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Results:1-10 of 6,895

New Delaware Chapter 11 Filing - Lamington Road Designated Activity Company LLC
  • Cole Schotz PC
  • USA
  • November 15 2018

Lamington Road Designated Activity Company LLC (Case No. 18-12615) and its subsidiary, White Eagle General Partner, LLC (Case No. 18-12614), have


New Delaware Chapter 11 Filing - Starion Energy, Inc.
  • Cole Schotz PC
  • USA
  • November 15 2018

Starion Energy, Inc., along with two subsidiaries and affiliates, has filed a petition for relief under chapter 11 in the Bankruptcy Court for the


Delaware Limited Liability Company Act: New Statutory Constructs
  • Taft Stettinius & Hollister LLP
  • USA
  • November 14 2018

On July 23, 2018, the Delaware legislature amended the Delaware Limited Liability Company Act (“DLLCA”). The majority of the amendments became


Breaking-Up Is Hard To Do: CSH Theatres, LLC v. Nederlander Of San Francisco Associates
  • K&L Gates
  • USA
  • November 14 2018

CSH Theatres, LLC v. Nederlander of San Francisco Associates CA No. 9830-VCMR (Del. Ch. July 31, 2018) concerns the dramatic break-up of a prominent


New Delaware Chapter 11 Filing - Prescription Advisory Systems & Technology, Inc.
  • Cole Schotz PC
  • USA
  • November 14 2018

Prescription Advisory Systems & Technology, Inc. (“PAST”), a medical technology and software company, has filed a petition for relief under chapter 11


Chancery Court Dismisses Derivative Suit Against Blue Bell Officers and Directors
  • K&L Gates
  • USA
  • November 13 2018

In Jack L. Marchand II v. John W. Barnhill, Jr., et al, the Delaware Chancery Court dismissed Plaintiff’s complaint under Court of Chancery Rule 23.1


Court of Chancery Declares LLC Agreement Unenforceable, Rescinds Employment Agreement, and Issues Sanctions Due to Member’s Fraud
  • K&L Gates
  • USA
  • November 12 2018

In Trascent Management Consulting, LLC v. George Bouri, C.A. No. 10915-VCMR (Del. Ch. Sept. 10, 2018), the Court of Chancery declared a limited


Series of Avoidable Missteps by an Activist Stockholder and the Target Board Led the Court of Chancery to Find Fiduciary Breaches and Stockholder Aiding and Abetting in Connection With the Sale of a Company--PLX Technology
  • Fried Frank Harris Shriver & Jacobson LLP
  • USA
  • November 9 2018

Avago Technologies Wireless (USA) Manufacturing Inc. acquired PLX Technologies, Inc. for $6.50 per share in cash. After the $300 million merger


New Delaware LLC Right of Division
  • Sullivan & Worcester LLP
  • USA
  • November 8 2018

To maintain its national preeminence, the Delaware Legislature recently amended the State's Limited Liability Company Statute to grant Delaware LLCs


Chancery Court Denies Appraisal Rights Where a Stockholders’ Agreement Requires that Stockholders Refrain from Appraisal Petition
  • K&L Gates
  • USA
  • November 6 2018

In a letter opinion, Manti Holdings, LLC et al. v. Authentix Acquisition Co, Civil Action No. 2017-0887-SG (Del. Ch. October 1, 2018), the Delaware