November 03, 2021 | Delaware Business Court Insider
Delaware Court Is Proper Forum to Address Issues Raised by Foreign Letters RogatorySuperior Court Judge Paul R. Wallace addressed two issues raised by subpoenas issued pursuant to foreign letters rogatory: whether the Superior Court or the foreign court should hear disputes concerning the propriety and scope of the subpoenas, and whether to shift costs from the nonparty to the party requesting the discovery.
By Barry M. Klayman and Mark E. Felger
6 minute read
October 06, 2021 | Delaware Business Court Insider
Board's Delayed Response to Misconduct in Light of Enforcement Actions Defeats 'Caremark' ClaimFrom 2006 through 2012, FedEx carriers delivered "an infinitesimal percentage" of packages containing untaxed, unstamped cigarettes to New York residents. Enforcement actions followed, and in 2018, FedEx settled the actions by paying $35.3 million and agreeing to several internal reforms.
By Barry M. Klayman and Mark E. Felger
8 minute read
September 01, 2021 | Delaware Business Court Insider
Chancery Holds Section 3104(d)(4) Provides Standalone Authority for Alternative Means for Service of ProcessChancery Rule 4(d) specifies how service of a summons and complaint shall be made and specifies the manner of personal service upon various classes of defendants. Rule 4(d)(7) allows for an order directing a different or an additional mode of service of a summons in a special case.
By Barry M. Klayman and Mark E. Felger
7 minute read
August 04, 2021 | Delaware Business Court Insider
Chancery Addresses Whether Trial Counsel Can Call Himself as a Witness at TrialIt is a well-established ethical principle that, in general, a lawyer who represents a client in a litigated matter may not also appear as a witness in the same matter, whether for or against the client.
By Barry M. Klayman and Mark E. Felger
7 minute read
June 30, 2021 | Delaware Business Court Insider
Sontchi Rejects Majority View on Test to Determine Whether a Business Trust Is an Eligible DebtorWhat law determines whether a "business trust" may be an eligible debtor under Chapter 11? There is a split of authority as to whether the law of the jurisdiction in which the trust resides or federal common law controls.
By Barry M. Klayman and Mark E. Felger
7 minute read
June 02, 2021 | Delaware Business Court Insider
High Court Affirms Bankruptcy Ends LLC Membership but Not Member's Economic InterestThe Supreme Court approved the Court of Chancery's reliance on a 17-year old opinion by then Vice Chancellor Leo Strine in Milford Power v. PDC Milford Power, 866 A.2d 738 (Del. Ch. 2004).
By Barry M. Klayman and Mark E. Felger
7 minute read
May 05, 2021 | Delaware Business Court Insider
What Constitutes a Consumer Deposit for Priority Treatment Under the Bankruptcy CodeThe statute does not define what constitutes a "deposit." In In re Superior Air Charter, Case No. 20-11007 (CSS) (Del. Bankr. April 9, 2021), Chief Judge Christopher Sontchi had to decide whether prepayments for future airplane flights were deposits within the meaning of the statute.
By Barry M. Klayman and Mark E. Felger
7 minute read
March 31, 2021 | Delaware Business Court Insider
Motions for Partial Dismissal Toll the Period for Answering the Entire Complaint for Del.'s Note Action StatuteDoes a defendant in a complaint brought under 10 Del. C. Section 3901 concede or default on the allegations against it by moving to dismiss under Rule 12 only one of the counts in the complaint without first answering the complaint in whole or in part by affidavit?
By Barry M. Klayman and Mark E. Felger
7 minute read
March 03, 2021 | Delaware Business Court Insider
The Doctrine of Unclean Hands as Guardian of EquityThe question posed by the vice chancellor was whether a petitioner could invoke equity to benefit from her own illegal act as a trustee. He answered no—that to apply equity in favor of the trustee, allowing her to benefit from her own unlawful act, would sully equity itself.
By Barry M. Klayman and Mark E. Felger
7 minute read
February 03, 2021 | Delaware Business Court Insider
The Affiliate Privilege Doctrine ExplainedIn Surf's Up Legacy Partners (f/k/a KAABOO) v. Virgin Fest, Superior Court Judge Paul Wallace, in an opinion resounding with musical allusions, invoked the affiliate privilege doctrine to dismiss a claim for tortious interference.
By Barry M. Klayman and Mark E. Felger
6 minute read
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