Delaware Business Court Insider | News
By Tom McParland | January 23, 2019
In a brief filed Tuesday in Delaware federal court, lawyers for Caterpillar Inc. said the four-year-old suit from International Construction Products had failed to make any specific allegations linking the Illinois-based manufacturer of construction and mining machinery to an alleged plot to suppress competition and fix prices.
Delaware Business Court Insider | News
By Tom McParland | January 22, 2019
Chancellor Andre G. Bouchard on Jan. 18 approved the agreement, under which Zynga's insurers will pay the San Francisco-based firm $12 million on behalf of the defendants.
Delaware Business Court Insider | News
By Tom McParland | January 17, 2019
The Delaware Supreme Court on Thursday reversed a Chancery Court decision forcing billionaire William I. Koch to sell his $3 billion energy company so that two private equity firms could recoup their investment in the company.
Delaware Business Court Insider | News
By Tom McParland | January 17, 2019
CBS said in a filing with the SEC that Moonves had informed the company Wednesday that he intended to use a binding arbitration provision in his contract to try to recover his "golden parachute" after the company determined there were grounds to fire him for cause.
Delaware Business Court Insider | News
By Tom McParland | January 15, 2019
Chancellor Andre G. Bouchard ruled Tuesday that John Schnatter, the company's largest stockholder, was entitled to books and records regarding the company's decision to terminate his employment last July, after Forbes reported that he had used the N-word during a company training call.
Delaware Business Court Insider | News
By Tom McParland | January 14, 2019
In a 12-page order, Vice Chancellor Joseph R. Slights III stood by his Dec. 14 opinion, which found that two of Fitbit's outside directors could potentially face liability for suspicious stock sales made by venture capital funds under their control.
Delaware Business Court Insider | News
By Tom McParland | January 10, 2019
In an 18-page complaint, shareholders Thursday questioned analyses by Nutrisystem's Evercore Group financial advisers and said that the cash-and-stock deal, announced in December, had undervalued the company.
Delaware Business Court Insider | News
By Tom McParland | January 8, 2019
A Delaware judge is mulling a request that would fast-track state Supreme Court consideration of whether directors can be held liable in derivative litigation for trades that were executed by funds under their control.
By Scott Graham | January 7, 2019
The question in HP v. Berkheimer is whether patent eligibility is always a matter of law that can be resolved at an early, less costly stage of litigation.
Delaware Business Court Insider | News
By Tom McParland | January 3, 2019
Judge Luis Felipe Restrepo of the U.S. Court of Appeals for the Third Circuit on Wednesday ruled that oral argument on Petróleos de Venezuela S.A. appeal in the case would proceed normally.
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