The Deal Prof has a run-down on the Airgas decision . He has it about
The signal this reversal sends is that it basically says
don't worry about the language of your contracts so long as everybody "knows"
what it means. ...
In Re CNX Gas
Corp. Shareholders Litigation, C. A. Consol. No. 5377-VCL (Del Ch. May 25,
2010), read 42-page opinion here . This will be a very short overview until a
fuller synopsis can be provided at a later date.
The Delaware Court...
The tenure of Chancellor William B. Chandler, III on the
Court of Chancery since 1989 is the topic of a retrospective article on the
site called Boardmember.com which is available here .
The article describes the importance of the Court in the world...
Feeley v. NHAOCG, LLC , C.A. No. 7304-VCL (Del. Ch. Oct. 12, 2012) [ enhanced version available to Lexis.com subscribers ].
What this case is about: This Delaware Court of Chancery opinion addresses a dispute regarding management and control of an...
Massachusetts Mutual Life Insurance Company
v. Certain Underwriters at Lloyd's of London, C.A. No. 4791-VCL
(Del. Ch. Sept. 24, 2010), read opinion here .
A prior decision by the Court of Chancery in this case, which denied a
motion to dismiss...
So, tomorrow Chancellor Chandler will take up the
question of whether to order the Airgas board to pull its pill. Air
Products, you'll remember, has been pursuing Airgas for many months now.
Airgas has steadfastly said "No." In the fall...
Rock Solid Gelt Ltd. v. The SmartPill Corp ., C.A. No. 7100-VCN (Del. Ch. Oct. 10, 2012).
Issue Presented : Whether a request for books and records was overly broad in connection with information sought to value one's interests in a closely held...
GTSI Corp. v. Eyak Technology, LLC,
C.A. No. 5815-VCL (Del. Ch. Nov. 15, 2010), read opinion here.
The limited issue presented in this Delaware Court of
Chancery opinion is a perennial corporate litigation conundrum that has been...
Huawei Technologies Co. Ltd., v. Interdigital Technology Corporation , C.A. No. 6974-CS (Del. Ch. June 11, 2012)(Transcript ruling). Issues Presented : (1) whether a motion to expedite should be granted, and (2) whether a motion to dismiss or stay should...
McElroy v. Schornstein, C.A. No. 7233-CS (Del. Ch. June 20, 2012).
Issue Addressed : Whether summary proceedings for dissolution under 8 Del. C . § 273 should be permitted to proceed as an exception to the first-filed rule under the McWane doctrine...
ASB Allegiance Real Estate Fund v. Scion Breckenridge Managing Member LLC , C.A. No. 5843-VCL (Del. Ch. July 9, 2012). In this opinion the Court of Chancery awarded attorneys' fees, based on a fee-shifting provision of the LLC agreement, of more than...
Vila v. BVWebTies LLC,
C.A. No. 4308-VCS (Del. Ch. Oct. 1, 2010), read opinion here .
This opinion adds needed depth to the case law on Section
18-802 of the Delaware LLC Act which allows a member of an LLC to seek
Lavi v. Wideawake Deathrow Entertainment LLC ,
C.A. No. 5779-VCS (Del. Ch. Jan. 18, 2011), read letter ruling here .
The issue decided by the Court of Chancery in
this books and records action under Section 18-305 of the Delaware...
Don't like the Airgas decision? Maybe you're with
Chancellor Chandler in thinking that Interco wasn't all that bad - that
fully-informed stockholders should have the right to decide whether or not to
accept an offer. That's not the...
This 33-page opinion of the Court of Chancery, issued yesterday on a holiday, grants an application for an interlocutory appeal of the original decision in this case dated May 26, 2010, which was highlighted on this blog here. The major issue...