by VeloCap Media | Apr 20, 2009 | Law Updates, LU09
Documents: Bay Center Apartments Owner, LLC v. Emery Bay PKI, LLC, et al., C.A. No. 3658-VCS, Strine, V.C. (Del. Ch. April 20, 2009) After a condominium development project failed, Plaintiff brought suit against Defendant and its various controlled entities. The LLC...
by VeloCap Media | Apr 16, 2009 | Law Updates, LU09
Document: Lyondell Chemical Company, et al. v. Ryan, No. 401, 2008, Berger, J. (Del. April 16, 2009) This shareholder derivative action challenged a merger transaction where the directors negotiated the deal in less than a week, only met for seven hours to discuss the...
by VeloCap Media | Apr 14, 2009 | Law Updates, LU09
Document: Opportunity Partners L.P. v. Transtech Service Partners Inc., C.A. No. 4340-VCP, Parsons, V.C. (Del. Ch. April 14, 2009) The Petitioner brought suit under § 211 of the Delaware General Corporation Law to compel the Respondent Transtech Service Partners to...
by VeloCap Media | Apr 1, 2009 | Law Updates, LU09
Document: Mickman v. American Intn’l Processing, L.L.C., et al., C.A. No. 3869-VCP, Parsons, V.C. (Del. Ch. April 1, 2009) Plaintiff brought an action for inspection of the books and records of Defendant LFF, L.L.C. (the “LLC”) under Section 18-305 of the Delaware...
by VeloCap Media | Mar 23, 2009 | Law Updates, LU09
Document: Sutherland v. Sutherland, et al., and Dardanelle Timber, et al., C.A. No. 2399-VCL, Lamb, V.C. (Del. Ch. March 23, 2009) In a case between sibling owners of a close corporation, Plaintiffs brought suit claiming the Defendants caused the corporation to enter...
by VeloCap Media | Mar 18, 2009 | Law Updates, LU09
Document: Addy v. Piedmonte, et al., C.A. No. 3571-VCP, Parsons, V.C. (Del. Ch. March 18, 2009) Plaintiff, a sophisticated investor, was induced by Defendants to contribute funds toward an oil and natural gas extraction project and brought suit when Defendants...