Business Law Practice

How the Conrail Derailment Created Life-Changing Crisis Management Experience

by Jonathan Broder (LAW '83)

It was about 7 am on Friday morning, November 30, 2012, and I was taking the day off. Just as I settled down to a cup of coffee and the newspaper, my cell phone started ringing, and I immediately recognized Conrail’s Chief Risk Officer was trying to reach me. He greeted me with “four tank

Theory of the Deal: Negotiating Simulated Business Transactions

by Richard Barzaga (Expected LAW '15)

This February, Temple Law sent a team coached by Professors Ed Ellers and Jonathan Lipson to the National Transactional LawMeet Mid-Atlantic Regional Competition at Benjamin N. Cardozo Law School in New York. The Transactional LawMeet places dozens of law school teams in the role of counsel tasked with negotiating a simulated business transaction. This year,

Proposed Amendments to Delaware Appraisal Statute Attempt to Curb, not End, Appraisal Arbitrage

by Nicholas D. Mozal (LAW ’11)

When a corporation is acquired for cash in a merger, Delaware, the corporate home of many public companies, generally provides stockholders with appraisal rights. Appraisal allows dissenting stockholders who comply with the requirements set forth in Section 262 of the Delaware General Corporation Law to seek a judicial determination of the “fair value” of their

No Mouthpiece, No Privilege: Pennsylvania Superior Court Holds that the Attorney-Client Privilege Does Not Survive the Dissolution of a Business Entity

by Emily S. Miller (LAW '08)

Dissolving a business comes with a host of complicated legal issues, and the Superior Court of Pennsylvania recently added one more to the list. In Red Vision Systems, Inc. v. National Real Estate Information Services, L.P., 2015 Pa. Super. 5 (2015), the Court held for the first time that the attorney-client privilege dissolves along with

How To Be A Better Lawyer Without Practicing More Law

by Carl Niedbala (LAW '13)

Traditionally, the practice of law doesn’t scale well.  Revenue comes from billable hours, and billable hours are finite. So how does any young lawyer increase the value of those hours and become an indispensable asset to clients, colleagues, and partners alike? Increase efficiencies and build a personal brand. Here’s how: Master your niche At Founder

Series of LLCs: The Next Big Thing?

by Norman M. Powell

A “series LLC” is an LLC that has one or more “series.” A “series” is like, but not quite, a subsidiary. About a dozen states currently offer series LLCs. Most can have their own assets and liabilities. Internal liability shields provide that assets associated with a series are available only to creditors of that series,

The New Delaware One-Step: DGCL Section 251(h) Revolutionizes Delaware Merger Practice

by Christopher M. DiVirgilio, (LAW '10)

Section 251(h) of the Delaware General Corporation Law (the “DGCL”) became effective on August 1, 2013 and is quickly becoming a staple of mergers and acquisitions practice.  In certain circumstances, Section 251(h) expedites friendly acquisitions by eliminating the need for a stockholder vote on a second-step merger following consummation of a tender or exchange offer

Conversation with Murray Shusterman

by Books Schatschneider

Murray Shusterman, Senior Counsel at Fox Rothschild, LLP and Temple Law School Class of 1936, sits down with Professor Rob Bartow to talk about his enrollment in Temple Law School’s first day division class, his time as a Deputy City Solicitor of Philadelphia, and how students find their legal calling.

Forging New Paths: Ajay Raju on Innovation

by Books Schatschneider

Harold E. Kohn Chair and Professor of Law Jonathan Lipson talks with Ajay Raju (LAW ’96), Partner at Reed Smith, about professional success and innovation in legal education and practice.

The Impact of Boilermakers v. Chevron

by S. Michael Sirkin, (LAW '09)

Directors of Delaware corporations can now prohibit the corporation’s stockholders from suing them anywhere except Delaware. This is the long-awaited result of a June 25, 2013 decision in Boilermakers Local 154 Retirement Fund, et al., v. Chevron Corp., et al. , C.A. No. 7220-CS (June 25, 2013, Del. Ch.). In Boilermakers, the Delaware Court of