Features
DE Supreme Court Affirms Chancery Court Application of Business Judgment Review to Control Stockholder Buyout
This article focuses on one-step control stockholder buyouts structured as a merger; Delaware courts have traditionally applied a different standard of review when the buyout is structured with two steps , a tender offer followed by a short-form merger.
Columns & Departments
Verdicts
A summary of recent important cases.
Features
Lifestyle Analysis
Attorneys frequently ask financial experts to prepare a lifestyle analysis, and often request that it be adjusted for unsubstantiated perquisites or personal expenses paid for by a closely held business owned by one of the parties.
Court Watch
Merger Clause Did Not Protect Franchisor from Claim of 'Silent Fraud' <br>Massage Therapist Gets 25 Years for Assault; Franchisor Faces Civil Claims
Features
QDRO or Buyout: Preparing Today for a Secure Tomorrow
Some 84 million Americans work for companies that maintain ERISA-covered retirement plans that are divisible by QDROs, which guarantee the non-worker spouse (the non-owner) a share of the pension. Here's what you need to know.
Columns & Departments
Decisions of Interest
Analysis of several key rulings.
Features
How Can Employers Protect Their Confidential and Proprietary Information?
This article explores the developing law related to employee social media use and its effect on the confidentiality and protectability of employers' trade secrets and other proprietary information.
Are University Football Players Employees?
In a move that has surprised many, Chicago-area NLRB Regional Director Peter Sung Ohr has determined that Northwestern University football players who receive grant-in-aid are employees of the University and an appropriate bargaining unit.
Features
The New York Uniform Commercial Code Comes of Age
Parties in large non-consumer transactions with no connection whatsoever to New York often choose its law to govern their transactions, and New York statutes permit them to do so. What most people do not know is that the New York Uniform Commercial Code is outdated.
Features
Supreme Court Rules on Standing In False Advertising Cases
Until the Supreme Court's recent decision in <i>Lexmark International v. Static Control Components</i>, Inc., courts were divided regarding the proper test to determine whether a plaintiff has standing to bring a false advertising claim under 15 U.S.C. '1125(a). The Supreme Court resolved the circuit split by rejecting the previously applied standards, and created a new, uniform "zone of interests" test.
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