Summary Judgment in Foreclosure Action; Defendant Failed to Give Notice of Second Mortgage

Although the Delaware General Corporation Law only required a corporate board to approve and recommend an essentially complete version of a merger agreement, the draft version approved by defendants failed to meet this standard by omitting key terms and ancillary documents repeatedly referenced throughout the agreement.

Court Finds Respondent Entitled to Recover Unpaid Attorney and Licensing Fees

In a complex legal dispute involving appellant Gespa Nicaragua, S.A. (Gespa) and appellees Flextronics International USA, Inc., Flextronics Automotive USA (Texas), LLC, collectively, Flextronics, Recom AG, and Expeditors International of Washington, Inc., the court addressed multiple issues stemming from a contract for the purchase of solar panels for a project in Nicaragua.