Delaware Business Court Insider | News
By Tom McParland | May 29, 2019
Vice Chancellor Kathaleen S. McCormick ruled Wednesday on a motion to dismiss that investors Robert and Monica Breslow were largely unsuccessful in an alleged effort to seize control of the firm through a board designee, and thus owed no duties CTT, a Delaware limited liability company.
Delaware Business Court Insider | Commentary
By Ellis E. Herington and Douglass Herrmann | May 29, 2019
Delaware courts will enforce the terms of well-drafted, unambiguous contracts. Clearly communicating and memorializing parties' expectations in the terms of their contract puts parties in the best position possible to have their expectations enforced and receive the benefit of their bargain.
Delaware Business Court Insider | News
By Tom McParland | May 23, 2019
Investors in TrueCar Inc. are resisting a bid by the Santa Monica-based car-pricing company's directors to temporarily halt a Delaware derivative lawsuit over allegedly inflated stock prices while a federal panel mulls whether to consolidate shareholder claims into multidistrict litigation.
By Tom McParland | May 22, 2019
The ruling rejected IKB International S.A.'s bid to revive the breach-of-contract suit, which accused Wilmington Trust of standing "idly by" while other participants in the trusts drained them of their value.
Delaware Business Court Insider | News
By Tom McParland | May 22, 2019
The ruling rejected IKB International S.A.'s bid to revive the breach-of-contract suit, which accused Wilmington Trust of standing "idly by" while other participants in the trusts drained them of their value.
Delaware Business Court Insider | Commentary
By Albert H. Manwaring IV | May 22, 2019
Delaware corporate law allows for a corporation to agree in its organizational documents or contracts to advance legal fees and expenses in defense of actions, arising from a person's service to the company.
By Norm Finkel | May 20, 2019
With a smaller law firm, experienced lawyers are the norm, rather than the associates who typically handle the day-to-day business for large law firms. The attention given to the client is second to none.
The Legal Intelligencer | News
By Max Mitchell | May 16, 2019
The debate focused on the language of the agreement's modification provision, and whether the state attorney general's duty to safeguard the public interest allowed the state to push for significant modifications to the agreement.
The Legal Intelligencer | Commentary
By Edward T. Kang | May 16, 2019
What happens when a dispute is between or among directors of the same company? Can the company use the attorney-client privilege to shield corporate materials, including any attorney-client privileged materials against a director?
By Charles Toutant | May 15, 2019
R.A. Feuer, who threatened to bring a shareholder derivative action against the company, sought records related to its 2015 acquisition of Cubist Pharmaceuticals for $9.5 billion.
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