Shareholders, Motion for Summary Judgment

Plaintiff’s Allegations and Records Show Its Claim Was Time Barred

Freiberger Haber LLP on 8/19/2025

In Southgate Owners Corp. v. Esposito, 2025 N.Y. Slip Op. 32750(U) (Sup. Ct., N.Y. County July 24, 2025) (here), plaintiff sued defendant, a shareholder in its cooperative building, seeking a declaratory judgment that 80...more

Chancery Finds that Buyer Breached Purchase Agreement by Denying Sellers’ Rights to Participate in a Defense

Morris James LLP on 9/26/2023

LPPAS Representative, LLC v. ATH Holding Co. LLC, C.A. 2020-0241-KSJM / Shareholder Representative Services LLC v. ATH Holding Co. LLC, C.A. No. 2020-0443-KSJM (Del. Ch. May 2, 2023) - Delaware law recognizes parties’...more

California Court Finds California Board Diversity Law Unconstitutional

Fenwick & West LLP on 4/5/2022

On April 1, 2022, the Superior Court of California, County of Los Angeles granted the plaintiffs’ motion for summary judgment in a case challenging the legality of AB 979 under the California Constitution...more

U.S. District Court for the Eastern District of Virginia Finds Bump-Up Exclusion Does Not Preclude Coverage for Underlying...

White and Williams LLP on 10/12/2021

In Towers Watson & Co v. National Union Fire Insurance Company, 2021 U.S. Dist. LEXIS 192480 (E.D. Va. Oct. 5, 2021), the U.S. District Court for the Eastern District of Virginia recently held that the settlements reached in...more

Chris Lazarini Examines Standards for Proving Breach of Fiduciary Duty

Bass, Berry & Sims PLC on 11/12/2019

Bass, Berry & Sims attorney Chris Lazarini examined a case in which a group of shareholders alleged the company and two individual defendants breached their fiduciary duties to shareholders, and an investment bank aided and...more

Seventh Circuit Affirms District Court on Remand in Jones v. Harris Associates

K&L Gates LLP on 8/24/2015

In Jones v. Harris Associates L.P., the Supreme Court adopted the Gartenberg standard for cases brought under Section 36(b) of the Investment Company Act of 1940: “[T]o face liability... an investment adviser must charge a...more