by The Delaware Counsel Group, LLC | Jul 8, 2008 | Law Updates, LU08
Document: Eugene M. Julian v. Eastern States Construction Service, Inc., C.A. No. 1892-VCP, Parsons, V.C. (Del. Ch. July 8, 2008) The Court interpreted three stockholders agreements between the Plaintiff and his two Defendant brothers, each respectively dealing with...
by The Delaware Counsel Group, LLC | Jul 2, 2008 | Law Updates, LU08
Document: Gila Dweck, et al. v. Albert Nasser and Kids International Corp., C.A. No. 1353-VCL, Lamb, V.C. (Del. Ch. July 2, 2008) The Court held that Defendant Albert Nasser had granted his long-time attorney the requisite authority to enter into the settlement at...
by The Delaware Counsel Group, LLC | Jun 27, 2008 | Law Updates, LU08
Document: David P. Simonetti Rollover IRA v. Margolis, et al., C.A. No. 3694-VCN, Noble, V.C. (Del. Ch. June 27, 2008) The Plaintiff brought a class action suit on behalf of other public holders of the common stock of defendant The TriZetto Group, Inc (“TriZetto”). ...
by The Delaware Counsel Group, LLC | Jun 24, 2008 | Law Updates, LU08
Document: London, et al. v. Tyrrell, et al., C.A. No. 3321-CC, Chandler, C. (Del. Ch. June 24, 2008) The Court denied the defendant board of directors’ motion to dismiss Plaintiffs’ complaint alleging demand futility under Rule 23.1, as analyzed under the two-prong...
by The Delaware Counsel Group, LLC | Jun 23, 2008 | Law Updates, LU08
Document: Jackson Walker L.L.P., v. Spira Footwear, Inc., C.A. No. 3150-VCP, Parsons, V.C. (Del. Ch. June 23, 2008) In an issue of first impression before the Court of Chancery, the Court granted Plaintiff’s motion for summary judgment and upheld its right to...
by The Delaware Counsel Group, LLC | Mar 27, 2008 | Law Updates, LU08
Document: Philadelphia Stock Exchange, Inc., Nos. 613/65, 2007, Jacobs, J. (DE March 27, 2008) The court affirmed the decision made by the Court of Chancery. There was an appeal from an Order and Final Judgment of the Court of Chancery approving a settlement of this...