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Tom McParland of New York Law Journal can be contacted at [email protected]. Follow him on Twitter @TMcParlandALM.
February 1, 2019 | Delaware Business Court Insider
Vice Chancellor Tamika Montgomery-Reeves ruled Thursday that the complaint from investor Inter-Marketing Group USA failed to establish demand futility by alleging that a majority of the Plains board likely faced personal liability in connection with the spill.
By Tom McParland
1 minute read
January 23, 2019 | Texas Lawyer
A Texas judge on Tuesday denied class certification in an antitrust lawsuit alleging that the three largest hospital operators in San Antonio had conspired…
By Tom McParland
1 minute read
October 16, 2018 | Delaware Business Court Insider
U.S. District Chief Judge Leonard P. Stark of the District of Delaware on Monday declined to roll back the Jan. 12 verdict, which awarded Intuitive Machines cash and equity in Moon Express Inc. as a result of Moon Express' failure to complete work on the software underpinning its project.
By Tom McParland
1 minute read
October 11, 2018 | Delaware Business Court Insider
A dispute over a cross-licensing agreement between two major electronics manufacturers has spilled over into the Delaware Court of Chancery, with Sanyo Electronic Co. accusing Intel Corp. of improperly claiming the rights to its intellectual property.
By Tom McParland
1 minute read
September 13, 2018 | Delaware Business Court Insider
The U.S. Court of Appeals for the Third Circuit on Thursday upheld a Delaware Bankruptcy Court's decision to block a Florida-based energy company from collecting a $275 million merger termination fee against the bankruptcy estates of Energy Future Holdings Corp. and a subsidiary.
By Tom McParland
1 minute read
July 23, 2018 | Delaware Business Court Insider
The Delaware Court of Chancery has dismissed a shareholder challenge to Earthstone Energy Inc.'s $325 million acquisition of a Texas oil and gas firm in 2016, finding that the deal met business-judgment protections for a conflicted transaction.
By Tom McParland
1 minute read
July 2, 2018 | Delaware Business Court Insider
The Delaware Court of Chancery has allowed a former partner at Highland Capital Management to proceed with indemnification claims against the Dallas-based investment manager in a case seeking to recover $2.6 million he said he is owed from previous litigation in Texas.
By Tom McParland
1 minute read
June 4, 2018 | Delaware Business Court Insider
Chancellor Andre G. Bouchard said the statutory remedy was not an option for two Florida-based pension funds because Dr Pepper itself would not be merged with Keurig, but would merely participate as a parent company in the transaction.
By Tom McParland
1 minute read
May 18, 2018 | Delaware Business Court Insider
A Delaware Court of Chancery judge on Thursday refused to cancel a 2016 deal in which Energy Transfer Equity issued $1 billion in equity units, finding there had been no harm to investors. At the same time, however, Vice Chancellor Sam Glasscock III said the transaction was unfair.
By Tom McParland
1 minute read
May 10, 2018 | Delaware Business Court Insider
The U.S. Court of Appeals for the Federal Circuit on Wednesday refused to place any restrictions on where foreign companies may be sued for patent infringement in the wake of the U.S. Supreme Court's TC Heartland ruling.
By Tom McParland
1 minute read
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