In In re Towers Watson & Co. Stockholders Litigation, 2019 WL 3334521 (Del. Ch. July 25, 2019), the Delaware Court of Chancery applied the business judgment rule to dismiss a stockholder suit challenging the $18 billion merger of equals between...By: Locke Lord LLP
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Venture capital and private equity arrangements often include contractual provisions limiting the rights of investors, including drag-along provisions in connection with future transactions approved by controlling stockholders and sometimes express...By: Locke Lord LLP
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Exposure to claims for appraisal can be a significant risk in merger and acquisition transactions in which dissenter’s appraisal rights are available. This risk has increased in recent years as aggressive investors realized the opportunities...By: Locke Lord LLP
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Beginning on January 1, 2020, the California Consumer Privacy Act of 2018 (CCPA) will impose new privacy obligations on certain businesses that collect personal information of California consumers. Employers with employees in California are trying to...By: Locke Lord LLP
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On two fronts, the Human Resources department has an increasingly important role in the privacy and security of an organization’s data. On the one hand, HR collects, uses, retains, stores, and disposes of personal information related to the...By: Locke Lord LLP
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We are often asked, what industries are impacted by independent contractor misclassification? While IC misclassification claims are most prevalent in the construction, transportation, and gig economy businesses, there are few, if any, industries...By: Locke Lord LLP
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The end of the 2019 Texas legislative session, which ran until May 27, brings new challenges for employers. With the signing of HB 3703 (effective Sept. 1, 2019), Texas expanded the list of conditions for which doctors may prescribe low-THC cannabis...By: Locke Lord LLP
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On Feb. 18, 2019, the New York City Commission on Human Rights released new legal enforcement guidance stating that “grooming or appearance policies that ban, limit, or otherwise restrict natural hairstyles or hairstyles associated with Black people...By: Locke Lord LLP
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Massachusetts law permits employers to pay inside salespeople on a commission only basis, provided that the employer guarantees at least the minimum wage for all regular hours worked. However, according to a recent decision from the Massachusetts...By: Locke Lord LLP
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Recent state and federal cases continue to explore and define the reach of the Federal Arbitration Act (FAA). In Nieto v. Fresno Beverage Company, Inc. (2019) 33 Cal.App.5th 274 a California Court of Appeal upheld a trial court’s determination that...By: Locke Lord LLP
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