Bank of America Shareholders Litigation
Oct 12, 2009
CLICK HERE TO WATCH A FREE CLIP FROM MONDAY'S HEARINGHearing on defendant's motion to dismiss. Shareholders asserted breach of fiduciary duty and waste claims against Bank of America for consummating a merger with Merrill Lynch and for failing to...
Oct 5, 2009
3-week jury trial in Broward County's complex litigation division. U.S. Global claimed that it was entitled to receive a 20% commission for selling up to 50% of Progress Energy's interests in coal-derived synthetic fuel (synfuel) facilities, but w...
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Sep 14, 2009
5-day bench trial over a shareholder challenge to the 2007 merger between Hanover Direct and its largest shareholder, hedge fund Chelsey Direct.The smaller shareholders alleged that Hanover's directors had conflicts of interest in approving the me...
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Sep 8, 2009
Further trial proceedings starting May 2. http://www.seacoastonline.com/apps/pbcs.dll/article?AID=/20110205/NEWS/102050319/-1/NEWSMAPIn 1983, the trustees of the Portsmouth Regional Hospital decided to sell the hospital and entered into an Asset P...
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Weygandt v. WECO
Aug 24, 2009
Motion to stay discovery in state civil proceeding pending outcome of federal criminal proceeding.The underlying suit involves Gulfstream's purchase of WECO in 2003. Gulfstream sought indemnification because Weygandt, who owned WECO, allegedly vi...
Jul 27, 2009
5-day breach of contract bench trial involving software support, reseller, and licensing agreements between CA and its divested company, Ingres. The trial was held July 27-31, 2009, and final/closing arguments were heard on September 3, 2009. Af...
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Jun 17, 2009
This action, brought by Alliance Data Systems Corp., is to determine whether Blackstone Partners need to make good on a $7.8 billion merger promise to a credit card processing company. This suit seeks to compel Blackstone to merge.Outcome: The Su...
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Jun 17, 2009
In approving the proposed settlement, the Court of Chancery denied a motion to intervene, and overruled objections. The objectors challenged the breadth of the settlement's release, raised purported due process concerns in connection with the sett...
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Huntsman v. Credit Suisse
Jun 15, 2009
A Texas jury will hear a multibillion dollar claim by Huntsman Corp. that two of the world's largest banks, Credit Suisse and Deutsche Bank, scuttled its proposed mergers with Hexion Chemical and Basell Holdings, NV. Credit Suisse and Deutsche Ban...
Jun 4, 2009
Case Description: This is an appeal from the Superior Court's final judgments denying a motion to dismiss and reversing a decision of the City of Wilmington Zoning Board of Adjustment (ZBA). In August 2006, the ZBA granted a use variance to CCS...
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May 21, 2009
Appeal of the following judgment: The Court of Chancery found that the failure to disclose the manner in which the consideration offered in a short-form merger was determined, as well as the failure to attach the current and correct version of Del...
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May 19, 2009
This shareholder class action challenges the validity of Atmel's board of directors' extension of a poison pill that allegedly made the poison pill's triggers vague and unascertainable.In October, 2008, ON Semiconductor Corp. (ONNN) and Microchip ...
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