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May 15, 2018 | Delaware Business Court Insider

GlaxoSmithKline Seeks to Reinstate $235M Infringement Verdict Against Teva Over Hypertension Drug

GlaxoSmithKline is appealing a Delaware federal district judge's ruling that wiped out a $235 million verdict against Teva Pharmaceuticals for allegedly infringing a patent for the hypertension drug Coreg.
3 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
April 25, 2018 | Delaware Business Court Insider

Glasscock Ruling Bolsters Former Energy Execs' Case for Damages

A Delaware Court of Chancery judge has removed a hurdle for two former executives of Louis Dreyfus Highbridge Energy to pursue potentially millions of dollars in damages stemming from the firm's $1.9 billion sale of its energy storage and processing plants in 2011.
4 minute read
April 17, 2018 | Delaware Business Court Insider

Energy Transfer Equity Denied New Hearing in $1.5B Fee Dispute

A vice chancellor of the Delaware Court of Chancery on Monday refused Energy Transfer Equity's bid for a second chance at claiming a nearly $1.5 billion break-up fee stemming from the pipeline company's failed merger with The Williams Cos. Inc.
3 minute read
April 06, 2018 | Delaware Business Court Insider

Lord & Taylor Hit With Lawsuit After Data Breach Affected More Than 5 Million Customers

The plaintiff in a proposed class action on Thursday accused high-end retailer Lord & Taylor of negligence in failing to protect its customers' private information, just days after the Hudson's Bay Co. subsidiary announced that it had been the target of a massive data breach in its North American stores.
3 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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March 14, 2018 | Delaware Business Court Insider

What's Really Happening in Securities Litigation? A Tale of Two Bars

Corporate Securities columnist John C. Coffee Jr. writes: Once upon a time, courts might wink and nod at “merger objection” cases and cooperate in their settlement. But with these cases now approaching 50 percent of all securities class actions, this “business-as-usual” approach cannot (and should not) continue. As a result, this may be the best of times for the established plaintiff's bar in securities class actions and the worst of times for the others.
13 minute read
February 20, 2018 | Delaware Business Court Insider

Stark Wipes Out $2.5 Billion Verdict in Hep C Drug Patent Case

A Delaware federal judge on Feb. 16 overturned a massive $2.5 billion jury verdict against Gilead Sciences Inc., finding that a patent held by a unit of Merck & Co. Inc. was too broad to be valid.
4 minute read
January 09, 2018 | Delaware Business Court Insider

Derivative Suit Against Twitter Directors Lands in Del.

A derivative suit accusing Twitter Inc.'s directors of insider selling and unjust enrichment landed in Delaware federal court on Monday, after the parties agreed to transfer the case from California.
4 minute read
January 03, 2018 | Delaware Business Court Insider

IBM Accuses Expedia of Infringement After Settling With Priceline

IBM Corp. last week added Expedia Inc. and its related travel websites to a list of companies that the tech giant has accused of infringing four patents covering information storage and sign-on technology.
3 minute read
December 01, 2017 | Delaware Business Court Insider

Glasscock Tosses Claim to Breakup Fee in Failed Merger

A Delaware Court of Chancery judge on Friday dealt a major blow to Energy Transfer Equity's bid to recover a breakup fee from a failed merger with The Williams Cos. Inc., saying the pipeline company's decision to walk away from the once-promising deal wiped out most of its claims to the $1 billion payment.
11 minute read

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