November 07, 2014 | Delaware Law Weekly
Del. Supreme Court Justice Ridgely to RetireDelaware Supreme Court Justice Henry duPont Ridgely is set to retire in January, according to a statement from Gov. Jack Markell. Ridgely is stepping down after 30 years as a Delaware judge.
By Jeff Mordock
5 minute read
November 05, 2014 | Delaware Business Court Insider
Chancery Denies Breakup Fee in Failed $2.5B Tire Company MergerThe Delaware Court of Chancery has blocked Cooper Tire & Rubber Co.'s bid to recoup a $112 million breakup fee related to its failed $2.5 billion merger with Apollo Tyres Ltd.
By Jeff Mordock
4 minute read
November 05, 2014 | Delaware Business Court Insider
Court Named in Bylaws May Rule on Exclusive Forum ProvisionQuestions about the validity of an exclusive forum provision must be decided by the court identified in the provision, the Delaware Court of Chancery has ruled.
By Jeff Mordock
4 minute read
November 05, 2014 | Delaware Business Court Insider
Chancery Court Denies $3.2M Attorney Fee RequestThe Delaware Court of Chancery has rejected a request for roughly $3.2 million in fees by attorneys representing shareholders of oil and gas giant TPC Group Inc.
By Jeff Mordock
4 minute read
November 05, 2014 | Delaware Law Weekly
In Trade-Secrets Case, HP Ordered To Pay $6.5M to Security CompanyA Delaware jury has ordered Hewlett-Packard Co. to pay $6.5 million in damages to a corporate security company for misappropriation of trade secrets, breach of the covenant of good faith and fair dealing, and defamation. The jury returned the verdict last week after a Delaware Superior Court trial before Judge Mary M. Johnston.
By Jeff Mordock
5 minute read
November 05, 2014 | Delaware Law Weekly
Del. Supreme Court Rules Excluded Police Testimony RelevantThe testimony of a retired police officer who planned to tell a Delaware Superior Court jury that a defendant was merely a drug addict, not a dealer, should have been admitted during a criminal trial, the state Supreme Court has ruled. In the reversing opinion, the Supreme Court said the officer's testimony was necessary to support the defendant's argument that she did not possess nor deliver the heroin.
By Jeff Mordock
4 minute read
November 05, 2014 | Delaware Law Weekly
Del. Prison Officials Appeal Third Circuit Ruling in Suicide CaseState attorneys representing two former Delaware prison officials plan to file a petition for certiorari with the U.S. Supreme Court seeking to overturn a federal appellate court decision allowing the family of an inmate who committed suicide to pursue claims against the administrators, according to court documents.
By Jeff Mordock
5 minute read
October 29, 2014 | Delaware Business Court Insider
Simon Property's Compensation Plan Again Draws LitigationChanges made to a compensation plan for Simon Property Group Inc.'s CEO, David Simon, allegedly made to avoid further litigation in the Delaware Court of Chancery, has generated lawsuits by two pension funds claiming the new compensation structure also wastes corporate funds.
By Jeff Mordock
4 minute read
October 29, 2014 | Delaware Business Court Insider
Conflict of Interest Claim a 'Must' to Trigger Fairness ReviewA conflict of interest must be alleged before a transaction can be reviewed under the more stringent entire-fairness standard, the Delaware Court of Chancery has ruled.
By Jeff Mordock
4 minute read
October 29, 2014 | Delaware Business Court Insider
Chancery Court Denies Quadrant's Motion for ReargumentThe Delaware Court of Chancery has denied Quadrant Structured Products Co. Ltd.'s motion for reargument in an effort to reinstate claims that Athilon Capital Corp. breached its fiduciary duties by investing in risky securities to benefit its controller, EBF & Associates.
By Jeff Mordock
4 minute read
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