Search for: "CBS Corporation of Delaware"
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25 Sep 2018, 6:00 am
Pincus, C.A. 9512-CB (July 2, 2018) Corporate investigations present complicated issue surrounding what must later be produced in litigation. [read post]
4 Sep 2018, 3:35 pm
Due to the Delaware judiciary’s hostility to the disclosure-only deals that usually characterize the settlement of merger objection suits, plaintiffs’ lawyers recently have been filings these suits in federal court rather than in Delaware state court. [read post]
29 Aug 2018, 7:31 pm
The post Chancery Rejects TRO Request to Enjoin Defamatory Statements appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
21 Aug 2018, 6:00 am
No. 10477-CB (Del. [read post]
17 Aug 2018, 3:06 am
Here’s the intro from this Francis Pileggi blog: In the latest iteration of the ongoing litigation, the Delaware Court of Chancery recently provided a textbook summary of the general rule that directors have the right to unfettered access to corporate data, with three general exceptions. [read post]
3 Aug 2018, 6:10 am
Traders, Liability standards, Rule 10b-5, SEC, Section 10(b), Securities fraud, Securities regulation, Supreme Court, U.S. federal courts Review of Shareholder Activism: 1H 2018 Posted by Jim Rossman, Chris Couvelier and Kashyap Shah, Lazard, on Monday, July 30, 2018 Tags: Boards of Directors, Engagement, Europe, International governance, Mergers & acquisitions, Shareholder activism, Shareholder… [read post]
31 Jul 2018, 7:42 pm
In the case styled In re CBS Corporation Litigation, Consol. [read post]
31 Jul 2018, 6:21 am
In a short letter decision during the discovery phase of the contentious In re CBS Corporation Litigation, [1] Chancellor Andre Bouchard reinforced previous guidance from Delaware in holding that (1) directors could not access certain categories of information as to which adversity existed between the company and the stockholder that designated those directors, but (2) the designating stockholder also would not otherwise be prevented from seeing information… [read post]
17 Jul 2018, 9:22 am
In the midst of a fight between Shari and Sumner Redstone and CBS over a potential merger with Viacom, the Delaware Court of Chancery denied the Redstones access to certain likely-privileged documents. [read post]
17 Jul 2018, 6:00 am
In re CBS Corporation, C.A. [read post]
17 Jul 2018, 6:00 am
Moezinia, C.A. 10116-CB (Del. [read post]
21 Jun 2018, 8:37 pm
Notable Exclusions Under Delaware Law While Delaware law gives corporations the option to confer broad indemnification and advancement rights, those rights are not limitless. [read post]
25 May 2018, 6:10 am
In an unusual finding, the Delaware Court of Chancery held that demand was partly excused and claims for corporate waste, bad faith and unjust enrichment could proceed against CBS Corporation for compensation paid to its former Executive Chairman, Sumner Redstone, who later became Chairman Emeritus. [read post]
20 May 2018, 7:50 pm
The post Chancery Denies TRO: Prevents Minority from Limiting Rights of Controlling Redstone Family appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
18 May 2018, 6:05 am
Corporate battle. [read post]
4 May 2018, 3:33 am
But last week, the Delaware Chancery Court allowed plaintiffs to continue with their shareholder derivative claims against the board of CBS Corporation in Feuer v. [read post]
30 Apr 2018, 5:24 am
Apr. 19, 2018), the Delaware Court of Chancery considered a motion to dismiss brought in response to a derivative complaint against certain directors of CBS Corporation for excessive compensation paid to media titan, Sumner Redstone, at a time when plaintiff alleged he could no longer render meaningful services to the company. [read post]
24 Apr 2018, 5:00 am
Despite the extremely high bar for showing corporate waste, the Delaware Court of Chancery held that demand was partly excused in a shareholder action challenging compensation paid to former CBS executive chairman and controlling stockholder Sumner Redstone. [read post]
18 Feb 2018, 2:22 pm
No. 9700-CB (Del. [read post]
16 Feb 2018, 6:00 am
While certainly a unique case, the decision does provide guidance on the discretion of a Court-appointed custodian in selling a deadlocked corporation. [read post]
