Delaware Business Court Insider
By Kaan Ekiner and Mark E. Felger | October 30, 2024
The Vice Chancellor's decision illustrates the court's discretion and, in this instance, common-sense approach to requiring a bond in the context of provisional relief.
Delaware Business Court Insider | Commentary
By Mark E. Felger and Simon E. Fraser | October 30, 2024
The court was careful to confine its ruling to precisely the foregoing, and expressed no opinion on plan releases other than nonconsensual ones. In particular, the court was careful to note, "Nothing in what we have said should be construed to call into question consensual third-party releases offered in connection with a bankruptcy reorganization plan."
By Mason Lawlor | October 29, 2024
The string of fraud incidents was spurred by a viral video on TikTok in August, in which users claimed to discover a systemwide "glitch" in Chase ATM's allowing unlimited amounts of money to be withdrawn.
Delaware Business Court Insider | Commentary
By Barnaby Grzaslewicz | October 23, 2024
In this recent decision from the Delaware Court of Chancery, Seva Holdings v. Octo Platform Equity Holdings, the court considered whether a membership interest repurchase right under an LLC agreement triggered by breach of a nondisparagement restriction was enforceable, or whether the repurchase scheme violated the absolute litigation privilege.
Delaware Business Court Insider | Commentary
By Mackenzie M. Wrobel | October 23, 2024
This article delves into the Delaware Court of Chancery's recent use of res judicata to remind readers of the doctrine's applications and implications.
By Riley Brennan | October 15, 2024
"McDonald's has successfully asserted a privilege 'shield' to prevent disclosure of actions we believe were unlawful, but the case continues, and we look forward to trial," said the plaintiffs' attorney, Jonathan I. Loevy of Loevy & Loevy in Chicago, following attempts to gain access to outside counsel's investigation.
Delaware Business Court Insider | Commentary
By K. Tyler O'Connell | October 9, 2024
In dismissing for failure to plead demand futility, Vice Chancellor Lori W. Will explained that that allegations of independent directors' knowledge of "imperfect compliance" did not provide a reasonable inference of bad faith "intentional lawbreaking."
By Marianna Wharry | October 4, 2024
A Chicago federal judge preliminarily approved a settlement providing $10 million in increased pension payments for Citgo retirees.
Delaware Business Court Insider | News
By Ellen Bardash | October 3, 2024
The gap between Delaware and the next most popular venue, the Southern District of Texas, widened in 2024.
By Ellen Bardash | October 3, 2024
According to the report, the Garden State beat out the Southern District of New York, which has long been a mainstay of top bankruptcy venues.
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