The article focuses on the decision issued by the Delaware Court of Chancery on the case between Esopus Creek Value LP and Hauf. During which, vice-chancellor Stephen P. Lamb tackled three issues including the consequences of a corporation's inability to solicit proxies. It claims that the ...
The Court of Chancery noted that the “[b]ankruptcy stay does overcome the necessity of responding to” a notice challenging certain confidentiality designations and redactions, explaining that the notice was “based in the public interest, not litigants’ interest.” The Court ...
InSnow Phipps Group, LLC v. KCake Acquisition, Inc.,1the Delaware Court of Chancery ordered Kohlberg & Co., LLC (Kohlberg) to acquire DecoPac Holdings Inc. (DecoPac), a cake decoration supplier, for $550 million. Although some of this opinion affirms prior Delaware case law, t...
InShareholder Representative Services LLC v. Alexion Pharmaceuticals, Inc., the Delaware Court of Chancery addressed an earnout dispute, holding that a buyer violated its contract with the seller by failing to use “commercially reasonable efforts” to meet the contractual milest...
Timely, brief summaries of cases handed down by the Delaware Court of Chancery and the Delaware Supreme Court. Blog Discontinued Apr 02 2024 This blog is not actively maintained, but has been kept available as a resource. Court of Chancery Allows LLC’s Breach of Fiduciary Duty, Aiding and ...
On April 28, 2021, Delaware Governor John Carney announced the confirmation of Wilson Sonsini Goodrich & Rosati partner Lori W. Will as Vice Chancellor in the Delaware Court of Chancery. Lori will replace Kathaleen S. McCormick, who was confirmed to Chan
THE DELAWARE COURT OF CHANCERY Unlike most other jurisdictions, Delaware has not merged its courts of law and equity. The Court of Chancery is a court of equity. Thus, it is a court of l... JW Semple 被引量: 0发表: 0年 A letter to the the Right Hon. Viscount Melbourne on the pre...
The Delaware Chancery Court recently issued Vice Chancellor Laster’s opinion inAkorn, Inc. v. Fresenius Kabi AG, C.A. No. 2018-0300-JTL (Del. Ch. 1 Oct. 2018) (PDFhere). You can find plenty of information about this case elsewhere, including inthis itemon Reuters. ...
(55) It was not until approximately 1726 or 1727 when a drastic shift in equity began and the Gordon statute (the Act) established official courts of chancery. (56) This was the beginning of the second period of equity in Delaware, which was in the purview of their new chancery courts....
The Delaware Court of Chancery denied in part a motion to dismiss breach of fiduciary duty claims against Bioverativ, Inc.’s. directors and officers that challenged the company’s sale process and related disclosures. In May 2017, Sanofi S.A. approached two of Bioverativ’s directors, Alexa...