by VeloCap Media | Jul 20, 2007 | Law Updates, LU07
Document: NAMA Holdings, LLC v. World Mkt. Center Venture, LLC, C.A. No. 2756-VCL, Lamb, V.C., (Del. Ch. July 20, 2007) Ruling on a books and records request under Nevada law, the Court permitted the managing member of the defendant LLC to limit the inspection of...
by VeloCap Media | Jul 20, 2007 | Law Updates, LU07
Document: Lillis v. AT&T Corp., C.A. No. 717-VCL, Lamb, V.C. (Del. Ch. July 20, 2007) The Court awarded option holders the value of stock options based on the Black-Scholes method, where the corporation, by way of a merger, cancelled options that had strike prices...
by VeloCap Media | Jul 20, 2007 | Law Updates, LU07
Document: Cobalt Operating, LLC v. James Crystal Enter., LLC., C.A. No. 714-VCS, Strine, V.C., (Del. Ch. July 20, 2007) The Court awarded the plaintiff, the purchaser of a radio station, the difference between the actual value of the radio station and the sale price,...
by VeloCap Media | Jul 20, 2007 | Law Updates, LU07
Document: Brandin v. Deason, C.A. No. 2123-VCL, Lamb, V.C. (Del. Ch. July 20, 2007) The Court denied a motion to stay a derivative action relating to stock option backdating in favor of a later-filed parallel proceeding in a Texas federal district court, where...
by VeloCap Media | Jul 20, 2007 | Law Updates, LU07
Document: Fairthorne Maint. Corp. v. Ramunno, C.A. No. 2124-VCS, Strine, V.C. (Del. Ch. July 20, 2007) The Court granted a motion for judgment on the pleadings to the plaintiff, a non-stock development corporation, as to certain claims relating to its property rights...
by VeloCap Media | Jul 19, 2007 | Law Updates, LU07
Document: In re: TD Banknorth S’holders Litig., C.A. No. 2557-VCL, Lamb, V.C. (Del. Ch. July 19, 2007) The Court disapproved of a proposed class action settlement where it found that the plaintiffs were unreasonable in their decision not to prosecute claims of...
