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191 results found

Article

Fox Rothschild LLP | USA | 27 Oct 2011

Constitutionality of Delaware Court of Chancery's arbitration rules challenged

Delaware Coalition for Open Government, Inc., filed a lawsuit yesterday against the Delaware Court of Chancery and the individual members of its bench.

Article

Jorden Burt LLP | USA | 20 Apr 2011

Reinsurance dispute not core proceeding in bankruptcy action

The Delaware federal district court issued an order directing the district's bankruptcy court to determine whether an adversary proceeding constituted a "core" proceeding.

Article

Potter Anderson & Corroon LLP | USA | 22 Mar 2011

Espinoza v. Hewlett-Packard Co., C.A. No. 6000-VCP (Del. Ch. Mar. 17, 2011) (Parsons, V.C.)

In this opinion, the Court of Chancery ruled on the motion of intervenor Mark V. Hurd, the former Chairman of the Board and CEO of Hewlett-Packard Company (“HP” or the “Company”), to maintain the sealing of a letter filed with the Court relating to his well-publicized departure from HP. In

Article

Paul Weiss | USA | 16 Feb 2011

Delaware Court of Chancery declines to order redemption of Airgas poison pill

In one of the most anticipated opinions from the Court of Chancery in many years, Chancellor Chandler declined to order the board of directors of Airgas, Inc. to redeem its stockholder rights plan.

Article

White & Case LLP | USA | 19 Jan 2011

Delaware Supreme Court rejects bylaw amendment curtailing term of staggered board of directors

In a recent appellate decision entitled Airgas, Inc. v. Air Products and Chemicals, Inc. 2010 WL 4734305 (Del Supr 2010), the Delaware Supreme Court on November 23, 2010 reversed the decision of the Delaware Court of Chancery and held that a bylaw shortening the term of Airgas’s Directors by eight months constituted a “de facto removal” that was inconsistent with Airgas’s charter.

Article

Holland & Knight LLP | USA | 25 Oct 2010

Court of Chancery affirms validity of bylaw accelerating timing of annual meeting

In a case of first impression, the Delaware Court of Chancery considered the validity of a shareholder proposed bylaw amendment that would cause the company's annual meetings to be held in January of each year as opposed to August when the meetings have historically been held.

Article

Sheppard Mullin Richter & Hampton LLP | USA | 10 May 2010

California Court of Appeal applies three-year limitation under Delaware law to claim against dissolved Delaware corporation

In Greb v. Diamond Int’l Corp., 2010 Cal. App. LEXIS 566 (Cal. App. 1st Dist. Apr. 26, 2010), the California Court of Appeal for the First District affirmed the trial court’s dismissal of a personal injury claim against a dissolved Delaware corporation, holding that the claim was filed more than three years after dissolution of the corporation in violation of Delaware General Corporation Law Section 278.

Article

Potter Anderson & Corroon LLP | USA | 2 Oct 2009

eBay Domestic Holdings, Inc. v. Newmark, et al.

In this letter decision, the Court of Chancery granted defendants’ motion for partial summary judgment, dismissing claims brought by eBay Domestic Holdings, Inc. that challenged the director defendants’ approval of a new form of indemnification agreement.

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