Delaware Business Court Insider
By Katherine J. Neikirk Special to the DBCI | January 4, 2012
Reformation is an equitable remedy whereby the Court of Chancery will modify a written agreement to reflect the "true" intent of the parties. To obtain reformation, a party mu
Delaware Business Court Insider
By Jeff Mordock | August 16, 2013
Delaware Court of Chancery Chancellor Leo E. Strine Jr. today ordered Dell Inc. to hold its annual shareholder meeting October 17. The chancellor said that if the meeting is delayed, he will
Delaware Business Court Insider
By Lewis H. Lazarus | September 28, 2011
In 2009, Delaware's General Assembly passed and Gov. Jack Markell signed legislation enabling arbi n in the Court of Chancery. In 2010, the Court of Chancery adopted rules governing arbi
Delaware Business Court Insider
By Jeff Mordock | May 9, 2012
The Delaware Court of Chancery has dismissed all claims against a defendant in a staturoy trust, holding the plaintiff's claims were derivative in nature and not well-plead.Sydell Prot
Delaware Business Court Insider
By Jeff Mordock | May 17, 2013
The Delaware Court of Chancery has ordered Wal-Mart Stores Inc. to release internal documents detailing its directors knowledge of allegations that the companys Mexican af
Delaware Business Court Insider
By Special to Delaware Law Weekly | January 16, 2013
Kelly v. Fuqi Int'l Inc., DeFAX Case No. D65330 (Del. Ch. Jan. 2, 2012) Glasscock, V.C. (21 pages).The Chancery Court granted defendant's motion to dismiss this action where p
Delaware Business Court Insider
By Allison Land | July 11, 2012
As part of Delaware's annual review and updating of its alternative entity laws, the Delaware legislature has adopted a series of amendments to the Delaware Limited Liability Company Act (DLLCA), t
Delaware Business Court Insider
By Michael A. Riccardi | April 3, 2013
The Delaware Supreme Court, reversing a decision of the Court of Chancery, unanimously ruled today that the previous dismissal of similar litigation may be invoked to dismiss shareholder law
Delaware Business Court Insider
By Chancery Court Sees Limits to Preferred Stockholders' Rights | May 4, 2011
Preferred stockholders' contractual rights do not extend beyond the original agreement, even if the parent corporation purposely structures a transaction to avoid triggering such rights, acco
Delaware Business Court Insider
By Jeff Mordock | October 23, 2013
In a 2-1 decision, the Third Circuit Court of Appeals has ruled that the Delaware Court of Chancery's confidential arbitration program violates the First Amendment right to access civil
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