by VeloCap Media | 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 VeloCap Media | 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 VeloCap Media | 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 VeloCap Media | 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 VeloCap Media | 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...
by VeloCap Media | Feb 14, 2006 | Law Updates, LU06
Document: Abry Partners V, L.P. v. F&W Acquisitions LLC, C.A. No. 1756 (February 14, 2006) Buyer in the sale of a corporation sought to rescind the Stock Purchase Agreement (“SPA”) based on false statements contained within the agreement. The seller moved to...
