by The Delaware Counsel Group | Oct 22, 2015 | Law Updates, LU15
In Re Numoda Corporation Consol., C.A. No. 9163-VCN (October 22, 2015) The Delaware Supreme Court recently upheld an order of the Court of Chancery that clarified the capital structure of the corporation at issue. The decision is the result of “one of the first uses...
by The Delaware Counsel Group | Oct 2, 2015 | Law Updates, LU15
Corwin et. al. v. KKR Financial Holdings LLC Consol., C.A. No. 9210-CB (October 2, 2015)The Delaware Supreme Court recently clarified several points of Delaware law when it affirmed the dismissal of a lawsuit challenging the entire fairness of an acquisition. The...
by The Delaware Counsel Group | Aug 31, 2015 | Law Updates, LU15
Charney v. American Apparel, Inc., C.A. No. 11098-CB (September 11, 2015) Lieberman v. Electrolytic Ozone Inc., C.A. No. 10152-VCN (August 31, 2015) The Court of Chancery denied advancement to former officers and directors of two Delaware corporations. These cases...