Issue of July 23rd, 2008

Outside Litigation Counsel Has Advancement Rights

The Court of Chancery decided an issue of first impression last month when it ruled that outside litigation counsel is entitled to advancement as the agent of a company.    More


New Chief Bankruptcy Judge Could Face Boom in Filings

Kevin J. Carey is the new chief judge for the U.S. Bankruptcy Court for the District of Delaware, and the signs are there that he could be the next chief judge to preside over a bankruptcy boom.    More


PHLX Settlement Faces One More Bump in Contentious Road

Just when attorneys for class members suing the Philadelphia Stock Exchange thought their hard-fought battle was over after a Delaware judge approved their allocation plan for the $99 million settlement, objector class members have appealed once again.    More



NEWS IN BRIEF:
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Editor:
John F. Manser
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