Delaware Business Court Insider | News
By Tom McParland | September 7, 2018
According to a new lawsuit, Papa John's CEO launched a "false and defamatory campaign" accusing a chairman of racism to save his own job.
By Colby Hamilton | August 30, 2018
The former chairman and CEO of the pizza chain resigned after reportedly using a racial slur during a conference call, but the new class action suit said additional reports about Schnatter's behavior also show the company's public statements about its corporate ethics were false and misleading.
Delaware Business Court Insider | News
By Tom McParland | July 26, 2018
The founder of Papa John's International Inc. has sued for access to board documents related to his ouster from the pizza chain, after it was reported that he used a racial slur in a company training session.
Delaware Business Court Insider | News
By Tom McParland | July 9, 2018
The Delaware Supreme Court on Monday effectively revived a shareholder suit challenging Fresh Market Inc.'s $1.4 billion acquisition by a private equity firm, in an opinion that served as a "cautionary reminder" that partial disclosures cannot secure business-judgment protections under the Corwin doctrine.
Delaware Business Court Insider | Commentary
By K. Tyler O'Connell | June 6, 2018
Appraisal rights have been the subject of increased focus in the current, post-Corwin environment, in which a fully-informed noncoerced stockholder vote suffices to dispose of most M&A challenges.
Delaware Business Court Insider | News
By Tom McParland | June 4, 2018
Chancellor Andre G. Bouchard said the statutory remedy was not an option for two Florida-based pension funds because Dr Pepper itself would not be merged with Keurig, but would merely participate as a parent company in the transaction.
Delaware Business Court Insider | News
By Tom McParland | April 9, 2018
The Delaware Supreme Court has denied a fast-tracked appeal of a lower court's holding that state law allows a company's directors and officers to collect insurance for fraud-based claims.
Delaware Business Court Insider | News
By Tom McParland | March 30, 2018
The lawsuit is the fourth this month to target the planned merger.
Delaware Business Court Insider | News
By Tom McParland | January 24, 2018
The Arbitrage Fund on Tuesday filed a petition in the Delaware Court of Chancery seeking appraisal of its stake in Bob Evans Farms Inc., the latest lawsuit to stem from the food producer's $1.5 billion merger with Post Holdings Inc.
Delaware Business Court Insider | News
By Tom McParland | January 5, 2018
The Delaware Court of Chancery on Friday denied multimillion-dollar requests for attorney fees from Mrs. Fields Brand Inc. and Interbake Foods, ruling that neither party had prevailed in a dispute over a contract to sell Mrs. Fields cookies in grocery and convenience stores.
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