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July 12, 2018 | Delaware Business Court Insider

Directive That Boeing Pay for Displaced Workers' Benefits Is OK'd by Del. Justices

The Delaware Supreme Court on Thursday upheld a lower court's ruling that Boeing Co. was responsible for $150 million in payments to workers who were laid off when the aircraft-maker sold off three manufacturing facilities in 2005.
1 minute read
July 05, 2018 | Delaware Business Court Insider

Fraud Suit Continues Energy Firms' Fight Over $268M Coal Mine Acquisition

Seneca Coal Resources accused Cliff Natural Resources and its brass of concealing a range of liabilities associated with the two West Virginia mines as it exited the coal business.
1 minute read
June 22, 2018 | Delaware Business Court Insider

Fraud Claim Survives in Contract Suit Over Environmental Liability

A breach of contract suit over the sale of a contaminated chemical site in New Jersey can be expanded to include claims that the seller concealed information about its remediation efforts and tried to stick Ashland Inc. with the bill for the cleanup, a Delaware judge has ruled.
1 minute read
June 07, 2018 | Delaware Business Court Insider

Walmart Sues to Block Tax Executive's Move to Amazon

Walmart Inc. on Thursday sued to prevent a former top tax executive from taking a job with Amazon.com Inc., arguing the move would present a "direct competitive threat" to Walmart by exposing the online retailer's business strategy and potential merger plans.
3 minute read
May 30, 2018 | Delaware Business Court Insider

Appraisal, Quasi-Appraisal and Indemnification—Are Deals at Risk?

Delaware litigators and deal lawyers around the globe are keen on accounting for the risk of dissenting stockholders exercising appraisal rights when negotiating and structuring a corporate transaction.
1 minute read
Law Journal Press | Digital Book Pennsylvania Causes of Action, 12th Edition Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN View this Book

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May 23, 2018 | Delaware Business Court Insider

Self-Dealing Conduct Supporting Fiduciary-Duty Claims Was Covered by Contractual Duties Imposed in the LLC Agreement

The Delaware Limited Liability Company Act's policy is to give the maximum effect to the principle of freedom of contract in LLC operating agreements.
4 minute read
May 11, 2018 | Delaware Business Court Insider

Glasscock Greenlights Contract Claims in Suit Over Diverted Bid Rights

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.
4 minute read
May 01, 2018 | Delaware Business Court Insider

Ohio Citizenship Bars Mining Suit, Del. Judge Rules

A federal judge in Delaware has refused an attempt by Cliffs Natural Resources Inc. to tack racketeering claims onto its breach of contract suit against a Virginia coal producer in a last-ditch attempt to establish federal jurisdiction over the case.
3 minute read
February 21, 2018 | Delaware Business Court Insider

Bouchard Greenlights Challenge to Merger of Energy Companies

The Delaware Court of Chancery on Tuesday ruled that a challenge to natural gas company Regency GP's 2015 merger with Energy Transfer Partners had cleared a preliminary hurdle to show that Regency's board may have approved a deal that it knew was not in the firm's best interest.
3 minute read
February 02, 2018 | Delaware Business Court Insider

Chancery Court Voids Stock Issue in Board Fight

The Delaware Court of Chancery on Thursday ruled that a hurried stock issuance designed to stave off a takeover of the Roma Restaurant Holdings Inc. board was void and could not be counted in a vote to control the company.
3 minute read

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