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2 Jun 2023, 12:02 am
One action was filed in Virginia federal district court and two others were filed and later consolidated in the Delaware Court of Chancery. [read post]
29 May 2023, 9:01 pm by renholding
SeeCubic, Inc., 279 A3d 323 (Del. 2022), the Delaware Supreme Court settled this debate, noting that “a common law insolvency exception, if one ever existed in Delaware, did not survive the enactment of Section 271” and that, accordingly, “there is no Delaware common law ‘board only’ insolvency exception under Section 271. [read post]
25 May 2023, 11:06 am by Lana Ulrich
The Court considered Brown’s case along with similar cases from South Carolina, Virginia, and Delaware. [read post]
23 May 2023, 10:42 pm by Kurt R. Karst
Teva stands, as the Supreme Court has decided not to hear the case on appeal. [read post]
22 May 2023, 9:52 pm by Kurt R. Karst
Teva stands, as the Supreme Court has decided not to hear the case on appeal. [read post]
21 May 2023, 9:05 pm by renholding
Barnhill, the Delaware Supreme Court refused to dismiss a complaint against directors and officers for oversight failure in a food company that lead to a disastrous listeria outbreak – even though the operating company in the case was a limited partnership that was 69 percent owned by the holding company in which the plaintiffs held their shares. [read post]
21 May 2023, 1:24 pm by Francis Pileggi
The Court applied Rule 2.11 and Rule 2.11(A) of the Code of Judicial Conduct for Delaware Judges. [read post]
17 May 2023, 5:26 am by John Coyle
Supreme Court’s decision in Erie Railroad Company v. [read post]
14 May 2023, 9:01 pm by renholding
”[17] The Court pointed to language in Corwin itself, limiting its holding to post-closing damages claims, as reiterated by the Delaware Supreme Court in Morrison v. [read post]
14 May 2023, 7:07 pm
“The Committee maintained supreme access to all the company data, even data stored in the United States,” the complaint said. [read post]
10 May 2023, 4:00 am by Administrator
I wrote about Supreme Court of Canada decisions. [read post]
6 May 2023, 2:49 pm by Steve Bainbridge
Under Delaware law, an amendment to the article of incorporation requires approval by a majority of the outstanding shares. [read post]
2 May 2023, 9:08 am by Dennis Crouch
The Infringement Lawsuit: The Delaware District Court initially denied defendants’ motions to dismiss and for summary judgment of ineligibility. [read post]