Plaintiffs in business disputes often attempt to make a case for the imminent danger of irreparable harm (a required element for ordering expedited proceedings and for many types of equitable relief, such as entitlement to a temporary restraining order (TRO) or preliminary injunction). Courts ha
At China Law Blog, Dan Harris shared his (blunt) thoughts on the value of an American Non-Disclosure Agreement (NDA) when dealing with China:
Francis Pileggi has an article in NACD Directorship about forum selection/limitation clauses in Delaware corporate bylaws: "
The Delaware Corporate and Legal Services blog hosts a short piece explaining the business judgment rule, a critical component of corporate law.
Facebook has filed suit against a number of major law firms, including DLA Piper and Milberg LLP, that represented a party-opponent.
Judge James T. Vaughn, Jr.
Consider the persimmon. No wild fruits are so sweet and delectable as ripe persimmons after the first fall freeze, if you can beat the birds to them. But a green persimmon is not just less tasty; it is inedible. Not even a ‘possum will eat a green persimmon.
Some types of business entities (most famously, corporations) offer limited liability to their managers, owners, and officers. That is, under most circumstances such parties will have no personal liability for debts incurred (through tort or contract) by the business entity.