Frank Reynolds, who has been covering Delaware corporate decisions for various national publications for over 40 years, prepared this article.
A Delaware Supreme Court panel recently upheld the Court of Chancery’s decision that breach-of-good-faith and conflict-of-interest claims that arose from a post-closing merger earnout dispute after the acquisition of online video game developer Kixeye were
The Delaware Court of Chancery, and the members of its bench, have been sued in the U.S. District Court for the District of Delaware over the relatively new arbitration procedures that allow for selected lawsuits involving at least $1 million to be filed under seal, with the consent of all parties, and provide for a
Kuroda v. SPJS Holdings, LLC, C.A. No. 4030-CC (Del. Ch. Nov. 30, 2010), read opinion here. Highlights of prior Court of Chancery decisions in this case are available here and here. 
Issue Decided
The Court of Chancery determined that none of the exceptions applied in this case to the general rule that
Argyle Solutions, Inc. v. Professional Systems Corporation, Del. Ch., No. 4382-VCN (May 4, 2009), read opinion here.
This Chancery Court decision interpreted a soon-to-be-outdated provision of the Delaware Uniform Arbitration Act. In particular, on April 2, 2009 the Governor of Delaware signed into law legislation that will require arbitrators to resolve “in the first