Venezuelan Law Governs Validity of Notes, Indenture, Agreement Governing Debt Issue

Plaintiff failed to plead demand futility due to the lack of directors' personal liability for oversight and corporate waste claims, as the failure to implement a formal policy governing executives' personal use of corporate aircraft did not, by itself, amount to bad faith, and any financial loss from personal use constituted a fraction of a percentage of the company's expenses and profits.

Court affirmed arbitration award where defendants failed to present evidence sufficient to show that the arbitral panel's interpretation of the parties' agreements was palpably incorrect.

Despite Venezuela's opposition leader being recognized by the U.S. as the legitimate leader of the Venezuelan government, the continued exercise of extensive control by the opposition leader and his rival over Venezuela's national oil company meant the company continued as the alter ego of Venezuela and its assets remained subject to attachment to satisfy Venezuela's judgment debts.

The court granted defendant's motion to dismiss because plaintiff shareholders failed to plead facts sufficient to establish a claim for breach of fiduciary duty arising out of employee lawsuits and damaged reputation that resulted from the company's directors' decision to ignore red flags pertaining to a corporate culture that condoned sexual harassment and misconduct.

Party Injured in Auto Collision Adequately Stated Claim Negligently Designed Software Was Proximate Cause

The court denied defendant's motion to dismiss on the grounds that plaintiff shareholders successfully pled facts sufficient to establish a claim for breach of fiduciary duty arising out of a corporate vice president's behavior consisting of condoning sexual harassment and breaching the duty of oversight.

Bona fide purchaser or securities intermediary could not assert UCC defenses to estate's claim to recover death benefit from stranger-originated life insurance policy since Delaware public policy precluded any party from profiting off an illegal wager on human life.

Interpol Is 'Public International Organization', Enjoys Sovereign Immunity Under IOIA

Court denied defendants' motions for summary judgment of non-infringement where the evidence created a triable issue as to whether defendants' accused products met the claim limitation of a "document" because the product applications could have permitted users to edit files in the application.