by The Delaware Counsel Group, LLC | Sep 23, 2008 | Law Updates, LU08
Document: In re Seneca Investments LLC, C.A. No. 3624-CC, Chandler, C. (Del. Ch. Sept. 23, 2008) Petitioner, a former Chief Executive Officer of Seneca Investments LLC (“Seneca”), sought judicial dissolution of Seneca because the company was functioning only as a...
by The Delaware Counsel Group, LLC | Sep 23, 2008 | Law Updates, LU08
Document: Weir v. JMACK, Inc., et al., C.A. No. 3263-CC, Chandler, C. (Del. Ch. Sept. 23, 2008) Plaintiff, one of three shareholders in the corporation JMACK (“JMACK”), petitioned the Court to appoint a receiver and dissolve the solvent corporation under allegations...
by The Delaware Counsel Group, LLC | Sep 19, 2008 | Law Updates, LU08
Document: In Re Loral Space and Communications Inc. Consolidated Litigation, C.A. No. 2808-VCS, Strine, V.C. (Del. Ch. Sept. 19, 2008) Defendant MHR Fund Management LLC (“MHR”), a controlling stockholder of Loral Space and Communications, Inc. (“Loral”), negotiated a...
by The Delaware Counsel Group, LLC | Sep 19, 2008 | Law Updates, LU08
Document: In Re Loral Space and Communications Inc. Consolidated Litigation, C.A. No. 3022-VCS, Strine, V.C. (Del. Ch. Sept. 19, 2008) Decided alongside the Loral matter discussed below, Plaintiff noteholders of Loral Space and Communications Inc. (“Loral”) and its...
by The Delaware Counsel Group, LLC | Sep 11, 2008 | Law Updates, LU08
Document: Amirsaleh v. Board of Trade of City of New York, Inc. and Intercontinental Exchange, Inc., C.A. No. 2822-CC, Chandler, C. (Del. Ch. Sept. 11, 2008) Plaintiff brought suit to compel conversion of his membership interests in the defendant Board of Trade of the...
by The Delaware Counsel Group, LLC | Sep 10, 2008 | Law Updates, LU08
Document: In re Countrywide Corp. Shareholders Litigation, C.A. No. 3464-VCN, Noble, V.C. (Del. Ch. Sept. 10, 2008) Five former shareholders objected to the proposed settlement of an action for breaches of fiduciary duty relating to Bank of America’s acquisition of...
