by The Delaware Counsel Group, LLC | Oct 12, 2006 | Law Updates, LU06
Documents: Polygon Global Opportunities Master Fund v. West Corp., C.A. No. 2313-N, Lamb, V.C. (Del. Ch. Oct. 12, 2006) A DGCL § 220 information request made by an arbitrage hedge fund on a public company on the verge of a going-private transaction was denied because...
by The Delaware Counsel Group, LLC | Oct 12, 2006 | Law Updates, LU06
Documents: Berger v. Intelident Solutions, Inc., C.A. No. 1527-N, Lamb, V.C. (Del. Ch. Oct. 12, 2006) Applying Florida law, the Court refused to dismiss fiduciary duty claims under a Florida statute which sets forth that absent fraud or a breach of statutory protocol,...
by The Delaware Counsel Group, LLC | Oct 11, 2006 | Law Updates, LU06
Documents: Energy Partners, Ltd. v. Stone Energy Corp., C.A. Nos. 2402-N and 2374-N, Parsons, V.C. (Del. Ch. Oct. 11, 2006) In an expedited, consolidated dispute over the validity of an alleged no-talk or no-shop clause in a merger agreement, the Court granted a...
by The Delaware Counsel Group, LLC | Oct 11, 2006 | Law Updates, LU06
Documents: In re Tele-Communications, Inc. S’holders Litig., C.A. No 16470, Chandler, C. (Del. Ch. Oct. 11, 2006) The Court of Chancery denied the plaintiff’s motion to substitute the estate of a defendant director for the deceased director where the plaintiffs failed...
by The Delaware Counsel Group, LLC | Oct 10, 2006 | Law Updates, LU06
Documents: Abbey v. Skokos, C.A. No. 2207-N, Chandler, C. (Del. Ch. Oct. 10, 2006) The Court stayed a dispute relating to a limited partnership in favor of a prior filed action in Federal Court.
by The Delaware Counsel Group, LLC | Sep 20, 2006 | Law Updates, LU06
Document: Cornerstone Brands, Inc. v. O’Steen, C.A. No. 1501-N, Chandler, C. (Del. Sept. 20, 2006) The Court denied a motion to dismiss for lack of subject matter jurisdiction as to claims based on an agreement which granted stock options to a former employee,...
