by VeloCap Media | 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 VeloCap Media | 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 VeloCap Media | 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 VeloCap Media | 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 VeloCap Media | 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 VeloCap Media | 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,...
