X
26Aug

Chancery Denies Derivative Plaintiff’s Motion to Compel Work Product Prepared by Oracle’s Special Litigation Committee

In re Oracle Corp. Derivative Litig., C.A. No. 2017-0337-SG (Del. Ch. July 9, 2020) - After investigating certain potential derivative claims arising out of Oracle Corporation’s acquisition of NetSuite, Inc., and after trying unsuccessfully to settle those claims, Oracle’s Special Litigation Committee (“SLC”) agreed that permitting a derivative plaintiff to pursue those claims was in Oracle’s best interests....
By: Morris James LLP
Source Url: https://www.jdsupra.com/legalnews/chancery-denies-derivative-plaintiff-s-12044/

Related

Financial Daily Dose 3.2.2020 | Top Story: Activist Elliott Mgmt Amasses Stake in Twitter and Takes Aim at CEO Jack Dorsey

Paul Singer and the Elliott Mgmt crew have a new target in their sights: Twitter’s founder and CEO,...

Read More >

Waterloo Bans the Box - and a Bit More

Waterloo has enacted Iowa’s first “Ban the Box” regulation and has also enacted rules as to how c...

Read More >

CCPA: What You Need To Know About California's Sweeping New Privacy Law

The California Consumer Privacy Act (the CCPA), effective January 1, 2020, defines sweeping new priv...

Read More >

DOL Proposes New Electronic Disclosure Safe Harbor Rule For Retirement Plans

In October, the Department of Labor issued proposed regulations that would allow retirement plan adm...

Read More >

Utilizing profits interests as equity incentive compensation

Given the tax advantages for grantees and flexibility provided to grantors, a profits interests prog...

Read More >

Key Takeaways from Capital Markets Series on SPACs: Unlocking a “Blank Check”

In a recent installment of the Capital Markets Series, I joined Jon Campagna, CFO of Virgin Galactic...

Read More >