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Delaware Supreme Court Confirms Chancery Court's Broad...

2015-01-08 04:36:23| Paper - Topix.net

In United Technologies Corp. v. Treppel , No. 127, 2014, 2014 Del. LEXIS , the Delaware Supreme Court held that the Delaware Court of Chancery is authorized regulate how stockholders use information obtained through books and records inspections under Section 220 of the Delaware General Corporation Law .

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Delaware Supreme Court Confirms Chancery Court's Broad Authority to ...

2015-01-06 05:15:45| Paper - Topix.net

Delaware Supreme Court Confirms Chancery Court's Broad Authority to Impose Use Restrictions on Information Obtained From Section 220 Books and Records Inspections In United Technologies Corp. v. Treppel , No.

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Delaware Supreme Court Holds That Court of Chancery Can Restrict...

2014-12-31 23:28:30| Paper - Topix.net

Previously we have discussed Delaware court decisions upholding forum selection bylaws requiring suits involving a corporation's internal affairs to be filed in a specified court, such as the Delaware Court of Chancery . Last week the Delaware Supreme Court gave corporate management another potential tool for controlling the forum for shareholder litigation, holding in United Technologies Corp. v.

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Court of Chancery Provides Deposition Practice Standards for Lawyers

2014-12-24 01:13:42| Agriculture - Topix.net

In Re Appraisal of Dole Food Company, Inc ., C.A. No. 9079-VCL . This Court of Chancery decision is helpful for those engaged in corporate litigation, and any form of civil litigation in Delaware, to the extent that it confirms well-settled Delaware law of practice and procedure, that a lawyer cannot instruct a deponent not to answer a question during a deposition merely based on an argument that the question is either irrelevant or not likely to lead to the introduction of admissible evidence.

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Delaware Chancery Requires Payment of Merger Consideration to...

2014-11-20 03:37:21| Paper - Topix.net

The Delaware Court of Chancery recently dismissed corporate mismanagement and breach of fiduciary duty claims filed by a dissenting stockholder, but ordered that the surviving corporation in a merger was required to pay the merger consideration to the dissenting stockholder when the statutory appraisal period expired. Plaintiffs Ram and Neena Mehta owned shares of Smurfit-Stone Container Corporation, which had declared bankruptcy in 2009 and, post-bankruptcy, merged with Rock-Tenn Company in 2011.

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