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
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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.
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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.
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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.
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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.
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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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