by VeloCap Media | Mar 16, 2010 | Law Updates, LU10
Document: Kuroda v. SPJS Holdings, L.L.C., C.A. No. 4030-CC, Chandler, C. (Del. Ch. March 16, 2010) In the second opinion rendered in this matter involving plaintiff’s claim for money pursuant to a limited liability company agreement, the Court considered plaintiff’s...
by VeloCap Media | Mar 11, 2010 | Law Updates, LU10
Document: London, et al. v. Tyrrell, et al. and MA Federal, Inc., C.A. No. 3321-CC, Chandler, C. (Del. Ch. March 11, 2010) After investigation of plaintiffs’ derivative claims, a special litigation committee (“SLC”) formed by nominal defendant MA Federal, Inc....
by VeloCap Media | Mar 8, 2010 | Law Updates, LU10
Document: LC Capital Master Fund, Ltd. v. James, et al., C.A. No. 5214-VCS, Strine, V.C. (Del. Ch. March 8, 2010) Plaintiff, a preferred stockholder of QuadraMed Corporation, sought to enjoin the acquisition of QuadraMed on the grounds that the consideration to be...
by VeloCap Media | Mar 4, 2010 | Law Updates, LU10
Teachers’ Retirement System of Louisiana v. PricewaterhouseCoopers LLP, No. 454, 2009 (Del. Supr. March 4, 2010) In a case involving allegations that the defendant/appellee failed to perform its auditing responsibilities in accordance with professional standards...
by VeloCap Media | Mar 3, 2010 | Law Updates, LU10
Document: Pfeiffer v. Toll, et al. and Toll Brothers, Inc., C.A. No. 4140-VCL, Laster, V.C. (Del. Ch. March 3, 2010) Plaintiff brought this derivative action for damages allegedly suffered by nominal defendant Toll Brothers, Inc. as a result of alleged insider trading...
by VeloCap Media | Mar 3, 2010 | Law Updates, LU10
Document: Edgewater Growth Capital Partners, L.P., et al. v. H.I.G. Capital, Inc. et al., C.A. No. 3601-VCS, Strine, V.C. (Del. Ch. March 3, 2010) Plaintiff shareholders of ATM Acquisition Corporation (“ATM”) filed suit alleging, inter alia, that defendant directors...