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December 01, 2008 |

Big Suits

California et al. v. Countrywide et al.; Oregon et al. v. Eli Lilly; Hexion v. Huntsman
14 minute read
October 19, 1999 |

Financial Health For Planet Hollywood Not in the Stars

Movie-theme restaurant chain Planet Hollywood International Inc., which boasted high-powered film stars Bruce Willis, Arnold Schwarzenegger and Sylvester Stallone among its owners, brought the curtain down on its continuing business woes by seeking bankruptcy court protection in Delaware. The restaurant chain ran into financial problems when it tried to expand just as consumers were losing interest in Planet Hollywood's glitzy, movie-land motif, experts said.
3 minute read
November 21, 2000 |

Grabbing Florida Recount by the LAPEL

While scads and scads of lawyers descended on Florida to thrash out the presidential vote in the courts, a contrary voice arose from some Delaware attorneys, "Hell no, we won't go!" This lonely protest came from LAPEL -- Lawyers Against Presidential Election Litigation, which believes that elections are to be resolved as a matter of politics, not litigation.
5 minute read
November 23, 1999 |

Lucent Wins $9.59 Million Patent Verdict

Telecommunications equipment maker Newbridge Networks was hit with $9.59 million in damages for infringing on rival Lucent Technologies' patented systems for moving data through phone networks. A jury in federal court in Delaware found Newbridge intentionally infringed on Lucent's technology for making switches that move multimedia data through telephone networks at high speed. Chief U.S. District Court Judge Joseph Farnan Jr. could triple the award to $28.7 million after considering post-trial arguments.
2 minute read
October 05, 2001 |

USA Networks Suit Could Set Precedent

In what appears to be the first lawsuit to use the Sept. 11 terrorist attacks as a rationale for ending a merger, USA Networks is asking the Delaware Court of Chancery to void its acquisition of National Leisure Group on the grounds the incident has altered the economics of the agreement. Legal experts said the suit could establish a precedent for what types of events a "material adverse change" clause covers.
4 minute read
November 12, 2002 |

Judge OKs Budget Sale to Cendant

On Friday, a judge in Delaware approved the $3.4 billion sale of most of the assets of Daytona Beach, Fla.-based Budget Group Inc. to New York financial services and travel giant Cendant Corp. Cendant is slated to pay $110 million in cash and assume a $2.7 billion fleet financing agreement; it emerged as the sole bidder under a � 363 auction under the U.S. Bankruptcy Code in October.
3 minute read
June 20, 2013 |

The Bankruptcy Files: Autos, Fat Lasers, and Retailers

Two key lateral hires by DLA Piper in 2011 helped the firm pick up the lead debtors' counsel role to Orchard Supply Hardware Stores, which filed for bankruptcy this week and sought to sell the bulk of its assets to rival Lowe's. Other Am Law 200 firms like Andrews Kurth, Ice Miller, Latham, and Skadden are advising Carbon Motors, Exide Technologies, OnCure Holdings, and Primcogent Solutions in their Chapter 11 cases.
13 minute read
June 08, 2006 |

3rd Circuit Denies Fired Teacher's Suit Over Support for Abortion Rights

A former Catholic school teacher who was fired for expressing her support of abortion rights in a newspaper ad may not sue the school under Title VII because such a claim would force the courts to rule on the validity of a religious institution's beliefs, the 3rd Circuit has ruled. The court rejected the plaintiff's argument that Title VII's "opposition clause" protects any employee who has had an abortion, who contemplates having an abortion or who supports the right of women who do so.
5 minute read
October 30, 2001 |

Sleet Approves $46.6 Million Patent Award

A federal judge in Wilmington, Del., affirmed a jury verdict awarding Honeywell International Inc. $46.6 million in a patent infringement case against Hamilton Sundstrand Corp., an aerospace design and manufacturing company. U.S. District Judge Gregory Sleet also refused to award Honeywell treble damages even though the jury labeled Hamilton's infringement of two Honeywell airplane auxiliary power unit patents willful.
5 minute read
May 01, 2013 |

Deals & Suits

18 minute read

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