by VeloCap Media | Jul 18, 2012 | Law Updates, LU12
Document: In re Appraisal of The Orchard Enterprises, Inc., C.A. No. 5713-CS (Del. Ch. July 18, 2012) The Delaware Court of Chancery rejected respondent’s argument that the value of the liquidation preference of its preferred stockholders should be deducted from...
by VeloCap Media | Jun 25, 2012 | Law Updates, LU12
On June 25, 2012, the Governor of the State of Delaware signed a bill into law that will make a number of amendments to the General Corporation Law of the State of Delaware (the “DGCL”) effective August 1, 2012. The amendments will enhance the...
by VeloCap Media | Jun 11, 2012 | Law Updates, LU12
Document: Louisiana Municipal Police Retirement Sys., et al. v. Pyott, et al., C.A. No. 5795-VCL (Del. Ch. June 11, 2012) The Delaware Court of Chancery found that plaintiffs’ allegations that the board of directors of Allergan, Inc. (“Allergan”)...
by VeloCap Media | Jun 7, 2012 | Law Updates, LU12
Document: Pryor v. IAC/InterActiveCorp, C.A. No. 6884-CS (Del. Ch. June 7, 2012) The Delaware Court of Chancery held that the delivery of notice of an arbitral award to a person appointed as a stockholder representative under a stockholders’ agreement was...
by VeloCap Media | May 29, 2012 | Law Updates, LU12
Document: Paul v. Delaware Coastal Anesthesia, LLC, C.A. No. 7084-VCG (Del. Ch. May 29, 2012) The Delaware Court of Chancery dismissed plaintiff’s claim that an action by written consent of three of the four members of Delaware Coastal Anesthesia, LLC...
by VeloCap Media | May 29, 2012 | Law Updates, LU12
Central Laborers Pension Fund v. News Corp., C.A. No. 682, 2011 (Del. May 29, 2012) The Delaware Supreme Court affirmed the Chancery Court’s dismissal of plaintiff’s action to inspect the books and records of defendant News Corporation (“News Corp.”),...
