Search for: "Wayport, Inc."
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24 Jul 7:47 am
Latesco, L.P. v. Wayport, Inc., C.A. 4167-VCL (July 24, 2009). The question sometimes arises over what are the disclosure duties of the buyer under a stockholder agreement
that compels a stockholder to sell her stock upon some triggering event, such as retirement. This decision clarifies the rules that apply. In general, when the sale is strictly pursuant
to the stockholder agreement, then that agreement determines if any disclosure is required. However, it is not ...
14 Apr, 2008 7:55 am
... . v. T-Mobile USA, Inc., (2007-1265), April 11, 2008 (link) A CIP patent asserted by PowerOasis was challenged in the district court over prior art that ... second
application in a continuation-in-part (MPEP §201.08). According to the CAFC, "[s]ince the PTO did not make a determination regarding priority, there is no finding ... enough; the
subject matter must be disclosed to establish possession." AFFIRMED PowerOasis v. Wayport, Inc., (2007-1369), April 11, 2008 - in a related case, the CAFC vacated ...
28 Jul 2:05 pm
Latesco, L.P. v. Wayport, Inc., Del. Ch., No. 4167-VCL (July 24, 2009), read opinion here. Background This 26-page Chancery Court opinion involves the efforts of a
shareholder to monetize a part of his illiquid, minority interest in a private company he co-founded, but in which he was no longer an insider. His sales of stock were governed by an
agreement to give the corporation and certain insiders the right of first refusal. In a second transaction, however, the ...
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