Delaware Business Court Insider | News
By Tom McParland | June 7, 2019
SunCoke would purchase all publicly traded units of SunCoke Energy Partners that it did not already own, in exchange for SunCoke stock.
Delaware Business Court Insider | News
By Tom McParland | June 5, 2019
The ruling, outlined in a 12-page report from Vice Chancellor J. Travis Laster, could put CompoSecure back on the hook for a nearly $17 million judgment that the state Supreme Court "reluctantly" vacated in the long-running contract dispute.
Delaware Business Court Insider | News
By Tom McParland | June 3, 2019
The suit, from Goldman investor Shiva Stein, alleged that the Goldman board for years had set its pay at nearly twice the rate of that provided by similarly situated competitors, who either equaled or outperformed the New York-based investment bank.
Delaware Business Court Insider | News
By Tom McParland | June 3, 2019
Vice Chancellor Joseph R. Slights III on Friday said that the books-and-records lawsuit, filed last year by a New York-based pension fund, had produced at least "some evidence" that the company's board and senior management had knowingly placed users' information at risk and failed to comply with a 2011 consent decree mandating that better protect the data.
Delaware Business Court Insider | News
By Tom McParland | May 30, 2019
The lawsuit, filed in Delaware Chancery Court, came just weeks after Houston-based Occidental outbid Chevron Corp. for the right to buy Anadarko for $57 billion in a merger of two Texas oil-and-gas exploration giants.
Delaware Business Court Insider | News
By Tom McParland | May 29, 2019
Vice Chancellor Kathaleen S. McCormick ruled Wednesday on a motion to dismiss that investors Robert and Monica Breslow were largely unsuccessful in an alleged effort to seize control of the firm through a board designee, and thus owed no duties CTT, a Delaware limited liability company.
By Kristen Rasmussen | May 28, 2019
Three sources of authority—Delaware law, Rite Aid's bylaws and its charter—support Franklin Brown's claim for mandatory indemnification from the drugstore chain, the Delaware Chancery Court recently ruled.
Delaware Business Court Insider | News
By Tom McParland | May 23, 2019
Investors in TrueCar Inc. are resisting a bid by the Santa Monica-based car-pricing company's directors to temporarily halt a Delaware derivative lawsuit over allegedly inflated stock prices while a federal panel mulls whether to consolidate shareholder claims into multidistrict litigation.
Delaware Business Court Insider | News
By Tom McParland | May 22, 2019
The ruling rejected IKB International S.A.'s bid to revive the breach-of-contract suit, which accused Wilmington Trust of standing "idly by" while other participants in the trusts drained them of their value.
Delaware Business Court Insider | News
By Tom McParland | May 21, 2019
The Delaware Court of Chancery denied Computer Sciences Corp.'s bid to recoup about $18 million it had paid for an executive to defend against criminal investigations into an alleged bribery scheme stemming from the company's purchase of ServiceMesh Inc. in 2013.
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