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Bouchard Orders American Apparel Founder to Repay $19.5M Loan
Former American Apparel CEO Dov Charney could have to pay up to $19.5 million that he owes to a hedge fund from a fight to regain control of the company he helped to found, Delaware's Court of Chancery has ruled.
Del. Agrees to Pay $7.5M to Settle Prison-Insurrection Wrongful Death Suit
The Delaware Department of Correction on Friday evening announced that it had reached a $7.5 million settlement to resolve a wrongful death and workers' compensation lawsuit by the survivors of the deadly Feb. 1 takeover of James T. Vaughn Correctional Center.
Bernstein Litowitz Finds Role for Investors in Fight Against Sexual Harassment
Can the threat of investor litigation solve sexual harassment problems in the corporate world?
Supreme Court Looks to Deal Price in Reversing Dell Appraisal Ruling
The Delaware Supreme Court on Thursday panned a vice chancellor's decision to completely disregard the deal price in an appraisal ruling last year that found Michael Dell and private equity firm Silver Lake Partners had shortchanged investors in a going-private merger of Dell Inc. in 2013.
Third Circuit Denies Rehearing in DuPont Price-Fixing Case
The Third Circuit on Wednesday denied Valspar Corp.'s request for an en banc rehearing of a decision to toss a $176 million antitrust lawsuit accusing DuPont of conspiring to fix the price of a paint ingredient.
Glasscock Blocks Direct Route to High Court for Bid to Amend Order Limiting Use of Discovery
A Delaware Court of Chancery judge said Monday that a defendant's attempt to modify a protective order so it could pursue fraud claims in Illinois should not go directly to the state Supreme Court because it had not raised a novel issue under Delaware law.
Del. Judge Greenlights Fraud Suit in Sale of Struggling Business
A Delaware state judge has allowed Novipax Holdings to proceed with a lawsuit stemming from its $80 million acquisition of a competitor's foam tray business, finding the Illinois manufacturer had viable claims for fraud and breach of contract.
Del. Supreme Court Upholds Derivative Suit Dismissal Based on Board Composition
The Delaware Supreme Court on Monday upheld the dismissal of derivative litigation against the directors of a health care technology company in a case…
Sleet Tosses Challenge to Fannie, Freddie Bailout Repayment
A Delaware federal judge on Monday dismissed a derivative shareholder lawsuit challenging the U.S. government's ability to seize all of the quarterly profits generated by Fannie Mae and Freddie Mac after the companies' bailout in the financial crisis.
Glasscock Stays Decision on Shareholder Suit, Awaiting Federal Regulatory Action
A Delaware vice chancellor on Monday delayed making his ruling on a shareholder suit accusing Straight Path Communications Inc. of allowing its controller to funnel "hundreds of millions" of dollars' worth of assets away from the company as a part of its planned $3.1 billion sale to Verizon.Trending Stories
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