Jeff Mordock

October 01, 2014 | Delaware Business Court Insider

Cornerstone Therapeutics Inc. will pursue an interlocutory appeal to the Delaware Supreme Court asking it to review the state Court of Chancery's decision to apply the entire fairness review standard to the board's role in agreeing to accept Chiesi Farmaceutici SpA's $255 million buyout.

By Jeff Mordock

4 minute read

October 01, 2014 | Delaware Business Court Insider

A corporation with "unreasonably small capital" cannot be viewed as insolvent, the U.S. District Court for the District of Delaware ruled Tuesday in what is believed to be a case of first impression.

By Jeff Mordock

4 minute read

September 29, 2014 | Delaware Law Weekly

Gov. Jack Markell's nomination last week of Superior Court President Judge James T. Vaughn Jr. to replace retired Justice Caroyln Berger on the Delaware Supreme Court surprised some in the legal community.

By Jeff Mordock

8 minute read

September 24, 2014 | Delaware Law Weekly

In a precedential opinion, the U.S. Court of Appeals for the Third Circuit vacated a convicted drug dealer's 220-month prison term and remanded the defendant back to federal court for a likely harsher sentence.

By Jeff Mordock

4 minute read

September 24, 2014 | Delaware Law Weekly

An attorney for a convicted drug dealer told the Delaware Supreme Court last week that his client was merely a drug addict and the Superior Court violated his client's constitutional rights by barring the testimony of a police officer who could verify the defendant's addiction.

By Jeff Mordock

4 minute read

September 24, 2014 | Delaware Law Weekly

A Delaware Court of Chancery vice chancellor has affirmed a master's report concluding power of attorney for an incapacitated individual starts upon the execution of such an agreement, not when the individual becomes incapacitated.

By Jeff Mordock

4 minute read

September 24, 2014 | Delaware Business Court Insider

Tort claimants seeking damages against Caribbean Petroleum Corp. do not have priority over the company's unsecured creditors, the U.S. Court of Appeals for the Third Circuit has ruled.

By Jeff Mordock

4 minute read

September 24, 2014 | Delaware Business Court Insider

Legal analysts say regulations adopted by the U.S. Department of the Treasury and Internal Revenue Service to reduce corporate inversions will temporarily benefit Delaware, but tax reform is the only long-term solution to combat the uptick in corporations leaving the state for foreign jurisdictions.

By Jeff Mordock

6 minute read

September 24, 2014 | Delaware Business Court Insider

The Delaware Court of Chancery should have enjoined a safety products manufacturer from settling with West Virginia tort plaintiffs by transferring the company's insurance policy rights to the plaintiffs, an attorney for the insurer told the Delaware Supreme Court last week.

By Jeff Mordock

4 minute read

September 23, 2014 | Delaware Law Weekly

Gov. Jack Markell has nominated Superior Court President Judge James T. Vaughn Jr. to replace retired Justice Carolyn Berger on the Delaware Supreme Court.

By Jeff Mordock

2 minute read