Delaware Business Court Insider
By Tom McParland | June 5, 2017
The Delaware Court of Chancery on Thursday postponed the annual stockholder meeting of Cypress Semiconductor Inc. and ordered the company to make additional disclosures related to alleged conflicts of interest on its board.
Delaware Business Court Insider
By Tom McParland | May 24, 2017
The Delaware Court of Chancery has ordered a Pennsylvania-based pharmaceutical-support services firm to turn over a $4.6 million tax refund that it had withheld from a deal partner.
Delaware Business Court Insider
By Tom McParland | May 23, 2017
Intellectual property attorneys are preparing for an influx of patent infringement suits in Delaware after the U.S. Supreme Court on Monday ruled that corporations "reside" only in their state of incorporation under the patent venue statute.
Delaware Business Court Insider
By Tom McParland | May 18, 2017
A long-running fight over the distribution of nearly $73 million in profits generated by a joint venture to make Humvees will continue, after the Delaware Court of Chancery ruled that a contract governing the arrangement was open to more than one interpretation.
Delaware Business Court Insider
By Tom McParland | May 16, 2017
The Delaware Court of Chancery has dismissed a $428 million shareholder derivative suit accusing The Williams Cos. Inc. board of using a planned $13 billion acquisition to torpedo the company's doomed merger with Energy Transfer Equity.
Delaware Business Court Insider
By Tom McParland | May 15, 2017
The Delaware Court of Chancery has dismissed a shareholder challenge to the $400 million purchase of network solutions company Cyan Inc. and denied the investors' quasi-appraisal bid to recover damages for alleged disclosure deficiencies in the run-up to the merger.
Delaware Business Court Insider
By Tom McParland | May 9, 2017
The two market-leading radioactive waste disposal companies are awaiting a Delaware federal judge's ruling on whether their $367 million merger can proceed after a two-week antitrust trial wrapped up in Wilmington on May 5.
Delaware Business Court Insider
By Tom McParland | May 8, 2017
Plaintiffs' attorneys are setting up for a battle in Delaware federal court over lead counsel status in derivative litigation challenging Tesla Inc.'s $2.6 billion bid to acquire an allegedly failing solar energy system installer SolarCity Corp.
Delaware Business Court Insider
By Tom McParland | May 4, 2017
After years of delay, former stockholders of Massey Energy Co. have lost standing to bring a derivative suit against company executives over a 2010 mine explosion that killed 29 workers, the Delaware Court of Chancery said on Thursday.
Delaware Business Court Insider
By Tom McParland | May 2, 2017
Theranos Inc. announced Monday that it has settled two lawsuits brought by one of its biggest early investors, a move the embattled blood-testing company said would allow it to proceed with a short-term tender offer and set its sights on eventually bringing new technology to market.
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