by The Delaware Counsel Group, LLC | Feb 15, 2010 | Law Updates, LU10
Document: Whittington v. Dragon Group L.L.C., et al., C.A. No. 2291-VCP, Parsons, V.C. (Del. Ch. Feb. 15, 2010) This matter was on remand from the Delaware Supreme Court, which had reversed the Court of Chancery’s holding that a three-year statute of limitations was...
by The Delaware Counsel Group, LLC | Feb 9, 2010 | Law Updates, LU10
Document: Kurz, et al. v. Holbrook, et al., C.A. No. 5019-VCL, Laster, V.C. (Del. Ch. Feb. 9, 2010) After trial, the Court ruled on the parties competing requests for relief under Section 225 of the DGCL as to the composition and control of the Board of EMAK...
by The Delaware Counsel Group, LLC | Jan 29, 2010 | Law Updates, LU10
Document: Great American Opportunities, Inc. v. Cherrydale Fundraising, LLC, et al., C.A. No. 3718-VCP, Parsons, V.C. (Jan. 29, 2010) This action involved claims by plaintiff, the acquiror of substantially all of the assets of Kathryn Beich Inc. (“KB”), against third...
by The Delaware Counsel Group, LLC | Jan 27, 2010 | Law Updates, LU10
Document: Harris v. RHH Partners, LP, et al., C.A. No. 1198-VCN, Noble, V.C. (Jan. 27, 2010) Petitioner Harris sought to have the general partner of a limited partnership in which he was the sole limited partner and held a 99% interest replaced or have the partnership...
by The Delaware Counsel Group, LLC | Jan 19, 2010 | Law Updates, LU10
Document: Amirsaleh v. Board of Trade of the City of New York, et al., C.A. No. 2822-CC, Chandler, C. (Jan. 19, 2010) After trial, the Court found that defendants’ conduct did not constitute bad faith and therefore was not a breach of the implied covenant of good...
by The Delaware Counsel Group, LLC | Jan 14, 2010 | Law Updates, LU10
Document: Robotti & Co., LLC v. Liddell, et al. and Gulfport Energy Corp., C.A. No. 3128-VCN, Noble, V.C. (Del. Ch. Jan. 14, 2010) The Court granted the defendants’ motion to dismiss this class and derivative action which challenged a stockholder rights offering....
