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Delaware Business Court Insider

Dell Agrees to Record $1B Cash Settlement With Shareholders Before Chancery Trial

Attorneys with Quinn Emanuel Urquhart & Sullivan and Labaton Sucharow are co-lead counsel for plaintiffs who held a total of about 200 million shares in the computer maker.
3 minute read

Daily Business Review

Trump Strikes New Overseas Deal and Raises Old Ethics Issue

Unlike Donald Trump's build-and-own ventures earlier in his career, licensing offers a relatively easy and risk-free way to generate cash assuming his brand remains strong.
3 minute read

Delaware Business Court Insider

TransPerfect, in Petition to SCOTUS, Says Chancery Sanction 'Threatens to Warp Complex Corporate Litigation'

Ex-Chancellor Andre Bouchard, who retired from the court last year, imposed sanctions on TransPerfect and Shawe in October 2019, ultimately leading to a contempt fee of more than $1.1 million. The company is asking for that to be wiped out.
3 minute read

Daily Business Review

What Attorneys Need to Know About Global Hotel Transactions

As global hotel acquisitions increase, panelists at the 2022 International Bar Association Conference in Miami Beach said there are some key things to consider as deals are made across different jurisdictions.
6 minute read

Daily Business Review

Miami IBA on Real Estate: The Challenges of Investing in Infrastructure Projects in Developing Countries

As many governments hire foreign contractors for projects, that can create issues such as cultural differences, lack of financing from lenders and a difference in laws, which can lead to disputes and project delays.
4 minute read

Delaware Business Court Insider

BuzzFeed Won't Be Held to Arbitration Mandates in Ex-Employees' Contracts

Agreements signed before the company was acquired by a SPAC can't force the dispute over former executives' participation in an IPO into arbitration, Vice Chancellor Morgan Zurn said.
4 minute read

Delaware Law Weekly

GameStop Sued for Breaching Software Contract, Leaving Over $600K Unpaid

It's the second case to be filed in the district court this year claiming GameStop has failed to pay for services it contracted. The company reported a net loss of over $519 million in the last quarter.
2 minute read

Delaware Law Weekly

Superior Court Rules Verizon to Recover $120M From Insurers

"The securities claim definition at issue here is in a standard form that is used by policyholders across the country," said Keith McKenna, a partner at Cohen Ziffer Frenchman & McKenna.
4 minute read

Delaware Business Court Insider

GNC Shareholder Files RICO Claims in Delaware Federal Court, Alleging 'Sham' Bankruptcy

The proposed class of GNC shareholders, those who held Class A common stock between February 2018 and June 2020, is represented by New Jersey attorney John Tang, who is also a named plaintiff in the case, owning nearly 8% of GNC's stock.
3 minute read

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