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.
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.
Delaware Business Court Insider | News
By Tom McParland | March 4, 2019
Friday's ruling, from Vice Chancellor Joseph R. Slights III, came in the brother's Winklevoss Capital Fund's 2018 lawsuit accusing one-time partner Stephen Shaw of mismanaging Treats!, which operates a print and digital magazine depicting nude and semi-nude photography of models and celebrities.
Delaware Business Court Insider | News
By Tom McParland | February 28, 2019
In a court filing made public earlier this week, Papa Johns founder John Schnatter said the plan prevented him from talking to other stockholders regarding "critical corporate matters," including a scheduled vote on the board's slate of nominees at the company's annual meeting in April.
Delaware Business Court Insider | News
By Tom McParland | February 26, 2019
A three-judge panel of the appeals court upheld a Delaware district court ruling, which found that the FTC's 2017 suit came too late under Section 13(b) of the Federal Trade Commission Act, which requires the agency to show that a defendant "is violating, or is about to violate," the law with excessive filings meant to improperly suppress generic competition.
Delaware Business Court Insider | News
By Tom McParland | February 21, 2019
The suit is the latest challenge to the transaction, which converted shares tied to Dell's interest in a valuable computer visualization firm into shares that tracked the business as a whole.
Delaware Business Court Insider | News
By Tom McParland | February 21, 2019
Act III Management said St. Louis, Missouri-based Panera was improperly seeking noncompetition agreements with three Panera employees, in a hiring dispute that exposed the tensions between Panera and the man that oversaw much of the company's growth.
Delaware Business Court Insider | News
By Tom McParland | February 19, 2019
A three-judge panel of the high court Monday upheld, by order, a Chancery Court decision from July that dismissed the suit on demand futility grounds, finding that the directors did not face a substantial risk of liability for their role in scuttling the $55 million deal.
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