fbpx
News
May 12, 2014

In the News Today – May 12, 2014

The Delaware Supreme Court ruled that corporations, “can adopt bylaws requiring an investor who sues and loses to pay the company’s legal costs, potentially upending the economics of a booming type of shareholder litigation” in which class action lawsuits are, “filed against every merger deal, sometimes by shareholders with only a few shares.” (Reuters)

U.S. Magistrate Judge Erin Setser in Fayetteville, Arkansas, on Thursday, “recommended denying Wal-Mart’s request to dismiss the lawsuit led by a Michigan pension fund” which claims that Wal Mart has been defrauding its shareholders by withholding information in regards to alleged corruption in Mexico. (Reuters)

Law360 writer Sindhu Sundar refers to the recent Garlock ruling as, “a watershed decision that attorneys say will drive solvent defendants to investigate whether asbestos victims disappointed by bleak Chapter 11 recoveries are resorting to making spurious claims against them.” (Law360 – subscription required)

Arizona skyline Blog Arizona Governor Signs Law to Prevent Over-naming in Asbestos Lawsuits Asbestos Blog West Virginia Wants to Pay Jurors More---That’s a Good Thing Asbestos, Other Issues News California Asbestos Verdict Reversed; Wrong State's Laws Were Used Asbestos News In The News-June 11, 2021 Asbestos News NYC Asbestos Suits Packed with Blameless Defendants Asbestos

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Review Settings