Search for: "State of Delaware v. Shorts."
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20 Sep 2020, 7:26 pm
’s directors disloyally sold the automated vendor company too cheaply to avoid losing their seats in a looming proxy fight with an activist investor, the Delaware Chancery Court found the plaintiff fell short of showing that the board lacked independence and objectivity in Rudd v. [read post]
7 Sep 2020, 2:06 pm
In short, at least so far, the coronavirus outbreak’s litigation impact has been relatively modest. [read post]
27 Aug 2020, 1:04 pm
[3] In Delaware (and other states that follow its jurisprudence), there are a few context-specific exceptions, such as in connection with the “sale of control” of a company wh [read post]
13 Aug 2020, 4:00 am
In short, if t here is no controversy, there is no case. [read post]
13 Aug 2020, 1:55 am
In the six states where this provision already existed—Arkansas, Connecticut, Delaware, Nebraska, New York, and Pennsylvania—it is called the convenience of the employer rule, or just the convenience rule for short. [read post]
19 Jul 2020, 7:00 pm
Delaware’s High Court ruled in Murfey v. [read post]
12 Jul 2020, 6:07 pm
Class V Stockholders Litigation, case number 2018-0816, in the Court of Chancery of the State of Delaware. [read post]
22 Jun 2020, 3:35 am
The dispute in Walsh v. [read post]
17 Jun 2020, 1:12 am
Dispute resolution clauses may be short form or far more elaborate, as illustrated by the cases referred to in the Appendix. [read post]
27 May 2020, 5:19 am
The Delaware Court of Chancery recently denied another motion to dismiss a Caremark claim in Hughes v. [read post]
11 May 2020, 3:19 am
The result was a short-lived interruption in new business divorce decisions. [read post]
6 May 2020, 3:55 pm
The short-handed Court punted the case, hoping that the political process could work the case out. [read post]
2 May 2020, 7:03 pm
The Delaware Court of Chancery recently allowed the same shareholder who successfully challenged a 2015 Investors Bancorp Inc. director and officer compensation plan to pursue a new suit over a similar 2019 replacement plan adopted one month after the court approved the settlement of the first action in Elburn v. [read post]
25 Apr 2020, 7:37 am
The Delaware Chancery Court recently ruled that municipal bond powerhouse Nuveen LLC improperly used “lies” and “threats” in a successful campaign to damage the business of much smaller rival Preston Hollow Capital LLC but it declined to enjoin the alleged wrongs because Nuveen had discontinued them in Preston Hollow Capital LLC v. [read post]
15 Apr 2020, 4:04 pm
Last week, Judge Connolly in Delaware denied a 101 motion to dismiss at the pleading stage in Sound View Innovations, LLC v. [read post]
15 Apr 2020, 3:16 pm
See Marchand v. [read post]
6 Apr 2020, 12:41 am
The LLC’s Cancellation In late 2016, the Delaware Secretary of State’s office cancelled the LLC’s certificate of formation for failure to designate a new registered agent. [read post]
2 Apr 2020, 4:14 pm
In Salzberg v. [read post]
31 Mar 2020, 1:50 pm
In its Glossary for the Form PF, the SEC defines a hedge fund as one (i) where the investment adviser may be paid a performance fee based on unrealized gain, (ii) that may borrow in excess of 50% of its net asset value, or (iii) that may enter into in short sale transactions. [read post]
27 Mar 2020, 6:01 am
Emmerich, and Sabastian V. [read post]
