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December 29, 1999 |

Judge Strikes Down Investor Lawsuit in $1.15 Billion Sale of Arco Chemical Co.

Arco Chemical persuaded a Delaware Chancery Court judge to throw out a lawsuit filed by a former stock owner who said she'd been shortchanged in a $1.15 billion acquisition by rival Lyondell Chemical. Mary McMullen claimed Arco's board didn't shop around for the best price and hid information about the deal from investors. But Judge Myron T. Steele dismissed her suit. "The plaintiff pleads no facts showing that Arco Chemical's board acted out of self-interest or with gross negligence," Steele said.
3 minute read
February 15, 2001 |

Stumbling GOP Places Hopes on Connolly and Lee

Although two years have elapsed since Thomas J. Capano's riveting murder trial, fame has yet to flee from Colm F. Connolly, the ex-prosecutor who tried the case, and William Swain Lee, the retired Delaware Superior Court judge who presided and then ran for governor. Today they are regarded as two of the more intriguing political prospects in the Delaware Republican Party.
7 minute read
October 14, 2002 |

Civil Actions

3 minute read
October 20, 2010 |

Largest Mergers & Acquisitions

14 minute read
March 30, 1999 |

Dollars & Centocor

Despite numerous objections, a Delaware Chancery Court judge approved a class action settlement that will provide about $44 million to investors who claim they were underpaid when marketing rights a heart drug were sold by Centocor Inc. to Eli Lilly and Co. According to the deal, if total end sales of the drug ReoPro reach $600 million, the biotechnology firm Centocor will make an additional payments of $5 million to the investors.
4 minute read
February 27, 2002 |

New Deals

In a stock deal valued at about $5.9 billion, Los Angeles-based Northrop Grumman Corp., the third-largest U.S. defense contractor, made an unsolicited bid last Friday for advanced technology product manufacturer TRW Inc., which is headquartered in Cleveland. Northrop is offering $47 per share worth of its own stock for all 126 million shares of TRW. Northrop sees the acquisition as a way to challenge rival Chicago`s Boeing Co. for the position of second-largest defense contractor. Bethesda, Md.-ba
3 minute read
January 19, 2011 |

Leading M&A Transactions — Target or Acquirer Based in N.J. — 2010

Chart: Leading M&A Transactions — Target or Acquirer Based in N.J. — 2010
13 minute read

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