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Life sciences marketing agency Relevate has filed suit in Delaware'sChanceryCourt to unwind an alleged "fraudulent" purchase of digital health care marketing company Axon last year and get an $80.1 million refund.
s co-founder has filed a lawsuit in Delaware'sChanceryCourt seeking to have the company advance him legal fees in connection with federal agency investigations into suspected fraud and securities law violations and in defense of claims he faces in two lawsuits in California federal court. Ozy Media Inc.'s
stockholder sued in Delaware'sCourt of Chancery on Thursday for documents on the company's planned $435 million sale of its stake in online travel agency giant TripAdvisor, citing a purported lowball price for public shares and potential conflicts involving Liberty's controlling investor.
Citing billions of dollars in regulatory agency sanctions, fines and judgments and allegedly chronic disregard of "red flag" reports and fake account investigations, a Wells Fargo & Co. stockholder has sued 23 current and former bank directors and officers in Delaware'sCourt of Chancery, seeking derivative recoveries for the losses.
A stockholder of credit reporting agency TransUnion has opened a DelawareCourt of Chancery derivative suit against the company's board and top officers, seeking damages on the company's behalf for failures to comply with a Consumer Financial Protection Bureau order issued in 2017.
After New Jersey’s primacy, [1] Delaware established itself as the undisputed winner of the race, notwithstanding Nevada’s attempt to dethrone it. [2]. After New Jersey’s primacy, [1] Delaware established itself as the undisputed winner of the race, notwithstanding Nevada’s attempt to dethrone it. [2]. Introduction.
states have constituency statutes, but not yet, importantly, the great corporate law state of Delaware. [6] 6] At the colloquium, former Delaware Supreme Court Chief Justice Leo Strine reiterated that corporate fiduciary duties should continue to focus solely on the interests of profits for shareholders. [7]
Hawai‘i Federal Court Sent Honolulu’s and Maui’s Climate Cases Back to State Court; Fossil Fuel Companies Appealed. The federal district court for the District of Hawai‘i remanded cases brought by the City and County of Honolulu and the County of Maui seeking to hold fossil fuel companies liable for climate change-related damages.
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