by VeloCap Media | Apr 11, 2012 | Law Updates, LU12
Document: In re Answers Corp. S’holder Litig., C.A. No. 6170-VCN (Del. Ch. Apr. 11, 2012) The Delaware Court of Chancery declined to dismiss a complaint alleging that the directors of Answers Corporation (“Answers”) breached their fiduciary duties...
by VeloCap Media | Apr 10, 2012 | Law Updates, LU12
Document: Shocking Technologies, Inc. v. Michael, C.A. No. 7164-VCN (Del. Ch. April 10, 2012) The Delaware Court of Chancery dismissed a claim brought by Shocking Technologies, Inc. (“Shocking”) against one of its directors seeking the director’s...
by VeloCap Media | Apr 4, 2012 | Law Updates, LU12
Document: In re K-Sea Transportation Partners L.P. Unitholders Litig., C.A. No. 6301-VCP (Del. Ch. Apr. 4, 2012) The Delaware Court of Chancery dismissed claims that, inter alia, the general partner of a publicly-traded Delaware limited partnership, K-Sea...
by VeloCap Media | Mar 30, 2012 | Law Updates, LU12
Document: Frank v. Elgamal et al., C.A. No. 6120-VCN (Del. Ch. Mar. 30, 2012) The Delaware Court of Chancery held that four officers (the “Control Group”) of defendant American Surgical Holdings, Inc. (“American Surgical”) collectively...
by VeloCap Media | Mar 27, 2012 | Law Updates, LU12
Document: Zimmerman v. Katherine D. Crothall et al., C.A. No. 6001-VCP (Del. Ch. Mar. 27, 2012) The Delaware Court of Chancery found that certain commonalities often shared by venture capital investors supported a reasonable inference that two venture capital...
by VeloCap Media | Mar 6, 2012 | Law Updates, LU12
Document: In re Delphi Fin. Group S’holders Litig., C.A. No. 7144-VCG (Del. Ch. Mar. 6, 2012) The Delaware Court of Chancery found that plaintiffs had established a reasonable likelihood of success on the merits of their claims that Robert Rosenkranz...
