by The Delaware Counsel Group, LLC | Jan 27, 2012 | Law Updates, LU12
Document: Auriga Capital Corp. v. Gatz Properties, LLC, C.A. No. 4390-CS (Del. Ch. Jan. 27, 2012) The Delaware Court of Chancery held that the manager and majority owner of a limited liability company (the “LLC”) breached his fiduciary duties by allowing the LLC’s...
by The Delaware Counsel Group, LLC | Jan 13, 2012 | Law Updates, LU12
Document: Shiftan et al. v. Morgan Joseph Holdings, Inc., C.A. No. 6424-CS (Del. Ch. Jan. 13, 2012) The Delaware Court of Chancery granted summary judgment in favor of petitioners on the issue of whether a mandatory redemption provision, which provided for an...
by The Delaware Counsel Group, LLC | Jan 6, 2012 | Law Updates, LU12
Document: Gerber v. Enterprise Products Holdings, LLC, et al., C.A. No. 5989-VCN (Del. Ch. Jan. 6, 2012) The Delaware Court of Chancery granted defendants’ motion to dismiss fiduciary and tort claims arising from the sale by Enterprise GP Holdings, L.P. (“EPE”) of its...
by The Delaware Counsel Group, LLC | Jan 6, 2012 | Law Updates, LU12
Document: Steinhardt v. Occam Networks, Inc., C.A. No. 5878-VCL (Del. Ch. Jan. 6, 2012) The Delaware Court of Chancery dismissed plaintiff as a class representative and ordered him to disgorge more than $500,000 in illicit profits gained from trading on insider...
