In Parcell v. Southwall Technologies, Inc. , C.A.
No. 7003-VCL (Del. Ch. Nov. 7, 2011)(transcript), the Delaware Court of
Chancery refused to stay litigation challenging a transaction despite parallel
litigation pending in California challenging the same transaction. Read
One of the more vexing litigation problems to emerge
recently has been the proliferation of multi-jurisdiction litigation, where
corporate defendants are forced to litigate essentially the same claim in
multiple courts at the same time. This problem is a particular issue in the
context of M&A...
Louisiana Municipal Police Employees' Retirement System, No.
380, 2012 (Del. Supr., April 4, 2013) [ an enhanced version of this opinion is available to lexis.com
Issues Addressed :
(1) Whether or not a prior ruling by a California court dismissing a derivative