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Delaware Court Decision Adds to SPACs’ Woes

Intelligize Blog

The post Delaware Court Decision Adds to SPACs’ Woes appeared first on Intelligize. The blank-check entities unofficially became a fad around the time SPACs affiliated with celebrities such as Shaquille O’Neal and Ashton Kutcher launched.

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Catching Up With Delaware's Chancery Court

Law 360

Delaware Chancery Court decisions last week touched on foot powder litigation, an AMC settlement and in-person signage as damage control for a postponed hearing. New cases ranged from Amazon sales centers to a fibrosis drug.

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Exploring The Foreign Discovery Trend In Delaware

Law 360

Supreme Court decision limiting the use of Section 1782, recent trends from a Delaware federal court suggest that Delaware remains an appealing forum for such foreign discovery requests, says Florentina Field at Abrams & Bayliss. Despite a U.S.

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Why A Delaware Supreme Court Decision Affirming Shifting A Contingency Fee To The Losing Party Could Have Applications To Recovering The Costs Of Litigation Funding [Sponsored]

Above The Law

The state’s top court upheld fee-shifting of a contingent fee. The post Why A Delaware Supreme Court Decision Affirming Shifting A Contingency Fee To The Losing Party Could Have Applications To Recovering The Costs Of Litigation Funding appeared first on Above the Law.

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United States: Delaware Chancery Court Decision Highlights Risks Of Liability For Directors In SPAC Deals - Bryan Cave Leighton Paisner LLP

Mondaq

A recent Delaware Chancery Court decision highlights the liability risks faced by directors and sponsors of special purpose acquisition companies and the importance of robust disclosure in protecting against those risks.

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Delaware Loses Bid to Keep Uncashed MoneyGram Checks

Constitutional Law Reporter

In Delaware v. Supreme Court held that uncashed MoneyGram checks are governed by the Disposition of Abandoned Money Orders and Traveler’s Check Act (FDA) and should be returned to the state where they were issued. The post Delaware Loses Bid to Keep Uncashed MoneyGram Checks appeared first on Constitutional Law Reporter.

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Courts Are Mimicking Delaware's Approach To Ultra Vires Acts

Law 360

Recent state court decisions mirroring procedures employed by the Delaware Chancery Court to short-circuit the adjudication of disputes concerning ultra vires corporate acts are a welcome sign for parties who are required to litigate their corporate disputes outside of Delaware, say attorneys at Akerman.

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