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8 Oct 2010, 6:44 am by Antitrust Today
Bankruptcy Court for the District of Delaware granted Energizer permission to bid on American Safety Razor Company. [read post]
3 May 2016, 9:00 pm by Dennis Crouch
”[20]  Mylan also indicates that it will argue that Acorda’s reliance on Mylan’s future contacts in Delaware is contrary to the Supreme Court’s Walden v. [read post]
21 Mar 2012, 1:19 pm by Kevin F. Brady
While the Court has a great deal of discretion in awarding a reasonable fee, Delaware precedent dictates that in evaluating the reasonableness of an advancement request, the Court must consider the factors set forth in the Delaware Lawyers’ Rule of Professional Conduct 1.5(a), (which the Court noted are “substantively indistinguishable” from the factors enumerated by the Delaware Supreme Court in Sugarland Indus., Inc. v. [read post]
4 Nov 2022, 6:32 am
This post is based on the class action filed against the directors of Meta Platforms (formerly Facebook, Inc.), and is part of the Delaware law series; links to other posts in the series are available here. [read post]
28 May 2012, 7:58 pm by Francis Pileggi
Procedurally, prior to the instant case, the plaintiffs filed a declaratory relief action requesting the removal of Paron as a manager pursuant to Sections 18-110 and 18-111 of the Delaware LLC Act, at Title 6 of the Delaware Code. [read post]
16 Nov 2011, 10:18 pm by Matt Bodie
"  However, I think one of the very special things about the Delaware Chancery, and the once and future chancellors, is their openness to corporate law scholarship. [read post]
31 May 2012, 6:53 am by David Fox, Kirkland & Ellis LLP,
Delaware courts often take an expansive approach to decision-making, offering detailed commentary on the facts and the underlying law in many key M&A cases. [read post]
29 May 2024, 4:58 pm by Steve Bainbridge
”[13] Three months later Vice Chancellor Laster returned to the fray in Wagner v BRP Group, Inc.,[14] in which a similar contract was at issue.[15] In Wagner, the Vice Chancellor described Moelis as having adopted a two pronged test. [read post]
28 Jul 2020, 1:59 pm by Kevin LaCroix
However, we will discuss at the end of this paper whether this trend will continue in the future and a few important issues around verifying the fairness in procedure, including how the third-party valuation is prepared and discussed during the procedure. [read post]
17 May 2021, 1:03 pm by Kevin LaCroix
”[vi] Recent Delaware decisions have affirmed the very low standard for establishing a proper purpose and have permitted shareholders to proceed with Section 220 demands, even where it appears shareholders are using this inspection tool solely to pursue future litigation. [read post]
19 May 2011, 7:16 am by Broc Romanek
Delaware Rules Again on Disclosure of Competing Projections Here's news - and analysis - from Tom Bayliss of Abrams & Bayliss: Recently, the Delaware Court of Chancery issued a decision in In re Orchid Cellmark Inc. [read post]