Delaware Business Court Insider | News
By Tom McParland | October 31, 2017
A shareholder in Bob Evans Inc. on Tuesday filed a proposed class action accusing the company and its board of misleading investors earlier this month in order to secure support for a planned $1.5 billion merger with packaged goods company Post Holdings Inc.
Delaware Business Court Insider | News
By Tom McParland | October 30, 2017
Vice Chancellor J. Travis Laster sided with the investors, who argued a challenge to a proposed $35 million settlement between Good Technology stockholders and deal adviser J.P. Morgan Securities should play out in private.
Delaware Business Court Insider | News
By Tom McParland | October 27, 2017
Disgraced Hollywood producer Harvey Weinstein on Thursday sued The Weinstein Co. in the Delaware Court of Chancery, seeking to access records in order to defend against civil and criminal allegations and to possibly mount a wrongful termination case against the company he founded with his brother in 2005.
Delaware Business Court Insider | News
By Tom McParland | October 25, 2017
The Delaware Court of Chancery on Wednesday dismissed a derivative suit accusing the Viacom Inc. board of waste and breach of fiduciary duty for paying Sumner Redstone $13 million over the course of three years, even as the former chairman's declining health prevented him from providing valuable services to the company.
Delaware Business Court Insider | News
By Tom McParland | October 24, 2017
Marcato Capital Management on Monday sued the manufacturer of UGG boots, Deckers Outdoor Corp., in the Delaware Court of Chancery in a bid to force a vote on the hedge fund's board nominees and avoid more than $120 million in financial penalties against the company.
Delaware Business Court Insider | News
By Tom McParland | Delaware Law Weekly | October 19, 2017
A Delaware federal jury on Wednesday ruled that Plantronics Inc.'s use of distributor agreements did not violate U.S. antitrust laws, rejecting rival GN Netcom Inc.'s claims during a weeklong trial that the headset maker had monopolized the market for sales to North American call centers.
Delaware Business Court Insider | News
By Tom McParland | October 18, 2017
Delaware legal observers this week acknowledged the possibility that derivative litigation stemming from damning allegations of sexual misconduct against Hollywood producer Harvey Weinstein could spill into the Delaware Court of Chancery, which would have jurisdiction over suits involving the Delaware-incorporated company Weinstein helped to found.
Delaware Business Court Insider | News
By Tom McParland | Delaware Business Court Insider | October 16, 2017
A Delaware Court of Chancery judge on Oct. 13 criticized Abrams & Bayliss attorneys for pulling an about-face in a corporate dispute over the composition of the Roma Restaurant Holdings board.
Delaware Business Court Insider | News
By Tom McParland | October 16, 2017
A Delaware federal judge ruled on Oct. 13 that Actavis Laboratories FL Inc. infringed three patents with a planned generic version of the weight-loss drug Contrave, rejecting the company's defense as a "classic case" of hindsight bias.
Delaware Business Court Insider | News
By Tom McParland | Delaware Business Court Insider | October 12, 2017
Universal Health Services Inc. may cite any documents produced in a books-and-records action to support a motion to dismiss expected derivative litigation over the company's alleged practice of committing patients to mental institutions against their will, the Delaware Court of Chancery ruled on Thursday.
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