Posted on February 16, 2010 by Francis G.X. Pileggi

Chancery Court Applies 20-year Statute of Limitations for Contracts "Under Seal"; Rejects Laches Defense. Defines "Inquiry Notice"

Whittington v. Dragon Group L.L.C., No. 2291-VCP (Feb. 15, 2010), read opinion here. Previous decisions of the Delaware courts in the long line of cases involving this internecine warfare among family members fighting over their interests in various business entities, have been summarized on this blog and can be found... Continue Reading...
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Posted on March 10, 2009 by Francis G.X. Pileggi

Delaware Supreme Court Affirms Chancery Court in AT & T Case Involving Stock Options

AT & T Corp. v. Lillis, (Del. Supr., March 9, 2009), read opinion here. In a rare split decision, the Delaware Supreme Court ruled 3-2 to affirm the original decision of the Chancery Court that was initially reversed by the Supreme Court (also a procedural rarity). This case involves an... Continue Reading...
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