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Mark E Felger

Mark E Felger

May 08, 2019 | Delaware Business Court Insider

Superior Court Holds Chancery Jurisdiction Does Not Extend to All Contracts Involving LLCs

Until recently, there were no cases definitively addressing the scope of Section 18-111's fifth jurisdictional category.

By Barry M. Klayman and Mark E. Felger

7 minute read

April 03, 2019 | Delaware Business Court Insider

Serving Process on a Dissolved LLC

In a recent letter opinion, Tratado de Libre Commercio v. Splitcast Technology, C.A. No. 2019-0014-JRS (Del. Ch. March 6), Vice Chancellor Joseph Slights addressed the issue of how to perfect service upon a dissolved limited liability company (LLC).

By Barry M. Klayman and Mark E. Felger

6 minute read

March 13, 2019 | Delaware Business Court Insider

Chancery Applies Flexible Approach to 'Line of Business' Test in Corporate Opportunities

Central to this post-trial opinion is his discussion regarding the contours of the “line of business” test and the need to apply the concept flexibly and sensibly when determining whether a corporation has an interest in a line of business.

By Barry M. Klayman and Mark E. Felger

8 minute read

February 20, 2019 | Delaware Business Court Insider

Master in Chancery Finds an Enforceable Equitable Mortgage Despite Defects in Execution

In a recent case, Master in Chancery Patricia W. Griffin recommended that the Court of Chancery grant a creditor's motion for summary judgment and order the entry of personal and in rem judgments against its debtors based on a finding that the undisputed facts gave rise to an enforceable equitable mortgage.

By Barry M. Klayman and Mark E. Felger

6 minute read

January 16, 2019 | Delaware Business Court Insider

Chancery Finds 'Mutual General Release' to Be Not All Encompassing

A recent opinion by Vice Chancellor Tamika Montgomery-Reeves illustrates the pitfalls in not specifically addressing the scope of “mutual general releases” when agreeing to settle litigation.

By Barry M. Klayman and Mark E. Felger

6 minute read

December 19, 2018 | Delaware Business Court Insider

Chancery Refuses TRO That Would Act as Prior Restraint on Speech

In CapStack Nashville 3 v. MACC Venture Partners, Vice Chancellor Sam Glasscock III considered whether equity had jurisdiction to entertain a temporary restraining order that would have the effect of a prior restraint on speech.

By Barry M. Klayman and Mark E. Felger

6 minute read

November 07, 2018 | Delaware Business Court Insider

Adviser-Consultants Held Not 'Other Professionals' for Purposes of Section 327(a) of Bankruptcy Code

Two recent decisions by separate judges of the Delaware Bankruptcy Court have addressed the question of whether persons providing services to debtors relating to the disposition and monetization of inventory, real estate, intellectual property and other estate assets are “professionals” and must be retained under the strictures of Section 327(a) of the Bankruptcy Code.

By Barry M. Klayman and Mark E. Felger

7 minute read

October 10, 2018 | Delaware Business Court Insider

Decisions to Clarify Time to Seek Attorney Fees for Frivolous Appeal

A pair of decisions by the Delaware Court of Chancery and the Delaware Supreme Court have clarified the time to seek an award of attorney fees for successfully defending against an alleged frivolous appeal.

By Barry M. Klayman and Mark E. Felger

6 minute read

September 05, 2018 | Delaware Business Court Insider

Bankruptcy Court Enforces Anti-Assignment Clause and Rejects Assignee's Proof of Claim

The purchase and sale of claims held by creditors against debtors in a bankruptcy proceeding has become a big business.

By Barry M. Klayman and Mark E. Felger

6 minute read

August 06, 2018 | Delaware Business Court Insider

Court Denies Public Access to Unfiled Discovery Materials

Does public access extend to discovery materials that are not filed with the court? Vice Chancellor J. Travis Laster says no: materials developed during the pretrial discovery process are not part of the presumptively public record until they are filed with the court, such as by being placed on the docket or lodged in evidence.

By Barry M. Klayman and Mark E. Felger

1 minute read