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Catching Up With Delaware's Chancery Court

Law 360

Last week, Delaware justices mulled whether one Chancery Court vice chancellor properly voided four company bylaws — just as another vice chancellor voided one more.

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US Supreme Court rules against Delaware in $400M interstate unclaimed property dispute

JURIST

In Delaware v. The case centered on a dispute between Delaware and 30 other states involving MoneyGram Payments Systems, a money transfer company incorporated in Delaware. Until now, MoneyGram operated under the assumption that the FDA did not apply to these instruments and transferred the unclaimed funds to Delaware.

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“US appeals court questions bid to block Delaware assault weapons ban”

HowAppealing

“US appeals court questions bid to block Delaware assault weapons ban”: Nate Raymond of Reuters has a report that begins, “A U.S. appeals court on Monday expressed skepticism about a bid by gun rights groups to block Delaware’s bans on assault weapons and high-capacity firearm magazines in light of a landmark U.S.

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Delaware bankruptcy judge grants motion to keep FTX customer list secret

JURIST

Judge John Dorsey of the United States Bankruptcy Court District of Delaware rejected in part and ruled in favor in part of a motion Friday by bankrupt cryptocurrency trading company FTX’s debtors and the Official Committee of Unsecured Creditors requesting the company’s customer list stay private.

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Catching Up With Delaware's Chancery Court

Law 360

Delaware's Court of Chancery dropped two potentially far-reaching decisions last week: one about founder control at Moelis & Co. and another about TripAdvisor's planned move to Nevada. On top of that, there were new cases involving Citrix Systems, Alcoa Corp., BGC Partners Inc. and Cantor Fitzgerald LP.

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Delaware court rules Fox Corp. must face election coverage defamation lawsuit

JURIST

A Delaware Superior Court Judge Tuesday ruled Fox Corp. Davis ruled that Delaware’s two-year statute of limitations applies and not New York’s one-year statute of limitations. ” The post Delaware court rules Fox Corp. of election fraud related to the 2020 US presidential election.

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Catching Up With Delaware's Chancery Court

Law 360

News broke last week that Delaware's Court of Chancery will say goodbye to its current longest-serving jurist, a development that quickly overshadowed a busy week of new merger and board disputes, fee rulings, settlements, and books-and-records demands.

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