by VeloCap Media | Apr 21, 2010 | Law Updates, LU10
Document: Crown EMAK Partners, LLC v. Kurz, Consol. Nos. 64, 2010 and 85, 2010 (Del. Supr. April 21, 2010) In this opinion, the Delaware Supreme Court affirms in part and reverses in part the recent decision of the Court of Chancery addressing various issues arising...
by VeloCap Media | Apr 15, 2010 | Law Updates, LU10
Document: Coughlan v. NXP B.V., No. 5110-CC (Del. Ch. Apr. 15, 2010) In a case involving a lawsuit filed by an appointed stockholders’ representative on behalf of former stockholders, the Court of Chancery held that the stockholders’ representative had standing to...
by VeloCap Media | Apr 13, 2010 | Law Updates, LU10
Document: Orix LF, LP v. Inscap Asset Management, LLC, et al., C.A. No. 5063-VCS, Strine, V.C. (Del. Ch. April 13, 2010) Plaintiff was a member of ISM Advisors, LLC (the “LLC”), which was formed for the purpose of owning an interest in, and managing, an investment...
by VeloCap Media | Apr 6, 2010 | Law Updates, LU10
Document: Nemec v. Shrader, Del. Supr., Nos. 305, 2009 and 309, 2009 (Del. Supr. Apr. 6, 2010) This Delaware Supreme Court opinion affirms the Court of Chancery’s decision dismissing plaintiffs’/appellants’ claims that the defendants/appellees breached their implied...
by VeloCap Media | Mar 30, 2010 | Law Updates, LU10
Document: OneScreen, Inc. v. Hudgens, C.A. No. 4545-VCP (Del. Ch. March 30, 2010) Plaintiff corporation sought to rescind a stock transfer arising out of a loan that was allegedly criminally usurious under Florida law. In a ruling that clarified Delaware law with...
by VeloCap Media | Mar 24, 2010 | Law Updates, LU10
Document: Fletcher Int’l, Ltd. v. ION Geophysical Corp., C.A. No. 5109-VCP, Parsons, V.C. (Del. Ch. March 24, 2010) Plaintiff sought partial summary judgment with respect to its claim that it had the right to consent to the issuance of any security of a subsidiary of...
