Search for: "Sam Glasscock, III"
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23 May 2023, 12:15 pm
Current Vice Chancellor Sam Glasscock III agrees. [read post]
17 Nov 2022, 6:30 am
” Vice Chancellor Sam Glasscock III dismissed the case for failure to plead demand futility, finding that the complaint failed to demonstrate a substantial likelihood that a majority of the directors faced liability on the merits of the plaintiff’s Caremark claim. [read post]
17 Nov 2022, 6:30 am
” Vice Chancellor Sam Glasscock III dismissed the case for failure to plead demand futility, finding that the complaint failed to demonstrate a substantial likelihood that a majority of the directors faced liability on the merits of the plaintiff’s Caremark claim. [read post]
15 Oct 2022, 6:31 am
Vice Chancellor Sam Glasscock, III agreed that plaintiffs failed adequately to plead demand futility, and therefore dismissed the complaint. [read post]
6 Jul 2022, 12:15 am
Recently, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery was called upon to interpret and apply California's dissolution/cancellation statutes. [read post]
4 Feb 2021, 6:52 am
The December 31, 2020 Decision In his December 31, 2020 Memorandum Opinion, Vice Chancellor Sam Glasscock III held that the plaintiff had failed to show that demand was excused, and therefore granted the defendants’ motion to dismiss. [read post]
16 Sep 2020, 6:00 am
KKR Financial Holdings, LLC, 125 A.3d 304 (Del. 2015), Vice Chancellor Sam Glasscock III held that, in the circumstances, that omission and the directors’ approval of the sale did not suffice to plead a breach of the directors’ fiduciary duty of loyalty. [read post]
12 Jul 2020, 6:07 pm
Chandler III, now of Wilson Sonsini Goodrich & Rosati PC, during winning arguments before the justices. [read post]
5 Jul 2020, 7:55 pm
In his consequential June 22 opinion, Vice Chancellor Sam Glasscock granted NetSuite CEO Zachary Nelson and Chairman of the Board Evan Goldberg’s motion to dismiss because the Oracle plaintiffs could not convince him that those officers knowingly damaged Oracle shareholders by secretly supporting an overvalued price collar. [read post]
18 Mar 2020, 6:00 am
While there was no controlling stockholder and the defendants contended that any board-level conflicts were appropriately addressed, Vice Chancellor Sam Glasscock III reasoned that a special committee of independent directors was not utilized ab initio in the buyout discussions, and that the disclosures to stockholders were materially incomplete. [read post]
20 Jan 2020, 3:04 pm
McElrath III v. [read post]
22 Dec 2019, 7:25 pm
Vice Chancellor Sam Glasscock III’s December 11 memorandum opinion granted Global’s motion to modify his October 31, ruling, which, he acknowledged, wrongly ordered the electronic payment processer to pay Carr’s legal bills based on his “substantial error of fact,” about the amended charges. [read post]
28 May 2019, 3:40 am
Which brings us to a noteworthy bench ruling last week by Vice Chancellor Sam Glasscock III in Dodelson v AC Holdco, Inc., C.A. [read post]
17 Aug 2018, 7:45 am
MACC Venture Partners, decided by Vice-Chancellor Sam Glasscock III, one of the five members of the Delaware Court of Chancery, discusses this issue in some detail, and I think offers a very good analysis: The road to a temporary restraining order ("TRO") is well-worn; it typically requires only that a movant show a non-frivolous claim of wrongdoing, and resulting threatened imminent irreparable harm, to trigger equity's solicitude. [read post]
12 Feb 2018, 12:20 am
A particularly good example is Vice Chancellor Sam Glasscock III’s recent Memorandum Opinion in Miller v HCP & Co., C.A. [read post]
3 Feb 2018, 9:53 am
The securities lawsuit was initially dismissed a few months ago by Vice Chancellor Sam Glasscock III, who found that most of Kreisler’s board members were independent and disinterested in the alleged side deals, and that Kahn had not provided sufficient evidence to support his allegations that the board members had breached their fiduciary duties concerning the merger with United. [read post]
31 Aug 2017, 5:00 am
Delaware Chancery Judge Sam Glasscock III on Wednesday granted Kalanick’s request while rejecting his bid to have Benchmark’s lawsuit ... [read post]
31 Oct 2016, 10:31 am
” On this same point, Laster cited Vice Chancellor Sam Glasscock III’s June 24 opinion in Williams v. [read post]
12 May 2016, 6:20 am
Echoing this view, Delaware Vice Chancellor Sam Glasscock III commented in Merion Capital v. [read post]
11 Oct 2015, 4:55 pm
More recently, as discussed here, Chancellor Vice Chancellor Sam Glasscock III reluctantly approved the settlement in the lawsuit filed in connection with Riverbed Technology’s $3.6 billion acquisition by Thoma Bravo. [read post]