by The Delaware Counsel Group, LLC | Nov 6, 2006 | Law Updates, LU06
Document: Bryan v. Doar, No. 469, 2006, Holland, J. (Del. Nov. 6, 2006) The Court dismissed the appeal, for lack of standing, by a bankruptcy trustee where the trustee was not a party to the Court of Chancery action that was the subject of the appeal.
by The Delaware Counsel Group, LLC | Nov 6, 2006 | Law Updates, LU06
Document: Stone v. Ritter, No 93, 2006, Holland, J. (Del. Nov. 6, 2006) The Court affirmed the Court of Chancery’s dismissal, for failure to adequately plead demand futility, where the plaintiffs alleged that directors breached their duty of good faith by failing to...
by The Delaware Counsel Group, LLC | Oct 25, 2006 | Law Updates, LU06
Document: JW Acquisitions, LLC v. Shulman, C.A. No. 1712-N, Lamb, V.C. (Del. Ch. Oct. 25, 2006) The Court of Chancery dismissed a claim seeking registration of a transfer of stock under the UCC, where the defendants sought to avoid litigation by consenting to an order...
by The Delaware Counsel Group, LLC | Oct 19, 2006 | Law Updates, LU06
Document: Franklin Balance Sheet Investment Fund v. Crowley, C.A. No. 888-N, Parsons, V.C. (Del. Ch. Oct. 19, 2006) The Court of Chancery granted plaintiffs’ motion to amend the complaint where defendants raised new issues in their reply to the plaintiffs’ response to...
by The Delaware Counsel Group, LLC | Oct 16, 2006 | Law Updates, LU06
Documents: Bakerman v. Sidney Frank Importing Co. Inc., C.A. No. 1844-N, Chandler, C. (Del. Ch. Oct. 16, 2006) The Court dismissed claims of unjust enrichment and tortious interference with contract by a minority member of an LLC relating to a sale of the LLC, but...
by The Delaware Counsel Group, LLC | Oct 16, 2006 | Law Updates, LU06
Document: Smith v. McGee, C.A. No. 2101-S, Chandler, C (Del. Ch. Oct 16, 2006) The Court of Chancery granted the defendant’s partial motion for summary judgment on claims of shareholder oppression and breach of fiduciary duties, where plaintiff could not establish a...
