by VeloCap Media | Dec 12, 2012 | Law Updates, LU12
Document: Winshall v. Viacom International Inc., C.A. No. 6074-CS (Del. Ch. Dec. 12, 2012) The Delaware Court of Chancery ordered Viacom International Inc. (“Viacom”) to release merger consideration held in escrow since 2006 for the benefit of the former...
by VeloCap Media | Dec 7, 2012 | Law Updates, LU12
Document: Duff v. Innovative Discovery LLC, C.A. No. 7599-VCP (Del. Ch. Dec. 7, 2012) The Delaware Court of Chancery confirmed that it may exercise subject matter jurisdiction over matters which the Delaware Limited Liability Company Act (the “LLC Act”)...
by VeloCap Media | Oct 9, 2012 | Law Updates, LU12
Document: Hite Hedge LP v. El Paso Corp., C.A. No. 7177-VCG (Del. Ch. Oct. 9, 2012) The Delaware Court of Chancery dismissed fiduciary claims asserted by the limited partners of a master limited partnership, El Paso Pipeline Partners, L.P. (“EPB”), against...
by VeloCap Media | Oct 5, 2012 | Law Updates, LU12
Document: Louisiana Municipal Police Employees’ Retirement Sys. v. Lennar Corp., C.A. No. 7314-VCG (Del. Ch. Oct. 5, 2012) The Delaware Court of Chancery found that media reports of an industry-wide, federal investigation of potential unfair labor practices by...
by VeloCap Media | Sep 28, 2012 | Law Updates, LU12
Document: Shocking Technologies, Inc. v. Michael, C.A. No. 7164-VCN (Del. Ch. Sept. 28, 2012) The Delaware Court of Chancery found that a director and stockholder of a Delaware corporation breached his duty of loyalty to the corporation by interfering with the...
by VeloCap Media | Sep 25, 2012 | Law Updates, LU12
Document: South v. Baker, C.A. No. 7294-VCL (Del. Ch. Sept. 25, 2012) The Delaware Court of Chancery dismissed a complaint alleging that the board of directors of Hecla Mining Company (“Hecla”) knowingly caused the corporation to violate federal safety...
