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  • Article

    Priority Status Given To Claims Of Landlords Against Involuntary Debtors

    On August 11, 2015, the Bankruptcy Court for the Northern District of California ruled on an issue "of apparent first impression" that claims for unpaid rent brought by landlords for office space leased to the former law firm of Howrey LLP should be given priority status under the Bankruptcy Code.
    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

    Quantum Foods Preference Actions Update

    In a prior post, we discussed the commencement of approximately 72 preference actions filed in the Quantum Foods bankruptcy proceeding by the Creditors Committee.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    What Is The Status Of A Tenant’s Rental Obligations While Landlord Is In Bankruptcy?

    Section 365(d) of the Bankruptcy Code requires the debtor-tenant to satisfy all the terms under the lease during the post petition period until the tenant either rejects the lease, or assumes and assigns it to a third-party.
    United StatesInsolvency/Bankruptcy/Re-Structuring
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Advancement Rights Granted In Favor Of Director Convicted Of Wrongdoing

    The Court of Chancery has recently issued an opinion granting partial summary judgment in favor of an advancement claim made by a director convicted of wrongdoing.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Chancellor Bouchard Of The Delaware Court Of Chancery Interviewed

    Chancellor Andre G. Bouchard was recently interviewed by Town Square Delaware.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Compound Interest Granted On Attorneys’ Fees

    In the case of ReCor Medical, Inc. v. Warnking, C.A. No. 7387-VCN (Jan. 30, 2015), the Court of Chancery granted attorneys’ fees to the prevailing party for an appeal taken by Defendants.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Court Of Chancery Denies Inspection Rights To Non-Member Of LLC

    In the decision of Prokupek v. Consumer Capital Partners LLC, C.A. No. 9918-VCN (Dec. 30, 2014), the Court of Chancery rendered an opinion in which it denied inspection rights to the books and records of an LLC to a former member of the company.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Court Of Chancery Denies Motion To Disqualify Appraiser

    In denying the motion, the Court made reference to a litany of cases applying the standard for disqualification of arbitrators either ex post or ex ante a decision being made.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Court Of Chancery Denies Untimely Amendment To Complaint

    The decision of OptimisCorp. v. Waite, et al., C.A. No. 8773-VCP (Del. Ch. Jan. 28, 2015) is a good read for litigants seeking leave of the Court to amend a complaint.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Court of Chancery Lacks Jurisdiction over Monetary Claims without Equitable Relief

    On December 18, 2014, in the decision of Morgan v. Carpenter, C.A. No. 9324-ML (Del. Ch. Dec. 18, 2014), the Master in Chancery issued a Final Report recommending that the causes of action raised in the complaint be dismissed for lack of subject matter jurisdiction.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Delaware Court Of Chancery Extends The Permitted Use Of Unsworn Declarations To September 30, 2021

    On July 12, 2021, the Court of Chancery issued Standing Order No. 6. The standing order extends the permitted use of unsworn declarations, verifications, certificates, statements, oaths, or affidavits in filings ..
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Delaware Mulling New Chancery Arbitration Process

    As reported here in March of 2014, the U.S. Supreme Court declined to grant certiorari of the Delaware Court of Chancery’s appeal of the Third Circuit’s ruling in Delaware Coalition for Open Government v. Strine, declaring its confidential arbitration program unconstitutional.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Enlargement Of Word Count Requires Good Cause

    Accordingly, parties seeking to expand the current word count limitation of 14,000 words for opening and answering briefs, or 8,000 words for replies, should make such request sufficiently in advance with a statement of good cause.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Fee Award Denied To Litigation Funding Firm

    The Court of Chancery recently denied a fee award to a litigation funding firm in the decision of Judy v. Preferred Communication Systems, Inc., C.A. No. 4662-VCL (Del. Ch. Sept. 19, 2016).
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Jury Trials To Resume In The District Of Delaware, Subject To Discretion Of The Judge

    The United States District Court for the District of Delaware recently issued a Jury Trial Notice on April 5, 2021, stating that jury trials will resume, subject to the discretion of each...
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    New Chancellor Of The Court Of Chancery Nominated By Governor Markell

    Delaware Governor Jack Markell recently nominated Andre Bouchard for Chancellor of the Court of Chancery.
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Record-Setting Derivative Action Settlement (275MM) Approved By The Court Of Chancery

    In the recent opinion of In re Activision Blizzard, Inc. Stockholder Litigation, Cons. C.A. No. 8885-VCL, the Court approved the highest settlement reached in a derivative action to date, in the amount of $275 million
    United StatesLitigation, Mediation & Arbitration
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Section 220: Court Orders Citigroup To Produce Records Of Its Subsidiary (Master’s Final Report Adopted By Court)

    The Court approved and adopted the Final Report and the recommendations contained therein.
    United StatesLitigation, Mediation & Arbitration
    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 61–80 of 538 results

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