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Chancery's harsh new message to defendants: 'Egregious' Section 220 fights will cost you big

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(Reuters) - Pressure has been building quietly for a couple of years among the judges of Delaware Chancery Court about defendantsâ increasingly aggressive opposition to shareholder demands for the corporate books and records they are entitled to see under Section 220 of the Delaware Corporate Code.
On Thursday, Chancellor Kathaleen McCormick erupted. ....

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Has an investor-backed FCA whistleblower, scorned by DOJ, reached the end of the road?

Has an investor-backed FCA whistleblower, scorned by DOJ, reached the end of the road?
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Duped again on biblical artifacts, Hobby Lobby sues once-renowned Oxford prof

The Museum of the Bible and its founder, Hobby Lobby president Steve Green, have weathered quite a bit of controversy since Green began buying up antiquities for the museum’s collection. ....

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Baker Donelson and the timber mogul's Ponzi scheme: a cautionary tale

(Blank Headline Received)
That’s the message of a ruling on Thursday from U.S. District Judge Carlton Reeves of Jackson, Mississippi, denying Baker, Donelson, Bearman, Caldwell & Berkowitz’s motion to dismiss claims that the law firm helped a fraudster named Lamar Adams attract investors in what turned out to be a $164.5 million Ponzi scheme.
Baker Donelson did not spend much time on traditional legal services for Adams, who is serving a 19.5-year prison sentence for orchestrating the scheme, which falsely promised investors outsized returns on timber sales to lumber mills. That work was limited, according to Reeve’s opinion, to drafting subscription agreements and some other investment documents. ....

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Chamber to SCOTUS: Corporation's 'objectively baseless suit' is not a sham

Chamber to SCOTUS: Corporation's 'objectively baseless suit' is not a sham
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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