by The Delaware Counsel Group, LLC | May 2, 2007 | Law Updates, LU07
Document: In re: Appraisal of Transkaryotic Therapies, Inc., C.A. No. 1554-CC, Chandler, C. (Del. Ch. May 2, 2007) The Court, in an appraisal action, denied the respondent’s motion for partial summary judgment holding that beneficial stockholders who purchased stock...
by The Delaware Counsel Group, LLC | May 1, 2007 | Law Updates, LU07
Document: LaPoint v. AmerisourceBergen Corp., C.A. No. 327-CC, Chandler, C. (Del. Ch. May 1, 2007) The Court granted defendant’s motion for partial summary judgment on matters of contract interpretation, and refused to reform language requiring notice after “no less...
by The Delaware Counsel Group, LLC | Apr 30, 2007 | Law Updates, LU07
Document: MBKS Company Ltd. v. Reddy, C.A. No. 1853-VCL, Lamb, V.C. (Del. Ch. Apr. 30, 2007) The Court granted plaintiff stockholders’ motion for partial summary judgment on claims that their stock was not cancelled and that the director did not validly issue stock to...
by The Delaware Counsel Group, LLC | Apr 27, 2007 | Law Updates, LU07
Documents: NAMA Holdings, LLC v. Related World Market Center, LLC, C.A. No. 2755-VCL, Lamb, V.C. (Del. Ch. Apr. 27, 2007) The Court denied a motion to stay or dismiss claims of a third party beneficiary to a limited liability company agreement pursuant to arbitration...
by The Delaware Counsel Group, LLC | Apr 19, 2007 | Law Updates, LU07
Document: CEF 2002 Aircraft, L.L.C. v. RC Leasing LLC, C.A. No. 2567-CC, (Del. Ch. Apr. 19, 2007) The Court amended a preliminary injunction, allowing aircraft companies to operate their planes, where the defendants were not in danger of insolvency and such operation...
by The Delaware Counsel Group, LLC | Apr 4, 2007 | Law Updates, LU07
Document: Abrams v. Sachnoff & Weaver Ltd., No. 564, 2006, Steele, J. (Del. Apr. 4, 2007) The Court affirmed a Court of Chancery decision granting summary judgment to the defendant law firm, which served as counsel in a derivative action, as to claims for legal...