by The Delaware Counsel Group, LLC | Feb 6, 2013 | Law Updates, LU13
Re Puda Coal, Inc., Stockholders Litig., C.A, No. 64676-CS (Del. Ch. Feb. 6, 2013) (TRANSCRIPT) The Delaware Court of Chancery declined to dismiss a Caremark claim, among others, brought against the board of directors of a China-based corporation, Puda Coal, Inc....
by The Delaware Counsel Group, LLC | Jan 31, 2013 | Law Updates, LU13
Document: In re BJ’s Wholesale Club, Inc. Shareholders Litig., C.A. No. 6623-VCN (Del. Ch. Jan. 31, 2013) The Delaware Court of Chancery dismissed plaintiffs’ claim that the members of the board of directors of BJ’s Wholesale Club, Inc....
by The Delaware Counsel Group, LLC | Jan 25, 2013 | Law Updates, LU13
Document: In re Mobilactive Media, LLC, C.A., No. 5725-VCP (Del. Ch. Jan. 25, 2013) The Delaware Court of Chancery found that a party to a joint venture usurped corporate opportunities belonging to the joint venture and therefore breached its fiduciary duty of...
by The Delaware Counsel Group, LLC | Jan 18, 2013 | Law Updates, LU13
Document: Gerber v. EPE Holdings, LLC, C.A. No. 3543-VCN (Del. Ch. Jan. 18, 2013) The Delaware Court of Chancery held that a limited partnership agreement effectively supplanted a general partner’s common law fiduciary duties with contractually defined standards...
by The Delaware Counsel Group, LLC | Jan 3, 2013 | Law Updates, LU13
Document: In re Novell, Inc. Shareholders Litig., C.A. No. 6032-VCN (Del. Ch. Jan. 3, 2013) The Delaware Court of Chancery held that plaintiffs had stated a claim that the members of the board of directors of Novell, Inc. (“Novell”) acted in bad faith by...
by The Delaware Counsel Group, LLC | Sep 28, 2012 | Law Updates, LU13
Document: Greenmont Capital Partners I, LP v. Mary’s Gone Crackers, Inc., C.A. No. 7265-VCP (Del. Ch. Sept. 28, 2012) The Delaware Court of Chancery dismissed a claim that sought to unwind the conversion of plaintiff’s preferred stock into common stock,...
