TODAY, YOU ANNOUNCE YOU'RE SELLING THE DELAWARE CHANCERY, WHERE THEY'RE WELL KNOWN, BECAUSE THERE WERE TWO CLASS ACTIONS AGAINST THEM IN THE CHANCERY -- ONE BEING FOR SELF-DEALING.
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The firm is one of the most prominent shareholder firms in Chancery Court, winning multimillion-dollar fee awards in landmark breach-of-duty cases in Delaware Chancery Court.
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Shareholders' lawyers have taken that hint in droves, leading, as Kyle Compton Wagner of the Chancery Daily has observed, to a spike in the volume of books-and-records litigation in Chancery Court.
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"By Samantha Hunt," in Apple Chancery — that most debased font.
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The settlement must be approved by Delaware's Court of Chancery.
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The complaint was filed earlier today in Delaware Chancery Court.
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It's time to shine a light on the Chancery Court.
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In 2014, Elting sued Shawe in the Chancery Court of Delaware.
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Does the statute allow Chancery Court to take that drastic step?
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The case is still working its way through Delaware chancery court.
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By then, ETE and Williams were already litigating in Chancery Court.
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My venue is a WeWork on Chancery Lane, in central London.
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Insys Therapeutics Inc, Cook County Circuit Court, Chancery Division, No. 2016CH11216.
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Its chancery court specializes in quickly resolving big-dollar business cases.
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"The Delaware Chancery Court is known for its efficiency," Sturm said.
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The fee issue is now fully briefed and argued in Chancery Court.
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The chancery is housed in a plain brick building near Prospect Park.
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Last summer, Chancellor Andre Bouchard of Delaware Chancery Court dismissed their case.
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Their confidence was shaken by two Chancery Court opinions earlier this year.
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Lots of Chancery Court judges have relied on deal prices to determine fair value.
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Shareholders moved for a preliminary injunction to block the deal in Delaware Chancery Court.
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Jack Markell picked her to fill a vacant seat on the Court of Chancery.
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Tilton testified in Delaware's Court of Chancery that A&M had all the documents it needed.
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National Amusements asked the Delaware Court of Chancery to rule that the board changes are legal.
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Goldgar did not rule on a request to stay similar litigation in Delaware's Court of Chancery.
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The opening featured "Optimism," a performance that spilled out from the gallery onto narrow Chancery Lane.
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In a case filed in Delaware Chancery court, stockholders are suing Tesla over the SolarCity deal.
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Elting convinced the Court of Chancery to order the company sold, a move opposed by Shawe.
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A Delaware Chancery Court is now weighing pre-trial motions from both sides in the suit.
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In a complaint filed in Delaware's Court of Chancery, John Schnatter accused Papa John's International Inc.
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Already, attorneys have filed a chancery motion asking that all evidence in the case be preserved.
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The lawsuit was filed in the Court of Chancery in Delaware, where DreamWorks Animation is incorporated.
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The compound consists of seven buildings, including a main chancery and quarters for Marine security guards.
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The divorce filing cites irreconcilable differences and inappropriate marital conduct, Maury County Chancery Court records show.
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Akorn has sued in Delaware Court of Chancery to try to hold Fresenius to the deal.
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The complaint, filed in Delaware Chancery Court, said Mr. Weinstein needed the materials to defend himself.
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Delaware's Chancery Court is one of the busiest venues in the United States for commercial litigation.
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Chevron, in which Delaware Chancery Court okayed forum selection clauses for shareholder litigation against corporate board members.
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The defendants did not admit wrongdoing in agreeing to the settlement filed with the Delaware Chancery Court.
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Zuckerberg was scheduled to testify on the matter in Delaware Chancery Court in just a few days.
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In 2015, Chancellor Andre Bouchard of the Court of Chancery ordered the company sold, and Shawe appealed.
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The two companies sued each other in Delaware Chancery Court in May after months of heated disagreement.
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Another Williams lawsuit filed against ETE on Wednesday, in the Delaware Court of Chancery, remains under seal.
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The court case is lengthy and we are currently reviewing more documents from the Delaware Chancery Court.
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Of course, acquired companies may also benefit when Chancery judges disregard the deal price in appraisal actions.
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CB&I filed the suit in the Court of Chancery in the state of Delaware on Thursday.
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The latest complaint was filed in the Court of Chancery in Delaware, which often handles corporate disputes.
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Later on Tuesday, Vivint filed a lawsuit against SunEdison in Delaware Chancery Court, alleging breach of contract.
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According to documents, the site includes the existing US Embassy Chancery site and British High Commission property.
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But according to the Delaware Court of Chancery, the case has been canceled and settled out of court.
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Last October the Forbes family, through its investment vehicle Highland Management L.L.C., sued in Chancery Court in Delaware.
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On view at Chancery Lane, his installation "Soap Block" (2015) consists of scores of carved pieces of soap.
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Yesterday Benchmark sued Kalanick for fraud, breach of contract and breach of fiduciary duty in Delaware Chancery Court.
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The seven story office building next to the embassy collapsed and the rear of our chancery blew off.
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The case is Good Technology Corporation Stockholder Litigation, Court of Chancery, State of Delaware C.A. No. 11580-VCL.
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The two-day trial kicked off in Delaware's Court of Chancery before Vice Chancellor Sam Glasscock on Monday.
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In a complaint filed in Delaware&aposs Court of Chancery, John Schnatter accused Papa John&aposs International Inc.
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The Court of Chancery judge, however, said there was no evidence that the board simply rubberstamped a deal.
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Latham can begin to forget the awkwardness of defending its integrity at a 20163 trial in Chancery Court.
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"We are pleased that the Delaware Supreme Court affirmed the Chancery Court's well-reasoned opinion," the statement said.
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The settlement between Goldman and Jiampietro was revealed in papers filed late last week in Delaware Chancery Court.
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Goldman Sachs Group Inc, Delaware Court of Chancery, No. 12601-VCL, and The Goldman Sachs Group Inc v.
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Everything is riding on a decision by Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery.
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Delaware's Court of Chancery noted in this case there was no "coherence" to the interpretation of these standards.
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In its ruling, the Chancery cited a column I wrote about this very issue in the Dell case.
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The stockholder suit was filed against Tesla in a Chancery Court of Delaware more than three years ago.
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Bouchard's ruling sparked an unprecedented public campaign against the decision, including television ads bashing Chancery Court by TransPerfect employees.
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The case is City of Monroe Employees' Retirement System v Murdoch et al, Delaware Chancery Court, No. 2017-0833.
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"We conclude that the Court of Chancery erred in interpreting the purchase agreement this way," the Supreme Court wrote.
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The key to the case is the standard of review that the Chancery judge will apply to shareholders' claims.
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Shareholders leveled their accusations against Cravath in an amended class action complaint filed last week in Delaware Chancery Court.
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As he got to know the faithful in the chancery of Indianapolis, he would joke with them about it.
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"Bleak House," Charles Dickens From the highest in the land to the lowest, the court of Chancery destroys lives.
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As I've reported, the shareholder bar is increasingly disgruntled about the outcome of derivative litigation in Delaware Chancery Court.
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Miles to protect corporate assets and stakeholders' interests * Nuvasive inc - filed a lawsuit in delaware chancery court against patrick s.
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Among the possible scenarios: Judge Samuel Glasscock of Delaware's Court of Chancery could decide to send the dispute to arbitration.
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No date has been set for Chancellor Andre Bouchard, the judge on Delaware's Court of Chancery, to resolve the conflict.
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The lawsuit filed was under seal in Delaware's Court of Chancery, and Schnatter asked the court to expedite the case.
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Both companies and dissenting shareholders, in other words, have reasons to argue against Chancery judges deferring to the deal price.
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The ruling from Vice Chancellor Joseph Slights of Delaware's Court of Chancery said these entities belong to the Zohar fund.
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Chancellor Andre G. Bouchard of Delaware's Court of Chancery put a temporary halt to the legal wrangling in his decision.
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In its lawsuit, filed in Delaware's Court of Chancery, Starboard argued that comScore was essentially flouting its own corporate rules.
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But in Wednesday's order certifying the appeal, Vice-Chancellor Laster suggested that Chancery needs some guidance from the Supreme Court.
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But the LPS opinion tells companies that if they run an unimpeachable sales process, Chancery judges will trust the market.
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Chancellor Andre Bouchard of Delaware Chancery Court appointed a custodian for TransPerfect after concluding the hopeless deadlock was imperiling the company.
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The settlement payment was being funded "by defendants and/or their insurers," according to papers filed with Delaware's Court of Chancery.
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The lawsuit, filed in the Delaware Chancery Court, seeks to give Mudrick Capital the right to inspect Globalstar's books and records.
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Facebook withdrew the proposal last month, just days before Zuckerberg was set to testify in the suit in Delaware Chancery Court.
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CDT on Wednesday, a day before the Delaware Chancery Court could enter judgment against the parent on $3.7 billion in claims.
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He's been in the Chancery Lane WeWork for about four months and said its sense of support and community is genuine.
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Strine was elevated from the role of chancellor, or chief judge, of the Court of Chancery, which specializes in corporate disputes.
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You can change the color, but it'd be great to spice it up with a little apple chancery once in awhile.
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Calyxt said late on Tuesday that Bayer CropScience had agreed to settle a lawsuit brought by Calyxt in the Delaware Chancery Court.
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The Delaware Court of Chancery enjoined the $4.7 billion company's annual meeting until at least June 19, a Rodgers spokesman told Reuters.
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Timeline: The judge, Delaware Chancery Court's Sam Glasscock, is expected to rule on the arbitration issue by as early as this Wednesday.
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Williams decided to sue Energy Transfer in the Delaware Court of Chancery to unwind the private offering, according to a statement Wednesday.
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But in recent years, according to Vice-Chancellor Laster, some Chancery rulings have imposed limits and conditions on shareholders' rights of access.
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Abbott Laboratories sought to escape its $5.8 billion acquisition of the medical test maker Alere with a lawsuit in Delaware Chancery Court.
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The case is Good Technology Corporation Stockholder Litigation, Court of Chancery, State of Delaware C.A. No. 11580-VCL Reporting by Andrew Hay
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I am concerned about next week's verdict in the Energy Transfer Enterprises and Williams battle that is going on at the Chancery Court.
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Vivint filed a lawsuit earlier this year against SunEdison in Delaware Chancery Court after Vivint terminated its planned $2.2 billion merger with SunEdison.
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Bouchard rejected the deal's proposed $350,000 fee award for plaintiffs lawyers – and warned that Chancery Court would no longer reflexively approve these settlements.
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The two companies battled it out in Delaware Chancery Court in a case Mr. McCausland's lawyers gave him a slim chance of winning.
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The Delaware Supreme Court defers to the Chancery Court, particularly in a case like this in which the sides are arguing over facts.
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At the same time as Morgan Stanley was negotiating with Cerberus, C&J appealed the Chancery Court injunction to the Delaware Supreme Court.
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What they showed that is for the chancery—for the headquarters—and for the parishes, there were hundreds (literally hundreds) of bank accounts.
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This solution allowed construction of a new chancery that meets all security standards, yet used no tax payer dollars to fund the project.
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In January, hundreds of guests packed into to the embassy's chancery, among them dozens of Trump-campaign alumni and future West Wing staff.
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O in 2015 at a "fire-sale" price of $425 million, the shareholders said in the amended lawsuit filed in Delaware Chancery Court.
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Wilkinson County Chancery Clerk Thomas Tolliver said an apartment complex and surrounding houses in the town were flooded after 10 inches of rain fell.
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That rift between Kalanick and Benchmark burst into public notice in an extraordinary explosion that landed in Delaware's Court of Chancery on Thursday afternoon.
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Chicago Bridge sued last year in Delaware's Court of Chancery seeking a declaration that GAAP compliance was not an issue for the independent auditor.
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Jacobs was a vice-chancellor in Delaware Chancery Court from 1985 to 2003 and then a justice on the state Supreme Court until 2014.
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The WSJ report said that San Francisco-based hedge fund, Partner Fund Management, filed a suit in the Delaware Court of Chancery on Monday.
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He also argued that the legal quarrel should take place in arbitration and that Delaware's Chancery Court, where the lawsuit was filed, lacks jurisdiction.
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Westinghouse disagreed and convinced a judge on the lower Court of Chancery the case had to be dismissed and heard by an independent auditor.
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Chancery Court judges decided to no longer reflexively approve "disclosure-only" settlements requiring companies merely to reveal more, often immaterial details about their mergers.
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Fresenius abandoned the merger agreement last month, and Akorn has sued in Delaware Court of Chancery to try to hold Fresenius to the deal.
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"The T. Rowe Petitioners' shares do not qualify for appraisal," Judge Travis Laster of Delaware's Court of Chancery wrote in a 70-page opinion.
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The lawsuit, filed in the Delaware Court of Chancery, followed the social networking company's announcement on Wednesday of its plan to issue the shares.
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The new lawsuit, filed in Delaware Court of Chancery, says payments to Redstone "for services not rendered" amounted to bad faith by Viacom's board.
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Alere filed a complaint in Delaware Chancery Court, saying Abbott had not taken the necessary steps, including obtaining antitrust approval, to close their deal.
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But then you notice the lancet windows of the city's Victorian-gothic cathedral, and the British street names: Chancery Lane, Bristol Avenue, Fenwick Street.
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In a 17-page opinion, Chancellor Andre Bouchard of the Delaware Court of Chancery denied CBS's request, highlighting Redstone's rights as the controlling shareholder.
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In 2008, he petitioned for a leave of absence, telling the chancery that he was questioning his vocation because of his own sexual abuse.
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She clerked for William B. Chandler III, head of Delaware's highly influential Court of Chancery, which handles many of the nation's business-related cases.
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Clearly, Vice-Chancellor Laster is concerned that some of his Chancery Court colleagues are getting too miserly about allowing shareholders access to corporate records.
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Icahn, in his lawsuit filed in Delaware Court of Chancery in May, sought access to the oil producer's financial records and details of negotiations.
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In 2013, the Delaware Chancery court blocked Activision Blizzard Inc $8.2 billion buyout of its shares from Vivendi SA, after a shareholder filed a lawsuit.
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The state AG, Gurbir Grewal, cited, among other precedent, a December 2018 opinion from Vice-Chancellor Travis Laster of Delaware Chancery court in Sciabacucchi v.
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" Alere filed a complaint in Delaware Chancery Court Thursday, saying in part Abbott failed to "fulfill its obligations under the terms of the merger agreement.
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Followers of Mr Fama will no doubt wish that the Delaware supreme court had followed the chancery court's decision to defer entirely to market pricing.
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Global GT, the Delaware Supreme Court expressly rejected a call to require Chancery Court judges to default to the deal price to assess fair value.
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But if you're a deal lawyer (or a Chancery Court judge evaluating the conduct of deal lawyers) consider yourself warned: The chief justice is watching.
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At the time, Nicholas P. Cafardi, a former lawyer for the diocese, heard about the case from friends in the chancery, the diocese's administrative center.
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Judge Samuel Glasscock III of Delaware's Court of Chancery ruled that a legal dispute between Mr. Kalanick and Benchmark be moved to arbitration for now.
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It said the case had been brought by the law firm Schillings in the Chancery Division of the High Court, but did not specify damages.
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The order signed by a Delaware Chancery Court judge further diminishes Maduro's efforts to reclaim control over Houston-based Citgo, a subsidiary of state-run PDVSA.
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Just days before Williams shareholders vote on the deal on June 27, the two sides are heading to Delaware's Court of Chancery to make their case.
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Redstone and National Amusements sought the approval of the Court of Chancery in Delaware — the state where Viacom is incorporated — to kick off the board members.
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Redstone and National Amusements sought the approval of the Court of Chancery in Delaware - the state where Viacom is incorporated - to kick off the board members.
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Those shareholders brought what is known as an appraisal suit, calling on the Chancery Court to determine the fair value of their holdings at the time.
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Travis Laster, a judge on the Delaware Court of Chancery, ruled that Fresenius had validly terminated its merger agreement following a dramatic decline in Akorn's business.
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The complaint filed in Delaware Chancery Court says that the buyout process was flawed in large part because of the participation of management and board members.
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In addition to the SEC administrative proceeding, Tilton and the Patriarch funds are facing private litigation in Delaware Chancery Court over the collateralized loan obligation funds.
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The case is Alcoa Inc v Alumina Limited, Alumina (USA) Inc, and Alumina International Holdings Pty Limited, Case No. 12385-, in the Court of Chancery, Delaware.
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One of the basic requirements of corporate governance is the "Caremark duty" imposed on directors, named for an opinion from the Delaware Chancery Court in 1996.
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One of the basic requirements of corporate governance is the "Caremark duty" imposed on directors, named for an opinion from the Delaware Chancery Court in 1996.
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Delaware judges, both on the Supreme Court and in Chancery, have developed the unusual tradition of frequently appearing at conferences and symposiums to discuss Delaware law.
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The complaint, filed in Delaware Chancery Court, also accused the former executive, Patrick Miles, of soliciting NuVasive employees to join him at Alphatec, violating an earlier agreement.
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In a Delaware Chancery Court filing, originally identified by Axios' Dan Primack, the suit alleges that Kalanick committed fraud, breach of contract and breach of fiduciary duty.
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Scores of investors who voted against the deal filed a lawsuit in Delaware's Court of Chancery, asking the court to determine the fair value of the stock.
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This filing reiterates Kalanick's earlier argument that Benchmark's claims are subject to mandatory arbitration and that the Delaware Chancery Court doesn't have the jurisdiction to settle them.
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Instead, according to filings last week in Delaware Chancery Court, the special litigation committee has balked at turning over the fruits of its investigation to plaintiffs' lawyers.
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The hedge fund, Partner Fund Management LP, filed the lawsuit in the Delaware Court of Chancery on Monday afternoon, a letter to the hedge fund's investors said.
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In its counterclaim in Delaware Court of Chancery, Sinclair rejected Tribune's allegations and suggested the companies had been very close to winning U.S. Department of Justice approval.
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The lawsuit was filed in the Delaware Court of Chancery by a special committee formed within CBS' board in an attempt to preserve CBS stockholders' best interest.
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Abbott filed a complaint in the Delaware Court of Chancery to kill the deal it struck with Alere in late January, worth $5.8 billion at the time.
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The lawsuit, filed in Chancery Court in Delaware, centers on a plan, approved by Uber stockholders in June 2016, to expand the board from eight members to 11.
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Pep Boys-Manny, Moe & Jack of Delaware Inc et al, Superior Court of New Jersey, Chancery Division, Essex County, No. C-277-15; and Hoffman et al v.
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Pulier resigned in April 2015, one month before Computer Sciences sued him in Delaware Chancery Court, accusing him of fraud and breach of contract, according to court records.
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Those are some of the nearly 200 companies with similar charter provisions that Vaalco cited during its defense against a shareholder class action in Delaware's Court of Chancery.
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Appraisal litigation, as I wrote last week, is at an inflection point as Chancery judges like Glasscock and Laster figure out how to apply Delaware Supreme Court precedent.
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According to an amended lawsuit filed on Thursday in Delaware Chancery Court, shareholders of Good Technology said J.P. Morgan was deeply conflicted in its dealings with the company.
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In its counterclaim in the Delaware Court of Chancery, Sinclair rejected Tribune's allegations and suggested the companies had been very close to winning U.S. Department of Justice approval.
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"Tribune was a full and active partner in this process and approved of the Parties' shared strategy for seeking FCC approval," the filing in Delaware Chancery Court reads.
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On Wednesday, the Tennessee Supreme Court will hear opening arguments in the appeal of the chancery court decision permitting the state to proceed with executions that use midazolam.
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Or will it just wait further, as that still-pending case against the Tronc board and its principal officers in Delaware Chancery Court moves to resolution in Dover?
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The multi-story "Chancery new office building" is slated to be almost 22019,000 square feet, including "shops and vehicular maintenance shops and break-room" and a parking lot.
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Deal Professor Abbott Laboratories declared full-scale war on Alere on Wednesday, filing in Delaware Chancery Court to end its $5.8 billion acquisition of the medical test maker.
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They are also senior executives of SunEdison and participated in the plan to misappropriate Terraform's assets, according to the lawsuit, filed in the Court of Chancery in Delaware.
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Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery approved a settlement in the Riverbed case and a lawyers' award of $329,881.61, reduced from a requested $500,000.
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Judge Travis Laster on the Delaware Court of Chancery found a credible basis for investigating the handling of de Castro's compensation, and ordered Yahoo to turn over the documents.
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The Court of Chancery ruled for Westinghouse, a decision the Supreme Court said on Tuesday opened the way for Westinghouse to make "a wide-ranging" challenge Chicago Bridge's accounting.
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The ruling sends the case back to the Delaware Court of Chancery, which dismissed the lawsuit in March at an early stage without considering the merits of the allegations.
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Last week, the Delaware Court of Chancery handed down a startling decision with broad implications for the future of corporate takeovers: It determined that the board of Dell Inc.
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Alere filed suit last week in the Delaware Court of Chancery, arguing that Abbott is trying to stymie the deal by purposefully delaying key submissions to anti-trust regulators.
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Chancellor Andre G. Bouchard of Delaware's Court of Chancery put a temporary halt to the legal wrangling between CBS and its controlling shareholder, Shari Redstone, in his Wednesday decision.
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" And to the extent that other Chancery judges imposed a higher bar, Vice-Chancellor Laster said, those decisions "(go) beyond what Section 220 and Delaware Supreme Court precedent require.
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The lawsuit was filed under seal last week in the Delaware Court of Chancery; a partially redacted version was released on Monday and is reported here for the first time.
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One event is a reception, and the other is a dinner for members of Congress to meet with Takuya Sasayama, minister and head of chancery at the Embassy of Japan.
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Underlying the lawsuit is an earlier decision in the Delaware Court of Chancery, when the court invalidated another company's stock split because it did not follow the state's corporate law.
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But since then, as energy prices plummeted, Energy Transfer wanted to sever the deal, which it was able to do after prevailing in a Delaware Chancery Court decision in June.
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Chancellor Leo E. Strine Jr. of the Delaware Court of Chancery allowed the deal to go through, but scolded Goldman over the conflicts in one of his most famous opinions.
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The hadaka-jime in judo and jujutsu, the sleeper hold, rear chancery, or the Japanese strangle hold in catch wrestling and in old military manuals on hand-to-hand combat.
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Delaware Governor John Carney on Friday announced Paul Fioravanti Jr, a director at law firm Prickett Jones & Elliott, as his pick for vice chancellor of the state's Court of Chancery.
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Shawe seems never to have recovered completely from the 1997 breakup, based on the evidence contained in an unusually vivid Delaware Supreme Court opinion Tuesday and a 2015 Chancery Court opinion.
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But it's not beyond the realm of possibility that a future Chancery judge will rely on the statute allowing the appointment of custodian to order the sale of a profitable business.
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As a big fan of the front headlock / chancery game and an avid user of guillotines I was pleased to see that Bowman had turned his mind to the snap down.
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Delaware's high court ruled that the Court of Chancery erred when it dismissed the lawsuit against the board of Zynga, which created the online game Farmville, in February for procedural reasons.
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With a judgement released over the weekend, the England and Wales High Court Chancery Division of the Patents Court determined that two patents covering AbbVie's best-selling drug Humira are invalid.
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Plaintiffs Charitey and Heather Mackenzie, Crystal Dawn and Terra Mears, Elizabeth and Heather Broadaway, and Kathrine and Emilie Guthrie filed the suit on Monday in Davidson County Chancery Court in Nashville.
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His decision is widely regarded as a harbinger of Chancery Court's thinking about any future attempt to mandate arbitration of shareholder claims by means of a corporate charter provision or bylaw.
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A lawsuit filed by Maduro's representatives on Tuesday in Delaware Chancery Court seeks to reassert control over Citgo , along with other U.S. subsidiaries of PDVSA , the Venezuelan state-run oil company.
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One provision, known as the "bare majority" requirement, insists that no more than 23% of the judges of the Supreme, Superior and Chancery Courts be affiliated with either major political party.
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The suit, filed in Delaware's Court of Chancery by CBS's parent company, National Amusements, came in response to a surprise legal offensive by Leslie Moonves, CBS's chief executive, on May 14.
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CBS sued its parent company, the Redstones' National Amusements, in Delaware's Court of Chancery to prevent Ms. Redstone from interfering with a meeting of a special board committee scheduled for Thursday.
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The refiner has dueling boards, one appointed by the Venezuelan opposition that is recognized by the Court of Chancery in the U.S. state of Delaware, and another appointed by Venezuelan officials.
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A landmark Delaware Chancery Court decision that is widely seen as a bulwark against the prospect of corporations requiring shareholders to arbitrate securities claims is now before the Delaware Supreme Court.
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A lawsuit filed by Maduro's representatives on Tuesday in Delaware Chancery Court seeks to reassert control over Citgo, along with other U.S. subsidiaries of PDVSA, the Venezuelan state-run oil company.
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The Delaware Court of Chancery judge overseeing the case, Samuel Glassnock, said in a separate filing on Thursday that the first hearing on the arbitration request would be held in Georgetown, Del.
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In a lawsuit filed in Delaware's Court of Chancery in August, Alere accused Abbott of dragging its feet on key antitrust submissions in an effort to sabotage its planned acquisition of Alere.
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Venezuelan congress chief Juan Guaido's recognition by the Trump administration as the South American country's legitimate leader makes his Citgo appointments valid, Delaware Chancery Court Vice Chancellor Kathaleen McCormick ruled on Friday.
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The lawsuit was filed by the Williams Companies in Delaware Chancery Court just six weeks before the June 28 deadline after which Energy Transfer, which is based in Dallas, can walk away.
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The investor, an affiliate of Natural Gas Partners or NGP, brought the lawsuit on Wednesday in Delaware's Court of Chancery, less than a month after Triangle USA Petroleum Corp filed for bankruptcy.
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Strine said the restriction could lead to wasteful, overlapping litigation in multiple jurisdictions, and deny KT4 a "safety valve" if the chancery court were unable to assert jurisdiction over Karp and Thiel.
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"We are pleased that the Delaware Court of Chancery agreed that John Schnatter's remaining document requests are 'overbroad' and significantly limited the scope of these requests," a spokesperson for Papa John's said.
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"As a citizen, I'm free to use my voice, and I will not agree to remove stop my campaign, until the issue of Chancery Court corruption is addressed," she told CBS News.
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In the amended complaint, filed in Delaware Chancery Court, CBS asserted the independence of its board and asked the court to rule on which side's interpretation of the recent vote is lawful.
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An updated, amended version of the suit was filed in Delaware's court of Chancery earlier this week, with fresh details about the origins of the deal and the boardroom drama it caused.
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The legal dispute began in August when Benchmark sued Kalanick in Delaware's Chancery Court to force him off the ride-hailing firm's board and rescind his ability to fill three board seats.
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But he said he and Eisenhofer pulled out when two Chancery Court judges told Grant they weren't comfortable with the idea of him and Eisenhofer effectively acting as both client and lawyer.
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In an opinion in May 2018, Vice-Chancellor Sam Glasscock of Delaware Chancery Court agreed that shareholders had shown it would have been futile for them to demand action from the board itself.
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Under the express language of the custodian statute, the Supreme Court said, Chancery Court can order a custodian to take the same range of actions available to court-appointed receivers overseeing insolvent companies.
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That is when a Delaware Court of Chancery judge ordered the company liquidated, saying the Delaware Department of Insurance had uncovered multiple acts of fraud by Indemnity's founder, 43-year-old Jeffrey Cohen.
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KIEV (Reuters) - Ukraine's largest lender, PrivatBank, has filed a lawsuit against former owner Ihor Kolomoisky in the Delaware Court of Chancery in the United States, the bank said in a statement on Thursday.
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It was carefully prepared and written in what is known as a court hand, likely belonging to a professional scribe, who might have been a member of the King's government department or Chancery.
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In rejecting a proposed class settlement, Andrew Bouchard, the chancellor or chief judge of Delaware's Court of Chancery set a tough standard for approval of so-called "disclosure-only settlements" in his court.
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If that's all dissenting shareholders need to show to convince Chancery judges to disregard the deal price in appraisal actions, appraisal arbitrage may have more of a future than I thought last week.
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Benchmark sued Kalanick for fraud in Delaware's Chancery Court last week, alleging that he had gamed the balance of Uber's board in order to lay the groundwork for his return to the company.
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Still, the 17-page decision by Chancellor Andre G. Bouchard of Delaware's Court of Chancery left a door open for CBS to challenge any further moves by its main shareholder down the line.
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Other discoveries for this critic include Li Yuan-Chia, a conceptual artist and abstract painter at Richard Saltoun (114), and Huang Rui, whose deep red geometric canvases are at 10 Chancery Lane (7502).
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"I've never seen anything like what's transpired here today," Andre Bouchard of Delaware's Court of Chancery said at a hearing yesterday that became the battleground between CBS and its controlling shareholder, Shari Redstone.
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But as appraisal litigation spread, companies in M&A deals were reassured by the weight Chancery judges seemed to be willing to give to deal prices achieved in well-run, well-advised sales.
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Xerox shareholders, for instance, probably wouldn't have been able to enjoin an announced $6.1 billion acquisition by Fujifilm if they'd been in Chancery Court instead of New York State Supreme Court, Grant said.
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In May 2015, after publication of this paper, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery refused to approve a settlement with disclosure components in litigation over Cobham's acquisition of Aeroflex.
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By midday Tuesday, Sam Glasscock III, the vice chancellor of the Court of Chancery, dropped a bombshell: He did not care if Latham was right or wrong in refusing to issue its tax opinion.
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The Delaware Chancery Court has barred the CEO of medical device company Cogentix Medical Inc from reducing the size of the company's board in order to gain the upper hand in a proxy battle.
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That transaction led W illiams to file lawsuits this month — against Energy Transfer in Delaware Court of Chancery and Mr. Warren in the District Court in Dallas — arguing that they breached the merger agreement.
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However, Sam Glasscock III, the vice chancellor of the Court of Chancery, ruled on Friday that Latham was acting in "good faith" and would not have risked its reputation on behalf of its client.
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Chandler, who served as Chancellor of Delaware Chancery Court from 1997 to 2011, also said the Supreme Court's ruling is a powerful reminder of the state's "broad, enabling view" of corporate compacts with shareholders.
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Then he arrived in Delaware, where a Robbins Geller team had set up shop for the Musk trial, which was due to last for two weeks in Chancery Court before Vice-Chancellor Joseph Slights.
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" • Why Delaware's Court of Chancery should reject a CBS board move to dilute the Redstones' voting power to 2583 percent from 22008 percent: "This is an unprecedented usurpation of a controlling stockholder's voting power.
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Walmart, the world's largest retailer, said Wadlin's knowledge of its strategic plans "would be of immense benefit to Amazon," according to the lawsuit, which was filed late on Wednesday in Delaware's Court of Chancery.
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Earlier this month, Delaware Chancery Court Vice Chancellor Kathaleen McCormick ruled that the opposition-backed directors were legitimately appointed, although she delayed a final order to allow the former directors time to challenge the process.
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The Delaware Supreme Court sent the case back to the Court of Chancery and directed Chancellor Andre Bouchard to reassess his finding and explain why he did not accept the deal price as fair value.
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PrivatBank launched a case against Kolomoisky in the Delaware Court of Chancery in the United States this week, accusing the tycoon and associates of misappropriating and laundering the proceeds of corporate loans from the bank.
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Here are the highlights, per a filing in Delaware Chancery Court: Urgency: Benchmark has asked for a preliminary injunction that would effectively kick Kalanick off the company's board and out of its CEO search process.
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Benchmark, the VC firm which recently filed a lawsuit against Uber ex-CEO Travis Kalanick, continues to push for his immediate removal from the company's board, according to new documents filed in Delaware Chancery Court.
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Meanwhile, Schnatter has agreed to dismiss two lawsuits: one against the company in the Delaware Chancery Court without prejudice and one in Jefferson County, Kentucky, related to a sublease agreement with prejudice, the company said.
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Schnatter has also agreed to dismiss two lawsuits: one against the company in the Delaware Chancery Court without prejudice and another in Jefferson County, Kentucky, related to a sublease agreement with prejudice, the company said.
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The legal filing, first spotted by Axios, also posits that Benchmark's claims are subject to mandatory arbitration, and that the Delaware Chancery Court, where the complaint was filed, doesn't have the jurisdiction to settle them.
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The German healthcare giant Fresenius, which received court approval last year to walk away from a $2155 billion deal to acquire Akorn, is suing Akorn in Delaware Chancery Court for damages from the busted deal.
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While that case was pending, Mr. Aleynikov filed a separate lawsuit in the Delaware Court of Chancery seeking payment for his lawyers to defend against claims filed against him by Goldman in the federal case.
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In 1981, Anthony Bevilacqua, then a high-ranking Brooklyn chancery official, who later became the cardinal archbishop of Philadelphia, facilitated Mr. Ferraro's move to a Missouri parish, where he was later accused of molesting children.
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"He arrived with a truck full of stuff and said he was making more stuff," Katie de Tilly, founder of 22014 Chancery Lane Gallery, said the day before the opening, sounding both exasperated and amused.
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The decision, by Judge Samuel Glasscock III of Delaware Chancery Court, was the first in a high-profile case brought this summer by the venture capital firm, Benchmark, one of Uber's earliest and largest shareholders.
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The lawsuit filed in Delaware Chancery Court is the latest flare-up over the fate of Uber, the privately held company founded eight years ago by Mr. Kalanick that is valued at nearly $70 billion.
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Chancellor Andre Bouchard of the Court of Chancery in Wilmington said an earlier dismissal by an Arkansas judge of a nearly identical lawsuit by another group of shareholders precluded the Delaware case from going forward.
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Let's break down what happened: • CBS sued its parent company, the Redstones' National Amusements, in Delaware's court of chancery to prevent it from interfering with a meeting of a special board committee scheduled for Thursday.
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After earning a degree in political science at Drew University in Madison, N.J., in 1960, Mr. Castile taught history and chancery cursive, a 15th-century form of calligraphy, at St. Thomas Choir School in Manhattan.
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The case prompted a campaign by some of TransPerfect's 3,500 employees seeking to curtail the power of the Court of Chancery, which handles disputes involving the state's corporate law for companies all over the United States.
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In a decision on Thursday, Vice Chancellor Joseph Slights of the Delaware Chancery Court said shareholders demonstrated a "credible basis" to infer that Facebook board members may have committed wrongdoing in connection with data privacy breaches.
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Last February, Judge Joseph Slights of the Delaware Court of Chancery let KT4 inspect some Palantir financial records, saying it had shown "a proper purpose of investigating potential wrongdoing" and a credible basis to probe further.
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McKesson disclosed in a quarterly report filed with the U.S. Securities and Exchange Commission on Wednesday that an agreement in principle had been reached with shareholders who filed derivative lawsuits in Delaware Chancery Court in 2017.
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The Delaware Chancery Court found that R.B.C. altered its fairness opinion, or a bank's assessment of what an offer price should be, to make a bid by Warburg Pincus to buy Rural/Metro look more attractive.
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It was then that a Viet Cong sapper team blew a hole in the wall of the brand new U.S. Embassy and rushed inside to try to storm the chancery where the ambassador's office was located.
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"The new E. Musk compensation plan is so large it dwarfs the pay package of every other public company CEO," said the complaint by Richard Tornetta that was unsealed on Thursday in Delaware's Court of Chancery.
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Nearly a decade ago, when plaintiffs' lawyers routinely filed M&A shareholder class actions simultaneously in multiple jurisdictions, Delaware corporations began adopting forum selection provisions mandating that shareholders litigate breach-of-duty claims in Chancery Court.
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Last year the chancery court of Delaware decided that some shareholders of Aruba Networks, a company that Hewlett Packard (HP) acquired in 2015, should be awarded just $17.13 per share—the price before the deal was announced.
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In its lawsuit filed with the Delaware Court of Chancery Thursday morning, Tribune accused Sinclair of torpedoing the deal by stubbornly refusing to accede to the demands of antitrust regulators at the FCC and the Justice Department.
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Vice Chancellor J. Travis Laster of the Delaware Court of Chancery found that the process was not entirely complete because the Dell board did not reach out to all parties, something I had highlighted during this dispute.
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In a lawsuit filed last week in Delaware Chancery Court, Alere portrayed Abbott as suffering from "buyer's remorse," saying its executives had vowed to make life difficult unless Abbott was allowed to walk away from the deal.
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But those who do may want to check out a lawsuit unfolding in Delaware Chancery Court, one that involves the former chief executive of United and a prime figure in the Bridgegate scandal that has dogged Gov.
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The multibuilding complex is situated on a 12-acre site southeast of downtown N'Djamena and includes a chancery, U.S. Marine Corps residence, warehouse, shops, utility building and facilities for the embassy community, according to the State Department.
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Filed in Delaware's Court of Chancery on Friday, the lawsuit is the latest in a series of legal challenges for Patriarch Partners, a firm with investments in more than 70 companies including Dura Automotive and Dana fragrances.
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Last month he claimed a victory when Chancellor Andre Bouchard of Delaware Court of Chancery ordered the Papa John's board to give Schnatter some internal documents and communications, including text messages on personal devices, related to his firing.
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In December, as I reported, Vice-Chancellor Travis Laster of Delaware Chancery Court struck down Securities Act forum selection clauses in the corporate charters of three companies that went public in 2017, Blue Apron, Stitch Fix and Roku.
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The Chancellor, capping of a series of decisions in which Chancery judges looked askance at disclosure-only M&A settlements, refused to approve a deal that would have settled a shareholder class action challenging Zillow's acquisition of Trulia.
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But it's still possible for shareholder lawyers to win generous fee awards in Chancery Court: On Monday, Vice-Chancellor Laster awarded $3 million to shareholder lawyers from Block & Leviton and Heyman Enerio Gattuso & Hirzel in Sciabacucchi v. Salzberg.
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At the heart of the suit, filed in December 228 in the Delaware Court of Chancery, is the accusation that, because of a series of technical mistakes, Herman Miller's agreement to buy Design Within Reach never took effect.
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"Oracle expressed concern that Bingham's affiliation with Canyon Bridge would compromise Oracle's relationship with the United States government," Andre Bouchard, the judge presiding over Rodgers' lawsuit, said at Delaware's Court of Chancery earlier this month, citing Bingham's deposition.
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Until his retirement, probably in 1316, he served the ruling Mamluk dynasty in various roles, running the sultan's private treasury, managing imperial properties in Damascus, heading a local chancery in Lebanon, and supervising hospitals and colleges in Cairo.
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In the largely rural Sixth District, the three leading Republican candidates are Bob Corlew, a retired chancery court judge; Judd Matheny, a member of the Tennessee House of Representatives; and John Rose, a farmer and small business owner.
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These "mootness fees," as you probably know, have become a key business model for plaintiffs' lawyers in the years since Delaware Chancery Court cracked down on fee awards in so-called disclosure-only M&A class action settlements.
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The companies are set to face off in Delaware's chancery court on June 20 over tax issues that Energy Transfer says are hobbling the deal, as well as claims by each party that the other had broken their contact.
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Chancery judges, the opinion said, should begin with the assumption that the deal price reflects a fair market value for the target company – and should subtract the value of whatever synergies the acquiring company has factored into its bid.
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Shawe wants Delaware's top court to overturn a 2015 ruling by Andre Bouchard, chief of the Court of Chancery, who found the relations between the two were so poisoned that they deadlocked on decisions on hiring, expansion and investment.
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Morgan Stanley filed action in the Delaware Chancery Court in the United States on Friday seeking orders that Arrium and its units repay a $75.4 million credit facility the U.S. bank provided in 2013, according to legal publishers Law360.
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In documents filed today in Delaware Chancery Court, Kalanick's attorneys argue that Benchmark's allegations should be submitted to arbitration, in accordance with the terms of an amended voting agreement that is at the heart of the VC firm's case.
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Chancellor Andre Bouchard in the Delaware Chancery court ruled on Monday that the seven funds that sued Vista should receive $53.95 per Solera share, a 3.4 percent discount to the $55.85 per share agreed buyout price for the company.
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Williams said that it had filed papers to begin the appeal process in the Delaware Supreme Court, seeking to overturn a Court of Chancery judge's ruling on Friday that gave Energy Transfer a way out of the merger agreement.
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But the bubble could be burst as early as today, as Delaware Chancery Court is being asked to rule on a lawsuit brought by CBS to strip company control from Shari Redstone (and, thus, prevent a merger with Viacom).
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The judge on the Court of Chancery abused his discretion by not giving weight to the deal price of $24.9 billion, or $13.75 per share, as evidence of the fair value of the company, the Delaware Supreme Court said.
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On Friday, the Delaware Court of Chancery said in a ruling in the case involving the buyout of Trulia by Zillow that it was raising the bar for disclosure-only settlements, meaning most of them would no longer go through.
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Williams is appealing a ruling in Delaware Court of Chancery on Friday that said Energy Transfer, or ETE, had not breached the merger agreement by raising tax issues that would prevent the deal from closing by the agreed upon termination date.
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Vice Chancellor Joseph Slights of the Court of Chancery found that the fair value of Jarden stock was $48.31 when it was acquired by Newell, well below the $71.35 sought by funds affiliated with Fir Tree Partners and Verition Fund Management.
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Last week, Sam Glasscock III, the vice chancellor of the Court of Chancery in Delaware, sided with Energy Transfer, which had argued in part that the transaction may not ultimately be deemed tax-free — a condition for the deal to close.
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This was the narrative woven in testimony on Monday and Tuesday, as both sides came together at the Delaware Court of Chancery here for an expedited trial examining whether each side was engaging in its best effort to close the deal.
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Chancellor Andre G. Bouchard of the Delaware Court of Chancery did not buy the argument that the issue was moot because the National Amusements board had also validated this consent, finding this a question of fact to be determined at trial.
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Thus, in his opinion clearing the way for Energy Transfer to terminate this merger agreement, Sam Glasscock III, a Chancery Court vice chancellor, followed form, stating that the merger agreement's efforts clause required that Energy Transfer use "objectively reasonable" efforts.
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Vice Chancellor J. Travis Laster of the Delaware Chancery Court ruled on Wednesday that Sergey Aleynikov did not prove that his former title as a Goldman vice president made him an "officer" eligible for reimbursement under the bank's by-laws.
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Toronto-Dominion Bank (Canada) — $1.03 trillion Chancellor Andre Bouchard of Delaware's Court of Chancery rescinded a temporary restraining order against Shari Redstone's National Amusements, handing her a victory in an unusually vicious battle between the broadcaster and its controlling shareholder.
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Benchmark, a Silicon Valley venture capital firm that is one of Uber's largest shareholders, filed suit against Mr. Kalanick on Thursday in Delaware Chancery Court, accusing the former chief executive of fraud, breach of contract and breach of fiduciary duty.
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Goldman's lawsuit came after Jiampietro in July sued the bank in Delaware Chancery Court seeking to force it to cover at least $350,000 in legal expenses stemming from probes by the Federal Reserve and the Financial Industry Regulatory Authority in 2015.
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Delaware Court of Chancery documents on Schnatter's website, dated August 20, say that he has heard about senior staff members' inappropriate behavior from employees since he stepped away from day-to-day management and appeared to push Ritchie under the bus.
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The only submissions scored with any frequency in the highest levels of MMA being the interrelated front headlock/chancery submissions (guillotine, D'arce, anaconda, the occasional necktie of some nationality), the classic and methodical grinding arm triangle, and the rear naked choke.
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Wolfe has substantial experience in corporate lawsuits that appear in the Court of Chancery in Delaware, where he is based; he represented National Amusements in the Viacom-Redstone case, along with Walmart as it battled allegations of bribery in Mexico.
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Shari Redstone, the controlling owner of CBS, has filed a complaint against the broadcaster and its chief executive Les Moonves in Delaware Chancery court, outlining her version of events in a saga that has pit the former allies against each other.
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The lawsuit, filed on Wednesday in Delaware's Court of Chancery, alleges that Alliant launched an "aggressive campaign" to hire insurance sales executives from Wells Fargo shortly after the bank agreed to sell its business, known as WFIS, to USI Insurance Services in June.
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Icahn's lawsuit, filed in Delaware Court of Chancery, seeks documents that detail Occidental's sale of preferred stock to Berkshire, which he described as a "desperate" move, and information on a deal to sell Anadarko's Africa assets to Total SA for $8.8 billion.
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"Requiring the Court of Chancery to defer - conclusively or presumptively - to the merger price, even in the face of a pristine, unchallenged transactional process, would contravene the unambiguous language of the statute and the reasoned holdings of our precedent," the state justices said.
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Fleming pointed out that after Vice-Chancellor Laster's decision in the Blue Apron case, several companies that had adopted similar forum selection clauses issued SEC filings that said they would not enforce the provisions unless the Delaware Supreme Court reversed the Chancery ruling.
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Judge Travis Laster of Delaware's Court of Chancery denied Anthem's request for a preliminary injunction but stayed implementation of his ruling until noon on Monday to give the insurer time to decide if it will pursue an appeal to the Delaware Supreme Court.
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"Just as motive alone cannot establish criminal guilt, however, motive to avoid a deal does not demonstrate lack of a contractual right to do so," Sam Glasscock III, the vice chancellor of the Court of Chancery, wrote in his ruling on Friday.
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Fresenius terminated the $34-a-share deal in April, a year after agreeing to acquire Akorn, which responded by suing it in the Court of Chancery in Delaware, alleging that Sturm wanted out of what he came to see as a huge embarrassment.
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The lower Court of Chancery ruled last year that Kinder Morgan was on the hook for the bulk of the damages owed to investors in a master limited partnership, or MLP, which was shortchanged in deals with its own parent, El Paso Corp.
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In 2013, Cooper Tire & Rubber company got cold feet about a $2.5 billion sale to Apollo Tyres and argued in the Delaware Court of Chancery that Apollo had seen a material adverse change related to union issues at a subsidiary of the company.
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Chancellor Andre Bouchard of Delaware Chancery Court is proposing a change in Delaware law that will allow shareholders to maintain derivative suits against corporate board members even if a previous suit raising the same allegations has been dismissed in a different jurisdiction.
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"I make this decision out of an abundance of caution, not based on any information that the Court's Standing Order has been invoked by any party or by the Court," Vice Chancellor Joseph Slights of the Delaware Court of Chancery wrote on Friday.
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After Kalanick and Benchmark spent the last few weeks sniping at each other in court filings and appointed new CEO Dara Khosrowshahi on Monday, lawyers for both sides appeared in Delaware to argue in front of Judge Samuel Glasscock in the state's Court of Chancery.
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In a 57-page decision on Thursday, which followed a one-day trial in March, Vice Chancellor Joseph Slights of the Delaware Chancery Court said shareholders demonstrated a "credible basis" to believe Facebook board members may have committed wrongdoing related to data privacy breaches.
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JPMorgan was "self-interested" and "conflicted" in its dealings with Good Technology, which led the start-up to sell itself to BlackBerry in 2015 at a "fire-sale" price of $425 million, the shareholders said in the amended lawsuit filed in Delaware Chancery Court.
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The companies' lawyers at Wilson Sonsini Goodrich & Rosati and Wilmer Cutler Pickering Hale & Dorr filed an appeal to the Delaware Supreme Court, but plaintiffs' lawyers from Block & Leviton argued the appeal was premature because of their pending application for attorneys' fees in Chancery Court.
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Per Bloomberg:Their new lawsuit, filed in Delaware Chancery Court, seeks to permanently block Musk's "unchecked use of Twitter to make inaccurate statements about the company," lawyers for one of the investors, the Laborers' District Council and Contractors' Pension Fund of Ohio, said in a statement.
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Vice Chancellor Sam Glasscock III of the Delaware Chancery Court said that Vintage's failure to inform Rent-A-Center that it was extending the merger deal by an agreed-upon date triggered Rent-A-Center's right to call it off under the two parties' contract.
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The archdiocese last week won bankruptcy court approval to sell a residential property and is trying to wrap up the sale of its Chancery this month, said Paul Donovan, executive director at Cushman & Wakefield/NorthMarq in Minneapolis and the real estate adviser for the archdiocese.
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In an opinion published on Tuesday, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery found that Dell shares were worth about $17.62 at the time of the 2013 leveraged buyout, rather than the $13.75 that Mr. Dell and Silver Lake paid.
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In an amended suit in Delaware Chancery Court, Good's shareholders said that J. P. Morgan, the start-up's banker, had faced so many conflicts of interest in its dealings with the company that it led to Good selling itself for less than it was worth.
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Deal Professor Jeffrey Katzenberg, the chief executive and controlling shareholder of DreamWorks Animation, cut himself a nice side deal at the expense of DreamWorks shareholders, according to a recent lawsuit filed in Delaware Chancery Court over the company's $3.8 billion sale to Comcast's NBCUniversal.
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In 2018, the state justices reversed(191 A.3d 268) Chancery Court's dismissal of shareholders' original case against the Fresh Market board, holding that the investors had adequately alleged that the proxy filing omitted "troubling facts," such as the Berrys' original side deal with Apollo.
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Kelcy L. Warren, the company's chairman, wanted out of the deal because he feared the debt required to finance the cash portion of the transaction could cause a wave of ratings downgrades, according to testimony from a trial last week in the Court of Chancery.
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On Friday, Alcoa filed a lawsuit at the Court of Chancery in the U.S. state of Delaware seeking a declaration that Alumina has no right to block the plan, and has no consent rights or rights of first refusal in relation to the plan.
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According to the opinion by Chancellor Andre G. Bouchard of the Court of Chancery, Ms. Elting and Mr. Shawe would make decisions for the business but the other would then refuse to allow the decision to proceed unless he or she got something else.
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The answer to whether disgorgement in securities cases is permissible will involve figuring out whether an English chancery court in 1789, when Congress adopted the Judiciary Act that gave federal courts the power to hear lawsuits "in equity," had the power to order that remedy.
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But it's worth taking a look at the last nine pages of the LPS decision, in which Vice-Chancellor Travis Laster of Delaware Chancery Court discusses the last 10 decisions he and his colleagues have issued in appraisal litigation by shareholders dissatisfied with acquisition prices.
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As I've been reporting for a couple of years – and as a recent study by four eminent law professors documents – plaintiffs' lawyers developed a shrewd response after judges in Delaware Chancery Court essentially ruled out attorneys' fees for settlements that deliver only additional proxy disclosures.
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