Delaware Business Court Insider
By Tom McParland | August 4, 2017
The Chancery Court-ordered sale of TransPerfect was set to move ahead Friday after Chancellor Andre G. Bouchard blocked in a last-ditch effort to break the corporate deadlock that has plagued the profitable translation-services company.
Delaware Business Court Insider
By Jacqueline P. Rubin and Matthew D. Stachel | August 2, 2017
The rights of stockholders to demand to inspect a corporation's books and records under state corporation laws are a powerful method of ensuring the stockholders' rights and interests are safeguarded
Delaware Business Court Insider
By Travis J. Ferguson | August 2, 2017
Three recent decisions by Delaware courts have addressed the appropriateness of equitable relief to acquire funds held in escrow post-closing of a transaction.
Delaware Business Court Insider
By Tom McParland | July 31, 2017
The Delaware Court of Chancery on Friday ruled that a top lawyer for William I. Koch will be allowed to testify on behalf of the billionaire in a bitter fight over investor rights that could determine the future of Koch's Oxbow Carbon firm.
Delaware Business Court Insider
By James G. McMillan III | July 26, 2017
In a case of first impression, Vice Chancellor Joseph R. Slights III of the Delaware Court of Chancery ruled that Section 204 of the Delaware General Corporation Law cannot be used to validate an "unauthorized" corporate act.
Delaware Business Court Insider
By Lewis H. Lazarus | July 26, 2017
Companies often defend against stockholder requests to inspect books and records by contending that the plaintiff stockholder lacks a proper purpose or that his or her stated purpose is not the real purpose.
Delaware Business Court Insider
By Tom McParland | July 25, 2017
Chancery Court Chancellor Andre G. Bouchard on Tuesday recommended that Delaware's high court adopt a new rule to protect the due process rights of derivative plaintiffs who were beat to the courthouse by so-called "fast-filers" in other jurisdictions.
Delaware Business Court Insider
By Tom McParland | July 21, 2017
The Delaware Court of Chancery on Friday rejected a shareholder challenge to Sprint Corp.'s $3.6 billion takeover of Clearwire Corp., ruling that a bidding war over the telecommunications operator had pushed the price to more than twice its fair value.
Delaware Business Court Insider
By Edward M. McNally | July 19, 2017
Sometimes more is not a good idea. That is the case when a complaint alleges multiple bases to invoke the jurisdiction of the Delaware Court of Chancery, but still fails to sustain that subject matter jurisdiction.
Delaware Business Court Insider
By Aric H. Wu | July 19, 2017
A recent Chancery Court decision illustrates that courts are reluctant to imply preferred stockholder rights that are not clearly set forth in the documents containing the preferred stock terms.
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