A shareholder of former cybersecurity technology firm Jumio Inc. agreed to dismiss most of its claims in Delaware Chancery Court against the company’s founders and large stockholders for allegedly fraudulently inducing $5 million in capital investment. Continue Reading
Mike Kelly Argues Appeal for Significant Delaware Appraisal Valuation Case
On March 27, Mike Kelly argued probably the most important corporate case before Delaware Supreme Court this year, Verition vs. Aruba, a highly-anticipated case that could alter the appraisal valuation practices of Delaware-based companies in M&A transactions. Aruba was the first Continue Reading
Joe Boccassini Named to NJBIZ Power 100 List
Joe Boccassini, Managing Partner of McCarter & English, has been named to the 2019 NJBIZ Power 100, a list of leaders in the state who have driven growth and made a meaningful, positive impact on how New Jersey residents live, work and do business. Continue Reading
Alex Major Selected to Law360’s 2019 Aerospace & Defense Editorial Advisory Board
Law360 is pleased to announce the formation of its 2019 Aerospace & Defense Editorial Advisory Board. The purpose of the editorial advisory board is to get feedback on Law360's coverage and gain insight from experts in the field on how best to shape future coverage. Alexander Major is a Continue Reading
Ex-Wilmington Trust Execs Can Remain on Bail During Appeal
Lawyers representing four former Wilmington Trust Corp. executives charged with fraud, conspiracy, and securities violations threw a stick at the prosecution's spokes on the eve of trial, asking a Delaware federal judge to forbid references to a pivotal instruction for past-due loan reporting. Continue Reading
Former Wilmington Trust Executives Staying out of Prison For Now
Four former Wilmington Trust executives facing multiyear prison sentences will avoid jail time, at least until an appeals court addresses the case.US District Judge Richard G. Andrews granted the executives’ request to remain free on bail pending the appeal of their criminal bank fraud and Continue Reading
Lawyer Spotlight UPDATE: Guillermo Artiles, McCarter & English Lawyer–Lobbyist
Guillermo Artiles, partner in the Government Affairs and Intellectual Property & Information Technology Practices in McCarter’s Newark office, returns to the firm after a year of public service in New Jersey Governor Phil Murphy’s administration. Moy Ogilvie, McCarter’s Diversity and Inclusion Continue Reading
Finalist for Legal Team of the Year
McCarter’s Insurance Coverage practice was selected as one of five finalists for “Legal Team of the Year” by Business Insurance magazine for 2019. The awards recognize excellence in the commercial insurance and risk management industry. McCarter’s Insurance Coverage Group obtained Continue Reading
McCarter Team Obtained Dismissal of all Claims Against Our Client, Willis
Robert Mintz and Steven Weisman obtained a dismissal of all claims against our insurance broker client, Willis of New Jersey Inc. and Willis of Pennsylvania, Inc., in a matter in which Willis was named as a third-party defendant in a wrongful death case (Gemini Insurance Co. v. 33 East Maintenance Continue Reading
Insurer Must Face $2.75 Million Claim Over Wrongful Death Deal
A New Jersey federal court ruled that Dana Pancoast, the widow of trash-hauling company employee who was killed in a workplace accident, can seek $2.75 million of an underlying wrongful death settlement from the company’s excess insurer. Excess insurer Gemini Insurance Co. claimed that it had no Continue Reading