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13 Jan 2009, 1:48 am
For example, on January 12, 2009, Bloomberg reported (here) that, as a result of loans RBS acquired as part of the ABN AMRO deal, RBS is the biggest lender to bankrupt U.S. chemical maker Lyondell Chemical Co., and may face losses on its $3.47 billion of loans. [read post]
3 Aug 2008, 4:10 pm
  Duties of Outside Directors Under Delaware Law: As noted by the ever-vigilant Francis Pileggi on his Delaware and Commercial Litigation Blog (here), on July 29, 2008, the Delaware Chancery Court issued an opinion in the Ryan v Lyondell Chemical Company case (opinion here) that has important implications for the duties and potential liabilities of outside directors in the merger and acquisition context. [read post]
14 Apr 2009, 1:30 am
BANKRUPTCY COURTSOUTHERN DISTRICT OF NEW YORKBankruptcy Law Relief From Stay Granted to Extent Needed for NJ Courts' Decision on Supersedeas Bond's Viability In re: Lyondell Chemical Co. [read post]
5 Apr 2009, 3:38 pm
  Kilborn himself points to recent developments in the case of LyondellBasell, the Dutch petrochemicals giant whose American unit, Lyondell Chemicals, commenced Chapter 11 proceedings in January: According to the March 7 Economist article, “some CDS holders want to force the debtor’s European parent to default, bringing in the complications of a cross-border reorganization. [read post]
7 Feb 2011, 4:04 pm by Randall Reese
• Loehmann's Holdings, Inc. (2010)• Lyondell Chemical Company (LyondellBasell)• Mark IV Industries, Inc. [read post]
18 Jan 2010, 10:42 pm by Francis G.X. Pileggi
Analysis of Bad Faith and Breach of Duty of Loyalty Claims The Court described a methodology for analyzing allegations of bad faith within the context of a duty of loyalty claim as being recently clarified by the Delaware Supreme Court in Lyondell Chemical Co. v. [read post]
3 Apr 2007, 9:04 am
The resolution remains pending at 3M, AT&T, Bank of America, Caremark, Citigroup, Clear Channel Communications, Colgate-Palmolive, Comcast, ConocoPhillips, Corrections Corp. of America, DuPont, EMC, Entergy, ExxonMobil, FirstEnergy, General Motors, Halliburton, Lyondell Chemical, Marsh & McLennan, McGraw Hill, Medimmune, Charles Schwab, Southern, Torchmark, TXU, Union Pacific, Unisys, United Technologies, Wachovia, Wal-Mart, Wyeth, and Xcel Energy. [read post]
5 Mar 2016, 12:10 pm by Adam Levitin
Piccinin; but contrast In re Lyondell Chemical (granting only a temporary stay under section 105(a))). [read post]
7 Apr 2010, 3:44 pm by admin
Click Here Standard Hotel Pays $370,000 for Dumping Chemicals. [read post]
3 May 2010, 9:30 pm by admin
– John Fllesher, The Associated Press, April 23, 2010 A federal bankruptcy judge approved a deal with the government on Friday that requires Lyondell Chemical Co. to pay $103 million toward the cleanup of a polluted 80-mile section of the Kalamazoo River in southwest Michigan. [read post]
23 Oct 2017, 4:22 pm by Kevin LaCroix
In another notable D&O case, shareholders for Wyndham Worldwide Corporation initiated a shareholder derivative lawsuit against certain directors and officers of the company, relating to three cyber breaches that the company suffered between April 2008 and January 2010.[9] After an investigation was commenced by the Federal Trade Commission, a Wyndham shareholder issued a letter to the board of directors of Wyndham demanding that a lawsuit be commenced against the board for its… [read post]
23 Oct 2017, 4:22 pm by Kevin LaCroix
In another notable D&O case, shareholders for Wyndham Worldwide Corporation initiated a shareholder derivative lawsuit against certain directors and officers of the company, relating to three cyber breaches that the company suffered between April 2008 and January 2010.[9] After an investigation was commenced by the Federal Trade Commission, a Wyndham shareholder issued a letter to the board of directors of Wyndham demanding that a lawsuit be commenced against the board for its… [read post]
5 Jun 2013, 5:29 am by Schachtman
Sander Greenland and others have raised various theoretical objections to the argument that relative risks should exceed two before attribution can be made in specific cases. [read post]
25 Apr 2015, 11:03 am by Schachtman
The first edition of the Reference Manual on Scientific Evidence [Manual] was published in 1994, a year after the Supreme Court delivered its opinion in Daubert. [read post]