22 Dec, 2006 Rule Changes For The Court of Chancery By Morris James LLP Effective January 1, 2007, there will be some significant rule changes in the Delaware Court of Chancery. Some of these changes will...
21 Dec, 2006 Court of Chancery Finds Directors Liable for Inaction By Morris James LLP ATR-Kim Eng Financial Corp. v. Araneta, C.A. No. 489-N (Del. Ch. December 21, 2006). Commentators sometimes wonder when director...
21 Dec, 2006 Court of Chancery Denies Fee Split Request By Morris James LLP In Re William Lyon Homes Shareholders Litigation, C.A. No. 2015-N (Del. Ch. December 21, 2006). When there are two competing class or...
19 Dec, 2006 Superior Court Denies Motion to Vacate Confessed Judgment By Morris James LLP PNC Bank v. Sills, 2006 WL 3587247 (Del. Super. Ct. Nov. 30, 2006) In this opinion denying Defendants’ motion to vacate confessed...
15 Dec, 2006 Stay in Voting Case Denied by Court of Chancery By Morris James LLP B.F. Rich Co., Inc. v. Gray, C.A. No. 1896-N (Del. Ch. December 15, 2006). After losing a case involving the right to vote shares that...
15 Dec, 2006 Court of Chancery Denies Cancellation of Guaranty By Morris James LLP Union Oil Company of California v. Mobil Pipeline Company, C.A. No. 19395-N (Del. Ch. December 15, 2006). In this fact intensive decision...
14 Dec, 2006 Superior Court Invalidates Liquidated Damages Clause By Morris James LLP Tropical Nursing, Inc. v. Ingleside Homes, Inc., 2006 WL 3579075 (Del. Super. Ct. Dec. 11, 2006). In this opinion granting Defendant’s...
14 Dec, 2006 Superior Court Rejects Counterclaim of Exclusive Distributorship Contract, Awards Contract Damages to Plaintiff By Morris James LLP Tulstar Prods., Inc. v. Ionsep Corp., 2006 WL 3604782 (Del. Super. Ct. Dec. 7, 2006) In this breach of contract case, the Superior Court...
14 Dec, 2006 Superior Court Finds Breach Based on Actual and Apparent Authority, Invalidates Liquidated Damages Clause By Morris James LLP Tropical Nursing, Inc. v. Accord Health Serv., Inc., 2006 WL 3604783 (Del.Super. Ct. Dec. 7, 2006). In this breach of contract case, the...
13 Dec, 2006 Court of Chancery Limits Noncompete Agreement By Morris James LLP Edix Media Group Inc. v. Mahani, C.A. No. 2186-N (Del. Ch. December 12, 2006). This decision is noteworthy for its careful analysis of...
13 Dec, 2006 Federal Court Grants Renewal of Motion To Demonstrate Jurisdiction By Morris James LLP Remote Solutions Co., Ltd. v. FGH Liquidating Corp., Civil Action No. 06-004-KAJ, 2006 WL 3498657 (D. Del. Dec. 5, 2006). Plaintiff filed...
12 Dec, 2006 Court of Chancery Upholds Arbitration for Tobacco Case By Morris James LLP State of Delaware v. Philip Morris USA, Inc. C.A. No. 2088-N (December 12, 2006). By this decision Delaware joins the vast majority of...
12 Dec, 2006 Court of Chancery Grants Limited Inspection Rights By Morris James LLP Shamrock Activist Value Fund LP v. iPass Inc., C.A. No. 2462-N (Del. Ch. December 12, 2006). When seeking to inspect corporate records,...
07 Dec, 2006 Federal Court Excludes Expert Testimony Dealing With The Law Of The Case By Morris James LLP Cantor v. Perelman, Civil Action No. 97-586-KAJ, 2006 WL 3462596 (D. Del. Nov. 30, 2006). Plaintiff and defendants filed motions to...
06 Dec, 2006 Court of Chancery Limits Appraisal Demands By Morris James LLP Konfirst v. Willow CSN Incorporated, C.A. No. 1737-N (Del. Ch. December 12, 2006). Delaware law has long held that to qualify for...
06 Dec, 2006 Court of Chancery Finds Limit on Advancement Rights By Morris James LLP Majkowski v. American Imaging Management Services LLC, C.A. No. 1797-N (Del. Ch. December 6, 2006). The right to have attorneys fees paid...