Tom McParland

March 09, 2016 | Delaware Business Court Insider

The Delaware Supreme Court late last month strengthened the basis for suing directors and officers of Delaware corporations.

By Tom McParland

6 minute read

March 09, 2016 | Delaware Business Court Insider

The former CEO of Patriot Rail Co. won his advancement bid in the Delaware Court of Chancery to have his former company cover the cost of potentially having to defend himself in a trade secrets case in California federal court.

By Tom McParland

4 minute read

March 02, 2016 | Delaware Business Court Insider

Morgan Zurn, who has served as deputy attorney general in the Delaware Department of Justice since 2009, has been appointed the next master in Chancery.

By Tom McParland

2 minute read

March 02, 2016 | Delaware Law Weekly

Delaware Court of Chancery Vice Chancellor J. Travis Laster on Feb. 26 approved a $10.75 million settlement in a class action suit that accused directors of brokerage services firm GFI Group of disloyalty for promoting their own interests in the company's 2015 sale, which shortchanged stockholders.

By Tom McParland

5 minute read

March 02, 2016 | Delaware Law Weekly

The Delaware Judiciary has released its annual report for 2015, highlighting a year in which fiscal appropriations were up and filings and dispositions remained steady, compared to recent years.

By Tom McParland

5 minute read

March 02, 2016 | Delaware Law Weekly

In oral arguments before the Delaware Supreme Court, attorneys argued Feb. 23 over when the statute of limitations for bringing a bad-faith claim against an insurer starts to run.

By Tom McParland

3 minute read

February 29, 2016 | Delaware Business Court Insider

The Delaware Court of Chancery on Monday dismissed a shareholder's derivative suit against the directors of social gaming company Zynga Inc. for failing to show that making a demand on the board to initiate litigation would have been futile.

By Tom McParland

5 minute read

February 26, 2016 | Delaware Business Court Insider

Vice Chancellor J. Travis Laster on Friday approved a $10.75 million settlement in a class action suit that accused directors of brokerage services firm GFI Group of disloyalty for promoting their own interests in the company's 2015 sale, which shortchanged stockholders.

By Tom McParland

2 minute read

February 25, 2016 | Delaware Business Court Insider

The Delaware Court of Chancery last week ruled that claims for common-law fraud based on extracontractual statements and omissions may only be barred if certain provisions in an agreement reflect a clear promise from a buyer that it did not rely on representations outside the four corners of the parties' merger agreement.

By Tom McParland

4 minute read

February 24, 2016 | Delaware Business Court Insider

The Delaware Supreme Court has ended a derivative suit against directors of JPMorgan Chase & Co., after attorneys for the plaintiff tried to beat back assertions that they had improperly severed claims central to the case in the Court of Chancery.

By Tom McParland

3 minute read