25 Jun, 2009 Court of Chancery Extends Claim Filing Deadline By Morris James LLP CME Group Inc.v. Chicago Board Options Exchange Inc., C.A. 2369-VCN (June 25, 2009) Class action settlements often have a claim procedure...
25 Jun, 2009 Court of Chancery Awards Fees of 27.5% By Morris James LLP In re TD Banknorth Shareholders Litigation, C.A. 2557-VCL (June 25, 2009) In this order, the Court awarded 27.5% of the class recovery of...
23 Jun, 2009 Rales Test Applied to Allegation of Board Inaction By Morris James LLP In re Intel Corp. Derivative Litig., C.A. No. 08-93-JJF (D. Del. June 4, 2009) This opinion discusses when a court will apply the Rales...
23 Jun, 2009 Explicit Promise of Favorable Financing Not An Implied Obligation By Morris James LLP Southern Track & Pump Inc. v. Terex Corp., C.A. No. 08-543-JJF (D. Del. June 9, 2009) By granting, in part, the defendant’s motion to...
17 Jun, 2009 Court of Chancery Upholds In Pari Dilecto Defense By Morris James LLP American International Group Inc. Consolidated Derivative Litigation, C.A. 769-VCS (June 17, 2009) This is the latest decision in the...
16 Jun, 2009 Court of Chancery Explains Limits on Offensive Advancement By Morris James LLP Duthie v. CorSolutions Medical Inc., C.A. 3048-VCN (June 16, 2009) It is well known that directors with advancement rights may call on...
16 Jun, 2009 Court of Chancery Examines IP Claims By Morris James LLP Sinomab Bioscience Limited v. Immunomedics, Inc., C.A. 2471-VCS (June 16, 2009) In this rare case for the Court of Chancery, the Court...
12 Jun, 2009 Court of Chancery Signals Concern Over Fees to be Paid by the Benefited Company By Morris James LLP Gatz v. Ponsoldt, C.A. 174-CC (June 12, 2009) This decision raises an interesting question over whether attorneys fees should be paid...
11 Jun, 2009 Court of Chancery Rejects Claim of Financial Support for Merger By Morris James LLP James Cable LLC v. Millennium Digital Media Systems LLC, C.A. 3637-VCL (June 11, 2009) When a party to a merger agreement must rely on...
03 Jun, 2009 Licensor's Action to Recover Royalties Overcomes Motion to Dismiss in Superior Court By Morris James LLP Boyce Thompson Institute For Plant Research v. MedImmune, Inc., C.A. No. 07C-11-217 JRS (Del. Super. May 19, 2009) (applying New York law...
02 Jun, 2009 Superior Court: Action May Proceed Against Licensor Despite First-Filed Actions By Morris James LLP STMicroelectronics N.V. v. Agere Sys., Inc., C.A. No. 08C-09-099 MMJ (Del. Super. May 19, 2009) (applying New York law per choice of law...
01 Jun, 2009 Allegations of Accounting Schemes and Material Misstatements Survive Motion to Dismiss By Morris James LLP Collins & Aikman Corp. v. Stockman, Civ. No. 07-265-SLR-LPS (D. Del. May 20, 2009) Magistrate Judge Leonard P. Stark considered the...
01 Jun, 2009 Claim of Material Misstatement Regarding Gray Marketing Survives Motion for Summary Judgment By Morris James LLP In re Adams Golf, Inc., Secs. Litig., C.A. No. 99-371-GMS (D. Del. May 26, 2009) Chief District Judge Gregory M. Sleet rejected the...