Corporations

Transnational Corporate Law Litigation: Holding American Corporations Accountable for Foreign Violations Through Fiduciary Duty Claims

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Wilmington, Delaware – Corporate law experts in the United States widely recognize the significance of Delaware’s legal compliance jurisprudence. While directors and officers have considerable leeway in making business decisions, they are not immune to being held accountable for corporate law violations. Directors and officers betray shareholders when they knowingly allow the corporation to break the law. A forthcoming paper titled “Transnational Corporate Law Litigation” in the Duke Law Journal explores how Delaware’s legal compliance jurisprudence can be utilized to deter corporate lawbreaking in foreign countries. The paper presents a blueprint that explains why violations … Read more

Judge Unanimously Upholds Landmark Ruling against Corporations for Racism and Labor Law Violations

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Philadelphia, Pennsylvania – Judge Cindy Chung, who was nominated to the Third Circuit court of appeals by President Biden, delivered a unanimous decision in a case involving the firing of an employee due to complaints of racism and other labor law violations. The National Labor Relations Board (NLRB) ruling was upheld in the February 2024 decision of Colart Americas Inc. v NLRB. The case revolves around John Hargrove, an employee of Staff Management Group Inc. (SMG), a temporary staffing agency. Hargrove was assigned to work at Colart Americas Inc.’s distribution center in New Jersey. A … Read more

Landmark Verdict: Corporations Granted $17.7 Million in Groundbreaking Egg Price-Fixing Lawsuit

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MADISON, Wis. – A jury in Madison, Wisconsin, has awarded a combined total of $17.7 million to corporations in a price-fixing lawsuit related to the egg industry. The verdict came after a trial that lasted for over a week. The lawsuit accused companies involved in the egg industry of conspiring to manipulate prices and reduce egg supplies. Specifically, it alleged that major egg producers colluded to limit production and drive up prices, leading to financial losses for businesses that purchased eggs from them. During the trial, evidence was presented showing internal emails and documents that … Read more