2014

Delaware Court Refused To Enjoin Sotherbys Over Poison Pill Trial

Davis polk lawfuel

May 5, 2014 On May 2, 2014, the Delaware Court of Chancery denied a preliminary injunction motion by activist stockholder Third Point LLC to enjoin Sotheby’s annual meeting based on claims that the board breached its fiduciary duties by adopting a stockholder rights plan that has a 20% trigger for passive investors who file on […]

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Law Firms – Dead Men Walking

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John Bowie A story in the New York Times earlier this year created high interest everywhere, not the least among the former crisply-suited legal colleagues of the distinguished-looking, down-on-his-luck lawyer Gregory Owens. The problem faced by Mr Owens is that one of his law firms went belly up and he had entered the world of

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Institute IPR or Not? A Question Not Immediately Reviewable by Federal Circuit

Gibsondunn

In a series of three opinions issued on April 24, 2014, the Federal Circuit has decided that decisions by the Director of the U.S. Patent & Trademark Office to institute — or not to institute — an inter partes review (“IPR”) under 35 U.S.C. § 314 are not immediately reviewable by the Federal Circuit, either through an

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Weil Gotshal Advises RPC Group on $430 Million Hong Kong Acquisiton

Weil lawfuel

International law firm Weil, Gotshal & Manges is advising FTSE 250 company RPC Group Plc, one of the world’s leading suppliers of rigid plastic packaging, in its planned acquisition of Hong Kong headquartered ACE Corporation Holdings Limited, for an initial consideration of US$301 million (£178 million) and a total consideration of up to US$430 million

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“Gravity” The Lawsuit

Gravity lawsuit

It seems that every good movie needs a good sequel and lawsuit.  In “Gravity’s” case, writer Tess Gerritsen is suing the movie’s producers, Warner Bros, claiming she is due several million dollars in profits from the successful film. Author Tess Gerritsen has sued Warner Bros. claiming the studio owes her millions in profits from the

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