Delaware Business Court Insider | News
By Tom McParland | February 23, 2018
The Delaware Court of Chancery on Thursday ordered Palantir Technologies Inc. to turn over corporate records to a company run by Marc Abramowitz, in an unusual court battle that highlights the growing animosity between the reticent Silicon Valley firm and one of its biggest early investors.
Delaware Business Court Insider | News
By Tom McParland | February 21, 2018
The Delaware Court of Chancery on Tuesday ruled that a challenge to natural gas company Regency GP's 2015 merger with Energy Transfer Partners had cleared a preliminary hurdle to show that Regency's board may have approved a deal that it knew was not in the firm's best interest.
Delaware Business Court Insider | News
By Tom McParland | February 21, 2018
The Delaware Supreme Court on Tuesday revived a derivative challenge to Diamond Resorts International's $2 billion sale to Apollo Global Management, ruling that shareholders should have been informed of the chairman's opposition to the deal.
By Jonathan Ringel | February 21, 2018
Bako's lawyers spent one sentence denying that the Delaware law voided the noncompete agreements and then offered pages of details of “gross misconduct” on which their counterclaims for breach of duty of loyalty, unjust enrichment and defamation are based.
Delaware Business Court Insider | News
By Tom McParland | February 20, 2018
A Delaware federal judge on Feb. 16 invalidated a patent held by D&M Holdings Inc. as the company continues to face off against rival wireless speaker-maker Sonos Inc. in a protracted infringement fight.
Delaware Business Court Insider | News
By Tom McParland | February 20, 2018
A Delaware federal judge on Feb. 16 overturned a massive $2.5 billion jury verdict against Gilead Sciences Inc., finding that a patent held by a unit of Merck & Co. Inc. was too broad to be valid.
By Tom McParland | February 16, 2018
Colm F. Connolly and Maryellen Noreika broke their public silence for the first time this week after being tapped to fill two vacancies on Delaware's federal bench.
By Tom McParland | February 14, 2018
In what has become a staple of his annual budget pitch to lawmakers, Delaware Supreme Court Chief Justice Leo E. Strine Jr. again pushed for state funding to cover the cost of parking for court employees in Wilmington.
Delaware Business Court Insider | News
By Tom McParland | February 13, 2018
The Delaware Court of Chancery on Monday ruled that billionaire William I. Koch could not block a private equity firm from forcing the sale of his Oxbow Carbon energy company, finding gaps in the LLC agreement were being used to scuttle members' attempts to force an exit sale.
Delaware Business Court Insider | News
By Tom McParland | February 13, 2018
GN Netcom Inc. has filed an appeal in its high-profile antitrust suit against rival headset-maker Plantronics Inc., challenging a Delaware federal judge's handling of spoliation that resulted in the destruction of thousands of emails potentially relevant to the case.
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