by The Delaware Counsel Group, LLC | Jul 3, 2007 | Law Updates, LU07
Document: Robotti & Co., LLC v. Gulfport Energy Corp., C.A. No. 1811-VCN, Noble, V.C. (Del. Ch. July 3, 2007) Ruling on a books and records request, the Court permitted a stockholder to review corporate board minutes relating to a stock offering where the...
by The Delaware Counsel Group, LLC | Jul 2, 2007 | Law Updates, LU07
Document: AT&T Corp. v. Clarendon Am. Ins. Co., No. 567, 2006, Jacobs, J. (Del. July 2, 2007) The Delaware Supreme Court reversed the decision of the Superior Court dismissing, for failure to state a claim, an action to recover settlement amounts and attorneys’...
by The Delaware Counsel Group, LLC | Jun 19, 2007 | Law Updates, LU07
Document: Seidensticker v. The Gasparilla Inn, Inc., C.A. No. 2555-CC, Chandler, C. (Del. Ch. June 19, 2007) The Court granted a stockholder plaintiff’s motion for partial summary judgment requesting a declaration that the stockholder owned his shares free of...
by The Delaware Counsel Group, LLC | Jun 15, 2007 | Law Updates, LU07
Document: In re: Lear Corporation S’holders Litig., C.A. No. 2728-VCS, Strine, V.C. (Del. Ch. June 15, 2007) The Court refused to issue a preliminary injunction based on claims that directors breached their duty to achieve the best sale price for the corporation,...
by The Delaware Counsel Group, LLC | Jun 9, 2007 | Law Updates, LU07
Document: In re: The Topps Company S’holders Litig., C.A. No. 2786-VCS, Strine, V.C. (Del. Ch. May 9, 2007) The Court denied a motion to dismiss or stay the Delaware branch of class action litigation where courts of another state had refused to stay the foreign...
by The Delaware Counsel Group, LLC | Jun 8, 2007 | Law Updates, LU07
In re: World Health Alternatives, Inc., Case No. 06-10166(PJW) Gross, U.S.B.J. (Bankr. D. Del. June 8, 2007) The Court denied a motion for preliminary injunction, where the bankruptcy trustee failed to show a reasonable probability of success on the merits that...