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Use of SCOTUS Foreign Corporation Ruling Fails in Non-Compete Suit

A Norton Rose Fulbright litigation team prevailed on appeal in a tortious-interference lawsuit where the plaintiff tried to use a recent Supreme Court of the United States decision to sue a Michigan-based defendant in Texas. In a prepared statement, Norton Rose said this was the first time a Texas court…

Does Change in PIP Law Entitle Auto Injury Victim to Future Medical Costs?

The New Jersey Supreme Court has agreed to consider whether a legislative amendment to the state’s Personal Injury Protection, or PIP, law allows an accident victim to collect benefits for postcrash medical expenses. The court will look at allegations that a trial judge applied an older version of the PIP statute,…

Delaware Supreme Court Affirms AMC Shareholder Settlement Over Stock Split

The Delaware Supreme Court has upheld AMC’s settlement with shareholders, capping litigation over a reverse stock split with a resolution that retail shareholders said wasn’t made in their interest. On Wednesday, two weeks after the case was argued before a three-justice panel, the court summarily affirmed Vice Chancellor Morgan Zurn’s approval of the settlement, issued in August after the…

SEC Fines Parent of NYSE M, Says It Failed to Immediately Disclose Hack

The U.S. Securities and Exchange Commission slapped the parent company of the New York Stock Exchange with a $10 million penalty Wednesday, saying it failed to comply with a rule requiring securities exchanges to immediately notify the agency of cyber intrusions. Receiving immediate notification is critical because of the potential…

Meet the 3 Challengers Who Unseated Georgia Judges on May 21

More than 30 challengers attempted to unseat Georgia judges in the May 21 nonpartisan primary election, but only three succeeded. In the races for Carroll County Magistrate Court, Clay County Magistrate/Probate Court and Douglas County Probate Court, voters opted to boot incumbent jurists from the bench at the conclusion of their current terms.