by The Delaware Counsel Group | May 29, 2012 | Law Updates, LU12
Document: Paul v. Delaware Coastal Anesthesia, LLC, C.A. No. 7084-VCG (Del. Ch. May 29, 2012) The Delaware Court of Chancery dismissed plaintiff’s claim that an action by written consent of three of the four members of Delaware Coastal Anesthesia, LLC...
by The Delaware Counsel Group | May 29, 2012 | Law Updates, LU12
Central Laborers Pension Fund v. News Corp., C.A. No. 682, 2011 (Del. May 29, 2012) The Delaware Supreme Court affirmed the Chancery Court’s dismissal of plaintiff’s action to inspect the books and records of defendant News Corporation (“News Corp.”),...
by The Delaware Counsel Group | May 9, 2012 | Law Updates, LU12
Document: Forsythe, et al. v. Esc Fund Mgmt. Co. (U.S.) I, L.P., et al, C.A. No. 1091-VCL (Del. Ch. May 9, 2012) The Delaware Court of Chancery determined that it would enter an order approving a proposed settlement of a long-running derivative action in 60 days...
by The Delaware Counsel Group | May 4, 2012 | Law Updates, LU12
Document: Martin Marietta Materials, Inc. v. Vulcan Materials Co., C.A. No. 7102-CS (Del. Ch. May 4, 2012) The Delaware Court of Chancery enjoined Martin Marietta Materials, Inc. (“Marietta”) from prosecuting a proxy contest and pursuing a hostile bid for...
by The Delaware Counsel Group | Apr 26, 2012 | Law Updates, LU12
Document: JPMorgan Chase & Co. v. American Century Companies, Inc., C.A. No. 6875-VCN (Del. Ch. Apr. 26, 2012) The Delaware Court of Chancery found that JPMorgan Chase & Co. (“JPMorgan”) stated a claim for breach of the implied covenant of good...
by The Delaware Counsel Group | Apr 20, 2012 | Law Updates, LU12
Document: Icahn Partners LP v. Amylin Pharmaceuticals, Inc., C.A. No. 7404-VCN (Del. Ch. Apr. 20, 2012) The Delaware Court of Chancery granted plaintiffs’ motion to expedite an action seeking to enjoin the enforcement of an advance notice bylaw in connection...