, it was not surprising that the court found the complaint adequately pleaded Caremark claims against the named director defendants and two of the company’s officers.
Cross-selling is vital to law firm growth. Marketing and business development leaders inside firms can help with that growth by encouraging different teams to work together, rather than sticking to their own respective practice areas.
Co-Op Board Not an Entity Amenable to Suit
At this year’s Association of Corporate Counsel Annual Meeting in Philadelphia, a panel of experienced in-house counsel walked through the high-stakes realities of internal investigations. The panel stressed that investigations are less about checking boxes and more about protecting people, reputations and companies.
With law firm leasing staying strong during the third quarter of 2025, the legal sector accounts for 10.5% of total U.S. office leasing for the first three quarters of the year, more than double the level in 2018, showing the strength of the legal leasing market, a new Savills Q3 report finds.
Representing a lender during the workout of a troubled commercial real estate loan requires an attorney to protect the client from unanticipated consequences and material miscalculations. In addition to negotiating and documenting the prospective workout agreement, an attorney must preserve the client’s rights and remedies during business-level negotiations to protect against prejudice in the event a final agreement cannot be reached and remedies must be pursued.
It’s a fundamental copyright principle that a song and a sound recording of that song each have their own copyright protection. But that protection isn’t equal.
In this article, we report on two recent decisions. One involves the calculation of landlord damage claims under Section 502 of the Bankruptcy Code, and the other involves whether environmental clean-up claims under federal and state law for commercial real estate were discharged under a confirmed Chapter 11 plan.
In a matter of first impression, the U.S. Bankruptcy Appellate Panel for the U.S. Court of Appeals for the Eighth Circuit determined that allegations of abuse constituted a personal injury tort claim, reversing a lower court’s conclusion that the allegations constituted a mental health condition.
The recent Amazon Web Services outage, which incapacitated online services across the country, highlights risks companies must manage as they increasingly depend on cloud services, lawyers say.
