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Nortel Employee Blocked From Boosting Claim in Bankruptcy
The U.S. Court of Appeals for the Third Circuit on Friday blocked a former employee of a Nortel Networks Inc. from boosting his claim for long-term disability benefits as a part of the company's lengthy and expensive cross-border bankruptcy proceedings in Delaware.U.S. Judge Clears Way for Patent Suit Against Amazon
A federal magistrate judge in Delaware has recommended that Amazon.com Inc. and others not be allowed to escape an infringement case over technology company Kaavo's cloud computing patent, saying open questions of fact precluded an early dismissal of the suit.Abbott Sues Alere, Charging Failure to Disclose Docs After Merger Agreed
Abbott Laboratories has sued Alere Inc. for breach of contract over its alleged refusal to turn over documents relating to federal investigations that surfaced after the companies agreed to merge earlier this year.Half-Dozen Firms Lace Up for Sports Equipment Bankruptcy
Performance Sports Group Ltd., maker of Bauer ice hockey gear and Easton baseball equipment, filed for bankruptcy Monday as part of a plan to sell itself for $575 million to stalking horse bidders Fairfax Financial Holdings Ltd. and Sagard Capital Partners LP.Ex-Vice Chancellor Parsons Writes Chapter in M&A Book
Morris, Nichols, Arsht & Tunnell senior counsel Donald F. Parsons Jr. co-authored the "Activist Stockholders, Corporate Governance Challenges and Delaware Law" chapter in the new mergers and acquisitions book, "Research Handbook on Mergers and Acquisitions."Deal Watch: Lobbyists Heed Call for AT&T, DFS
A look at the big firms behind the latest billion-dollars deals announced within the past week, including AT&T's proposed $108.7 billion buy of Time Warner Inc. The mega-deal, which will likely receive a robust regulatory review, should be a boon to lobbyists for both companies.Morris Nichols Attorneys Speak at Trust Conference
Morris, Nichols, Arsht & Tunnell is a sponsor of the annual Delaware Trust Conference in Wilmington, with two firm attorneys scheduled to speak at the event.Oil Drilling Patent Infringement Case to Stay in Delaware
A lawsuit accusing Baker Hughes Inc. of infringing on two patents for oil and gas drilling equipment will proceed in Delaware, a federal judge ruled this week.Endo Prevails in Patent Fight With Two Rivals Over Opioid Pain Medication
A Delaware federal judge on Oct. 7 upheld Endo Pharmaceuticals Inc.'s patent for its opioid painkiller Opana ER, rejecting arguments by Amneal Pharmaceuticals and Teva Pharmaceuticals USA that the patent claim was invalid as obvious and that Teva had obtained permission to use its active ingredient.Laster Rejects Challenge to Books-A-Million Going-Private Merger
The Delaware Court of Chancery invoked the business judgment rule in dismissing with prejudice a challenge to Books-A-Million Inc.'s $21 million by a controlling shareholder in a going-private merger, finding that a special committee's handling of the acquisition could not possibly be viewed as waste.Trending Stories
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