by The Delaware Counsel Group, LLC | Apr 5, 2006 | Law Updates, LU06
Documents: Paul S. Levy, et al. v. Hayes Lemmerz International, Inc., et al. Del. Ch., C.A. No. 1395-N (April 5, 2006) The directors filed this suit seeking an order requiring both the old and new companies to indemnify them for their settlement expenses. The...
by The Delaware Counsel Group, LLC | Mar 28, 2006 | Law Updates, LU06
Document: Big Lots Stores, Inc. v. Bain Capital Fund VII, LLC, et al. Del. Ch., C.A. No. 1081-N (March 28, 2006) As the holder of the $45 million note, the selling corporation is the largest unsecured creditor in the bankruptcy proceeding. The seller brings this...
by The Delaware Counsel Group, LLC | Mar 21, 2006 | Law Updates, LU06
Document: G. William Carlson, et al v. Charles Hallinan et al Del. Ch., C.A. No. 19808 and 19466 (March 21, 2006) This direct and derivative action arises out of a dispute between two men engaged in the business of making short term, unsecured loans. Plaintiffs had...
by The Delaware Counsel Group, LLC | Mar 17, 2006 | Law Updates, LU06
Document: Highland Legacy Limited v. Steven G. Singer, et al. and Motient Corporation Del. Ch., C.A. No. 1566-N (March 17, 2006) A large stockholder brought this derivative action alleging that the directors committed corporate waste by paying exorbitant fees and...
by The Delaware Counsel Group, LLC | Mar 10, 2006 | Law Updates, LU06
Document: Horbal, et al. v. Three Rivers Holdings, Inc., et al. Del. Ch., C.A. No. 1273-N (March 10, 2006) The complaint alleges that these co-investors then abused their positions by siphoning off tens of millions of dollars from the HMO in the form of disguised...
by The Delaware Counsel Group, LLC | Feb 22, 2006 | Law Updates, LU06
Document: Canadian Commercial Workers Industry Pension Plan v. Eric Alden, et al. and Case Financial, Inc. Del. Ch., C.A. No. 1184-N (February 22, 2006) Derivative action by ____ of Case Financial against former directors of Case Financial. Plaintiff asserted claims...
