by VeloCap Media | Feb 26, 2010 | Law Updates, LU10
Document: PT China LLC v. PT Korea LLC, et al., C.A. No. 4456 – VCN, Noble, V.C. (Del. Ch. Feb. 26, 2010) In this case involving claims by members and managers of a Delaware limited liability company (the “LLC”), a third-party defendant who was a manager of the...
by VeloCap Media | Feb 26, 2010 | Law Updates, LU10
Document: Selectica Inc. v. Versata Enterprises, Inc., et al., C.A. No. 4241-VCN, Noble, V.C. (Del. Ch. Feb. 26, 2010) This action arises out of the adoption of a rights agreement or “poison pill” by the plaintiff company’s Board in order to preserve certain net...
by VeloCap Media | Feb 24, 2010 | Law Updates, LU10
Document: Kelly v. Blum, et al., C.A. No. 4516 – VCP, Parsons, V.C. (Del. Ch. Feb. 24, 2010) This action, brought as an individual and derivative action on behalf of the nominal defendant limited liability company (“LLC”), challenged a merger involving the LLC. ...
by VeloCap Media | Feb 15, 2010 | Law Updates, LU10
Document: Whittington v. Dragon Group L.L.C., et al., C.A. No. 2291-VCP, Parsons, V.C. (Del. Ch. Feb. 15, 2010) This matter was on remand from the Delaware Supreme Court, which had reversed the Court of Chancery’s holding that a three-year statute of limitations was...
by VeloCap Media | Feb 9, 2010 | Law Updates, LU10
Document: Kurz, et al. v. Holbrook, et al., C.A. No. 5019-VCL, Laster, V.C. (Del. Ch. Feb. 9, 2010) After trial, the Court ruled on the parties competing requests for relief under Section 225 of the DGCL as to the composition and control of the Board of EMAK...
by VeloCap Media | Jan 29, 2010 | Law Updates, LU10
Document: Great American Opportunities, Inc. v. Cherrydale Fundraising, LLC, et al., C.A. No. 3718-VCP, Parsons, V.C. (Jan. 29, 2010) This action involved claims by plaintiff, the acquiror of substantially all of the assets of Kathryn Beich Inc. (“KB”), against third...