by VeloCap Media | Aug 25, 2006 | Law Updates, LU06
Document: Superior Vision Services, Inc. v. Reliastar Life Ins. Co., C.A. No. 1668-N, Noble, V.C. (Del. Ch. Aug. 25, 2006) Complaint against 44% stockholder, who refused to consent to waiver of contractual ban on company’s distribution of dividends, failed to state a...
by VeloCap Media | Aug 24, 2006 | Law Updates, LU06
Document: Benihana of Tokyo, Inc. v. Benihana, Inc., No. 36-2006, Berger, J. (Del. Aug. 24, 2006) Affirmed Court of Chancery’s decision that preferred stock was authorized by the company’s certificate of incorporation and board’s approval of the issuance was a valid...
by VeloCap Media | Aug 23, 2006 | Law Updates, LU06
Document: Hillman v. Hillman, C.A. No. 1557-N, Strine, V.C. (Del. Ch. Aug 23, 2006) Complaint seeking declaration that plaintiff remain a limited partner in a partnership after being removed as general partner was dismissed where the partnership agreement did not...
by VeloCap Media | Aug 23, 2006 | Law Updates, LU06
Document: Kaufman v. CA, Inc., C.A. No. 699-N, Lamb, V.C. (Del. Ch. Aug. 23, 2006) Motion to compel books and records under 8 Del. C. § 220 was denied; defendant had already provided substantial number of documents and the plaintiff failed to establish why further...
by VeloCap Media | Aug 22, 2006 | Law Updates, LU06
Document: Wilcox & Fetzer, Ltd. v. Corbett & Wilcox, C.A. No. 2037-N, Parsons, V.C. (Del. Ch. Aug. 22, 2006) Compeled arbitration of a trade name dispute based on an arbitration clause in a stock purchase agreement, notwithstanding the fact that defendant was...
by VeloCap Media | Aug 22, 2006 | Law Updates, LU06
Document: Blue Chip Capital Fund II LP v. Tubergen, C.A. No. 1611-N, Lamb, V.C. (Del. Ch. Aug. 22, 2006) Breach of fiduciary duty claims against directors relating to the amount of a preference distribution were dismissed, where complaint asserted viable contractual...
