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March 12, 2026
The Delaware Chancery Court has ruled that a group of investors failed to prove that executives and a private equity sponsor behind agricultural technology company Verdesian Life Sciences LLC defrauded them into investing in a 2014 acquisition, holding after trial that the claims were both time-barred and unsupported.
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March 12, 2026
A hedge fund manager can wind down the litigation funding operation he ran with a Florida-based personal injury attorney, the Delaware Chancery Court has ruled, finding that a falling out between the two partners did not involve any wrongdoing.
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March 11, 2026
Intel Corp.'s board gave the federal government $11 billion worth of stock in response to the Trump administration's "extortionary threats," according to a newly unsealed lawsuit brought by a shareholder who says the board lacked authority to issue the U.S. Department of Commerce a 9.9% company stake.
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March 11, 2026
Last year, Vinson & Elkins partner Katherine Frank fielded about one call a week from companies thinking about redomiciling in Texas. Speaking to Law360 the day after ExxonMobil announced its plan to reincorporate in the Lone Star State due to its business-forward courts and policies, Frank said the callers fell into three categories.
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March 11, 2026
A Delaware federal judge on Wednesday dismissed an Irish technology company's lawsuit alleging Comcast and its subsidiaries, NBCUniversal and Peacock TV, offer video streaming and network monitoring services that infringe four of its patents, saying the complaint does not adequately allege infringement, but gave the plaintiff an opportunity to rework the suit.
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March 11, 2026
U.S. Patent and Trademark Office Director John Squires will take into account the domestic impact of invalidating a patent and how big the patent owner is when deciding whether to discretionarily deny Patent Trial and Appeal Board petitions, according to a memorandum issued Wednesday.
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March 11, 2026
The Delaware Supreme Court on Wednesday affirmed a lower court ruling denying a union pension fund's request for additional internal communications related to the roughly $60 billion merger between Pioneer Natural Resources Co. and ExxonMobil Corp., concluding that the Delaware Chancery Court correctly rejected the stockholder's bid to obtain more emails and text messages from the company's former chief executive.
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March 11, 2026
A coalition of more than a dozen states led by Massachusetts asked a federal judge Wednesday to block enforcement of a new Trump administration requirement to retroactively report detailed data on sex and race in college admissions, saying the survey was hastily implemented and rife with issues that expose schools to potential liability.
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March 11, 2026
The Delaware Supreme Court has heard arguments over whether a hedge fund that traded tens of millions of dollars' worth of stock can face insider trading liability under state law after its board designee allegedly received confidential company information, with an Aytu BioPharma shareholder urging the court to revive claims against healthcare investor Armistice Capital.
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March 11, 2026
A Delaware federal judge has overruled jilted Citgo bidder Gold Reserve's objection to a special master's bid for $15.3 million in attorney fees, rejecting its argument that the request was unreasonable in defunct mining company Crystallex's massive case against Venezuela.
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March 10, 2026
Several intellectual property groups have urged the U.S. Supreme Court to use a case involving "skinny labels" on generic drugs to set clear guidelines on what constitutes induced patent infringement, saying the outcome has implications beyond pharmaceuticals.
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March 10, 2026
The Trump administration has told a D.C. federal judge there's no basis to sustain a lawsuit challenging an IRS notice eliminating a safe harbor test that wind and solar projects could use to qualify for clean energy tax credits.
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March 10, 2026
A developer behind the planned redevelopment of Philadelphia's historic Bourse building has sued its joint venture partner and several affiliated entities in the Delaware Chancery Court, accusing them of unlawfully attempting to oust it from management of the multimillion-dollar project and install a new development firm in its place.
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March 10, 2026
The U.S. economy could face damaging consequences if the Third Circuit upholds a U.S. Tax Court decision finding a Cayman Islands hedge fund liable for a $100 million tax bill as a securities dealer, a private equity lobbying group told the court.
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March 10, 2026
A Delaware bankruptcy judge has ordered the Chapter 11 case of vegan restaurant group Planta to be converted to a Chapter 7 liquidation, after the debtor said it has no other option.
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March 10, 2026
The Delaware Chancery Court on Tuesday refused to temporarily block a planned acquisition by Bullion International Group LLC, a precious metals company formed in a 2023 merger between online gold retailer APMEX and global refiner MKS PAMP Group Inc., ruling that the dispute over potential earnout payments can be addressed through money damages rather than emergency injunctive relief.
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March 09, 2026
Florida's Supreme Court on Monday rejected a petition for review brought by an investor in President Donald Trump's Truth Social platform who challenged an order denying his motion to toss or transfer the company's lawsuit against him after he claimed it was filed in the wrong jurisdiction.
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March 09, 2026
Novo Nordisk A/S will start selling its GLP-1 medications on Hims & Hers Health Inc.'s platform as part of a deal that resolves the pharmaceutical company's patent infringement lawsuit against the telehealth provider, the companies announced Monday.
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March 09, 2026
A Delaware federal judge has refused to dismiss Nokia's claims that Warner Bros. infringed a set of video coding patents, saying he couldn't conclude that the patents lack an inventive concept that would meet the U.S. Supreme Court's Alice test.
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March 09, 2026
A Delaware federal judge has held that Ascent Pharmaceuticals infringed four patents covering bladder medication Myrbetriq held by name-brand drugmaker Astellas Pharma Inc. and rejected Ascent's invalidity defenses.
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March 09, 2026
A proposed $83.75 million settlement has been filed in the Delaware Chancery Court to resolve long-running shareholder litigation accusing Brookfield Asset Management of exploiting minority investors during its 2020 take-private merger with renewable energy company TerraForm Power Inc.
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March 09, 2026
The owner of two Chicago hotels has filed for Chapter 11 protection in Delaware bankruptcy court with $146.7 million in mortgage debt, saying it's at an impasse with its senior lenders.
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March 09, 2026
The U.S. Supreme Court should have reviewed the case of a man whose sentence for sex trafficking was eventually extended beyond the congressional maximum for violating the terms of his release, Justice Neil Gorsuch wrote Monday.
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March 09, 2026
A Delaware federal bankruptcy judge approved a $35.7 million sale of assets Monday in the Chapter 11 case of sports gear and golf course design enterprise Nicklaus Cos. LLC, agreeing to a deal that will see affiliates tied to retired golfer Jack Nicklaus acquire the business and end protracted litigation among its founders.
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March 09, 2026
The Delaware Chancery Court's docket last week featured disputes spanning alleged forged board approvals at a telecom startup, evidence-destruction claims tied to WWE's blockbuster merger with UFC and investor scrutiny of a multibillion-dollar deal between Intel and the U.S. government.