The US Supreme Court definitively states where a domestic corporation resides for purposes of venue in a patent infringement case, the Delaware Supreme Court further develops the application of business judgment review in controller buyout disputes, and the SEC files charges against individuals who allegedly disclosed nonpublic information relating to Medicare reimbursement rates

by Joshua Becker 

This week’s corporate law news roundup includes discussions of the US Supreme Court’s recent decision relating to where a corporation resides for purpose of venue in patent infringement cases, as decision that may reduce the number of patent trolls; the Delaware Supreme Court’s application of business judgment review in controller buyout disputes, a decision that further strengthens the application of the management friendly standard in such cases; and the SEC’s recent charges against individuals who allegedly disclosed nonpublic information relating to government plans to cut Medicare reimbursement rates, which affected the stock prices of certain publicly traded medical providers. 

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Corporate Law Developments (February 21, 2017) Co-ownership of an airplane could affect a director’s independence; Trump’s Executive Order Could Overhaul Dodd-Frank; and Hensarling proposes changes to the Financial CHOICE Act

by  Sheri Yano

This week’s corporate law news roundup includes discussions of the Delaware Supreme Court’s finding in Sandys v. Pincus that co-ownership of an airplane could be a factor in determining a director’s independence; President Trump’s Core Principles for Regulating the United States Financial System executive order and its potential to overhaul Dodd-Frank; and the Chair of the House Financial Services Committee’s proposed changes to the Financial CHOICE Act. Continue reading