by The Delaware Counsel Group, LLC | Jul 31, 2007 | Law Updates, LU07
Document: Thompson v. The Williams Companies, Inc., C.A. No. 2716-VCS, Strine, V.C., (Del. Ch. July 31, 2007) After trial, the Court dismissed an employee’s claims for advancement where the corporation’s by-laws permitted advancement upon the terms and conditions that...
by The Delaware Counsel Group, LLC | Jul 27, 2007 | Law Updates, LU07
Document: Friendly Ghost Enter., LLC v. McWilliams, C.A. No. 2935-VCN, Noble, V.C. (Del. Ch. July 27, 2007) The Court, on a motion for reargument, stayed an action in the Court of Chancery pending the outcome of arbitration in New York, where recent precedent by the...
by The Delaware Counsel Group, LLC | Jul 25, 2007 | Law Updates, LU07
Document: Ropp v. King, C.A. No. 2536-VCN, Noble, V.C. (Del. Ch. July 25, 2007) The Court granted a motion to dismiss an appeal from an order issued by the Delaware State Department of Justice, Division of Securities, which found that the defendants did not violate...
by The Delaware Counsel Group, LLC | Jul 20, 2007 | Law Updates, LU07
Document: NAMA Holdings, LLC v. World Mkt. Center Venture, LLC, C.A. No. 2756-VCL, Lamb, V.C., (Del. Ch. July 20, 2007) Ruling on a books and records request under Nevada law, the Court permitted the managing member of the defendant LLC to limit the inspection of...
by The Delaware Counsel Group, LLC | Jul 20, 2007 | Law Updates, LU07
Document: Lillis v. AT&T Corp., C.A. No. 717-VCL, Lamb, V.C. (Del. Ch. July 20, 2007) The Court awarded option holders the value of stock options based on the Black-Scholes method, where the corporation, by way of a merger, cancelled options that had strike prices...
by The Delaware Counsel Group, LLC | Jul 20, 2007 | Law Updates, LU07
Document: Cobalt Operating, LLC v. James Crystal Enter., LLC., C.A. No. 714-VCS, Strine, V.C., (Del. Ch. July 20, 2007) The Court awarded the plaintiff, the purchaser of a radio station, the difference between the actual value of the radio station and the sale price,...
