Delaware Business Court Insider | News
By Tom McParland | July 9, 2018
The Delaware Supreme Court on Monday effectively revived a shareholder suit challenging Fresh Market Inc.'s $1.4 billion acquisition by a private equity firm, in an opinion that served as a "cautionary reminder" that partial disclosures cannot secure business-judgment protections under the Corwin doctrine.
Delaware Business Court Insider | News
By Tom McParland | July 9, 2018
The Delaware Court of Chancery has ordered an investment fund and its manager to pay $20.3 million in damages for using their control over Basho Technologies Inc. to profit from efforts to maneuver the young firm into a "position of maximum crisis."
Daily Business Review | Commentary
By Jaime Sturgis | July 9, 2018
Following the approval of the federal tax reform bill, much of the discussion has centered on the legislation's disproportionately negative impact on tax-heavy states and the anticipated influx of residents from those states relocating to tax-free states like Florida.
By Jenna Greene | July 6, 2018
Stephen Sorensen scored the biggest damages award ever against a global public accounting firm, and broke new legal ground along the way.
Delaware Business Court Insider | News
By Tom McParland | July 5, 2018
Investors in Pennsylvania-based AmerisourceBergen Corp. have sued in Delaware for access to books and records of the pharmaceutical firm, stating that they are considering launching a civil lawsuit over a scheme by its subsidiaries to skim and repackage cancer drugs for sale across the country.
Delaware Business Court Insider | News
By Tom McParland | July 5, 2018
Seneca Coal Resources accused Cliff Natural Resources and its brass of concealing a range of liabilities associated with the two West Virginia mines as it exited the coal business.
By Jenna Greene | July 5, 2018
The law firm chairman led American Express to victory last week in his first Supreme Court argument. It's a long way from his job as a kid at Yankee Stadium.
By Ross Todd | June 28, 2018
Susman Godfrey partner Brian Melton led a team that won a $25 million verdict for client Steven Lamar in a royalty dispute over the high-end, celebrity-endorsed headphones.
By Cheryl Miller | June 26, 2018
“Having won a landmark judgment against them in court, we will not allow them to undermine the judicial process through this unconstitutional abuse of the initiative system," a Santa Clara County lawyer says.
Delaware Business Court Insider | News
By Tom McParland | June 22, 2018
A breach of contract suit over the sale of a contaminated chemical site in New Jersey can be expanded to include claims that the seller concealed information about its remediation efforts and tried to stick Ashland Inc. with the bill for the cleanup, a Delaware judge has ruled.
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