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19 Jan 2010, 8:38 am by Edward M. McNally
Board of Trade of the City of New York, C.A. 2822-CC ( January 19, 2010) A recent trend is to offer 2 types of consideration in connection with a merger and to permit the stockholders to pick which they prefer, such as stock or cash. [read post]
8 Dec 2009, 11:56 am by Edward M. McNally
., C.A. 4462-VCL (December 8, 2009) In this decision the Court examines when a corporate officer is entitled to have his fees advanced in defending a counterclaim against him. [read post]
22 May 2012, 10:29 am by Edward M. McNally
Crombie,  C.A. 6380-VCP (May 22, 2012) Recovering attorney fees is rare in Delaware litigation. [read post]
28 Oct 2011, 2:35 pm by Edward M. McNally
Pinkas, C.A. 5724-VCN (October 28, 2011) It is sometime claimed that the act of incorporating a Delaware corporation is enough to subject the incorporator to jurisdiction in Delaware. [read post]
6 Jan 2012, 11:17 am by Edward M. McNally
Howard-Anderson,  C.A. 58787-VCL (January 6, 2012) A class representative may not trade in the stock held by his class members based on information he learns in the litigation. [read post]
29 Feb 2012, 9:59 am by Edward M. McNally
Shareholder Litigation,  C.A. 6949-CS (February 29, 2012) This is the now-famous decision finding several breaches of fiduciary duties by the negotiators of a merger, but declining to kill the deal that would have given stockholders a large premium. [read post]
18 Jul 2012, 12:20 pm by Edward M. McNally
Walters,  C.A. 4156-VCP (July 18, 2012) In this unusual case, the Court of Chancery held individuals liable on a contract that was signed by a corporation. [read post]
23 Jul 2010, 5:15 am by Edward M. McNally
Massachusetts Mutual Life Insurance Company v Certain Underwriters At Lloyds , C.A. 4791-VCL (July 23, 2010) This decision holds that insurance in the form of an indemnity bond or a D&O policy may cover losses suffered as a result of the Madoff fraud. [read post]
16 Jun 2009, 2:54 pm
., C.A. 2471-VCS (June 16, 2009) In this rare case for the Court of Chancery, the Court determines the scope of noncompetition employment agreements. [read post]
8 Jan 2010, 8:00 am by Edward M. McNally
Heckmann Corporation, C.A. 4802-CC ( January 8, 2010) There is a dilemma over the broad rights to advancement of legal fees given the sometimes very large amounts demanded. [read post]