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TOP NEWS
JPMorgan Seeks Stay Of $20M Javice, Amar Fee Order
By Jarek Rutz
JPMorgan Chase & Co. urged the Delaware Chancery Court on Wednesday to pause enforcement of an order requiring it to advance more than $20 million in disputed legal fees to convicted Frank founder Charlie Javice and former executive Olivier Amar, arguing the bank could permanently lose the money before it gets a chance to challenge the ruling.
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POLICY & REGULATION
BANKRUPTCY COURT
THIRD CIRCUIT
DISTRICT COURT
EXPERT ANALYSIS
Del. Dispatch: More Earnout Guidance From Chancery
The Delaware Court of Chancery's recent decision in Georgia Security Solutions v. NewCBN reaffirms that a procedure resembling a traditional accountant true-up will generally be interpreted as calling for an expert determination, not an arbitration, and highlights the need for clarity in drafting earnout provisions, say attorneys at Fried Frank.
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LEGAL INDUSTRY
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