by VeloCap Media | Aug 31, 2012 | Law Updates, LU12
Document: Southern Pennsylvania Transportation Authority v. Volgenau, C.A. No. 6354-VCN (Del. Ch. August 31, 2012) The Delaware Court of Chancery held that plaintiff’s claims that a merger was void for violation of defendant corporation’s certificate of...
by VeloCap Media | Aug 17, 2012 | Law Updates, LU12
Document: Gentili v. L.O.M. Med. Int’l., Inc., C.A. No. 7600-VCG (Del. Ch. Aug. 17, 2012) The Delaware Court of Chancery concluded that stockholder consents purporting to ratify the election of directors at an aborted annual meeting of stockholders of L.O.M. Medical...
by VeloCap Media | Aug 17, 2012 | Law Updates, LU12
Document: In re Synthes, Inc. Shareholder Litig., C.A. No. 6452-CS (Del. Ch. Aug. 17, 2012) The Delaware Court of Chancery rejected plaintiffs’ invitation to apply the entire fairness standard of review to a transaction between a controlled corporation and an...
by VeloCap Media | Aug 16, 2012 | Law Updates, LU12
Document: Policemen’s Annuity and Benefit Fund of Chicago v. DV Realty Advisors LLC, C.A. No. 7204-VCN (Del. Ch. Aug. 16, 2012) The Delaware Court of Chancery rejected a general partner’s claim that the limited partners of a Delaware limited partnership...
by VeloCap Media | Jul 31, 2012 | Law Updates, LU12
Document: Keyser v. Curtis, C.A. No. 7109-VCN (Del. Ch. July 31, 2012) The Delaware Court of Chancery held invalid the creation and issuance of super-voting preferred stock by the sole director of Ark Financial Services, Inc. (“Ark”), an affiliate of...
by VeloCap Media | Jul 27, 2012 | Law Updates, LU12
Document: Tang Capital Partners, LP v. Norton, C.A. No. 7476-VCG (Del. Ch. July 27, 2012) The Delaware Court of Chancery held that a creditor could contractually waive its statutory right to bring an action for the appointment of a receiver under Section 291 of the...
