Delaware Business Court Insider | News
By Tom McParland | March 14, 2019
The suit, filed by Verition Partners Master Fund, accuses Chicago-based litigation services firm Coherent Economics of failing to disclose disparaging remarks that expert witness W. Bradford Cornell made about the firm's appraisal claims in a suit over the fair value of AOL Inc. after it was acquired by telecommunications giant Verizon in a $4.4 billion deal in June 2015.
By Tom McParland | March 13, 2019
The measure, Senate Bill 34, would create a two-tier fee on pharmaceutical firms that produce the highest-strength and most widely distributed opioid products available for sale in Delaware.
By Tom McParland | March 12, 2019
In a 34-page opinion, a full panel of the Delaware Department of Justice's lawsuit ran afoul of federal statute prohibiting states from launching consecutive administrative and civil actions against people who receive benefits through the Supplemental Nutrition Assistance Program, or SNAP.
Delaware Business Court Insider | News
By Tom McParland | March 12, 2019
According to the complaint, Celgene and its directors held the deal out as a premium to its stockholders, despite allegedly rejecting a previous offer from Bristol-Myers with an aggregate value of $110 per share.
Delaware Business Court Insider | News
By Tom McParland | March 11, 2019
In a court filing Friday, Baxalta Inc. argued that Bayer's patent was invalid and that the German-based pharmaceutical firm had presented no evidence to support the jury's damages award.
Delaware Business Court Insider | News
By Amanda Bronstad | March 7, 2019
Many of the committee's members, including plaintiffs' attorneys Mark Lanier and Ted Meadows, brought the largest number of nearly 15,000 talcum powder lawsuits against talc supplier Imerys and Johnson & Johnson.
Delaware Business Court Insider | News
By Tom McParland | March 7, 2019
The lawsuit, filed Wednesday in Delaware Chancery Court, alleged it was "common knowledge" among board members that Moonves had committed repeated acts of sexual misconduct "before and throughout" his tenure as chief executive.
By Tom McParland | March 6, 2019
The Senate's elections, government and community affairs committee voted to advance SB 22 for debate before the full chamber, where a majority of members have already signaled their support of the bipartisan measure.
Delaware Business Court Insider | News
By Tom McParland | March 6, 2019
The agreement, filed this week with the U.S. Securities and Exchange Commission, also requires Papa John's to sever a voting agreement with an activist investor and scrap a provision of its poison pill that prevented stockholders from opposing certain board actions.
Delaware Business Court Insider | News
By Tom McParland | March 5, 2019
The class-action complaint, filed by Maxwell investor Davis Rodden, targeted the company's board and sought additional discloses about Barclays Capital Inc.'s current and prior engagements outside of the all-stock deal, which was announced last month.
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