30 Mar, 2012 Court of Chancery Explains Special Benefit Rule By Morris James LLP Frank v Elgamal, C.A. 6120-VCN (March 30, 2012) It is well understood that when a controlling stockholder stands on both sides of a...
28 Mar, 2012 Delaware Superior Court Instructs How To Raise Choice Of Law By Morris James LLP Anguilla Re LLC v. Lubert-Adler Real Estate Fund IV LP, Del. Super., C.A. N11C-10-061-MMJ-CCLD (March 28, 2012) When must a litigant...
27 Mar, 2012 Supreme Court Interprets Post Closing Payment Clause By Morris James LLP BLGH Holdings LLC v. EXXCO LFG Holding LLC, Del., C.A. 531, 2011 (March 27, 2012) When a post-closing adjustment is due after a merger is...
23 Mar, 2012 Court of Chancery Explains "Acquiescence" By Morris James LLP In re Celera Corporation Shareholder Litigation, C.A. 6304-VCP (March 23, 2012) This is an important decision because it clarifies when a...
22 Mar, 2012 Dealing With Disputes Over the Reasonableness of Fees at the Advancement Stage By Morris James LLP Like many aspects of Delaware corporate law, the law of a corporate director or officer's entitlement to advancement is not black and...
21 Mar, 2012 Court Leaves it to Stockholders to Decide on El Paso Merger Transaction By Lewis H. Lazarus This article was originally published in the Delaware Business Court Insider | March 14, 2012 Chancellor Leo E. Strine Jr. has long had a...
15 Mar, 2012 Court of Chancery Explains When Continuing Wrong Theory Applies By Morris James LLP Buerger v. Appel, C.A. 6539-VCL (March 15, 2012) After a board makes a decision that has consequences that last for years, the question...
12 Mar, 2012 Court of Chancery Appoints Receiver to Resolve Strategic Issues By Morris James LLP Badii v. Metropolitan Hospice Inc., C.A. 6190-VCP (March 12, 2012) In this case the Court appointed a receiver for an insolvent...
07 Mar, 2012 Delaware Chancery Court Appoints Receiver for LLC By Morris James LLP The Delaware Court of Chancery recently took the largely unprecedented step of appointing a receiver for a Delaware limited liability...
06 Mar, 2012 Court of Chancery Limits Fraudulent Inducement Claims By Morris James LLP Schonfeld Group Holdings LLC v. Trillium Holdings LLC, C.A. 6759-VCL (March 6, 2012) It occurs more than you might think that a party to...
06 Mar, 2012 Court Of Chancery Again Denies Injunction Despite Breach Of Duty By Morris James LLP In re Delphi Financial Group Shareholder Litigation, C.A. 7144-VCG (March 6, 2012) For the second time in a month, the Court of Chancery...
05 Mar, 2012 Court of Chancery Explains Priority Rule in Merger Litigation By Morris James LLP Dias v. Purches, C.A. 7199-VCG (March 5, 2012) It is often thought that the jurisdiction where suit is first-filed will obtain priority...
05 Mar, 2012 Court of Chancery Applies Corporate Law Principles to LLC Dispute By Morris James LLP Zimmerman v Crothall, C.A. 6001-VCP (March 5, 2012) This is an interesting application of corporate law principles to an LLC dispute...
05 Mar, 2012 Court Of Chancery Adopts New Fee Setting Procedures By Morris James LLP Danenberg v. Fitracks, Inc., C.A. 6454-VCL ( March 5, 20120) Among the more vexing tasks of a Court is setting the fees to be awarded in...