Archive for January 2014
Louisiana Municipal Police Employee’s Retirement Sys. v. Hershey, Co.
By: Brandon Kinnard On Friday, November 8, the Delaware Court of Chancery dismissed a complaint filed by the Louisiana Municipal Police Employee’s Retirement Systems (LAMPERS) against the well-known chocolate producer Hershey Co. The Complaint accused the board of breaching its fiduciary duties by relying on West African child labor in sourcing the majority of the…
Read MoreWhy Detroit’s Good-Enough Swap Settlement should be Good Enough for the Court
By: Addison Pierce In 2005, when the world was yet to enter into the Great Recession, Detroit was already deep in financial distress.[1] On top of the population exodus and a plethora of other financial and political issues, the City of Detroit was facing massive arrears on retirement obligations.[2] The short-term solution for then Mayor…
Read MoreWhy Detroit’s Good-Enough Swap Settlement should be Good Enough for the Court
By: Addison Pierce
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