Tag: Legal Standards
Court Grants Motion to Dismiss Suit Based on Fairness Standard
Canoo, an electric vehicle company, went public in a de-SPAC transaction in December 2020. However, after the stock price dropped, a stockholder who chose not to redeem his stock sued the SPAC board and...
Navigating Patent Law: Trends in Decisions and Procedures
On June 17th, 2024, Island Intellectual Property LLC (“Island”) filed a Combined Petition for Rehearing and Rehearing En Banc in Island Intellectual Property LLC v. TD Ameritrade, Inc., Nos. 2023-1318, -1441. This case involves...