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Delaware

Delaware Law360 provides breaking news and analysis on legal and regulatory issues in Delaware. Coverage includes high-stakes litigation, policy developments, and corporate deals affecting the state.



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Latest News in Delaware

  • March 15, 2019

    Liberty Tax, Ex-CEO Reach Deal To End Del. Class Lawsuit

    Liberty Tax Inc. has agreed to a range of management reforms as part of a deal to end a Chancery Court derivative suit against the company, former CEO and accused "corporate governance scofflaw" John T. Hewitt, and four others, according to court a filing.

  • March 15, 2019

    Venue At Issue In Health Companies' $20M Chancery Dispute

    A vice chancellor on Friday had jurisdictional concerns that could prevent the Delaware Chancery Court from deciding a $20 million dispute between The Innovation Institute LLC and a subsidiary of Innovation's founding member St. Joseph Health System Inc.

  • March 15, 2019

    Pilgrim's Pride Must Face Chancery Suit Over $1.3B Deal

    A minority shareholder derivative suit against the controlling investor of chicken producer Pilgrim’s Pride Corp. survived a motion to dismiss Friday, with a Delaware Chancery Court judge finding that directors who approved a $1.3 billion acquisition of an affiliated company were sufficiently involved in the deal to potentially face liability.

  • March 15, 2019

    Baker Hughes Investor Sues Over 'One-Sided' GE Deals

    A pension fund invested in Baker Hughes Inc. filed a derivative suit Thursday that accuses controlling stockholder General Electric Co. of using its influence over the oil field services company's board to funnel cash to itself amid a liquidity crisis.

  • March 15, 2019

    Bernstein, Quinn Square Off For Class Lead In Dell Stock Suit

    More tremors emanated Friday from a hotly contested Dell Technologies Inc. stock reclassification that closed in December, with Bernstein Litowitz Berger & Grossmann LLP and Quinn Emanuel Urquhart & Sullivan LLP attorneys airing sometimes testy arguments for becoming the class lead in a potentially multibillion-dollar Chancery Court deal challenge.

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Delaware

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