Kiriaki Tourikis

The Delaware Supreme Court’s decision in Kellner, a case involving advance notice bylaws adopted in the wake of the recent universal proxy rules, provides important guidance to companies and boards in a developing area of law. Faiz Ahmad | Art Bookout | Steve Daniels | Allison Land | Joseph Larkin | Edward Micheletti | Jenness Parker | Rick West #delaware #litigation #corporategovernance #mergersandacquisitions #boardofdirectors

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To help litigants avoid the pitfalls of noncompliance to discovery obligations, Skadden attorneys provide an overview of the rules empowering courts to impose sanctions and examples of courts employing this authority to deter discovery violations. Lara Flath | Jacob Fargo | Gaby Colvin #litigation #discovery #compliance

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A group of seasoned antitrust attorneys have teamed up to launch Shinder Cantor Lerner LLP (SCL), a boutique law firm focusing on antitrust litigation and advisory services, representing clients in a variety of industries, including healthcare, financial services, media, and technology... Jeffrey Shinder Matthew Cantor Kellie Lerner #antitrust #antitrustlaw #competitionlaw #lawyerlife #lawfirms #litigation #counsel #legaladvice  

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⚖️ Greenberg Traurig has launched a new legal blog focused on the intricacies of Chapter 93A, the Massachusetts Consumer Protection Act. The firm’s Massachusetts Chapter 93A Insights explores Chapter 93A, discussing the legal landscape of consumer rights and business responsibilities, and provides valuable insights and information to help understand and navigate this area of law and its impact on businesses. The blog will be edited by Litigation Shareholder David Thomas and Litigation Associate Angela Bunnell. 💻 Read more in our press release: https://buff.ly/3TkhZD1. #GTNews #GTBlogs #MassachusettsLaw #ConsumerProtection #GTBoston

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Lex Machina, a LexisNexis company, recently released additional state courts to its platform and now provides Legal Analytics for Suffolk County Supreme Court and Westchester County Supreme Court (the “New York Courts”) and Oklahoma County District Court (the “Oklahoma Court”). With the addition of these courts, Lex Machina reached a momentous milestone of expanding its enhanced coverage of state courts to 100 courts. With these new enhanced courts, Lex Machina now provides enhanced Legal Analytics coverage of 62% of the population of New York and 59% of the population of Oklahoma. “We know how important it is for the legal community to be able to gain insights into specific state courts, given the bulk of litigation that takes place in those state court venues,” said Chuan Qin, product manager at Lex Machina and lead on the New York and Oklahoma state court modules. “That’s why we’re especially proud that our ever-expanding enhanced coverage of state courts has reached a milestone of one hundred courts. Adding these enhanced state courts in New York and Oklahoma brings our coverage to the majority of the population in each state, and it provides our customers with crucial insights in these venues.” https://lnkd.in/dUbK-iYX #legaltechtalk #legaltech #legal #productlaunch #law

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Appellate attorney Chris Edwards shares his takeaways from the 2024 AJEI Summit in Boston. From state litigation to digital transformation in legal practices, get a sneak peek into the future of appellate law. https://lnkd.in/eDY8y3rc #AJEISummit2024 #AppellateLaw #JudicialWellness #LegalInnovation #DiversityInLaw #EBriefing #JudicialIntegrity #LegalWriting #CivilRightsAct #LegalCommunity #Appeals #AppellateCourt #Courts #Justice #LegalSystem

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Law360, Bloomberg Law, and New York Law Journal spotlight Lowenstein Sandler’s dynamic growth as the firm welcomes new partners Jason Gould and Courtney Posner, enhancing Lowenstein’s White Collar Defense and Investment Management capabilities. Read the Law360 article: https://bit.ly/4cSalq7 #lawfirms #lawyers #leadership #investmentmanagement #whitecollar

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Stephen Breidenbach, Co-Chair of the firm’s Cybersecurity, Privacy and Technology Practice Group, will be a panelist on artificial intelligence and the law for the New York State Bar Association Commercial & Federal Litigation Section's Annual Meeting on May 18 in Saratoga Springs.  The expert panel will provide an update on the generative AI-based tools designed for litigation and an analysis of the risks and rewards of using them. View here for complete details and registration: https://lnkd.in/e2GCi4uT #artificialintelligence #ai #litigation #continuinglegaleducation

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The Delaware Court of Chancery issued an important victory to HSW in the firm’s ongoing action against BuzzFeed, striking down the media company’s second attempt to prevent a group of former employees from arbitrating their claims stemming from its initial public offering. Partners Joseph Gallagher, Yonaton Aronoff and Jonathan Harris represent more than 40 former BuzzFeed employees who allege they were wrongfully locked out of selling their shares (causing them to suffer millions of dollars in losses) after the company went public via a SPAC transaction in late 2021. HSW brought the former employees’ claims in arbitration and BuzzFeed Inc. (NASDAQ: BZFD) filed suit in Delaware court to stop the arbitration. This latest gambit by BuzzFeed was its second attempt to force HSW’s clients to sue in Delaware. But the Chancery Court rejected BuzzFeed’s arguments, agreeing with HSW that only an arbitrator can decide where the suit belongs. A similar group of former BuzzFeed employees are represented by The Galbraith Law Firm and O'Brien LLP, and both groups are represented jointly by Bailey & Glasser, LLP in Delaware #Arbitration #IPO #SPAC

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Law360 has reported on the Delaware Court of Chancery suit filed by Olshan Frome Wolosky LLP client Martin Siegel, a shareholder of global utility and power company The AES Corp., against eleven of the company’s current and former board members, alleging that the company has "weaponized" advance notice requirements in its bylaws to make it “unreasonably difficult, if not impossible,” for stockholders to nominate candidates for the company’s board. Among the amendments the company made in August 2023 to its bylaws, provisions include an “acting in concert” definition that requires any stockholder who nominates a slate of directors to identify a broad assortment of people in order to make the nomination valid and requiring a nominating stockholder to disclose commercially sensitive performance-related fees it could pay if the value of its company stock appreciates. According to the filing, AES Corp. has stated publicly that it amended its bylaws to address the SEC’s universal proxy card rule that went into effect September 2022, which was intended to make it easier for shareholders to nominate alternative director candidates to company boards but has often resulted in companies adopting onerous advance notice requirements that disenfranchise shareholders. The plaintiff’s motion to expedite asserts that if the Chancery Court does not declare the bylaw provisions invalid before the November 26 deadline to nominate directors for the company’s 2025 stockholders’ meeting, the stockholders' franchise rights will be violated and stockholders will be “permanently harmed.” Olshan Chair of Litigation Lori Marks-Esterman and counsel Jacqueline Ma represent the plaintiff in this matter. #OlshanLaw #Delaware #ChanceryCourt https://lnkd.in/exyWgvr7

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On June 13, #GTNewJersey Shareholder Barry Schindler will speak on the New Jersey State Bar Association panel discussion titled, "AI Hypothetical-A Live Tabletop for Civil Judges and Lawyers." The speakers will offer insights and predictions about how AI could transform the landscape of civil litigation and dispute resolution and discuss how AI technologies can give rise to civil legal claims, as well as how attorneys may use AI in trial preparation. 🔗 More info here: https://buff.ly/4aVsC4O #GTNews #AI #ArtificialIntelligence #TrialPreparation

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Join Lowenstein partners Amy Mushahwar and Mary Hildebrand, CIPP/US/E for an ACC New York City - Association of Corporate Counsel webinar on June 18 during which they will address cutting-edge topics including the latest in US, EU, UK, and global data privacy/cyber laws, trends in data breaches and ransomware, updates to SEC notices and regulations, and the complexities of AI in cybersecurity. For more information and to register, please visit: https://bit.ly/4bzqlO9 #techlaw #dataprotection #lawyers #cybersecurity #privacylaw

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Herrick's Restructuring & Finance Litigation co-chair, Sean O'Donnell, spoke with The Wall Street Journal - Pro Bankruptcy about a recent ruling by the Second Circuit which affirmed the dismissal of all claims in In re: Boston Generating, LLC—a matter that has been litigated for over a decade involving fraudulent conveyance claims arising from a $2 billion leveraged recapitalization. In so doing, the Second Circuit ruled that the Bankruptcy Code’s safe harbor provision for securities contracts payments, 11 U.S.C. § 546(e), applied to the leveraged buyout and pre-empted the plaintiff-appellant-trustee’s state-law fraudulent conveyance claims, which attempted to claw back approximately $708 million from the defendants-appellees. Herrick represented the largest ad hoc group of defendants-appellees in this matter. Read more here: https://lnkd.in/exHT3VVa. #HerrickDoesThat #Restructuring #Litigation

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👉Osano's article, What Makes Maryland's Consumer Data Privacy Law Different is one of the featured articles in the @JDSupra Corporate Law Report this week. Kudos to @Matt Davis for this overview of the unique aspects of Maryland's new law. If you do business in Maryland, you'll want to read it: https://pvcy.me/4btb1S1 #Maryland #DataPrivacy #PrivacyLaw

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🚨 Attention New York business owners! 🚨 Although there were initial plans for a public database of ownership information, recent amendments to the NY Limited Liability Company Transparency Act (NY LLCTA) align the legislation with federal privacy standards, limiting access to government agencies only. Make sure you understand these new regulations to avoid hefty fines and compliance issues! Discover more about the amendments to the NY LLCTA through the link below and be sure to follow us all week for more legal insights for entrepreneurs and business owners. Learn more: https://bit.ly/3WjMMll #business #law #businessowner #newyork #legalupdate #RLBusiness

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#Newark Partner Alex Raybould, Associate Liz Driscoll, and Partner Malinda Miller recently secured the dismissal of several companies from a slip-and-fall case through a multi-pronged #litigation plan. This new #ClientAlert conducts a deep dive into how the team obtained this favorable result and illuminates some key takeaways from their experience, including the important role corporate counsel play in developing a litigation strategy. Read the full alert on our website. #DefenseAttorneys #GeneralLiability #LegalProfession

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Bankruptcy & Corporate Restructuring Chair Joseph Schwartz was recently quoted in the New Jersey Law Journal’s article titled “Kirkland Is Increasingly Turning to NJ for Huge Chapter 11 Bankruptcies. Will Other Big Law Follow?” Among other things, Joe highlighted Kirkland & Ellis's growing preference for filing certain large chapter 11 cases in New Jersey's bankruptcy court, emphasizing New Jersey’s significance as a venue for filing complex Chapter 11 cases. He commented that, while Kirkland's move indicates the New Jersey venue for large chapter 11 bankruptcy cases has become very active, “I would have expected there would have been more larger cases filed in New Jersey that would have followed Kirkland’s lead.” He indicated that he hopes that more law firms will recognize the potential benefits of filing large-scale chapter 11 cases in New Jersey, leading to a further increase in business for New Jersey firms. Joe also emphasized the importance of out-of-state lawyers retaining New Jersey co-counsel, saying, “If there’s any size or complexity to their position, they want someone in New Jersey who knows the local procedure, who knows the judge. You always want to have knowledge of the local process and, as a result, if cases are filed in New Jersey, or any other jurisdiction, it’s going to result in work for local practitioners.” Finally, in response to a question about whether New Jersey firms are expanding their bankruptcy departments, Joe noted that “firms have to be cautious because you want to make sure that activity increases.” #RikerDanzigConnections #RikerDanzigBankruptcyLaw https://lnkd.in/ePgWuK_y

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