LLC Law Monitor has a story about Davis v. Winning Streak Sports, LLC, 2013 WL 1010622 (Kan. Ct. App.), which addresses and applies a Kansas statute requiring indemnification of an LLC member or manager litigating to enforce his or her rights under the Kansas LLC Act or the operating agreement.
Francis Pileggi has a very detailed analysis of the Delaware Court of Chancery's recent verdict in In Re China Agritech, Inc. Shareholder Derivative Litigation, C.A. No. 7163-VCL (Del. Ch.), which is worth reading in its entirety.
Part 1 of this series, "Introduction to Alternative Dispute Resolution," can be found here.
One form of ADR is mediation. Mediation is a process by which a third party neutral selected by the parties (called a “mediator”) assists the parties to a lawsuit with reaching a mutually agreed upon resolution.
Professor Stephen Bainbridge raises the issue of whether the use of Bitcoin and other e-currencies violates the Delaware General Corporation Law (as others have argued that it violates California's corporate statute).
Scotusblog has an analysis of PPL Corp. & Subsidiaries v. Commissioner, a recent decision of the U.S. Supreme Court. In PPL Corp., the Court held that a U.S. company that owned a large interest in a U.K. energy concern is allowed to credit against its “windfall tax” paid to the U.K. government in 1997 against its U.S. income tax. The ruling reversed the judgment of the U.S.
For with law shall our land be built up and settled, and with lawlessness wasted and spoiled.
- Njal's Saga, ch.69
When truth and fairness are different from what is law, better it is to follow truth and fairness.
- Bandamanna Saga, ch.6