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October 05, 2016 |

Geier Blocked from Exercising MultiMillion-Dollar Option to Increase Mozido Stake

The Delaware Court of Chancery on Thursday blocked a bid by a former director of digital-payments firm Mozido to buy a stake in the company now said to be worth millions of dollars, finding he had long ago released any claims against Mozido and its subsidiaries.
12 minute read
October 03, 2016 |

The Delaware Law Weekly Names 2016 Lawyers on the Fast Track

Earlier in the year, The Delaware Law Weekly asked the Delaware legal community to submit nominations for our first Delaware Lawyers on the Fast Track. The nomination forms and any letters of recommendation accompanying them were then sent to a four-member judging panel composed of evaluators from the legal profession and the state.
29 minute read
September 26, 2016 |

Big Deals

118 minute read
September 21, 2016 |

Legal Woes Behind Bankruptcy of Another For-Profit Educator

ITT Educational Services Inc., owner of Indiana's ITT Technical Institute and New Hampshire's Daniel Webster College, filed for bankruptcy on Sept. 16 in Indianapolis. Faegre Baker Daniels has taken the lead for the company in its Chapter 7 liquidation
23 minute read
September 20, 2016 |

Allegation That Inventor Misled PTO Opens Door to Amendment of Complaint

The defendant in a patent infringement case may amend pleadings after discovering that the inventor of disputed green energy products engaged in misconduct during his prosecution of patents, a Delaware federal judge has ruled.
9 minute read
September 15, 2016 |

Three—Not Fore—Firms Bag Roles on Golfsmith's Bankruptcy

Golfsmith International Holdings Inc., one of the nation's largest specialty golf retailers, has filed for bankruptcy in Delaware. Weil, Gotshal & Manges, Canada's Goodmans and Delaware's Richards, Layton & Finger have stepped onto the Chapter 11 green for the company.
15 minute read
August 23, 2016 |

Bouchard Sanctions Shawe for Deleting Evidence, Lying

Delaware Court of Chancery Chancellor Andre G. Bouchard on Wednesday imposed sanctions on embattled TransPerfect Global Inc. co-founder Philip Shawe for destroying evidence and then lying under oath to cover his tracks.
21 minute read
August 22, 2016 |

Tech Company Founder Sanctioned $7.1M in TransPerfect Case

The Delaware Court of Chancery has sanctioned TransPerfect Global co-founder and joint CEO Philip R. Shawe $7.1 million for destroying evidence and lying under oath.
23 minute read
August 16, 2016 |

Chancery Applies DCF Analysis in Appraisal Ruling

The Delaware Court of Chancery again relied on a discounted cash flow analysis last week to determine the fair value of a private company's stock when the parties' experts significantly diverged.
7 minute read
August 11, 2016 |

Deal Watch: Seven Sisters Fly High on Olympic Site Sale

With the 2016 Summer Olympic Games underway in Rio de Janeiro, this week brought news of a sizeable M&A deal with ties to the 2010 Winter Games held in Vancouver.
52 minute read

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