Search for: "IAC/Interactive Corp."
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7 Jul, 2008 11:01 pm
In In re IAC/Interactive Corp., 2008 WL 2462767 (Del. Ch. Mar. 22, 2008), the Delaware Chancery Court held that management could spin the company into multiple
parts without obtaining the approval ... limitation, voting) thereof or therein" required the consent of Liberty to proceed. Liberty argued that the decision to spin off parts of
IAC was a "transaction not in the ordinary course of business" that would "impose" limitations on its "rights of ownership." Liberty contended that the third clause ...
2 Sep 4:41 pm
... and O'Brien was governed by Florida law, but the merger agreement with IAC/Interactive Corp. assumed the obligation was governed by Delaware law. Merger Two -
Arbitration Then ... achieved "[u]ntil the final judgment of the trial court withstands appellate review . . . ." IAC alleged that the applicable date was April 19, 2005 when the
period for appealing the arbitration award ... Chancery's memorandum opinion and order do not exist in this case." IAC/Interactive Works f/k/a USA Networks, Inc. v.
O'Brien ...
31 Mar, 2008 9:07 pm
In Re IAC/InterActive Corp., (Del. Ch., March 28, 2008), read opinion here. Last Friday, the Chancery Court decided "round one" in a clash of the titans. ... not
prove that Diller violated an agreement between them by pursuing a plan to break the IAC/Interactive Corp. Internet conglomerate into five parts. The court also
determined that Diller ... However, the court deferred a ruling until later, if needed, on the issue of whether IAC directors met their fiduciary duties as they had not fully
approved ...
7 Jul, 2008 11:09 pm
In Levitt Corp. v. Office Depot, Inc., 2008 WL 1724244 (Del. Ch. Apr. 18, 2008), the Delaware Chancery Court held that a company's advance notice provision did not preclude a
dissident shareholder ... 13, 2008), aff'd, 2008 WL 2031337 (Del. May 13, 2008) [See blog article] and In re IAC/Interactive Corp., 2008 WL 2462767 (Del. Ch. Mar.
22, 2008) [See blog article], the Levitt court held that an advance notice provision that purported to require shareholders to give notice 120 days before nominating ...
7 Jul, 2008 10:51 pm
... CNET's advance notice bylaw did not preclude JANA from financing and issuing its own proxy solicitation. This case, in combination with Levitt Corp. v. Office Depot, Inc.,
2008 WL 1724244 (Del. Ch. Apr. 18, 2008) [See blog article], and In re IAC/Interactive Corp., 2008 WL 2462767 (Del. Ch. Mar. 22, 2008) [See blog article], serves to
remind companies that advance notice provisions will be narrowly construed under Delaware law, particularly where the franchise ...
30 Sep, 2008 9:18 am
... equity deal back together. Judge Lamb issued an opinion refusing to allow PE firm Apollo to walk away from its $6.5 billion acquisition of Huntsman Corp. Here's the WSJ
report, from our own Peter Lattman, and here's the opinion. Here's what happened: In July 2007, ... the second case this year in which Nussbaum took the stand before Lamb to defend a
corporate contract he'd helped craft. He also testified in John Malone's suit against Barry Diller and IAC/Interactive Corp that went to trial in March.
1 May, 2007 6:20 am
The following commentary is from Dan Bromberg, a partner at Quinn Emanuel Urquhart Oliver & Hedges, Inc., which filed an amicus brief on behalf of Time Warner, Inc.,
IAC/Interactive Corp., and Viacom, Inc. in the KSR case. The views expressed below are his own and do not necessarily reflect those of either Quinn Emanuel or the
firm's clients. Although the Roberts Court was supposed to render unanimous decisions providing clear guidance, it often has failed to realize this goal. ...
2 Jul, 2007 5:15 am
... of certain amounts by Mr. Jeffries): $776,723 Black & Decker: Chairman, President and CEO Nolan Archibald: Personal use of corporate aircraft: $437,317 EBay: President and CEO
Meg Whitman: Personal use of corporate aircraft: $773,467 IAC/InterActive Corp: Chairman and CEO Barry Diller: Personal use of corporate aircraft: $517,214 J.C.
Penney: Chairman and CEO Myron E. Ullman, III: Personal use of ...
18 Sep, 2007 1:16 pm
... in this arena, Marshall, Texas-based Polaris IP LLC alleged Yahoo Inc., AOL LLC, Amazon.com Inc., Borders Group Inc., Google Inc. and IAC/Interactive Corp for
violating the patent on its automatic message interpretation and routing system. The patent produced by Polaris, is essentially a system that can analyze incoming emails of users and
decide whether it can be managed automatically or need to be send to a customer ...
31 Mar, 2008 8:20 am
* Media mogul smackdown: Barry Diller (pictured) prevails over his former mentor, John Malone, in Delaware Chancery Court. [New York Times; Wall Street Journal (subscription) via WSJ
Law Blog] * HUD Secretary Alphonso Jackson, under DOJ investigation, calls it quits. [AP] * Questions raised about 9/11 lawyer Peter Napoli, of fen-phen fame (or infamy). [New York
Times] * A round-up of Monday morning action at the Supreme Court. [SCOTUSblog] * A look back at the inception of the NSA's warrantless ...
8 Dec, 2008 11:58 pm
... ???all lawyers from Spangenberg's usual team???as well as Jonathan Suder and Michael Cooke from Fort Worth-based Friedman Suder & Cooke. Google is represented by Fenwick &
West and Quinn Emanuel. Other defendants in this lawsuit: Yahoo, AOL, and IAC/InterActive Corp. Polaris IP, LLC v. Google Inc. et al. 07-cv-371, E.D. Texas. Full
docket on Justia. Photo: "Stilbocarpa Polaris on Campbell ...
14 Aug 11:34 am
Wesley T. O'Brien v. IAC/Interactive Corp., C.A. 3892-VCP (August 14, 2009). In this decision, the Court dealt with an odd set of facts that are not likely to be
repeated. However, the opinion is noteworthy because the Court declined to bar a suit for indemnification even when the complaint had been filed more than three years after the right to
indemnification arose. The plaintiff was, in a sense, a victim of a judicial nightmare in Florida where his claim had first ...
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