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Court found no need for judicial interpretation where parties' dispute over working capital calculation merely involved a GAAP issue, and thus the dispute was properly resolved by an independent accountant under the parties' contractual dispute resolution provision.
Court declined to dismiss non-exculpated fiduciary claims where defendants had a clear conflict of interest between continuing to operate the company or sell it and receive a valuable termination payment.
Young Conaway Partner Elected President of the Delaware State Bar Association
Young Conaway Stargatt & Taylor announced that partner Mary F. Dugan has been elected president of the Delaware State Bar Association (DSBA) at the DSBA's annual meeting on June 6.Court denied certification of direct appeal of bankruptcy order to the Third Circuit where the order did not announce a per se rule or conflict with settled precedent.
Court held buyer equally liable for seller's officers' breaches of fiduciary duties where buyer's culpability arose from its breaches of its contractual obligations under a standstill agreement with the seller.
Employment agreements' statement of parties' agreement to arbitrate claims generally and reference to AAA created presumption of parties' intention to delegate questions of substantive arbitrability to the arbitrator.
Plaintiffs could not exercise attorney-client privilege over sell-side emails where the merger agreement expressly contemplated that privilege would remain with the sellers, including defendants.
Plaintiff was not entitled to books and records where record supported finding that parties had failed to reach agreement on essential terms to induct plaintiff as a partner and continued to regard him as an employee.
Microsoft, Activision Blizzard Seek Chancery Approval of $69B Merger
The companies are seeking to end an ongoing, parallel case that an Activision shareholder, the Swedish pension fund Sjunde AP-fonden, has been pursuing since November 2022.Trending Stories
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