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31 Dec 2017, 5:12 pm by Wolfgang Demino
TAGS: attorneys-fees, Chase-Bank-USA-NA, debt-buyer-suit, LVNV, post-chargeoff-interest, prejudgment-interest, remittitur – posted on 11/4/17Student Loan Complaints State-by-State - CFPB Report CFPB, student-loan - Posted on 10/31/17Mortgage Loan Delinquency Tracker: CFPB's new Mortgage Performance Trends Tool Announced CFPB, mortgage-servicing – Posted on 10/30/17Quantum Non Meruit: To the Honorable Texas Supreme Court IN RE reasonable attorney fee of $48,000 per… [read post]
29 Dec 2017, 8:32 am by David Liebrader
In the meantime, investors should consider their options; If the SEC and multiple state securities regulators are correct, that the Woodbridge Group sold unregistered securities through misrepresentations, then investors may have a remedy they can pursue while the bankruptcy proceedings unfold in Delaware. [read post]
29 Dec 2017, 7:51 am by Renae Lloyd
On December 29, 2017, Life Settlement Absolute Return I LLC along with Senior LS Holdings, LLC filed petitions for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware. [read post]
28 Dec 2017, 5:37 am by Michelle Buhalo
We also keep up-to-date loaning copies of select other states' secondary materials, like Folk on the Delaware General Corporation Law, New Jersey Transaction Guide, New York Jurisprudence, and Summary of California Law. [read post]
27 Dec 2017, 11:19 am by Wolfgang Demino
Keller on behalf of STATE OF TEXAS (Keller, Scott) (Entered: 11/28/2017)11/28/201711 MOTION for Leave to File Brief of Amici Curiae by STATE OF TEXAS, STATE OF WEST VIRGINIA, STATE OF ALABAMA, STATE OF ARKANSAS, STATE OF GEORGIA, STATE OF LOUISIANA, STATE OF OKLAHOMA, STATE OF SOUTH CAROLINA (Attachments: # 1 Exhibit Proposed Brief of Texas et al., # 2 Text of Proposed Order)(Keller,… [read post]
27 Dec 2017, 11:19 am by Wolfgang Demino
Keller on behalf of STATE OF TEXAS (Keller, Scott) (Entered: 11/28/2017)11/28/201711 MOTION for Leave to File Brief of Amici Curiae by STATE OF TEXAS, STATE OF WEST VIRGINIA, STATE OF ALABAMA, STATE OF ARKANSAS, STATE OF GEORGIA, STATE OF LOUISIANA, STATE OF OKLAHOMA, STATE OF SOUTH CAROLINA (Attachments: # 1 Exhibit Proposed Brief of Texas et al., # 2 Text of Proposed Order)(Keller,… [read post]
27 Dec 2017, 10:14 am by Beth Graham
Bayer Cropscience AG, et al., Nos. 2016-1530 and 2016-1623 (March 1, 2017), a foreign corporation, Bayer, entered into a licensing agreement with Delaware-based Dow Agrosciences related to several of Bayer’s patented biotechnologies. [read post]
27 Dec 2017, 7:00 am by Kenneth J. Vanko
Next, we headed to the East Coast and defeated a preliminary injunction in the Delaware Court of Chancery, following a failed business acquisition. [read post]
26 Dec 2017, 12:46 pm by Francis Pileggi
” The core of the disclosure claim in this case was that the purpose of the Tender Offer as stated in the Offer to Purchase was not accurate–to the extent that certain officers and directors intended to sell their shares immediately in connection with the Tender Offer but that was not clearly stated. [read post]
26 Dec 2017, 5:00 am by John Jascob
The court also suggested that the documents cited in the complaint inaccurately described the Citigroup board’s actions; on this point, the court included a footnote reference to the recent Delaware Supreme Court decision regarding Duke Energy stating how to treat a plaintiff’s alleged exaggerations (“The plaintiffs unfairly describe the overall presentation, which we are not required to accept on a motion to dismiss,” said the majority in the Duke Energy… [read post]
26 Dec 2017, 3:34 am by Franklin C. McRoberts
The appeal turned primarily on Section 9.7 (b) of the operating agreement, which stated: Upon the death or disability of a Member (in the case of a Member who is an individual) . . . [read post]
22 Dec 2017, 8:43 am by Francis Pileggi
Importantly, as stated in many other Delaware decisions, “Delaware law does not charter law breakers, and a fiduciary of a Delaware corporation cannot be loyal to a Delaware corporation by knowingly causing it to seek profit by violating the law. [read post]
22 Dec 2017, 8:21 am by Francis Pileggi
The post Divided Supreme Court Applies Demand Futility Analysis appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
22 Dec 2017, 6:07 am
McDermott (McCarter & English LLP), on Friday, December 15, 2017 Tags: Delaware articles, Delaware cases, Delaware law, Holder claims, Liability standards, Reliance, Securities fraud, Securities litigation, Shareholder suits, State law Analysis of Wells Fargo Shareholder Litigation Posted by Brad S. [read post]
21 Dec 2017, 2:43 pm by Dan Carvajal
Delaware and DC conform automatically, while Hawaii and Maine would conform when they next update their conformity plan. [read post]
21 Dec 2017, 8:17 am by Wolfgang Demino
The State Court Action was filed on behalf of F&G's client, which is stated on the face of the complaint in the State Court Action to be "National Collegiate Student Loan Trust 2005-3, a Delaware Statutory Trust" (the "Trust"). [read post]
21 Dec 2017, 8:17 am by Wolfgang Demino
The State Court Action was filed on behalf of F&G's client, which is stated on the face of the complaint in the State Court Action to be "National Collegiate Student Loan Trust 2005-3, a Delaware Statutory Trust" (the "Trust"). [read post]