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After Oracle's board enacted a bylaw mandating that derivative suits had to be filed in Delaware Chancery Court, the company's lawyers invoked the bylaw in moving to dismiss two San Francisco federal district court derivative suits. No dice, said Judge Richard Seeborg, addressing a question of first impression.
Lawyers at MoFo and Wilmer want an en banc panel of the court to look at U.S. District Judge Lucy Koh's ruling that they say sets a new, high standard for injunctive relief.
LJ International is a truly global company, with a headquarters in Hong Kong, major manufacturing in China, and most of its sales in North America. But for the purposes of a shareholder derivative suit in California state court, the most important fact about the company is that it's incorporated in the British Virgin Islands. Intrigued? Read on!
Samsung, a Korean company, told a San Jose jury Tuesday that Cupertino-based Apple is threatening to ruin the culture of Silicon Valley, as Apple tried to hammer home its copycat claims.
We previously described the trial as a copyright dispute masquerading as a slander case, but a federal jury in Utah said it was plain and simple: Novell never transferred Unix copyrights to SCO, so SCO had no damages claims.
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