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8 May 2024, 7:52 am
In the states, the Delaware Supreme Court held that the presence of one conflicted committee member precluded MFW cleansing of a controller-led spinoff.Read the rest of the story and other securities news from Wolters Kluwer at VitalLaw.com. [read post]
8 May 2024, 6:28 am
The Chief Justice of Delaware’s Supreme Court has noted that business entities indirectly or directly generate about a third of the state’s revenue.[4] (more…) [read post]
8 May 2024, 6:28 am
The Chief Justice of Delaware’s Supreme Court has noted that business entities indirectly or directly generate about a third of the state’s revenue.[4] (more…) [read post]
7 May 2024, 10:01 am
It also aligns the federal-court standard within the circuit with the standard adopted by the supreme courts of two of its constituent states (Delaware and New Jersey). [read post]
7 May 2024, 4:06 am
Supreme Court. [read post]
6 May 2024, 3:00 am
The Delaware Supreme Court doesn’t appear to be seeing eye-to-eye with the Chancery Court when it comes to disclosure of advisor conflicts. [read post]
5 May 2024, 7:11 pm
The full Delaware Supreme Court recently revived part of an investor challenge to IAC/InterActive Corp’s spinoff of its internet dating subsidiary after finding that the deal that controller IAC imposed on minority shareholders did not meet the exacting standards of the high court’s seminal MFW ruling, in In re Match Group Inc. [read post]
3 May 2024, 9:02 am
One point of difficulty here is the Supreme Court’s precedent in Walden v. [read post]
3 May 2024, 6:00 am
Affirming the Court of Chancery below, the Delaware Supreme Court held that the right to sue is not a “power” within the meaning of Section 242(b)(2), and, thus, the charter amendment did not require approval by all classes of stock. [read post]
1 May 2024, 6:31 am
The company took on the challenges onf taming the disparate and unruly world of state court litigation. with the inaugural state court launch of Delaware Chancery in 2018. [read post]
1 May 2024, 3:00 am
Supreme Court, have shown deference to doctors over law enforcement in other recent cases to do with prescribing medicine, including powerful opioids. [read post]
29 Apr 2024, 7:41 pm
That does not mean that the Delaware Supreme Court could not consider it. [read post]
29 Apr 2024, 3:59 am
The “siblings” are five or so related lawsuits filed in New York State Supreme Court beginning in 2017 — the federal court lawsuit was filed some five years later — involving essentially the same parties, none of which according to the court dockets have been resolved as yet. [read post]
29 Apr 2024, 3:15 am
[…] There is a direct right of appeal from the trial courts to the Delaware Supreme Court and, in certain circumstances, appeals can be heard on an expedited basis in a matter of weeks or even days. [read post]
26 Apr 2024, 6:30 am
Supreme Court Rules on Liability for Item 303 Omissions in Shareholder Suits Posted by Julia A. [read post]
26 Apr 2024, 6:30 am
Supreme Court Rules on Liability for Item 303 Omissions in Shareholder Suits Posted by Julia A. [read post]
25 Apr 2024, 6:00 am
On appeal, the Delaware Supreme Court reversed and remanded. [read post]
25 Apr 2024, 5:00 am
Belton, heard in the Supreme Court of Delaware. [read post]
21 Apr 2024, 2:25 pm
[Defendant standing must exist at all stages of any litigation and must be raised by the justices of the Supreme Court even if the litigants themselves fail to raise it] On Thursday, April 25th the Supreme Court will hear oral argument in Trump v. [read post]
20 Apr 2024, 8:47 am
The Delaware Supreme Court reversed and remanded a decision granting summary judgment to a defendant attorney in a legal malpractice case This appeal arises from a claim of professional negligence relating to legal services that appellee Margolis Edelstein provided to... [read post]
