Delaware Business Court Insider | Commentary
By Brett M. McCartney | November 1, 2017
Books and records actions are heralded as the “tools at hand” for litigators pursuing shareholder claims against a corporation.
Delaware Business Court Insider | News
By Tom McParland | October 31, 2017
A shareholder in Bob Evans Inc. on Tuesday filed a proposed class action accusing the company and its board of misleading investors earlier this month in order to secure support for a planned $1.5 billion merger with packaged goods company Post Holdings Inc.
Delaware Business Court Insider | News
By Tom McParland | October 30, 2017
Vice Chancellor J. Travis Laster sided with the investors, who argued a challenge to a proposed $35 million settlement between Good Technology stockholders and deal adviser J.P. Morgan Securities should play out in private.
Delaware Business Court Insider | News
By Tom McParland | October 27, 2017
Disgraced Hollywood producer Harvey Weinstein on Thursday sued The Weinstein Co. in the Delaware Court of Chancery, seeking to access records in order to defend against civil and criminal allegations and to possibly mount a wrongful termination case against the company he founded with his brother in 2005.
Delaware Business Court Insider | Commentary
By Albert H. Manwaring IV | October 26, 2017
Wilmington Trust serves as the sole trustee for certain du Pont Family Trusts established in the 1940s and 1950s. For many years, Wilmington Trust…
Delaware Business Court Insider | Commentary
By Francis G.X. Pileggi and Alexandra Rogin | October 25, 2017
The Delaware Court of Chancery issued an important evidentiary ruling in Zohar II 2005-1 Ltd. v. FSAR Holdings, finding that expert valuation reports were inadmissible as hearsay.
Delaware Business Court Insider | News
By Tom McParland | October 24, 2017
Marcato Capital Management on Monday sued the manufacturer of UGG boots, Deckers Outdoor Corp., in the Delaware Court of Chancery in a bid to force a vote on the hedge fund's board nominees and avoid more than $120 million in financial penalties against the company.
Delaware Business Court Insider | News
By Tom McParland | October 18, 2017
Delaware legal observers this week acknowledged the possibility that derivative litigation stemming from damning allegations of sexual misconduct against Hollywood producer Harvey Weinstein could spill into the Delaware Court of Chancery, which would have jurisdiction over suits involving the Delaware-incorporated company Weinstein helped to found.
Delaware Business Court Insider | Commentary
By Brian M. Lutz and Colin B. Davis | October 18, 2017
As has been widely reported, for the first time in 15 years, Delaware has been dethroned as the nation's top court system according to a recent survey, which sought to explore “how fair and reasonable the states' liability systems are perceived to be by U.S. businesses.”
Delaware Business Court Insider | Commentary
By Tyler O'Connell and Albert Caroll | October 18, 2017
American courts have long recognized that the public enjoys a First Amendment right of access to judicial proceedings and records. While forceful, the right is only presumptive, and the public's interest in access may be overcome with an adequate showing of need.
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