Chancery Clarifies Distinction Between General and Special Damages

Pharmaceutical Product Development, Inc. v. TVM Life Science Ventures VI, L.P., C.A. No. 5688-VCS (Del. Ch. Feb. 16, 2011). Read opinion here. Short Overview This is a somewhat unremarkable decision involving alleged breaches of contract and fraud–except for its clarification of … Continue reading

U.S. Supreme Court Justice Clarence Thomas

One of my favorite U.S. Supreme Court Justices is The Hon. Clarence Thomas and his remarks recently at a gathering of law students are words to live by. They are quoted below via The Wall Street Journal’s Law Blog. “And what … Continue reading

Chancery Declines to Dissolve LP and Declines to Appoint Receiver of Failing Investment Fund

Steven Mizel Roth IRA v. Laurus U.S. Fund, L.P., C.A. 5566-VCN (Del. Ch. Feb. 25, 2011), read opinion here. This Court of Chancery opinion rejected a request to dissolve a limited partnership and refused to appoint a receiver in the context … Continue reading

Court of Chancery’s 2011 Electronic Discovery Guidelines

The Delaware Court of Chancery’s Guidelines Regarding the Preservation of Electronically Stored Information (ESI) were previously reviewed here on this blog, but now Kevin F. Brady of Connolly Bove Lodge & Hutz LLP in Wilmington, a nationally recognized electronic discovery expert, … Continue reading

Cicero, Persuasion and Legal Ethics

Philadelphia attorney Maxwell Kennerly on his blog called "Litigation & Trial" writes a thoughtful post here that discusses Cicero, philosophy, legal ethics, persuasion and the limits of advocacy. Good stuff.

Chancery Clarifies Order Implementing Post-Trial Ruling

Vianix Delaware LLC v. Nuance Communications, Inc., C.A. No. 3801-VCP (Del. Ch. Feb. 9, 2011).   See summary of 76-page post-trial decision here. Short Overview This latest installment in this case is the third post-trial decision. This third iteration takes 29-pages … Continue reading

Constrained by Delaware Supreme Court Precedent, Chancellor Chandler Upholds Airgas’s Use of Poison Pill

Kevin F. Brady of Connolly Bove Lodge & Hutz, LLP, who was present at many of the lengthy proceedings in this historic case, provides an insider’s perspective in his review of this decision by the Delaware Court of Chancery. Chancellor … Continue reading

Chancery Imposes Fees as Condition to Supplementing Record on Remand

Wimbledon Fund LP v. SV Special Situations Fund LP, C.A. No. 4780-VCS (Del. Ch. Feb. 4, 2011), read opinion here. See prior decisions in this matter summarized on this blog here. Short Overview This is a decision after remand from the … Continue reading

Chancery Prefers More Disclosures

David Marcus of The Deal writes here about a recent Chancery hearing involving the sale of Atlas Energy to Chevron, in which the Vice Chancellor reviewing the case sought the disclosure in the proxy statement of more details regarding the interest of key … Continue reading

Proof that Someone’s Reading this Blog

PLI’s Securities Law Practice Center highlights 5 blog posts each week from around the country for their "Top 5 Corporate & Securities Blog Posts" feature. Well, we were flattered to hear that we were recently included as indicated here. Also this week, we … Continue reading