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

[Video] Converge19- Michael Williamson on Moving from a Rules-Based Culture to Leverage Values

CONVERGE19 is in its 4th year of bringing together the world’s leading companies for 2 days of dyna...

Read More >

Kuharchik: A Home Run for Heavy Highway Electrical Contractors’ Tax Obligations

This past summer, Cohen Seglias attorneys Roy Cohen, Ashling Ehrhardt, and Sydney Pierce obtained a ...

Read More >

Five Things to Consider When Selling Your CBD Business

For many business owners, the intended exit strategy is to sell to a competitor or a larger company,...

Read More >

Antitrust Enforcement Centers on Technology Industry

Antitrust enforcers in the United States and European Union (EU) remained active in 2019, and recent...

Read More >

President Trump Rescinds Nondisplacement of Qualified Worker Executive Order

On Halloween, President Trump issued an Executive Order rescinding one of the most notable employmen...

Read More >

New York Legislature Passes Bill Allowing Liens On Employers For Alleged Wage Claims

A bill aimed at increasing protections for employer “wage theft” by allowing an employer’s curren...

Read More >