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

Acquisitions of Firms in Bankruptcy Are Subject to the Antitrust Laws

The economic damage attendant to COVID-19 has already resulted in a substantial increase in bankrupt...

Read More >

Creative Legislative Solutions To Bond Off Mechanic’s Liens

Whether you are the owner or the general contractor, dealing with mechanic’s liens filed by subcont...

Read More >

HHS Issues Notice of Violation to California for its Universal Abortion Coverage Mandate

On Friday afternoon, January 24, 2020, the U.S. Department of Health and Human Services (HHS), Offic...

Read More >

Illinois Equal Pay Act Amendment Prohibits Employers from Asking About Compensation History

• A recent amendment to the Illinois Equal Pay Act generally prohibits employers inquiring about a ...

Read More >

Union’s Goal: 100,000 New Members By 2024

UNITE HERE hopes to increase its membership by one-third, to 400,000 members, by 2024, according to ...

Read More >

2020 Benefits Limits

Please see full 2020 Benefit Limit Chart below for more information....By: Clark Hill PLC

Read More >