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May 15, 2017 | Delaware Law Weekly

Carney Taps Litigator, Now Assistant Public Defender, for Supreme Court

Gov. John Carney on Monday nominated Gary F. Traynor, a Sussex County public defender and a former litigator with Prickett, Jones & Elliott, to become the next justice on the Delaware Supreme Court.
5 minute read
In re Oxbow Carbon LLC Unitholder Litig., DEFAX Case No. D67671 (Del. Ch. March 13, 2017), Laster, V.C. (20 pages).
Publication Date: 2017-04-05
Practice Area:
Industry: Energy
Court: Delaware Court of Chancery
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Case number: D67671

Parties' objection to discovery requests were overruled where the objections, particularly for privilege, were asserted in a generalized and conclusory manner and failed to specify the bases for as

March 06, 2017 |

Slights Awards Former CFO $1.8M in Indemnification Suit

The Delaware Court of Chancery on March 3 awarded a former officer of OptimisCorp $1.8 million to cover the cost of successfully defending allegations that he had plotted to remove a physical services company's chief executive back in 2012.
6 minute read
March 01, 2017 |

Questions Over Energy Company's Partnership Unit Issuances Headed to Trial

Vice Chancellor Sam Glasscock III is leaving for trial open questions regarding the propriety of partnership unit issuances Energy Transfer Equity made in the run-up to its since-scuttled merger with The Williams Cos. Inc.
15 minute read
In Re Dole Food Co., Inc. Stockholder Litig., DEFAX Case No. D67640 (Del.Ch. Feb. 15, 2017), Laster, V.C. (17 pages).
Publication Date: 2017-03-01
Practice Area:
Industry: Food and Beverage
Court: Delaware Court of Chancery
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Case number: D67640

February 08, 2017 |

Robinson Lets Common-Law Fraud Claims Stand in Fisker Litigation

A Delaware federal judge on Tuesday let stand common-law fraud claims in a securities fraud suit accusing Fisker Automotive Holdings Inc. executives of withholding important information regarding the state of the now-bankrupt hybrid car company's business.
9 minute read
December 07, 2016 |

Squeezed-Out Stockholder Has Standing to Sue GE, Glasscock Says

The Delaware Court of Chancery has ruled that a pension fund squeezed out of its stake in General Electric's financial services unit has standing to sue on behalf of itself and similarly situated stockholders, who claim they were shortchanged in a merger.
11 minute read
August 10, 2016 |

Recipient of Void Stock Issuance Lacks 220 Standing, Chancery Rules

Inclusion on a company's stock ledger, by itself, does not give a plaintiff standing to sue for books-and-records access, the Court of Chancery ruled last week.
13 minute read
June 11, 2016 |

Monday Mashup: The IP Lit Boutique With Sky-High Salaries; Online Dating Tips From the SEC; Gawker Goes Bankrupt

Who is IP litigation boutique Desmarais and why are they a new leader in the associate salary wars; Dating tips from the SEC; Gawker goes bust; a hot argument before the Third Circuit
37 minute read
In re Ebix, Inc. Stockholder Litig., DeFAX Case No. D67108 (Del. Ch. Jan. 15, 2016) Noble, V.C. (66 pages).
Publication Date: 2016-02-24
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Court: Delaware Court of Chancery
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Case number: D67108

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