Among the many important decisions a company facing a SEC investigation must make is the decision whether to publicly disclose the existence of the investigation. The decision may depend on the stage of the investigation, what is being investigated, and what is the likelihood of a bad outcome. While the weight of authority suggests that
A few months ago an attorney whose business development efforts were lagging said to me, “it’s not like they taught me this in law school.” While he was a good lawyer—and certainly wanted to make partner—he was reluctant to reach out to potential clients to develop business. Like many attorneys, he felt the natural tension
Last year we profiled the life and career of alumni Dave Sykes. As a partner at Duane Morris, Sykes spearheaded the development of the practice of bankruptcy law on a national scale. In addition to his work for the firm, he also organized the Eastern District of Pennsylvania Bankruptcy Conference, and the non-profit Consumer Bankruptcy Assistance
When the wolf is literally at your door and an unwelcome offer to buy your company arrives, what is the role of in-house counsel? That situation is playing out in real time on CNBC, trade journals and newspapers as Canadian Pacific Rail and its legendary CEO, Hunter Harrison, along with activist investor Bill Ackman of
In this country, football is as much a part of Thanksgiving as turkey and pumpkin pie. Increasingly, the tradition of lounging around watching football games while gorging on food all day is also filled with fantasy sports strategizing. No matter which teams are playing, somebody in the room has someone on their fantasy team that
In recent years, the percentage of corporate mergers and acquisitions challenged through stockholder litigation has more than doubled. In 2007, 44% of deals valued over $100 million were the subject of stockholder lawsuits; by 2014, the number was 93%.[1] Merger litigation has become both reflexive and ubiquitous; plaintiffs’ lawyers often file complaints on behalf of
Dave Sykes (LAW ‘65) was an exceptional lawyer, leader, teacher, mentor, friend, motivator and visionary. As a pioneer in the field of bankruptcy law, Sykes was highly influential in making bankruptcy practice as pervasive and respected as it is today. In addition to his work as a partner at Duane Morris, Sykes helped to organize
On Friday, May 15, Ajay Raju (TEMPLE ’92; LAW ’96), Executive Chairman and CEO of Dilworth Paxson, LLP, and Christopher Wink (CLA ’08), co-founder of Technical.ly, met for a wide-ranging conversation about technology and innovation in Philadelphia. Jonathan Lipson, the Harold E. Kohn Chair and Professor of Law at the Temple University Beasley School of Law,
On Friday, May 15, Ajay Raju (TEMPLE ’92; LAW ’96), Executive Chairman and CEO of Dilworth Paxson, LLP, and Christopher Wink (CLA ’08), co-founder of Technical.ly, met for a wide-ranging conversation about technology and innovation in Philadelphia. Jonathan Lipson, the Harold E. Kohn Chair and Professor of Law at the Temple University Beasley School of
In response to the request by Delaware’s corporate citizenry for a modern and useful arbitration statute, in April 2015, Delaware Governor Jack Markell signed into law a new and modern approach to the arbitration process: the Delaware Rapid Arbitration Act (the “DRAA”).[1] The DRAA returns arbitration to its long-lost roots: speedy, efficient and binding resolution