The Court of Chancery recently issued an opinion which reflects the perils when conferring upon a named plaintiff to a derivative action benefits unique from the shareholder class.

In the recent decision of Laborers' District Council Construction Industry Pension Fund v. Bensoussan, the Court of Chancery was confronted with a motion to dismiss a derivative complaint on the basis of issue and claim preclusion.

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Often times, parties to a contract will state that a breach thereof will constitute irreparable harm, which will provide the harmed party with the automatic right to obtain an injunction.

The recent decision of Bonanno v. VTB Holdings Inc., C.A. No. 10681-VCN (Del. Ch. Feb. 8, 2016) interprets Section 115 of the Delaware General Corporation Law ("DGCL").

In the recent decision of Friedman v. Maffei, C.A. No. 11105-VCMR (Del. Ch. Apr. 13, 2016), Vice Chancellor Montgomery-Reeves granted dismissal of a derivative complaint filed on behalf of TripAdvisor, Inc.

According to the Debtor's Petition, Appalachian has assets less totaling less than $500,000, and liabilities between $500,000 and $1 million.

ATopTech, Inc. ("ATopTech" or "Debtor"), an electronic design automation software company manufacturing software solutions for engineers to assist them in the physical design of integrated circuits...

Preference actions are a form of litigation specifically provided for in Section 547 of the Bankruptcy Code, which allows a Debtor or Trustee to recover payments made by the Debtor within the 90 days prior to declaring bankruptcy.

Champion Property Holdings, LLC and Anglin Cultured Stone Products LLC ("Debtors") each filed for Chapter 11 bankruptcy protection with the Delaware Bankruptcy Court on February 10, 2021.

In the recent decision of George L. Miller v. Edward Welke, et al. (In re United Tax Group, LLC), Adv. Pro. No. 16-50088 (LSS), the Delaware Bankruptcy Court considered a motion for judgment on the pleadings in connection with the Trustee's complaint asserting preference and fraudulent transfer claims.

On June 5th and 6th, 2016, Houston-based energy firm Hercules Offshore Inc. and its affiliated debtors filed for Chapter 11 bankruptcy protection before the United States Bankruptcy Court for the District of Delaware.

Another North Dakota shale oil driller has filed for bankruptcy protection.

Modular Space makes, leases and sells office trailers, mobile offices, temporary classrooms, modular office complexes and portable storage units.

Judge Stickles has thirty years of experience, previously working for Cole Schotz P.C. and Saul Ewing LLP.

On November 6th, Oya Renewables Development LLC, et al. (the "Oya Debtors") filed a bidding procedures motion to approve the proposed bidding procedures in connection...

Starting on October 14, 2020, NSC Wholesale Liquidating Trust ("NSC Trust"), the liquidation trust appointed by the by the United States Bankruptcy Court

Wardman Hotel Owner LLC ("Wardman" or "Debtor") filed for Chapter 11 bankruptcy on January 11, 2021, ending its management contract with Marriott International.

According to a recent announcement, the Delaware Court of Chancery amended various rules to match current practices in the Court and to clarify the Court's expectations.

In the recent decision of Brinckerhoff v. Enbridge Energy Co. Inc., C.A. No. 11314-VCS (Del. Ch. Apr. 29, 2016), the Court of Chancery dismissed a derivative complaint on the basis that it failed to plead allegations of wrongdoing.