Delaware Business Court Insider
By P. Clarkson Collins Jr. | May 17, 2018
The Delaware Supreme Court recently issued an important decision clarifying Delaware's forum non conveniens FNC law in Hupan v. Philip Morris USA.
Delaware Business Court Insider | Update
By Tom McParland | May 17, 2018
CBS Corp.'s board of directors late Thursday voted to strip its controlling stockholder of most of her voting power, setting up the next showdown in the media giant's ongoing struggle with Shari Redstone and her family's National Amusements Inc. for control of the company.
Delaware Business Court Insider | Commentary
By Jason J. Mendro and Jeffrey S. Rosenberg | May 16, 2018
Controlling-stockholder transactions are a regular part of many companies' business; in some cases, they are essential. When challenged, however, such transactions have often been scrutinized under the entire fairness standard, the most exacting standard under Delaware law.
Delaware Business Court Insider | News
By Tom McParland | May 14, 2018
CBS Corp. on Monday sued to stop controlling stockholder Shari Redstone from pursuing a merger with Viacom, amid fears that she could act quickly to oust the CBS board and force a deal that CBS claims would irreparably harm the company and its investors.
Delaware Business Court Insider | News
By Tom McParland | May 11, 2018
The Delaware Court of Chancery has allowed breach of contract claims to proceed against the manager of a Delaware LLC accused of diverting the firm's assets to benefit himself and his friends.
Delaware Business Court Insider
By Barry M. Klayman and Mark E. Felger | May 9, 2018
In JMO Wind Down, Chief Bankruptcy Judge Brendan Shannon considered a motion to enjoin a creditor from pursuing claims against various defendants that were pending in a civil action in the Delaware Court of Chancery based on the provisions of the debtor's Chapter 11 plan of liquidation.
Delaware Business Court Insider | News
By Tom McParland | May 8, 2018
A Delaware bankruptcy judge on Tuesday approved the $310 million sale of The Weinstein Co.'s television and film assets to Dallas-based Lantern Capital Partners.
Delaware Business Court Insider | News
By Tom McParland | May 8, 2018
The Delaware Court of Chancery on Monday denied a plaintiff access to redacted documents in a derivative dispute alleging that the general partner's conflicts committee acted in bad faith in approving a $3 billion transaction that undervalued the firm's assets by $500 million.
Delaware Business Court Insider | News
By Tom McParland | May 3, 2018
The Delaware Supreme Court on Thursday upheld the $770 million sale of TransPerfect Global Inc. to co-founder Philip R. Shawe, bringing to an end more than three years of fierce litigation with his erstwhile partner Elizabeth Elting over control of the successful translation-service company.
Delaware Business Court Insider | News
By Tom McParland | May 2, 2018
Lantern Capital Partners is on the verge of acquiring The Weinstein Co. in a bankruptcy sale, after it was revealed that no bidders had topped the private equity firm's $310 million offer to buy the embattled studio's film library and television business.
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