Holding

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

by

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

Holding the Third-Party Litigation Financing Industry Accountable: AdvaMed Urges Congressional Reform to Protect Patients and Innovation

by

Washington, D.C. – The U.S. House Oversight Committee held a hearing on September 13, 2023, to address the concerns surrounding third-party litigation financing. AdvaMed and its members have expressed significant worries about the impact of these financing practices. They argue that third-party speculators, along with the attorneys they fund, are taking advantage of the mass tort litigation system, prioritizing their own financial gain over the well-being of patients, medical device manufacturers, and the general public. By investing substantial amounts into advertising campaigns, these attorneys and financial backers can generate a large number of cases, many … Read more

Oregon Jury Awards $85 Million to Wildfire Victims, Holding Utility PacifiCorp Accountable

by

PORTLAND, Ore. – An Oregon jury has awarded $85 million to nine victims of the devastating wildfires that swept through the state in 2020. This latest verdict is part of a series of legal proceedings that place utility company PacifiCorp in the spotlight for its liability in the deadly blazes. The verdict signifies a significant step toward holding the company accountable for the damages caused. “We are so proud of the strength and resilience of our clients, and thankful to the jury for holding PacifiCorp accountable for what happened on Labor Day 2020 – something … Read more

Oregon Jury Awards $85 Million to Wildfire Victims, Holding PacifiCorp Accountable

by

PORTLAND, Ore. – A jury in Oregon has awarded a total of $85 million to nine victims of the devastating wildfires that swept through the state in 2020. This latest verdict is part of a series of legal actions that are likely to result in billions of dollars in liability for the utility company PacifiCorp. Nick Rosinia, an attorney representing the plaintiffs, expressed gratitude to the jury for holding PacifiCorp accountable for its actions. According to PacifiCorp, the company expects the post-verdict rulings and insurance payments to bring their share of the verdict to just … Read more