On April 14, 2017 (corrected April 25, 2017), the Delaware Court of Chancery partially rejected a motion to dismiss a complaint (the “Complaint”). The Complaint was brought by the trust of founder of a venture capital company who was also a common stockholder against an investor in Series A Preferred Stock (the “Preferred”) of ODN Holding… Read more »
Posts Categorized: Corporate
New Law on Private Fund Limited Partnerships in the U.K.
On April 6, 2017, the Legislative Reform (Private Fund Limited Partnerships) Order 2017 (the “Order”) went into affect, amending the U.K. Limited Partnerships Act. The Order creates a new category of limited partnership, the private fund limited partnership (the “PFLP”). A PFLP application must include confirmation by the general partner that the “private fund conditions”… Read more »
Federal Jury in California Awards Over $8 Million to General Counsel Whistleblower
Whistleblowers may take heed of a February 2017 jury award to a General Counsel, who had been in his position for 25 years, of $3 million in back wages (which is doubled under the Dodd-Frank Act) and $5 million in punitive damages, for a total of nearly $11 million. The case pitted Sanford Wadler against Bio-Rad Laboratories Inc.,… Read more »
Trademark Name and Logo Re-Registration in the United Kingdom
Commentators are suggesting that it is not clear whether a “Brexit”, meaning a U.K. exit from the European Union as approved in the recent U.K. referendum, will have an effect on recognition of the E.U. patent and trademark regimes. E.U. countries have a dual registration regime, so that it is possible to register at the E.U. and national… Read more »