Delaware Business Court Insider | News
By Tom McParland | November 14, 2017
A Booz Allen Hamilton shareholder on Monday filed derivative litigation against members of the government contractor's board, after the company announced in June that the U.S. Department of Justice had begun probing its accounting and cost-charging practices.
Delaware Business Court Insider | Commentary
By Edward M. McNally | November 14, 2017
Delaware recognizes the need to promptly resolve disputes over the composition of the board of directors of a Delaware corporation.
Delaware Business Court Insider | News
By Tom McParland | November 10, 2017
GN Netcom Inc. is asking for a new trial in its antitrust case against Plantronics Inc., arguing that a Delaware federal judge did not go far enough in punishing its opponent for deleting emails that provided germane evidence in the case.
Delaware Business Court Insider | News
By Tom McParland | November 8, 2017
Attorneys from Potter Anderson & Corroon are asking a Delaware federal judge to approve a nationwide filing injunction and monetary sanctions against Philip R. Shawe and his Delaware counsel, after the TransPerfect co-founder accused the firm of making a misleading application for attorney fees in court documents.
Delaware Business Court Insider | Commentary
By Barry M. Klayman and Mark E. Felger | November 8, 2017
In a significant decision in a closely watched case, Bankruptcy Judge Laurie Selber Silverstein held in In re Millennium Lab Holdings II, Case No. 15-12284 (LSS) (Del. Bankr. Oct. 3, 2017), that the bankruptcy court had constitutional adjudicatory authority to approve the nonconsensual release of nondebtor, direct nonbankruptcy common law claims against third parties as part of a confirmation order.
Delaware Business Court Insider | News
By Tom McParland | November 7, 2017
A federal appeals court is unlikely to rule on Philip R. Shawe's constitutional challenge to the forced sale of TransPerfect Global Inc., the firm's co-founder acknowledged on Tuesday, after briefing was scheduled to wrap up next month.
Delaware Business Court Insider
By Tom McParland | November 7, 2017
The Delaware Court of Chancery on Tuesday dismissed a derivative suit filed on behalf of Erin Energy Corp., saying the company's board had successfully pushed back against alleged attempts by its controller to play all sides of a three-way transaction to acquire oil mining rights in Africa.
Delaware Business Court Insider | News
By Tom McParland | November 3, 2017
The Delaware Court of Chancery on Thursday refused a request by Citadel Plastics Holdings to delay a fraud suit stemming from its $800 million sale to plastics supplier A. Schulman Inc. after federal prosecutors subpoenaed five defendants in a parallel criminal probe, saying it was not yet clear to what extent the two cases would overlap.
Delaware Business Court Insider | News
By Tom McParland | November 2, 2017
The Weinstein Co. on Wednesday argued that Harvey Weinstein was using a Delaware books-and-records suit to evade discovery rules in a private arbitration, where the disgraced film producer is pursuing wrongful termination claims against the company he helped to found.
By Tom McParland | November 1, 2017
The Delaware Department of Justice announced Wednesday that it had retained a national team of attorneys and experts to explore the possibility of litigation against companies that may have contributed to the state's opioid epidemic.
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