Search for: "In re Answers Corporation Shareholder Litigation"
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13 Jan 2014, 3:17 am
Seek dismissal on the merits pre-answer. [read post]
14 Oct 2020, 2:45 pm
In a few months, the four ousted directors lined up sufficient proxies to first re-elect themselves to the Board and then remove both Greed and Sidekick from the Board. [read post]
8 Jul 2015, 1:36 pm
Judge McGuire calculated it at a staggering $941.72 per hour (Order ¶35), which was triple the hourly fee the Business Court had approved in a previous class action (In re Harris Teeter Merger Litig., 2014 NCBC 44) and seven times the hourly fee awarded in another class action approval (In re Progress Energy Shareholder Litig., 2011 NCBC 44). [read post]
24 Oct 2022, 4:47 am
“ Sage is an abrupt wake-up call to closely-held business owners and controllers, and especially to the lawyers who draft their partnership, shareholder, or operating agreements that the answer may be “no. [read post]
1 Sep 2009, 3:01 am
The corporation’s recovery of disputed legal expenses is unquestionably a benefit to the corporation, but how much additional litigation expense was generated along the way? [read post]
6 May 2010, 10:19 am
For the most recent iteration of Delaware law on this topic, see here for a decision just published today, May 6, by Vice Chancellor Parsons in the case styled In Re Cox Radio Shareholders Litigation. [read post]
19 Oct 2009, 4:00 am
The first is, a minority shareholder who also does business with the corporation, and who fails to secure safeguards in the shareholders' agreement concerning the commencement of lawsuits by the corporation regarding their business dealings, cannot count on shareholder dissension issues to forestall enforcement of the corporation's commercial rights. [read post]
11 Dec 2023, 9:05 pm
As articulated in two pre-M&F Worldwide decisions (In re Cox Communications Shareholders Litigation, and In re MFW Shareholders Litigation, C.A. [read post]
28 Jul 2011, 2:59 am
What is the end game in a world where we accept "incremental change" from corporations who answer only to shareholders? [read post]
28 Jul 2011, 2:59 am
What is the end game in a world where we accept "incremental change" from corporations who answer only to shareholders? [read post]
11 Apr 2012, 1:13 am
Among the important questions that will need to be answered in connection with the current wave of failed bank litigation is the question of extent to which the non-director officers will be able to defend themselves in reliance on the business judgment rule. [read post]
25 Apr 2011, 7:21 pm
Not surprisingly, the answer is “yes. [read post]
12 Jun 2020, 6:43 am
Class V Stockholders Litigation, June 11, 2020, Laster, J.). [read post]
20 Jul 2011, 1:20 pm
Now for lawyers care needs to be taken here as while there are certainly plenty of tasks that internal clients will pay for (doing deals, litigating etc), there are some jobs where the key beneficiaries may be the shareholders who won’t have a notional budget to cross-charge. [read post]
3 Nov 2014, 3:32 am
Throw into the litigation mix the specter of under-reported taxes and it becomes positively toxic, which is the flavor I got from reading Justice Demarest’s detailed findings of fact and conclusions of law in her 24-page ruling which, ultimately, found that the controlling shareholders skimmed about $3.7 million and conditionally ordered dissolution of the corporation, contingent upon the controllers’ buy-out of the… [read post]
31 Aug 2020, 3:00 pm
-listed corporations. [read post]
15 Oct 2010, 1:04 pm
Prior rulings in this hotly contested litigation have been highlighted here. [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]
4 Dec 2008, 2:00 pm
Pritchard suggested that corporate shareholders propose a fix for what he considers flaws in the Supreme Court's Basic v. [read post]
12 Sep 2016, 3:14 am
The article uses social science and expansive notions of contractual relations in advocating for courts to give greater weight to what he calls “family values” in adjudicating corporate dissolution and other disputes among shareholder-members of the same family. [read post]
