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  • Article

    Discovery Limited Into Reasonableness Of Fees Until Right To Advancement Established

    In the recent bench ruling entered in Harrison v. Quivus Systems LLC, C.A. 12084-VCMR (April 7, 2016), Vice Chancellor Montgomery-Reeves ruled that discovery into the reasonableness of fees sought in an advancement case will be postponed until after the Court first determines that plaintiff has established a right to advancement.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Governor Markell Nominates Judge Slights As Vice Chancellor

    Recently, Governor Jack Markell nominated former Superior Court Judge Joseph R. Slights, III to succeed the Honorable John W. Noble, who will be retiring at the end of this month as Vice Chancellor of the Delaware Court of Chancery.
    United StatesLitigation, Mediation & Arbitration
Pierson Ferdinand LLP
Pierson Ferdinand LLP
  • Article

    The Emergence Of Business Courts In Various Jurisdictions

    While the Delaware Court of Chancery has established itself as the preeminent forum for adjudicating corporate disputes, various other states have formed their own courts of equity over the past two decades.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    The Honorable Slights Formally Sworn In As Vice Chancellor

    The Honorable Joseph R. Slights, III was formally sworn in as the Court of Chancery's newest Vice Chancellor on March 28, 2016.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Vice Chancellor Noble To Retire February 2016

    Vice Chancellor Noble announced last week that he will be retiring from the Court of Chancery bench on February 26, 2016.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Fees Awarded For First Time For Violation Of Delaware Computer Misuse Act

    The Delaware Court of Chancery issued fees in the amount of $200,000 in a civil case for violation of Delaware’s Misuse of Computer System Information Act.
    United StatesPrivacy
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Sheldon K. Rennie Appointed as Judge to the Delaware Court of Common Pleas

    The Honorable Sheldon K. Rennie, a former partner with Fox Rothschild LLP, and editor of this blog, was nominated as a Judge with the Court of Common Pleas of New Castle County in the state of Delaware on July 11, 2013.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Delaware Bankruptcy Court Annual Local Rules Review

    From October 1, 2015 through October 31, 2015, the United States Bankruptcy Court for the District of Delaware will be instituting its annual process to review and consider comments to the Local Rules.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Egenix, Inc. files for Bankruptcy in Delaware

    On December 28, 2014, Egenix, Inc. filed for bankruptcy with the United States Bankruptcy Court for the District of Delaware.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Face Mask Requirement Modified In Delaware District Court And Bankruptcy Court

    Recently, on July 13, 2021, the Chief Judge of the United States District Court for the District of Delaware issued a Revised Standing Order lifting the requirement
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Limitless Mobile, LLC Files For Chapter 11 Protection

    On December 2, 2016, Limitless Mobile, LLC ("Limitless" or the "Debtor") filed a chapter 11 voluntary petition in the United States Bankruptcy Court for the District of Delaware.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Wire Company Holdings, Inc. Files For Chapter 11 Protection – Seeks Sale Of Assets

    The Debtors seek to sell substantially all of their assets, and entered into an asset purchase agreement with NYW Acquisition, LLC on October 8, 2015. Decl., at 86.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Andrikopoulos Affirmed – Advancement Claims Not Afforded Priority In Receivership

    In 2015, the Court of Chancery ruled upon the then novel issue under Delaware law as to what priority level advancement claims should be afforded in a receivership action.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Chancery Court Determines Fair Value Of Merger Shares Of Ancestry.com, Inc.

    In prior posts, we discussed the methodology employed by the Court in determining the fair value of shares under a challenge to a merger under 8 Del. C. § 262.
    United StatesCorporate/Commercial Law
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Chancery Denies Expedition of Discovery In Shareholder Litigation Action

    The Court of Chancery has discretion to expedite a proceeding if the circumstances so warrant. The Court recently ruled on a request for expedition in the case of In re The Williams Companies, Inc. Stockholder Litigation.
    United StatesCorporate/Commercial Law
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    LLC Operating Agreements Can Be Binding Even If Not Signed By The Parties

    Members of a Delaware LLC should be aware of this opinion and not operate under the assumption that an LLC operating agreement is invalid simply because it is unsigned.
    United StatesCorporate/Commercial Law
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Valuation Methodologies In Appraisal Proceedings

    If you believe that you have not been given fair value for your shares, you may want to consider petitioning the Court of Chancery to appraise your shares.
    United StatesCorporate/Commercial Law
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    MCG Preference Actions Update

    In a prior post, we discussed that a number of preference actions were filed in the MCG Limited Partnership, et al. bankruptcy proceeding by the Chapter 7 Trustee.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Proposed Amendments Published For Public Comment

    The Judicial Conference Advisory Committees on Appellate, Bankruptcy, Civil, and Criminal Rules have proposed amendments to their respective rules and forms.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Stay Denied In Advancement Case

    In the recent decision of Tulum Management USA LLC v. Casten, C.A. No 11321-VCN (Del. Ch. Nov. 9, 2015), Vice Chancellor Noble declined a party's request to stay a pending advancement case before the Delaware Court of Chancery.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Showing 21–40 of 538 results

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