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.
By Tom McParland | October 31, 2017
Pfizer Inc. on Monday accused Florida-based generic drugmaker Breckenridge Pharmaceutical Inc. of infringing four patents for Xeljanz, as the company continues its campaign to protect the rheumatoid arthritis drug from generic competition.
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.
By Tom McParland | October 26, 2017
A former executive at Medco Health Solutions Inc. who sued the health care company on behalf of the United States, California, Florida and New Jersey for allegedly violating anti-kickback laws lacked immediate knowledge of any wrongdoing, a Delaware federal judge ruled on Tuesday.
By Tom McParland | October 26, 2017
The U.S. Senate this week approved legislation to provide five years of reinforcement for Delaware's bankruptcy court, one of the busiest in the nation.
Delaware Business Court Insider | News
By Tom McParland | October 25, 2017
The Delaware Court of Chancery on Wednesday dismissed a derivative suit accusing the Viacom Inc. board of waste and breach of fiduciary duty for paying Sumner Redstone $13 million over the course of three years, even as the former chairman's declining health prevented him from providing valuable services to the company.
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.
By Tom McParland | October 24, 2017
Attorneys from both political parties have begun to signal interest in running to succeed Matt Denn as Delaware attorney general. And the legal community is beginning to talk about whether several high-profile career prosecutors are considering whether to join the race.
By Zack Needles | October 20, 2017
Welcome to the new Delaware Law Weekly, part of the new law.com network! We're excited to share improvements we've made to the way we…
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