Delaware Business Court Insider | News
By Tom McParland | August 7, 2018
The lawsuit comes after the company's stock sank nearly 50 percent after the market got wind of the toll competition was having on it.
Delaware Business Court Insider | News
By Tom McParland | August 2, 2018
The Delaware Court of Chancery on Wednesday appointed a monitor to oversee the sale of Oxbow Carbon and ordered CEO William Koch to pay tens of millions of dollars in damages to two private equity firms for derailing a deal for the energy company in 2016.
Delaware Business Court Insider | News
By Tom McParland | Dan Packel | August 2, 2018
CBS Corp. has tapped Covington & Burling and Debevoise & Plimpton to conduct an investigation into allegations of sexual misconduct by CEO Leslie Moonves, naming two former prosecutors to lead the probe.
Delaware Business Court Insider | News
By Tom McParland | August 1, 2018
Recent allegations of sexual harassment by CBS Corp. chief executive Leslie Moonves have brought increased scrutiny to the legal saga unfolding in the Delaware Court of Chancery over control of the New York-based broadcaster.
Delaware Business Court Insider | News
By Tom McParland | July 31, 2018
The ruling reflected the state Supreme Court's preference for using deal price as the best indicator of fair value in cases that involve a competitive sale process.
Delaware Business Court Insider | News
By Tom McParland | July 31, 2018
All five justices sided with TIAA and its McKool Smith attorneys, rejecting an appeal that settlement payments are uninsurable disgorgements under New York law.
Delaware Business Court Insider | News
By Tom McParland | July 27, 2018
The board of CBS Corp., already embroiled in a fierce legal battle with its controlling shareholder, on Friday indicated that it would investigate allegations of misconduct against CEO Leslie Moonves in response to a forthcoming article by The New Yorker.
Delaware Business Court Insider | News
By Tom McParland | July 27, 2018
A federal jury in Delaware has ordered daily deal website operator Groupon Inc. to pay $82.5 million for infringing four IBM patents dating back to the early days of the internet, in a case that has been closely watched by the tech industry.
Delaware Business Court Insider | News
By Tom McParland | July 27, 2018
An investor in Facebook Inc. this week sued for access to board documents related to the company's alleged mistreatment of personal user data, which has resulted in multiple privacy scandals and contributed to a historic loss in the social network's market value.
Delaware Business Court Insider | News
By Tom McParland | July 26, 2018
The founder of Papa John's International Inc. has sued for access to board documents related to his ouster from the pizza chain, after it was reported that he used a racial slur in a company training session.
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