List of Corporate Law Blogs

Prof. J.W. Verret, a rising star in the academic world of corporate law, and a former law clerk for the Delaware Court of Chancery, provides a list here of the corporate law blogs that he reads, and we are honored indeed … Continue reading

SEC’s New Proxy Access Rules

The Conglomerate blog has an ongoing series of posts on the new SEC proxy access rules, with links to commentary by giants in the field of corporate law. A few samples are here and here.

Chancery Refuses to Certify Class Action; Claims Based on Duty of Disclosure Absent Shareholder Action

Dubroff v. Wren Holdings, LLC, C.A. No. 3940-VCN (Del. Ch. Aug. 20, 2010), read opinion here. See summary of prior Chancery decision in this matter here. Issue Addressed The issue addressed in this case is whether the prerequisites for class … Continue reading

Dollar Thrifty Rental Car Litigation; Injunction Hearing Today in Delaware Chancery Court

In re Dollar Thrifty Shareholder Litigation, C.A. Cons. No. 5458. This is the pending case in the Delaware Court of Chancery in which Dollar Thrifty investors are trying to stop a vote on an offer by Hertz based on the … Continue reading

Chancery Denies Request for Dissolution of LLC

Lola Cars International Ltd. v. Krohn Racing, LLC, C.A. Nos. 4479 and 4886-VCN (Aug. 2, 2010), read opinion here. See summaries of prior Chancery decisions in this case here and here. Short Overview This is a post-trial decision which, as … Continue reading

Chancery Approves $700,000 in Fees as Penalty for Party’s Litigation Tactics; Third Recent Chancery Decision to Do So

Aveta Inc. v. Bengoa, C.A. No. 3598-VCL (Del. Ch. August 13, 2010), read opinion here. Prior Chancery decisions in this matter were summarized on this blog here. Brief Overview This opinion of the Court of Chancery addresses the reasonableness of fees … Continue reading

Court Dismisses Contract Claims Arising Out of Failed Mortgages

In Central Mortgage Company v. Morgan Stanley Mortgage Capital Holdings LLC, C.A. No. 5140-VCS, (Del. Ch. Aug. 19, 2010), read opinion here, the Court granted defendant’s Rule 12(b)(6) motion to dismiss a complaint, under New York law, concerning mortgage failures and … Continue reading

Court of Chancery Determines Royalty Damages in Breach of Technology Licensing Agreement

On August 13, 2010, the Court of Chancery issued a 76-page post-trial decision in Vianix Delaware LLC v. Nuance Communications, Inc., C. A. No. 3801-VCP (Del. Ch. Aug. 13, 2010), read opinion here, addressing the amount of royalties owed to … Continue reading

Shannon Pratt’s Valuation Handbook for Lawyers, latest edition

Shannon Pratt has written several treatises on valuation of businesses. His scholarship has been cited by many courts, including the Delaware Court of Chancery. The newest edition of his "Lawyer’s Business Valuation Handbook" is now available via Amazon.com here. Dr. Pratt … Continue reading

Court of Chancery Awards Post-Trial Damages in Breach of Fiduciary Duty Case

The Court of Chancery in GyneConcepts, Inc. v. Kim, et al., C. A. No. 4820-CC (Del. Ch. August 18, 2010), read decision here, issued a short four-page post-trial decision awarding plaintiff GyneConcepts money damages in the amount of $1,181,708, plus pre-judgment … Continue reading