by VeloCap Media | May 6, 2009 | Law Updates, LU09
Document: JAKKS Pacific, Inc. v. THQ/JAKKS Pacific, LLC ,et al., C.A. No. 4295-VCL, Lamb, V.C. (Del. Ch. May 6, 2009) After two joint-adventurers formed a limited liability company to exploit a video game license, the relationship soured, and one member instituted a...
by VeloCap Media | Apr 30, 2009 | Law Updates, LU09
Document: Nemec v. Shrader, et al., C.A. No. 3878-CC, Chandler, C. (Del. Ch. April 30, 2009) The Court of Chancery dismissed breach of fiduciary claims against defendant directors in connection with a retirement contract entered into between defendant Booz Allen...
by VeloCap Media | Apr 27, 2009 | Law Updates, LU09
Document: Ivize of Milwaukee, LLC v. Compex Litig. Support, et al.; Ivize of Kansas City, LLC v. Compex Litig. Support, et al., C.A. Nos. 3158-VCL and 3406-VCL, Lamb, V.C. (Del. Ch. April 27, 2009) Plaintiffs, the purchaser of the Defendant litigation support...
by VeloCap Media | Apr 23, 2009 | Law Updates, LU09
Document: In Re: Arrow Investment Advisors, LLC, C.A. No. 4091-VCS, Strine, V.C. (Del. Ch. April 23, 2009) Petitioner sought dissolution of the Respondent Arrow Investment Advisors, LLC (the “LLC”) on the grounds that it failed to fulfill the LLC’s original business...
by VeloCap Media | Apr 21, 2009 | Law Updates, LU09
Document: Stevanov v. O’Connor, C.A. No. 3820-VCP, Parsons, V.C. (Del. Ch. April 21, 2009) After the failure of both their marriage and business venture, Plaintiff ex-wife brought suit for breaches of fiduciary duty, conversion, unjust enrichment and fraud in...
by VeloCap Media | Apr 21, 2009 | Law Updates, LU09
Document: FLI Deep Marine LLC v. McKim, C.A. No. 4138-VCN, Noble, V.C. (Del. Ch. April 21, 2009) Plaintiffs initially made a demand on the Board of Deep Marine Holdings, Inc. (the “Company”) rather than bring a derivative action and allege demand futility. After the...