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Delaware Chancery Dismisses Preferred‑Stock Deal Challenge

Delaware Chancery Dismisses Preferred‑Stock Deal Challenge Roofers Local 149 Pension Fund v. Fidelity National Financial — Delaware Chancery Court (Opinion May 31 2025) Vice Chancellor Will tossed an entire‑fairness challenge to Fidelity National’s $250 million preferred‑stock financing, finding the complaint lacked facts showing price or process unfairness even under
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High Court Nixes Mexico’s $10 Billion Gun Suit

Wildfire Insurance Dispute: Malibu Homeowners Sue USAA and AAA Smith & Wesson Brands v. Estados Unidos Mexicanos In a rare 9‑0 opinion, the U.S. Supreme Court on June 5 slammed the courthouse door on foreign attempts to sue U.S. gun makers for cartel violence south of the border. Key
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NY Court of Appeals Closes Door on Foreign Derivative Claims

NY Court of Appeals Closes Door on Foreign Derivative Claims Barclays & Bayer Derivative Litigation — New York Court of Appeals (Decision May 27 2025) New York’s highest court affirmed dismissals of shareholder‑derivative suits against Barclays PLC and Bayer AG, holding that the internal‑affairs doctrine bars such actions unless plaintiffs have standing under the
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