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April 14, 2017 | Delaware Business Court Insider

Delaware Court Blocks Theranos Tender Offer Ahead of Fraud Trial

The Delaware Court of Chancery has stopped for now a tender offer that investors said would allow Theranos Inc. to "insulate itself" and hinder their ability to claw back a $96 million investment in the embattled blood-testing company.
20 minute read
April 07, 2017 | Daily Business Review

'Crisis' Looms Without New Bankruptcy Judges, Courts Say

The U.S. Judicial Conference is asking Congress to add four new positions and make another 14 temporary positions permanent to deal with case volumes in select districts.
7 minute read
April 07, 2017 | National Law Journal

'Crisis' Looms Without New Bankruptcy Judges, Courts Say

The U.S. Judicial Conference is asking Congress to add four new positions and make another 14 temporary positions permanent to deal with case volumes in select districts.
3 minute read
April 04, 2017 | Delaware Business Court Insider

Slights Green Lights Shareholder Suit That Alleged Board Conflict in Sale

The Delaware Court of Chancery has allowed a former Saba Software Inc. stockholder to proceed with claims that the company rushed into a conflicted sale amid a regulatory crackdown, finding the director defendants were not entitled to the business-judgment deference, even though investors voted to approve the deal.
10 minute read
April 04, 2017 | Delaware Business Court Insider

Slights Green Lights Shareholder Suit That Alleged Board Conflict in Sale

The Delaware Court of Chancery has allowed a former Saba Software Inc. stockholder to proceed with claims that the company rushed into a conflicted sale amid a regulatory crackdown, finding the director defendants were not entitled to the business-judgment deference, even though investors voted to approve the deal.
4 minute read
March 14, 2017 | Delaware Business Court Insider

Laster Says Surveillance Docs Must Be Produced in Suit Over Control of Energy Co.

Vice Chancellor J. Travis Laster on Monday panned as "not credible" William I. Koch's attempts to avoid turning over documents in a pitched battle over the future of Koch's Oxbow Carbon and ordered the billionaire to produce surveillance records and other information to minority investors fighting to sell their holdings.
18 minute read
March 01, 2017 | Delaware Business Court Insider

Merger Wipes Out Ex-Shareholder's Right to View Books and Records

A former stockholder in Monster Worldwide Inc. lost standing to inspect corporate books and records, when the job-search service was acquired by a global human resources firm, the Delaware Court of Chancery ruled Monday.
12 minute read
February 23, 2017 | Delaware Law Weekly

Actavis' Generic Opioid Infringed on 2 Patents, Judge Rules

A Delaware federal judge on Wednesday ruled that Actavis Laboratories' generic version of Zohydro ER infringed on two patents for the powerful opioid, held by a Pernix Therapeutics Holdings Inc. subsidiary.
9 minute read
February 22, 2017 | Delaware Business Court Insider

Applying 'Corwin' to Mergers and Irrebutable Presumption of Business Judgment Rule

In Corwin v. KKR Financial Holdings,, the Delaware Supreme Court held that the business judgment rule applies to any merger not subject to entire fairness review that has been approved by a fully informed, uncoerced vote of disinterested stockholders.
9 minute read
February 21, 2017 | Delaware Law Weekly

Saul Ewing Picks Up Markell's Former Deputy Legal Counsel

Scott W. Perkins joined Saul Ewing as a partner in the litigation and health care practices. Perkins, who previously served as deputy legal counsel to former Gov. Jack Markell, is resident in the firm's Wilmington office.
3 minute read

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