Catching Up With Delaware's Chancery Court

By Leslie A. Pappas

Two multimillion-dollar settlement approvals, a $25 million fee-shifting demand, and a biotech merger spoiled by murder: This was just the beginning of the drama last week in the nation's preeminent court of equity. Shareholders in satellite companies filed new cases, a cannabis company headed toward trial, and there were new developments in old disputes involving Tesla and Truth Social.

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Carvana Seeks Toss Of Chancery Suit Alleging Faulty Sales

By Jeff Montgomery

An attorney for online used-car sales giant Carvana Inc. on Monday urged Delaware's chancellor to toss or stay what he described as a derivative damages case "repackaged" from past or pending federal securities actions that "have not fared well."

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Redbox Parent Chicken Soup For The Soul Hits Ch. 11

By Yun Park

Chicken Soup for the Soul Entertainment Inc., the parent of movie rental kiosk pioneer Redbox, filed for Chapter 11 protection in Delaware bankruptcy court, saying it owes nearly $1 billion to creditors after it wasn't able to secure enough cash to purchase rights to newly released films.

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GoDaddy Shareholders Balk At Further Chancery Delay

By Leslie A. Pappas

A special litigation committee that GoDaddy Inc. created in September 2023 in response to shareholder litigation over an $850 million tax asset buyout has 30 days to convince a Delaware Chancery Court judge that it is conducting a good-faith investigation and cooperating with the suing shareholders.

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Air Taxi Startup Sued In Delaware Over Liability Shield

By Jeff Montgomery

An Archer Aviation Inc. stockholder has sued the electric air taxi startup in Delaware's Court of Chancery in a proposed class claim accusing Archer of adopting an invalid charter term shielding its officers from most damage claims despite failure of the measure to receive a supermajority vote.

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Analysis

What To Know: The High Court's Ruling On Social Media Regs

By Hannah Albarazi

Rather than settling a circuit split over state laws curbing content moderation on the largest social media platforms, the U.S. Supreme Court on Monday remanded the cases — a decision many attorneys and First Amendment experts are viewing as a win for free speech online.

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Social Media Laws Need More Analysis, Justices Say

By Ali Sullivan and Katie Buehler

The U.S. Supreme Court on Monday returned to the lower courts challenges to Florida and Texas laws prohibiting social media platforms from removing content or users based on viewpoint, saying that the Fifth and Eleventh circuits did not conduct the proper analysis on the facial First Amendment challenges to the laws.

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Clothing Maker Delta Apparel Hits Ch. 11 With Sale Plans

By Clara Geoghegan

Delta Apparel Inc., a Georgia-based clothes manufacturer, and six affiliates filed for Chapter 11 bankruptcy protection in Delaware with around $250 million in debt and plans to sell the lifestyle and clothes brand Salt Life while in bankruptcy.

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German Co. Says Burford Fight Can Be Litigated

By Caroline Simson

A company suing the German arm of law firm Hausfeld LLP for allegedly trying to circumvent a German ban on contingency fees in certain antitrust litigation is arguing that its discovery request to litigation funder Burford Capital for use in the Hausfeld litigation doesn't belong in arbitration in London.

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Brief

Apple Scores Some Patent Board Reviews In Watch IP Fight

By Andrew Karpan

Yet another front has opened in Apple's ongoing legal war with a small medical software company that claims the tech giant used its patents in a blood oxygen sensor found in the newer version of the Apple Watch.

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Opinion

Atty Well-Being Efforts Ignore Root Causes Of The Problem

The legal industry is engaged in a critical conversation about lawyers' mental health, but current attorney well-being programs primarily focus on helping lawyers cope with the stress of excessive workloads, instead of examining whether this work culture is even fundamentally compatible with lawyer well-being, says Jonathan Baum at Avenir Guild.

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Trump's NY Sentencing Pushed To Sept. After Immunity Ruling

By Frank G. Runyeon

A New York judge on Tuesday delayed Donald Trump's criminal sentencing from July 11 until Sept. 18 to give prosecutors and the former president's attorneys time to argue over whether the U.S. Supreme Court's immunity decision vacates his conviction.

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Giuliani Disbarred In New York Over Election Falsehoods

By Alex Wittenberg

A New York appellate court Tuesday barred Rudolph Giuliani from practicing law in New York, citing ample evidence that the former New York City mayor made repeated false statements about the 2020 presidential election.

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Bond-Rigging Suit Revived Over Judge's Wife's Stock Conflict

By Katryna Perera

The Second Circuit on Tuesday revived a proposed class action accusing big banks of rigging corporate bonds, ruling that the New York federal judge who previously dismissed the suit should have recused himself due to his wife's ownership of Bank of America stock.

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Ex-Bankruptcy Judge Will Be Deposed Over Atty Romance

By Ryan Boysen

The former Texas bankruptcy judge whose secret relationship with a Jackson Walker LLP attorney ignited a major judicial ethics scandal has agreed to sit for a seven-hour deposition to answer questions about the episode.

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Ex-Senior Apple Atty To Pay SEC $1.1M For Insider Trading

By Gina Kim

Apple's former director of corporate law must pay $1.1 million to securities regulators stemming from criminal insider trading charges to which he pled guilty in 2022, a New Jersey federal judge said Tuesday, finding that his "egregious" violations warrant the penalty since "his very job" was to ensure compliance with securities laws.

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Northwestern Hires 'Mediocre' Minorities Over Men, Suit Says

By Lauren Berg

Northwestern University's law school favors hiring women and minority faculty candidates with "mediocre and undistinguished records" over better-credentialed white men, a conservative group claims in a lawsuit filed Tuesday in Chicago federal court, a year after the U.S. Supreme Court struck down affirmative action in higher education admissions.

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Armstrong Teasdale Pulls Back From SLC As 7 Join Dentons

By Andrea Keckley

Armstrong Teasdale LLP told Law360 Pulse on Tuesday that it plans to redirect resources from Salt Lake City, saying it is "not the right time for us to be there" after a Dentons member firm announced the day prior that it had hired seven of Armstrong Teasdale's Utah-based litigators.

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After Fischer, Judge Releases Atty Convicted In Jan. 6 Riot

By Brandon Lowrey

A D.C. federal judge ordered the release of a Georgia attorney imprisoned for storming the U.S. Capitol on Jan. 6, 2021, saying his pending appeal would likely result in his freedom after the U.S. Supreme Court narrowed an obstruction of Congress law used to convict him and others involved in the assault.

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YSL Judge Shares Transcript Of Secret Witness Meeting

By Kelcey Caulder

The transcript of a secret meeting involving Fulton County prosecutors, a key state's witness and the judge overseeing the Young Slime Life case was released Monday, shortly after it was announced that proceedings in the case would be paused until an outside judge reviews motions for the judge's recusal.

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Pa. Clerk Named After Departures Spur 'Judicial Emergency'

By James Boyle

Dauphin County, Pennsylvania's president judge has selected an interim clerk of courts to take over the office's duties following last week's sudden resignation of the elected clerk and the Supreme Court's declaration of a judicial emergency.

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Depo Gets Dad Ousted From Sesame Place Race Bias Case

By Matthew Santoni

The father of a child who was allegedly snubbed by costumed performers at a Pennsylvania theme park has been removed from consolidated race bias litigation after plaintiffs' counsel said the father had lied during a deposition, with a Pennsylvania federal judge on Tuesday granting a bid by other families to sever their case from his.

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Dentons Says Ex-Client Can't Escape $4.7M Fee Suit In Texas

By Emily Johnson

International law firm Dentons Europe CS LLP urged a Texas federal court Tuesday to keep alive its suit accusing a Houston-area crisis response business of failing to pay more than $4.7 million in legal fees and said the correct venue was Texas, not England, as the business has argued.

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DLA Piper Tells Judge Fired Associate Got Proper Discovery

By Pete Brush

Counsel for DLA Piper LLP told a Manhattan federal judge on Tuesday the firm has provided responsive information to a former associate who claims she was unlawfully fired while pregnant, adding it is confident her termination was lawful.

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