"I don't see that decision as having anything new," asserts Peter Lyons, a partner at law firm Shearman & Sterling LLP, in regards to Delaware Court of Chancery Judge Leo E. Strine Jr.'s recent decision in the shareholder litigation challenging the sale of El Paso Corp. to Kinder Morgan Inc. Senior writer David Marcus chats with Lyons at the Tulane University Law School Corporate Law Institute in New Orleans. - Sarah Hashim-Waris
Former Commodity Futures Trading Commission Commissioner Bart Chilton brings his saucy eloquence to DLA Piper as a senior adviser in Washington. For other updates launch today's Movers & shakers slideshow.
The activist investor and the famed auction house are headed for a courtroom showdown. Loeb wants three board seats and the ability to fire Sotheby's CEO William Ruprecht. The company responded with a $300 million dividend for shareholders and a poison pill aimed squarely at Loeb. More video