by The Delaware Counsel Group, LLC | Jan 27, 2010 | Law Updates, LU10
Document: Harris v. RHH Partners, LP, et al., C.A. No. 1198-VCN, Noble, V.C. (Jan. 27, 2010) Petitioner Harris sought to have the general partner of a limited partnership in which he was the sole limited partner and held a 99% interest replaced or have the partnership...
by The Delaware Counsel Group, LLC | Jan 19, 2010 | Law Updates, LU10
Document: Amirsaleh v. Board of Trade of the City of New York, et al., C.A. No. 2822-CC, Chandler, C. (Jan. 19, 2010) After trial, the Court found that defendants’ conduct did not constitute bad faith and therefore was not a breach of the implied covenant of good...
by The Delaware Counsel Group, LLC | Jan 14, 2010 | Law Updates, LU10
Document: Robotti & Co., LLC v. Liddell, et al. and Gulfport Energy Corp., C.A. No. 3128-VCN, Noble, V.C. (Del. Ch. Jan. 14, 2010) The Court granted the defendants’ motion to dismiss this class and derivative action which challenged a stockholder rights offering....
by The Delaware Counsel Group, LLC | Jan 11, 2010 | Law Updates, LU10
Document: In Re the Dow Chemical Co. Derivative Litig., C.A. No. 4349-CC, Chandler, C. (Del. Ch. Jan. 11, 2010) The Court granted dismissal of all of plaintiffs’ (Dow stockholders) derivative claims, which sought to recover losses on behalf of the Company arising out...
by The Delaware Counsel Group, LLC | Jan 8, 2010 | Law Updates, LU10
Document: Bin v. Heckmann Corp., C.A. No. 4802-CC, Chandler, C. (Del. Ch. Jan. 8, 2010) The Court granted summary judgment in part in favor of plaintiff and found that, notwithstanding that Heckmann’s certificate of incorporation provided for mandatory advancement...
by The Delaware Counsel Group, LLC | Jan 5, 2010 | Law Updates, LU10
Document: In Re Sunbelt Beverage Corp. Shareholder Litig., Consol. C.A. No. 16089-CC, Chandler, C. (Del. Ch. Jan. 5, 2010) Plaintiff brought this consolidated breach of fiduciary duty and appraisal proceeding based on claims that the Sunbelt board cashed out plaintiff...
