by The Delaware Counsel Group | Oct 15, 2008 | Law Updates, LU08
Document: Noe, et al. v. Kropf, et al., C.A. No. 4050-CC, Chandler, C. (Del. Ch. Oct. 15, 2008) The Court granted motions to intervene and to vacate an order to expedite proceedings by a contested stockholder in an action where the plaintiffs alleged that shares of...
by The Delaware Counsel Group | Oct 14, 2008 | Law Updates, LU08
Document: Dow Chem. Int’l Inc. of Delaware, C.A. No. 3972-CC, Chandler, C. (Del. Ch. Oct. 14, 2008) The Court denied an application to appoint a receiver, where the petitioner was an attorney representing a group of plaintiffs seeking to pursue tort litigation against...
by The Delaware Counsel Group | Sep 29, 2008 | Law Updates, LU08
Document: Hexion Specialty Chemicals, Inc., et al. v. Huntsman Corp., C.A. No. 3841-VCL, Lamb, V.C. (Del. Ch. Sept. 29, 2008) The parties, both large chemical corporations, had entered into a merger agreement by which Hexion Specialty Chemicals (“Hexion”) would...
by The Delaware Counsel Group | Sep 24, 2008 | Law Updates, LU08
Document: Kahn v. McCarthy, et al., C.A. No. 4054-CC, Chandler, C. (Del. Ch. Sept. 24, 2008) Plaintiff sought a temporary restraining order prohibiting Defendants from consummating the merger of PFF Bancorp (“PFF”) with FBOP Corporation, claiming the proxy statement...
by The Delaware Counsel Group | Sep 23, 2008 | Law Updates, LU08
Document: In re Seneca Investments LLC, C.A. No. 3624-CC, Chandler, C. (Del. Ch. Sept. 23, 2008) Petitioner, a former Chief Executive Officer of Seneca Investments LLC (“Seneca”), sought judicial dissolution of Seneca because the company was functioning only as a...
by The Delaware Counsel Group | Sep 23, 2008 | Law Updates, LU08
Document: Weir v. JMACK, Inc., et al., C.A. No. 3263-CC, Chandler, C. (Del. Ch. Sept. 23, 2008) Plaintiff, one of three shareholders in the corporation JMACK (“JMACK”), petitioned the Court to appoint a receiver and dissolve the solvent corporation under allegations...