by VeloCap Media | Apr 28, 2010 | Law Updates, LU10
Document: Ross Holding and Management Company v. Advance Realty Group LLC, C.A. No. 4113-VCN (Del. Ch. Apr. 28, 2010) This opinion highlights the fact that Delaware’s Limited Liability Company Act and related case law do not provide much guidance with respect to the...
by VeloCap Media | Apr 23, 2010 | Law Updates, LU10
Document: Global GT LP v. Golden Telecom, Inc., C.A. No. 3698-VCS (Del. Ch. Apr. 23, 2010) In this appraisal action, the Court of Chancery was tasked with the fairly challenging job of valuing a Russian-based telecommunications company that was listed on NASDAQ. As...
by VeloCap Media | Apr 23, 2010 | Law Updates, LU10
Document: Ashall Homes Limited v. ROK Entertainment Group, Inc., C.A. No. 4643-VCS (Del. Ch. Apr. 23, 2010) This opinion affirms the validity of forum selection and choice of law clauses in the agreements entered into between the corporation and its stockholders which...
by VeloCap Media | Apr 21, 2010 | Law Updates, LU10
Document: Crown EMAK Partners, LLC v. Kurz, Consol. Nos. 64, 2010 and 85, 2010 (Del. Supr. April 21, 2010) In this opinion, the Delaware Supreme Court affirms in part and reverses in part the recent decision of the Court of Chancery addressing various issues arising...
by VeloCap Media | Apr 15, 2010 | Law Updates, LU10
Document: Coughlan v. NXP B.V., No. 5110-CC (Del. Ch. Apr. 15, 2010) In a case involving a lawsuit filed by an appointed stockholders’ representative on behalf of former stockholders, the Court of Chancery held that the stockholders’ representative had standing to...
by VeloCap Media | Apr 13, 2010 | Law Updates, LU10
Document: Orix LF, LP v. Inscap Asset Management, LLC, et al., C.A. No. 5063-VCS, Strine, V.C. (Del. Ch. April 13, 2010) Plaintiff was a member of ISM Advisors, LLC (the “LLC”), which was formed for the purpose of owning an interest in, and managing, an investment...