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Tom McParland of New York Law Journal can be contacted at [email protected]. Follow him on Twitter @TMcParlandALM.
January 7, 2022 | Delaware Business Court Insider
A group of states, including Connecticut, Maryland, Delaware, Vermont, Rhode Island and the District of Columbia, said the company instead should be forced back into discussions, with a focus on obtaining "consensual third-party" releases for its owners.
By Tom McParland
4 minute read
September 20, 2021 | Delaware Business Court Insider
A new report said that more than 291,000 new bankruptcy cases were filed across all chapters through the first eight months of 2021. That represents a 26.3% decline from the same period a year prior, the report authors said.
By Tom McParland
3 minute read
August 6, 2021 | Delaware Business Court Insider
A three-judge panel of the Manhattan-based appeals court adopted the New York Court of Appeals' answers to two certified questions of law.
By Tom McParland
3 minute read
July 6, 2021 | Delaware Business Court Insider
The derivative complaint alleged that Elon Musk breached his fiduciary duties and unjustly enriched himself by pursuing the struggling SolarCity, in which he was the largest investor.
By Tom McParland
4 minute read
June 14, 2021 | New York Law Journal
According to the six-page complaint, Affirm held its loans out as an alternative to paying for products by credit card, without disclosing allegedly "unfavorable" terms.
By Tom McParland
3 minute read
March 11, 2021 | Delaware Business Court Insider
A unanimous panel said Vimeo was protected from the suit by Section 230 of the Communications Decency Act, which grants immunity to interactive computer service providers, like social media companies or video platforms, that make a good-faith effort to restrict offensive content.
By Tom McParland
1 minute read
November 23, 2020 | Delaware Business Court Insider
The U.S. Court of Appeals for the Second Circuit reversed a Brooklyn federal district court order requiring a hedge fund to return nearly $5 million it allegedly obtained through short-term trades of 1-800-Flowers.com stock.
By Tom McParland
1 minute read
July 29, 2020 | New York Law Journal
The new proposal, part of The Weinstein Co.'s Chapter 11 bankruptcy proceedings in Delaware, seeks to revive an original class settlement agreement, touted by James as a "victory" for Weinstein's accusers, which sought to create a nearly $19 million compensation fund to resolve the claims.
By Tom McParland
1 minute read
May 4, 2020 | Delaware Business Court Insider
A preliminary injunction was entered against Performance Supply LLC, which has been alleged to have used 3M's trademarks to market medical-grade face masks at inflated prices. The defendant didn't appear at the proceedings.
By Tom McParland
1 minute read
December 19, 2019 | Delaware Business Court Insider
A three-judge panel of the Manhattan-based appeals court said that the creditors' state law claims for constructive fraudulent conveyance were preempted by a provision of U.S. bankruptcy law, which protects certain transactions involving securities contracts.
By Tom McParland
1 minute read
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