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28 Dec 2017, 7:16 am
Innoviva, Inc., the Delaware Court of Chancery specifically enforced a disputed oral settlement agreement in a proxy contest between Innoviva, Inc. and Sarissa Capital Management resulting in two dissident directors being seated on the Innoviva board. [read post]
28 Dec 2017, 5:37 am
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
ONE MONTH INTO THE FIGHT OVER HEART AND SOUL NOT TO MENTION CONTROL OF THE CONSUMER FINANCIAL PROTECTION BUREAU Docket entry for 12/22 injunction hearing says "oral arguments heard. [read post]
27 Dec 2017, 11:19 am
ONE MONTH INTO THE FIGHT OVER HEART AND SOUL NOT TO MENTION CONTROL OF THE CONSUMER FINANCIAL PROTECTION BUREAUDocket entry for 12/22 injunction hearing says "oral arguments heard. [read post]
27 Dec 2017, 10:48 am
§ 18-305 of the Delaware Limited liability Company Act. [read post]
27 Dec 2017, 10:14 am
., 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
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]
27 Dec 2017, 6:03 am
The Delaware Supreme Court built on its recent opinion in DFC Global Corporation v. [read post]
26 Dec 2017, 10:08 pm
Delaware Supreme Court Defines “Collusion” https://t.co/hSj62xbBps— Professor Bainbridge (@ProfBainbridge) December 27, 2017 [[ This is a content summary only. [read post]
26 Dec 2017, 12:46 pm
The post Violations of Directors’ Fiduciary Duty of Disclosure May Require Nominal Damages appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
26 Dec 2017, 5:00 am
First, the court rejected the shareholders’ request for a holistic examination of the cited red flags under Sanchez, a 2015 opinion by the Delaware Supreme Court discussing demand futility. [read post]
26 Dec 2017, 3:34 am
AGI had a comprehensive written operating agreement including a Delaware choice-of-law provision. [read post]
25 Dec 2017, 2:00 am
Washington Crosses the Delaware (1776) Washington’s army had been issued a series of defeats in 1776 by British forces and were amassed between Philadelphia and Princeton. [read post]
22 Dec 2017, 8:43 am
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, 8:26 am
The recent Delaware Supreme Court decision in Exelon Generation Acquisitions, LLC v. [read post]
22 Dec 2017, 8:21 am
The post Divided Supreme Court Applies Demand Futility Analysis appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
22 Dec 2017, 8:09 am
In its first explicit clarification of Delaware law on stockholder ratification in many years, the Delaware Supreme Court provided a virtual restatement of the prerequisites for valid stockholder ratification of director actions. [read post]
22 Dec 2017, 6:07 am
Holder Claims: Potential Causes of Action in Delaware and Beyond? [read post]
21 Dec 2017, 6:34 pm
Key Principles: The court explained that Delaware enforces shortened statute of limitations based on contracts if the period is considered reasonable. [read post]
21 Dec 2017, 5:36 pm
The post Court Upholds Oral Agreement to Expand Board appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]