By Aleeza Furman | November 27, 2024
The plaintiffs had contended that their alleged asbestos-related injuries were caused by Dravo, a corporation Carmeuse acquired in the late 1990s that eventually became a limited liability company and filed for dissolution in 2018. The plaintiffs argued that Carmeuse, as Dravo’s parent company, could be held liable for their alleged injuries.
By Alyssa Aquino | November 26, 2024
Ken Leech faces charges of investment adviser fraud, securities fraud, commodity trading adviser fraud and commodities fraud, as well as a charge of making false statements, which collectively expose him to a potential 65-year prison sentence.
Delaware Business Court Insider | News
By Ellen Bardash | November 6, 2024
For those who have already received compensation, a lawyer representing abuse victims said, it's come at a personal cost, as the terms of the effective plan have required them to answer 81-page questionnaires, sit for depositions and ask others to submit affidavits as proof of their scouting involvement.
Delaware Business Court Insider | Commentary
By Kaan Ekiner and Mark E. Felger | November 6, 2024
Prior to initiating the Delaware Chancery Court action, Eastern Wholesale sued one of Hudson's affiliates—but not Hudson—in North Carolina. Shortly after the filing of the Chancery action, Hudson moved to dismiss or stay. And due to potential overlapping legal and factual issues, Chancellor Kathaleen St. J. McCormick entered a stay.
The Legal Intelligencer | News
By Riley Brennan | November 4, 2024
"My client is happy to have this trial behind him and is thankful to his medical team for saving his life and his leg. He is hopeful that the lessons about forklift safety are learned from this incident and trial, so that something positive may come out of this tragedy," said the photographer's attorney, Kevin P. O'Brien, of Stampone O'Brien Dilsheimer Holloway.
Delaware Business Court Insider
By Kaan Ekiner and Mark E. Felger | October 30, 2024
The Vice Chancellor's decision illustrates the court's discretion and, in this instance, common-sense approach to requiring a bond in the context of provisional relief.
Delaware Business Court Insider | Commentary
By Mark E. Felger and Simon E. Fraser | October 30, 2024
The court was careful to confine its ruling to precisely the foregoing, and expressed no opinion on plan releases other than nonconsensual ones. In particular, the court was careful to note, "Nothing in what we have said should be construed to call into question consensual third-party releases offered in connection with a bankruptcy reorganization plan."
By Mason Lawlor | October 29, 2024
The string of fraud incidents was spurred by a viral video on TikTok in August, in which users claimed to discover a systemwide "glitch" in Chase ATM's allowing unlimited amounts of money to be withdrawn.
Delaware Business Court Insider | Commentary
By Barnaby Grzaslewicz | October 23, 2024
In this recent decision from the Delaware Court of Chancery, Seva Holdings v. Octo Platform Equity Holdings, the court considered whether a membership interest repurchase right under an LLC agreement triggered by breach of a nondisparagement restriction was enforceable, or whether the repurchase scheme violated the absolute litigation privilege.
Delaware Business Court Insider | Commentary
By Mackenzie M. Wrobel | October 23, 2024
This article delves into the Delaware Court of Chancery's recent use of res judicata to remind readers of the doctrine's applications and implications.
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