Delaware Law Weekly reported on the success of securing summary judgment after the court held that the plaintiff could not establish proximate causation as a matter of law nor could the plaintiff overcome the learned intermediary doctrine. The court also confirmed that Delaware law does not Continue Reading
Car Equipment Co. Flips Ruling Capping Asbestos Coverage
A three-judge panel of the Illinois Appellate Court’s First District reversed a trial court’s decision and ruled that thousands of asbestos personal injury actions against Hennessy Industries Inc. constitute multiple “occurrences” under the terms of its liability insurance policies, paving the way Continue Reading
“Litigator of the Week” Nomination
McCarter Chairman Mike Kelly has been nominated for “Litigator of the Week” by AmLaw’s Litigation Daily. Mike was nominated after having a banner week prevailing before the Delaware Supreme Court in Verition v. Aruba Networks, a highly anticipated case regarding appraisal actions where Continue Reading
Delaware Supreme Court Clarifies Prior Landmark Appraisal Rulings In Setting Aruba’s Fair Value Well Below Deal Price
A highly anticipated ruling issued April 16, 2019, clarifies the Delaware Supreme Court’s prior landmark appraisal rulings in DFC Global and Dell, affirming that deal price should be one of the strongest indicators of fair value in an appraisal evaluation under certain circumstances. Continue Reading
Five McCarter Attorneys Promoted to Partnership
Five McCarter attorneys, resident in four of the firm’s offices and four of its practice groups, have been elevated to partnership. The new partners, effective April 1, 2019, are Philip Amoa, a Philadelphia- and Delaware-based corporate attorney; Kevin Conoscenti, a Washington, DC-based Continue Reading
Jumio Investor Agrees to Chapter 11 Plan Bars Chancery Claims
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