by VeloCap Media | Mar 9, 2009 | Law Updates, LU09
Document: AT&T Corp. v. Lillis, et al., No. 490, 2007, Berger, J. (Del. March 9, 2009) Former officers and directors of MediaOne Corporation sought compensation from AT&T for the full value of their stock options. AT&T had admitted many of the substantive...
by VeloCap Media | Mar 3, 2009 | Law Updates, LU09
Document: BASF Corp. v. POSM II Properties Partnership, L.P., et al., C.A. No. 3608-VCS, Strine, V.C. (Del. Ch. March 3, 2009) The Plaintiff corporation sought to withdraw from the Defendant limited partnership and have its limited partnership interest bought out. ...
by VeloCap Media | Feb 27, 2009 | Law Updates, LU09
Document: Metcap Securities LLC, et al. v. Pearl Senior Care, Inc., et al., C.A. No. 2129-VCN, Noble, V.C. (Del. Ch. Feb. 27, 2009) The facilitators of an acquisition brought suit to recover a $20 million fee, representing 1% of the $2 billion merger. As negotiations...
by VeloCap Media | Feb 26, 2009 | Law Updates, LU09
Document: Beiser v. PMC-Sierra, Inc., C.A. No. 3893-VCL, Lamb, V.C. (Del. Ch. Feb. 26, 2009) Plaintiff brought suit under 8 Del. C. § 220 for the production of certain books and records while simultaneously serving as the lead plaintiff in a related federal action in...
by VeloCap Media | Feb 24, 2009 | Law Updates, LU09
Document: In Re Citigroup Inc. Shareholder Derivative Litigation, C.A. No. 3338-CC, Chandler, C. (Del. Ch. Feb. 24, 2009) Plaintiff shareholders brought suit against current and former Citigroup directors for breaches of fiduciary duty for failing to properly monitor...
by VeloCap Media | Feb 18, 2009 | Law Updates, LU09
Document: Banet, et al. v. Fonds de Régulation et de Controle Café Cacao, et al., C.A. No. 3742-CC, Chandler, C. (Del. Ch. Feb. 18, 2009) Plaintiffs moved for summary judgment on their request for appointment of a receiver for the New York Chocolate and Confections...
