by The Delaware Counsel Group, LLC | Oct 9, 2007 | Law Updates, LU07
Documents: Forsythe v. ESC Fund Mgmt. Co. (U.S.), Inc., C.A. No. 1091-VCL, Lamb, V.C. (Del. Ch. Oct. 9, 2007) The Court denied defendants’ motion to dismiss claims for failure to satisfy the demand requirement in a derivative suit relating to a limited partnership,...
by The Delaware Counsel Group, LLC | Oct 9, 2007 | Law Updates, LU07
Document: Ginsburg v. Philadelphia Stock Exch., Inc., C.A. No. 2202-CC, Chandler, C. (Del. Ch. Oct. 9, 2007) The Court granted a motion made by objectors to a class action settlement, granting the objectors access, subject to a modified confidentiality order, to...
by The Delaware Counsel Group, LLC | Oct 2, 2007 | Law Updates, LU07
Document: Louisiana Mun. Police Employees’ Retirement Sys. v. Countrywide Fin. Corp., C.A. No. 2608-VCN, Noble, V.C. (Del. Ch. Oct. 2, 2007) The Court granted the plaintiffs’ request to inspect the books and records of the defendant corporation, pursuant to 8 Del. C....
by The Delaware Counsel Group, LLC | Oct 2, 2007 | Law Updates, LU07
Document: Baypo Ltd. P’ship v. Tech. JV, LP, C.A. No. 2693-VCL, Lamb, V.C. (Del. Ch. Oct. 2, 2007) The Court stayed claims requesting the reformation of contracts in favor of arbitration, where the parties expressed the clear intention that the issue of the ability to...
by The Delaware Counsel Group, LLC | Sep 28, 2007 | Law Updates, LU07
Documents: In re: Career Educ. Corp. Deriv. Litig., Consol. C.A. No. 1398-VCP, Parsons, V.C. (Del. Ch. Sept. 28, 2007) The Court dismissed a consolidated derivative complaint for failure to allege demand refusal, where the plaintiffs were precluded from litigating the...
by The Delaware Counsel Group, LLC | Sep 14, 2007 | Law Updates, LU07
Documents: Twin Bridges Limited P’ship v. Draper, C.A. No. 2351-VCP, Parsons, V.C. (Del. Ch. Sept. 14, 2007) The Court granted summary judgment to a general partner of a partnership regarding claims requesting the declaration of the validity of an amendment to the...