5 day bench trial.http://www.investorvoice.ca/PI/1164.htmCVN previously covered a hearing on defendant's motion to compel expert testimony in derivative class action against Canadian Imperial Bank of Commerce.
Plaintiffs are former senior executives of MediaOne, acquired by AT&T. They're claiming breach of fiduciary duty after their Options were canceled. View Proceeding
The central dispute in this case raises the question whether officers or directors who are the sole owners of a corporation may manage that corporation for their own benefit at the expense of the corporation and its creditors. Existing case law su... View Proceeding
Herrick Foundation filed a lawsuit in Lenawee County (Mich.) Court to seek injunctive relief from the decision by Tecumseh Products Company to declare a 3-for-1 stock split effective on December 31, 2008. The stock split, which two board members v... View Proceeding
The Shareholder Derivative Litigation arose out of the Company's sale of $300 million of preferred stock to funds affiliated with MHR Fund Management LLC ("MHR") pursuant to the Securities Purchase Agreement dated October 17, 2006, as amended and ...
Shareholder litigation resulting from the merger of CBOT and the Chicago Mercantile Exchange Holdings, Inc. and the demutualization of CBOE. View Proceeding
A Texas jury will hear a multibillion dollar claim by Huntsman Corp. that two of the world's largest banks, Credit Suisse and Deutsche Bank, scuttled its proposed mergers with Hexion Chemical and Basell Holdings, NV. Credit Suisse and Deutsche Ban... View Proceeding
Post-trial oral arguments after Vice Chancellor Lamb ruled the statute of frauds applied to an LLC agreement. Brian Olson was one of three co-founders of long/short equity hedge fund Viking Global Management, along with David Ott and Andreas Halve...
CVN covered a previous hearing concerning a motion by 3rd party defendants Gen Re Corporation seeking dismissal of underlying litigation. In this suit, stockholder plaintiffs seek to recover funds to make American International Group, Inc. (AIG) w... View Proceeding
Shareholders accused Countrywide directors in February of breaching their fiduciary duty by approving the proposed sale on unfair and inadequate terms. As part of the settlement, Countrywide agreed to make additional disclosures on the background ... View Proceeding
Plaintiff, Norfolk County Retirement System, is a beneficial holder of stock of defendant, Jos. A Bank Clothiers (JABC). Plaintiff brings a demand, pursuant to 8 Del. C. ยง 220, to inspect certain books and records after noticing a drastic drop in ... View Proceeding