Delaware

Parties Lawyer Up in Sallie Mae Case

As litigation looms between the now-reluctant buyer of a student loan provider and the willing bride, spectators are looking to see who weighs in as lead counsel in a lawsuit to enforce the $25 billion deal—or at least obtain a promised $900 million breakup fee. In Sallie Mae’s corner, heavyweight…

Oct 9, 2007 11:04 PM CDT

Stents Help Patients’ Hearts, Lawyers’ Bottom Line

Coronary artery stents are big business—not only for the companies that make them but also for lawyers. Litigation over patent rights may be hindering development of new products and forcing small companies to sell out to bigger competitors, experts told the New York Times. “The stent business is an unusually…

Oct 4, 2007 2:07 PM CDT

In-House DuPont Lawyers Post Profit

Like many corporations, DuPont Co. spends a lot of money on its in-house law department. The department’s annual budget was about $230 million last year. However, unlike most corporations, the Wilmington, Del.-based chemical giant has been getting more than it pays for. The company’s in-house counsel brought in $290 million…

Oct 2, 2007 7:50 PM CDT

Delaware State U. on Lockdown After Shooting

Delaware State University is on lockdown after a gunman shot and wounded two students early today. Students have been directed to stay in their dorms, university spokesman Carlos Holmes told the Associated Press. “We don’t know where the shooter’s at.” One of the students suffered “potentially life-threatening” injuries, Holmes said.…

Sep 21, 2007 1:40 PM CDT

Judge Delays Private Buyouts

Two deals to sell public companies to private investors have hit a wall in the form of Delaware Judge Leo E. Strine Jr. In two recent opinions, the chancery court judge required companies to disclose more information to shareholders about provisions of buyout deals that favored company managers, the Wall…

Jul 12, 2007 5:51 PM CDT

Penn. Attorney Disbarred in Delaware

A Pennsylvania attorney has been disbarred in Delaware, even though she was never admitted to practice there and maintains a law office in Pennsylvania. That’s because Valerie J. Glover, who lives in Delaware, “did everything short of appearing in Delaware courts, and engaged Delaware attorneys as co-counsel only if she…

Jun 4, 2007 8:44 PM CDT

Parties Lawyer Up in Sallie Mae Case

Stents Help Patients’ Hearts, Lawyers’ Bottom Line

In-House DuPont Lawyers Post Profit

Delaware State U. on Lockdown After Shooting

Judge Delays Private Buyouts

Penn. Attorney Disbarred in Delaware

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