Search for: "Interest of V.C." Results 1 - 20 of 78
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3 Mar 2024, 9:01 pm by renholding
On February 20, the Delaware Court of Chancery refused to enjoin the conversion of a Delaware corporation, TripAdvisor, Inc. [read post]
The Palkon decision is in harmony with extensive Delaware jurisprudence applying the entire fairness standard to alleged self-interested company transactions favoring a controlling stockholder. [read post]
25 Jan 2024, 4:00 am
COURT HIT BROTHER WITH $2 MILLION JUDGMENTTwo brothers – V.C. and J.C. -- owned 50% of a corporation which held an ownership interest in a piece of property located in Long Island City.And after V.C. transferred the property to a company that he exclusively owned, J.C. filed suit seeking to recover damages and alleging “breach of fiduciary duty and conversion,” and seeking “rescission of the deed transferring the subject property. [read post]
9 May 2023, 9:01 pm by renholding
Or does the nominee intend to serve as a faithful representative of an activist stockholder or a special interest group (favoring, for example, immediate voluntary carbon reduction or the elimination of plastic packaging)? [read post]
12 Jan 2023, 4:23 pm
Discovery Letter of Request Evidence Attorney: Privilege Crime/Fraud Exception Convention on the Taking of Evidence Abroad in Civil or Commercial Matters Comity   Plaintiff Lilly Lea Perry has moved for the issuance of a letter of request to obtain the assistance of the central authority in Switzerland to facilitate discovery. [read post]
18 Jun 2021, 1:20 pm by Jim Oleske
Barrett’s concurrence in Fulton may well be the most consequential opinion of the four written, and it makes for an interesting juxtaposition with Tandon. [read post]
16 Jun 2021, 4:56 pm by John Stigi and Eugene Choi
June 7, 2021), the Delaware Court of Chancery (Slights, V.C.) provided key guidance on mergers and acquisitions (“M&A”) earnout disputes regarding contractual earnout language, the applicability of the implied covenant of good faith and fair dealing, extra-contractual discussions and promises and post-closing behavior of the acquirer. [read post]
19 Nov 2019, 2:53 pm by Jeffrey Fessler
It observed that “Plaintiffs have not alleged, much less proven, that the Occidental Board was conflicted, disloyal or in some way interested in the transactions at issue. [read post]