Search for: "In re Answers Corporation Shareholder Litigation"
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28 Oct 2019, 3:43 am
The corporation maintains the right to be repaid all sums advanced, if the individual is ultimately shown not to be entitled to indemnification” (In re Adelphia Comms. [read post]
21 Oct 2019, 12:14 am
Thus, if the shareholder-petitioner seeking judicial dissolution of a corporation is a citizen of State X, the corporation is a citizen of State Y, and a named respondent shareholder is a citizen of State Z (or any state other than X), there is complete diversity of citizenship and the federal court has subject matter jurisdiction. [read post]
3 Oct 2019, 3:00 am
We barely covered the law and many corporate lawyers would probably say the skills we learned related mostly to litigation. [read post]
12 Sep 2019, 1:02 pm
Allowing for an interlocutory appeal here would allow the Court of Appeals to answer this threshold legal question at the outset and potentially avoid the expenditure of further resources by the Court and the parties. [read post]
16 Jul 2019, 6:12 am
Analogous provisions apply if the applicant is a corporation. [read post]
18 Jun 2019, 6:42 am
Highlights of Key Aspects of the Court’s Ruling: For busy readers, I provide bullet points of key aspects of this crucial decision, but those who need to be familiar with the nuances of this aspect of Delaware corporate litigation should read the entire 49-page opinion linked above. [read post]
21 May 2019, 7:04 am
Wrong answer. [read post]
5 Apr 2019, 3:00 am
According to Vice Chancellor Laster’s recent decision in In re Pilgrim’s Pride Derivative Litigation (Del; 3/19), the answer to that question is yes – at least in certain situations. [read post]
24 Jan 2019, 2:36 pm
” Enforcement Litigation and Administrative Proceedings Just about all SEC litigation and administrative proceedings must now pause indefinitely. [read post]
30 Jul 2018, 8:45 am
Once the corporation exists, it is considered a separate legal person from its owners (the shareholders) and consequently provides the shareholders with protection from being held liable for the liabilities and obligations of the corporation. [read post]
4 Jul 2018, 12:53 pm
But that's just a personal opinion.Qualcomm hasn't filed its answer to the complaints yet. [read post]
2 Jul 2018, 3:18 am
At a non-jury trial — Can you believe, litigating all the way through trial over $21,000? [read post]
10 May 2018, 8:02 pm
Travis, the sole shareholder of The Travis Law Firm, met with William D. [read post]
30 Apr 2018, 2:29 pm
To get to that answer (and to leave the door open of such liability for corporations) the majority (and plurality) asks and answers two questions: The Court must first ask whether the law of nations imposes liability on corporations for human-rights violations committed by its employees. [read post]
23 Apr 2018, 1:20 am
”[9] Maintaining this balance is especially important because it is shareholders who “ultimately bear the burden” of meritless litigation.[10] Congress Passes the Reform Act By the 1990s, private securities litigation had gotten out of control. [read post]
10 Apr 2018, 8:28 am
The insurers argued on their motion to dismiss that the plaintiff was not covered by the FLSA because he had entered into independent contractor agreements with the insurers in the name of his corporation, Chris Ferguson Insurance Services, Inc., for whom he was the sole shareholder and president. [read post]
Rare Partnership Dissolution Decision Applies Deadlock Standard to Dissolution Under Partnership Law
22 Jan 2018, 3:44 am
The short answer is yes. [read post]
27 Nov 2017, 3:05 pm
You may think you do, but the legal answer to this question might surprise you. [read post]
13 Nov 2017, 3:24 am
” If something strikes you amiss, at least as to the provision’s first clause concerning stock valuation, you’re not alone. [read post]
9 Oct 2017, 12:00 am
In In re Medtronic Inc., Shareholder Litigation., 2016 WL 6066253 (Minn. 2017), the Supreme Court of Minnesota affirmed in part, and reversed in part Kenneth Steiner’s (“Respondent”) claims asserted in a class-action challenge to Medtronic, Inc. [read post]
