Investors in a fund focused on higher education software company Jenzabar Inc., a company mired in years-old Delaware Court of Chancery battles over stock warrants dating to 2004, have filed an expanded, nine-count suit accusing the company and key officials of looting the fund and wrongly terminating their interests.
Law360
Delaware
SATURDAY, MARCH 29, 2025 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

New Del. Claims Filed In Jenzabar Stock Warrant Battle

By Jeff Montgomery

Investors in a fund focused on higher education software company Jenzabar Inc., a company mired in years-old Delaware Court of Chancery battles over stock warrants dating to 2004, have filed an expanded, nine-count suit accusing the company and key officials of looting the fund and wrongly terminating their interests.

Complaint attached | Read full article » | Save to favorites »

3rd Circ. Says Pension Law OKs Suits To Enforce Settlements

By Emily Brill

A Teamsters pension fund can go after a bankrupt dairy business's affiliates for the $39 million that the business owes the fund under the terms of a settlement, the Third Circuit ruled Thursday, saying the fund has a viable cause of action under the Multiemployer Pension Plan Amendments Act.

Opinion attached | Read full article » | Save to favorites »

Gastropub Chain Bar Louie Hits Second Chapter 11 In 5 Years

By Ben Zigterman

Texas-based gastropub chain Bar Louie filed for Chapter 11 protection in Delaware, listing nearly $70 million of debt, about five years after the chain sold itself to creditors in a previous bankruptcy.

Petition attached | Read full article » | Save to favorites »

POLICY & REGULATION

DOJ's Antitrust Unit Targeting Anticompetitive Regulations

By Matthew Perlman

The U.S. Department of Justice launched a task force on Thursday aimed at eliminating state and federal laws and regulations that are hindering competition, with an initial focus on key sectors including housing, food and transportation.

Read full article » | Save to favorites »

1st Circ. Denies Gov't Bid To Enforce Funding Freeze

By Julie Manganis

The First Circuit has declined to interfere with a Rhode Island federal judge's order that the government continue releasing federal funds while the Trump administration appeals a ruling blocking its efforts to enforce the freeze.

Opinion attached | Read full article » | Save to favorites »

PEOPLE

K&L Gates Lands Smith Katzenstein Litigator In Delaware

By Christine DeRosa

K&L Gates LLP has welcomed a veteran litigator from Smith Katzenstein & Jenkins LLP in Delaware, the firm announced Thursday.

Read full article » | Save to favorites »

EXPERT ANALYSIS

Series

Baseball Fantasy Camp Makes Me A Better Lawyer

With six baseball fantasy experiences under my belt, I've learned time and again that I didn't make the wrong career choice, but I've also learned that baseball lessons are life lessons, and I'm a better lawyer for my time at St. Louis Cardinals fantasy camp, says Scott Felder at Wiley.

Read full article » | Save to favorites »

LEGAL INDUSTRY

In Case You Missed It: Hottest Firms And Stories On Law360

For those who missed out, here's a look back at the law firms, stories and expert analyses that generated the most buzz on Law360 last week.

Read full article » | Save to favorites »

Judges Block Trump's Jenner & Block, WilmerHale Orders

By Lauren Berg, Ali Sullivan and Alison Knezevich

Jenner & Block LLP and WilmerHale both won temporary restraining orders late Friday blocking President Donald Trump's executive orders targeting the firms, with two Washington, D.C., federal judges determining the firms have shown the orders are likely retaliation for their representation of certain clients.

4 documents attached | Read full article » | Save to favorites »

Ex-Paralegal Sues Ga. Personal Injury Firm Over 658 OT Hours

By Irene Spezzamonte

An Atlanta-based personal injury law firm didn't pay a former paralegal for 658 hours of overtime, and it erroneously considered her a salaried-exempt employee, according to a lawsuit filed in Georgia federal court.

Complaint attached | Read full article » | Save to favorites »

Skadden Offers $100M In Pro Bono Work To Avoid Trump Order

By Aebra Coe

Skadden Arps Slate Meagher & Flom LLP has reached a deal with President Donald Trump to avert an impending executive order that could have prevented it from taking on work connected to the federal government and its contractors, according to an announcement by the president Friday on social media platform Truth Social.

Read full article » | Save to favorites »

Law360's Legal Lions Of The Week

By Kevin Penton

UCLA School of Law's Supreme Court Clinic and Gair Gallo Eberhard LLP head this week's list of Law360 Legal Lions, after the U.S. Supreme Court overturned a Seventh Circuit ruling that upheld the conviction of a former Chicago alderman for making false statements about loans from a defunct bank.

Read full article » | Save to favorites »

Roundup

UK Litigation Roundup: Here's What You Missed In London

By Max Austin

This past week in London has seen sparkling winemaker Nyetimber hit a rival distillery with an intellectual property claim, Newcastle United's former owner Mike Ashley target the club's ex-vice president for damages tied to a fraudulent investment, and a real estate agency file a legal claim against law firm Winston & Strawn LLP. Here, Law360 looks at these and other new claims in the U.K.

Read full article » | Save to favorites »

GC Cheat Sheet: The Hottest Corporate News Of The Week

By Sue Reisinger

As a growing number of companies and their general counsel consider moving their incorporation out of Delaware, the state's governor has quickly signed into law a measure revising its corporation statutes, though there are still critics. And 98% of legal leaders in a recent survey said their budgets are increasing in 2025 to handle the extra work stemming from new diversity risks, tech changes and cybersecurity threats.

Read full article » | Save to favorites »

Tubi Says Keller Postman Breached Deal In Arbitration Fight

By Emily Sawicki

The D.C. federal judge overseeing video streaming service Tubi Inc.'s tortious interference suit against Keller Postman LLC over mass arbitration claims ordered the parties on Friday to schedule a status conference for next month, in light of Tubi's claims that the firm violated an agreement.

Report attached | Read full article » | Save to favorites »

Promo that reads 2025 AI Survey Promo that reads Law360 UK Pulse UK Satisfaction Survey

LAW FIRMS IN TODAY'S NEWS

A&O Shearman

Arnold & Itkin

Arthur Cox

Ashfords LLP

Ashurst LLP

Barclay Damon

Bayard PA

Birketts LLP

CMS Cameron McKenna Nabarro Olswang

Clement & Murphy

Clyde & Co

Cooley LLP

Corr Cronin

Covington & Burling

DWF LLP

Dickinson Wright

Druces LLP

Eversheds Sutherland

Fisher & Phillips

Gateley PLC

Gibson Dunn

Gilbert & Tobin

Gordons LLP

Greenberg Traurig

Gutride Safier

Irell & Manella

Jenner & Block

K&L Gates

Keller Postman

Keystone Law

Kirkland & Ellis

Kline & Specter

Lankler Siffert & Wohl

Latham & Watkins

Macfarlanes LLP

Mayer Brown

Mitchell Silberberg

Morgan Lewis

Morris James

Morvillo Abramowitz

Nabarro LLP

Pallas Partners

Paul Weiss

Perkins Coie

Quinn Emanuel

Raines Feldman

Richards Layton

Robinson & Cole

Ropes & Gray

Shlansky Law Group

Shook Hardy

Shoosmiths LLP

Signature Litigation LLP

Simmons & Simmons

Skadden Arps

Smith Katzenstein

Stephenson Harwood

Sullivan & Cromwell

Sullivan Hazeltine

Sweet James LLP

TLT LLP

Wachtell Lipton

Weightmans LLP

Wiley Rein

WilmerHale

Wilson Sonsini

Winston & Strawn

gunnercooke LLP

COMPANIES IN TODAY'S NEWS

A.P. Moller-Maersk

Amicus

Antares Capital LP

Apple Inc.

Association of Corporate Counsel

Axis Bank Ltd.

BDO LLP

BL Restaurant Operations LLC

Barclays PLC

Bayer CropScience Ltd.

Borden Dairy Co.

Coupang Inc.

Digital River Inc.

EE Ltd.

Elliott Investment Management LP

FTI Consulting Inc.

Great American Insurance Co.

Intel Corp.

James Hardie Industries PLC

Jenzabar Inc.

LG Electronics Inc.

LexisNexis Legal & Professional

Major League Baseball Inc.

Mars Inc.

Mediterranean Shipping Co. SA

Monsanto Co.

National Westminster Bank PLC

Netlist Inc.

Phillips 66

RELX PLC

Ryanair Holdings PLC

Samsung Electronics Co. Ltd.

Severn Trent PLC

Sony Music Publishing LLC

St. Louis Cardinals

The AZEK Co. LLC

The Royal Bank of Scotland Group PLC

UCLA School of Law

Uber Technologies Inc.

Walt Disney Parks & Resorts Worldwide Inc.

Warner Bros. Records Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Companies House

Delaware Court of Chancery

Executive Office of the President

Federal Communications Commission

Federal Deposit Insurance Corp.

Federal Energy Regulatory Commission

Financial Crimes Enforcement Network

Financial Reporting Council

National Labor Relations Board

Patent Trial and Appeal Board

U.S. Bankruptcy Court for the District of Delaware

U.S. Court of Appeals for the First Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Justice

U.S. Department of Labor

U.S. Department of the Treasury

U.S. District Court for the District of Columbia

U.S. District Court for the Northern District of Georgia

U.S. Environmental Protection Agency

U.S. Patent and Trademark Office

U.S. Securities and Exchange Commission

U.S. Supreme Court

UK High Court

US Office of Management and Budget