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Results:1-10 of 6,889

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


Delaware Court Of Chancery Holds Alleged Breaches Of Representations Do Not Excuse Buyers’ Noncompliance With Post-Closing Obligations Where Buyers Seek To Enforce Claims For Indemnification
  • Shearman & Sterling LLP
  • USA
  • November 6 2018

On October 29, 2018, Chancellor Andre G. Bouchard of the Delaware Court of Chancery entered final judgment on counterclaims seeking to enforce


New Delaware Chapter 11 Filing - PGHC Holdings, Inc.
  • Cole Schotz PC
  • USA
  • November 5 2018

PGHC Holdings, Inc., along with eight affiliates and subsidiaries, has filed a petition for relief under chapter 11 in the Bankruptcy Court for the


New Delaware Chapter 11 Filing - Dixie Electric, LLC
  • Cole Schotz PC
  • USA
  • November 2 2018

Dixie Electric, LLC, along with twelve affiliates and subsidiaries, has filed a petition for relief under chapter 11 in the Bankruptcy Code for the


M&A Update: Delaware Supreme Court Clarifies the “Ab Initio” Requirement for Business Judgment Review of Controlling Stockholder Transactions in Flood v. Synutra
  • Cadwalader Wickersham & Taft LLP
  • USA
  • November 2 2018

In Flood v. Synutra Int’l Inc., the Delaware Supreme Court clarified its holding in Kahn v. M&F Worldwide Corp. (“MFW”). In MFW, the Court held that