by VeloCap Media | Mar 4, 2010 | Law Updates, LU10
Teachers’ Retirement System of Louisiana v. PricewaterhouseCoopers LLP, No. 454, 2009 (Del. Supr. March 4, 2010) In a case involving allegations that the defendant/appellee failed to perform its auditing responsibilities in accordance with professional standards...
by VeloCap Media | Mar 3, 2010 | Law Updates, LU10
Document: Pfeiffer v. Toll, et al. and Toll Brothers, Inc., C.A. No. 4140-VCL, Laster, V.C. (Del. Ch. March 3, 2010) Plaintiff brought this derivative action for damages allegedly suffered by nominal defendant Toll Brothers, Inc. as a result of alleged insider trading...
by VeloCap Media | Mar 3, 2010 | Law Updates, LU10
Document: Edgewater Growth Capital Partners, L.P., et al. v. H.I.G. Capital, Inc. et al., C.A. No. 3601-VCS, Strine, V.C. (Del. Ch. March 3, 2010) Plaintiff shareholders of ATM Acquisition Corporation (“ATM”) filed suit alleging, inter alia, that defendant directors...
by VeloCap Media | Feb 26, 2010 | Law Updates, LU10
Document: PT China LLC v. PT Korea LLC, et al., C.A. No. 4456 – VCN, Noble, V.C. (Del. Ch. Feb. 26, 2010) In this case involving claims by members and managers of a Delaware limited liability company (the “LLC”), a third-party defendant who was a manager of the...
by VeloCap Media | Feb 26, 2010 | Law Updates, LU10
Document: Selectica Inc. v. Versata Enterprises, Inc., et al., C.A. No. 4241-VCN, Noble, V.C. (Del. Ch. Feb. 26, 2010) This action arises out of the adoption of a rights agreement or “poison pill” by the plaintiff company’s Board in order to preserve certain net...
by VeloCap Media | Feb 24, 2010 | Law Updates, LU10
Document: Kelly v. Blum, et al., C.A. No. 4516 – VCP, Parsons, V.C. (Del. Ch. Feb. 24, 2010) This action, brought as an individual and derivative action on behalf of the nominal defendant limited liability company (“LLC”), challenged a merger involving the LLC. ...
