The Superior Court recently ruled that a plaintiff in a legal malpractice action seeking recovery for damages resulting from his loss of corporate stock may introduce at trial expert testimony concerning the valuation of that...more
On October 7, 2019, Goulston & Storrs obtained a stay of a putative class action filed in California state court against clients Sogou Inc. (Sogou) and Sohu.com (Sohu). Sogou’s Sogou Search is the second largest search...more
10/18/2019
/ Act or Omission ,
China ,
Initial Public Offering (IPO) ,
Misrepresentation ,
Motion To Stay ,
Omissions ,
Putative Class Actions ,
Search Engines ,
Section 11 ,
Securities Violations ,
Stays
In Sheppard Mullin Richter & Hampton, LLP v. J-M Manufacturing Company, Inc., No. S232946, August 30, 2018, the California Supreme Court found that Sheppard Mullin’s failure to disclose a known conflict with another current...more
9/11/2018
/ Appeals ,
CA Supreme Court ,
Conflicts of Interest ,
Ethical Standards ,
Failure To Disclose ,
Forfeiture ,
Legal Fees ,
Legal Representatives ,
Manufacturers ,
Professional Liability ,
Public Utility ,
Qui Tam ,
Unenforceable Contract Terms ,
Waivers
Although the legal community eagerly awaits the California Supreme Court’s decision on advance waivers in Sheppard, Mullin, Richter & Hampton v. J-M Mfg. (Cal. No. S232946), a recent decision in the Bankruptcy Court for the...more
In Jones, Foster, Johnston & Stubbs, P.A. v. Prosight-Syndicate 1110 at Lloyd’s, United States No. 15-12399, 2017 WL 586450 (11th Cir., February 14, 2017) the insured law firm sought to recover legal fees and costs incurred...more
3/24/2017
/ Attorney's Fees ,
Breach of Contract ,
Contempt ,
Covenant of Good Faith and Fair Dealing ,
Declaratory Judgments ,
Defamation ,
Denial of Insurance Coverage ,
Insurance Industry ,
Insurance Litigation ,
Policy Terms ,
Professional Liability Insurance ,
Sanctions
In In re Appraisal of Ancestry.com, Inc., C.A. No. 8173-VCG (Del. Ch. 2015), the Delaware Court of Chancery held in connection with an appraisal proceeding brought by a dissenting shareholder that the best indication of the...more
10/21/2015
/ Ancestry.com ,
Appraisal ,
Banking Sector ,
Breach of Duty ,
Fair Market Value ,
Financial Institutions ,
Good Faith ,
Investment Banks ,
Merger Agreements ,
Proxy Statements ,
Revlon Standard ,
Share Price ,
Shareholder Litigation ,
Shareholders