by VeloCap Media | Mar 14, 2007 | Law Updates, LU07
Documents: Highland Select Equity Fund, L.P. v. Motient Corp., C.A. No. 2092-VCL, Lamb, V.C. (Del. Ch. Mar. 14, 2007) On remand from the Delaware Supreme Court, the Court clarified that an information request under 8 Del. C. § 220 did not have a proper purpose where...
by VeloCap Media | Mar 5, 2007 | Law Updates, LU07
Document: Openwave Sys. Inc. v. Harbinger Capital Partners Master Fund I, Ltd., C.A. No. 2690-N, Lamb, V.C. (Del. Ch. Mar. 5, 2007) In an action contesting the election of directors pursuant to 8 Del. C. § 225, the Court denied a motion for summary judgment regarding...
by VeloCap Media | Mar 1, 2007 | Law Updates, LU07
Document: Matria Healthcare, Inc. v. Coral SR LLC, C.A. No. 2513-N, Noble, V.C. (Del. Ch. Mar. 1, 2007) The Court ruled on motions to dismiss and to compel arbitration relating to a merger agreement, holding that the dispute must be arbitrated pursuant to the plain...
by VeloCap Media | Mar 1, 2007 | Law Updates, LU07
Document: Valeant Pharm. Int’l v. Jerney, C.A. No. 19947, Lamb, V.C. (Del. Ch. Mar. 1, 2007) The Court held, in a post-trial opinion, that bonuses paid to directors and executives relating to the IPO of a core business of a corporation were not entirely fair, and the...
by VeloCap Media | Feb 6, 2007 | Law Updates, LU07
Document: Ryan v. Gifford, C.A. No. 2213-N, Chandler, C. (Del. Ch. Feb. 6, 2007) The Court ruled on motions to stay and to dismiss derivative claims of breach of fiduciary duties and disclosure duties based on alleged stock option backdating. The Court refused to...
by VeloCap Media | Feb 6, 2007 | Law Updates, LU07
Document: In re Tyson Foods, Inc. Cons. S’holder Litig., Cons. C.A. No. 1106-N, Chandler, C. (Del. Ch. Feb. 6, 2007) The Court ruled on a motion to dismiss plaintiffs’ derivative claims for breach of the duty of loyalty (including the alleged issuance of “spring...
