Briefings

Davis Polk – June 5, 2014 The involuntary chapter 11 bankruptcy filing of American Bancorporation (“American”), commenced by a group of distressed debt investors holding American’s trust-preferred securities (“TruPS”), was upheld by the U.S. Bankruptcy Court for the District of Minnesota pursuant to an order entered on May 27, 2014. This development highlights the use

Research published by Allen & Overy todaydemonstrates surprising support for Europe’s hotly debated Unified Patent Court, with almost three-quarters (74%) of those responsible for overseeing preparations for the new system expecting it to be positive for their company – and only 15% expect it to have negative consequences for them. While on the big question

By Scott F. Llewellyn and Ryan J. Malloy In a unanimous and unequivocal opinion, the Supreme Court ruled yesterday that liability for inducement of patent infringement requires that the induced  entity itself perform every element of a claim, and thus directly infringe. Limelight Networks, Inc. v. Akamai Techs., Inc., No. 12 – 786 (June 2,

Minimizing and managing legal and other risks around the globe requires a holistic corporate compliance program that is designed to satisfy the needs of the global organization. For companies currently operating or desiring to expand internationally, there are multiple areas of compliance that should be considered for each stage of expansion efforts, as well as

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