by VeloCap Media | 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 VeloCap Media | 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 VeloCap Media | 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 VeloCap Media | 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 VeloCap Media | 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...
by VeloCap Media | 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...
