News
Delaware Justices Reject Summit Records Suit as Filed Too Soon
4+ hour, 3+ min ago (128+ words) The Delaware Supreme Court won't allow a shareholder to advance a books-and-records demand over the sale of Summit Materials Inc. to Quikrete Holdings Inc. In a two-page order, Chief Justice Collins J. Seitz Jr. upheld a Delaware Chancery Court ruling that…...
Koch-Backed Groups Challenge Delaware Donor Disclosure Law
2+ mon, 4+ day ago (115+ words) The Americans for Prosperity Foundation claims a Delaware law requiring certain organizations that run ads related to upcoming elections to disclose their donors violates the First Amendment. The rules under the Delaware Election Disclosure Act "violate the right to private…...
Delaware Bankruptcy Judge Dorsey, Who Oversaw FTX Case, Dies
2+ mon, 1+ week ago (131+ words) Bankruptcy Judge John T. Dorsey, who presided over FTX Trading Ltd.'s Chapter 11 case in Delaware after the crypto exchange's historic collapse, has died of cancer. The US Bankruptcy Court for the District of Delaware announced his death in a statement…...
Space X Investment Disclosures Fight Scrutinized in Delaware (1)
2+ mon, 1+ week ago (224+ words) The Delaware Supreme Court pondered Wednesday how much looking in the rear-view mirror was needed to weigh a dispute over disclosures required for a Chinese public company about an investment in. .. The Delaware Supreme Court pondered Wednesday how much looking…...
Zantac Suits Tossed by Delaware Judge for Flawed Cancer Link (1)
2+ mon, 1+ week ago (673+ words) A Delaware judge threw out lawsuits seeking to link the heartburn drug Zantac to cancer, freeing makers of the product from facing trials in the state over the cases. Superior Court Judge Francis "Pete" Jones concluded Monday lawyers for ex-Zantac…...
Moelis Founder Rights Ruling Reversed by Delaware Supreme Court
5+ mon, 4+ day ago (117+ words) Delaware's highest court on Tuesday reversed a landmark ruling that invalidated Ken Moelis's veto rights over board decisions at his investment bank. The provisions challenged in the pact between Moelis & Co. and its billionaire founder "are not void, but voidable,…...
Trump DOJ Lists Ex-Delaware GOP Chair as Acting US Attorney
7+ mon, 1+ week ago (382+ words) The Trump Justice Department has listed its pick for top prosecutor in Delaware as the acting US attorney, a sign it has effectively renewed her term after the federal court declined to select a replacement. Murray's apparent designation is part…...
Delaware Amends Family-Leave Law Ahead of 2026 Launch
10+ mon, 3+ week ago (134+ words) Delaware is modifying provisions in its family-leave law in preparation for the program's launch in 2026, under a bill effective July 30. Gov. Matt Meyer (D) signed HB 128 into law July 30. HB 128 repeals a provision that would have allowed employers to require employees…...
Zuckerberg's Delaware Settlement Averts Landmark Oversight Trial
11+ mon, 6+ day ago (911+ words) Mark Zuckerberg's settlement Thursday of a $7 billion shareholder case cut short the most promising test to date for one of corporate law's most potent, yet elusive, liability theories. The case in Delaware's Chancery Court presented claims asserting a total lack…...