Delaware Business Court Insider
By Barry M. Klayman and Mark E. Felger | September 6, 2017
In a case characterized as a "matter of great local interest," Bankruptcy Judge Kevin Gross determined a question of much wider interest to practitioners: whether a contract was void ab initio because the Delaware limited liability company that executed it had not yet been formed.
Delaware Business Court Insider
By Tom McParland | September 5, 2017
The Delaware Court of Chancery has refused to expedite an appeal because it could delay the court-ordered sale of a profitable translation-services company.
Delaware Business Court Insider
By Tom McParland | August 28, 2017
Attorneys for former Uber Technologies Inc. CEO Travis Kalanick on Monday filed to move a public battle over control of the ride-hailing company's board into a confidential arbitration, saying in a Delaware court filing that an investor lawsuit seeking to oust him from the board violated corporate agreements and threatened to harm the company.
By Tom McParland | August 25, 2017
The head of a lobbying group has filed suit in New York state court to halt an inquiry into alleged leaks of bidder information and other details related to the forced sale of TransPerfect, a provider of translation software, which has been ordered by a Delaware court.
Delaware Business Court Insider
By Tom MCParland | August 24, 2017
A Delaware Court of Chancery judge on Thursday set an Aug. 30 hearing date for Travis Kalanick's motion to dismiss an investor lawsuit seeking to oust him from the Uber Technologies Inc.'s board, as Benchmark Capital Partners continued to step up its attack on the ride-hailing company's ousted CEO.
Delaware Business Court Insider
By Robert B. Greco | August 23, 2017
Two recent decisions of the Delaware Court of Chancery separated by only two weeks took seemingly contradictory positions regarding the extent to which corporate disclosures must be made clear in proxy statements and other SEC filings.
Delaware Business Court Insider
By Brett M. McCartney | August 23, 2017
The Delaware Court of Chancery has declined to compel the production of attorney-client privileged documents in a books-and-records action.
Delaware Business Court Insider
By Tom McParland | August 18, 2017
Travis Kalanick, the former CEO of Uber Technologies Inc., pushed back late Thursday against an investor's attempt to force him off the ride-hailing company's board, saying that a dispute over his control of three board seats must be settled in arbitration.
Delaware Business Court Insider
By Benyamin S. Ross and Taylor Hathaway-Zepeda | August 16, 2017
When is an extended family a control block? The Delaware Court of Chancery acknowledged that while familial relations among a group of stockholders are not per se sufficient to establish a controlling stockholder block, a family that regularly refers to itself as a single unit may constitute a controlling stockholder block.
Delaware Business Court Insider
By Tom McParland | August 15, 2017
A Georgia-based technology and investment firm must defend claims that it duped two early stockholders into investing a combined $5 million in the venture, a Delaware magistrate judge ruled on Tuesday.
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