Does the Delaware Court of Chancery have the authority to issue a temporary restraining order if the plaintiff does not ask for one? The Delaware Supreme Court will wrestle with that issue Thursday when it hears arguments on whether the Chancery Court exceeded its authority when it enjoined Activision Blizzard Inc.'s $8.2 billion purchase of the majority of its shares held by Vivendi, a French conglomerate that owns Activision.
Activision Appeal to Focus on Chancery's Authority to Issue TRO
Delaware Business Court Insider
October 9, 2013