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February 12, 2014 | Delaware Business Court Insider

Emergency Appeal in Fisker Bankruptcy Denied

A federal judge has blocked Hong Kong billionaire Richard Li's emergency motion to overturn a Delaware bankruptcy court decision limiting how much he could bid for defunct hybrid-sports-car manufacturer Fisker Automotive Holdings Inc.
5 minute read
February 12, 2014 | Delaware Law Weekly

Will Bouchard Be the Only Applicant for Strine's Replacement?

Legal analysts say it's early but Andre G. Bouchard could be the only applicant for the soon-to-be-open chancellor seat on the Delaware Court of Chancery.
4 minute read
February 12, 2014 | Delaware Law Weekly

JNC Resignations Won't Impact Search For New Chancery Court Chancellor

Gov. Jack Markell expects to present his Delaware Court of Chancery chancellor nominee to the General Assembly before lawmakers take a holiday in early April, the governor's chief legal counsel said.
5 minute read
February 05, 2014 | Delaware Business Court Insider

Chancery Dismisses Fraud Claims in Contract Dispute

The Delaware Court of Chancery has dismissed fraud claims alleged by the directors of a New Jersey software company to manage their trust department against its acquiring entity, but allowed the claims of breach of contract and breach of the implied covenant of good faith to move forward. In allowing the claims of breach of implied covenant of good faith to stand, the court held that the plaintiffs sufficiently pleaded that the defendants' actions may have impacted post-acquisition revenue targets.
5 minute read
February 05, 2014 | Delaware Law Weekly

Young Conaway Associate to Present on Social Media Ethics

Margaret (Molly) DiBianca of Young Conaway Stargatt & Taylor is set to present a "Social Media Ethics Update" as part of the Rubenstein-Walsh Professional Ethics Seminar, sponsored by the Delaware Bar Association and the St. Thomas More Society.
1 minute read
January 29, 2014 | Delaware Business Court Insider

Bids for Fisker Capped at $25 Mil. by Bankruptcy Judge

A secured creditor's bid for defunct hybrid-sports-car manufacturer Fisker Automotive Holdings Inc. must be limited to $25 million, the U.S. Bankruptcy Court for the District of Delaware has ruled.
4 minute read
January 22, 2014 | Delaware Business Court Insider

Chancery Court Upholds Exclusive Forum Provision

The Delaware Court of Chancery has affirmed the validity of an exclusive forum provision requiring any disputes between an engineering company and its client to be resolved by a Delaware state or federal court. In its ruling, the Chancery Court granted the engineering company's motion to declare that the Delaware forum provision trumped a separate agreement between the two parties that applied Georgia law to any possible litigation.
5 minute read
January 15, 2014 | Delaware Law Weekly

Widener Law Honors LGBT Civil Rights Advocates

Widener University School of Law's Delaware campus honored two civil rights advocates, who have been leaders in the movement for LGBT equality, during a program that recognized their contributions to Delaware.
1 minute read
January 15, 2014 | Delaware Law Weekly

Speculation for Next Chancellor Centers on Four Likely Candidates

Delaware Court of Chancery Chancellor Leo E. Strine Jr. has not even been confirmed to be the next state Supreme Court chief justice, but speculation has already started on who will succeed him as the head of the nation's preeminent business court. The search for a new chancellor won't begin for weeks or possibly even months, but legal analysts see four candidates as likely to seek the position.
5 minute read
January 02, 2014 | Delaware Business Court Insider

Certain Shareholder Claims in Primedia Case to Proceed

Primedia Inc. shareholders can pursue direct claims alleging that the company's board and its largest shareholder, Kohlberg Kravis Roberts & Co., acted on inside information in purchasing $30.5 million in stock in July 2002, the Delaware Court of Chancery has ruled.
5 minute read

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