Delaware Business Court Insider | News
By Tom McParland | September 17, 2018
Attorneys in a multifaceted battle for control of Papa John's are set to square off in a Wilmington courtroom Thursday afternoon, as company founder and former CEO John Schnatter tries to maintain a books-and-records case seeking records related to his ouster from the pizza chain.
Delaware Business Court Insider | News
By Tom McParland | September 13, 2018
The U.S. Court of Appeals for the Third Circuit on Thursday upheld a Delaware Bankruptcy Court's decision to block a Florida-based energy company from collecting a $275 million merger termination fee against the bankruptcy estates of Energy Future Holdings Corp. and a subsidiary.
Delaware Business Court Insider | News
By Tom McParland | September 13, 2018
Facebook Inc. investors have launched another Delaware Court of Chancery lawsuit over the company's since abandoned plan to restructure in a way that would have given founder and CEO Mark Zuckerberg more control over the company.
Delaware Business Court Insider | News
By Tom McParland | September 11, 2018
The Tesla Inc. board defended what its lawyers termed Elon Musk's "unusual and audacious" pay package in a motion last week to dismiss a derivative challenge to a compensation scheme that could make the electric car manufacturer's CEO one of the most highly compensated public-company executives in the world.
Delaware Business Court Insider | News
By Tom McParland | September 10, 2018
CBS Corp. has settled its Delaware Court of Chancery lawsuit against controlling stockholder National Amusements Inc., saying Monday that the company would put aside $120 million to pay former CEO Leslie Moonves, pending the outcome of an investigation into allegations that he had sexually harassed women during his time at the network.
Delaware Business Court Insider | News
By Tom McParland | September 7, 2018
According to a new lawsuit, Papa John's CEO launched a "false and defamatory campaign" accusing a chairman of racism to save his own job.
Delaware Business Court Insider | News
By Tom McParland | September 6, 2018
Minority investors in Oxbow Carbon, fresh off a major Delaware Court of Chancery victory, are now investigating up to $50 million in payments Oxbow made to founder and CEO William Koch's attorneys at Mintz, Levin, Cohn, Ferris, Glovsky and Popeo.
Delaware Business Court Insider | News
By Tom McParland | September 5, 2018
Genentech Inc. has accused Samsung Bioepis Co. in Delaware federal court of infringing 21 patents for its breast cancer drug Herceptin.
Delaware Business Court Insider | News
By Tom McParland | September 4, 2018
A Delaware federal judge has barred Amneal Pharmaceuticals from marketing a generic version of Galderma Laboratories' Oracea acne drug through 2025, finding that the drug infringed under the equitable doctrine of equivalents.
Delaware Business Court Insider | News
By Tom McParland | August 30, 2018
The Delaware Court of Chancery has rejected Enbridge Energy Partners' bid to dismiss a shareholder suit targeting a $1 billion pipeline buyback deal, in a ruling that criticized the defendants for remaking arguments that had already been rejected by the state Supreme Court.
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