Jeff Mordock

December 10, 2014 | Delaware Business Court Insider

If extrinsic evidence cannot clarify ambiguous provisions in a shareholder rights agreement, the Delaware courts must defer to the default rule requiring a majority vote to elect a board member, the state Supreme Court has ruled.

By Jeff Mordock

4 minute read

December 10, 2014 | Delaware Business Court Insider

Arbitrators have the authority to resolve salary disputes under Delaware's Wage Payment and Collection Act, the state Court of Chancery has ruled. The court's decision upheld an arbitrator's award of $271,694 to a former employee of a credit-card processing company.

By Jeff Mordock

4 minute read

December 10, 2014 | Delaware Business Court Insider

A former stockholder's lawsuit against an airplane repair company could give the Delaware Court of Chancery an opportunity to provide corporations with much-needed guidance on fee-shifting bylaws.

By Jeff Mordock

6 minute read

December 10, 2014 | Delaware Law Weekly

Womble Carlyle Sandridge & Rice has launched a Delaware Court of Chancery litigation group in its Delaware office and tapped corporate law practitioner Jill K. Agro as the new unit's first hire.

By Jeff Mordock

5 minute read

December 10, 2014 | Delaware Law Weekly

A Florida federal judge has dismissed a lawsuit alleging Young Conaway Stargatt & Taylor aided a treasure hunter's phony search for emeralds, but the firm's attorney, Bruce Silverstein, could still face sanctions for his alleged role in the hoax.

By Jeff Mordock

5 minute read

December 05, 2014 | Delaware Law Weekly

Only one member of the Delaware General Assembly's Senate Executive Committee said he intends to ask Superior Court Judge Jan R. Jurden about her controversial decision in the Richards case during her confirmation hearing to become president judge of the court she now serves.

By Jeff Mordock

8 minute read

December 03, 2014 | Delaware Business Court Insider

The Delaware Court of Chancery has declined to enjoin Vista Equity Partners L.P.'s $4.2 billion acquisition of Tibco Software because the transaction's overall equity value was initially based on an inaccurate number of Tibco shares.

By Jeff Mordock

4 minute read

December 03, 2014 | Delaware Business Court Insider

The Delaware Supreme Court has dismissed RBC Capital Markets' initial appeal of three Delaware Court of Chancery decisions in the lawsuit filed against the financial adviser by shareholders of Rural/Metro Corp.

By Jeff Mordock

2 minute read

December 03, 2014 | Delaware Business Court Insider

The Delaware Court of Chancery has appointed an appraiser to evaluate a joint venture between Ira Rennert and Ronald Perelman after the two investors sued each other over the entity's financial and management operations.

By Jeff Mordock

3 minute read

December 03, 2014 | Delaware Business Court Insider

A director's business association with a corporation's executives is not a reason to excuse a plaintiff from making a presuit demand on the corporate board, the Delaware Court of Chancery has ruled.

By Jeff Mordock

5 minute read