Oct 14, 2009
In this finance industry mergers and acquisitions litigation hearing on motion for argument, plaintiff Andrew Segal sought a reargument on the case in which he had alleged that representative of the defendant company fisk ventures, LLC breached th...
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Oct 12, 2009
CLICK HERE TO WATCH A FREE CLIP FROM MONDAY'S HEARINGHearing on defendant's motion to dismiss. Shareholders asserted breach of fiduciary duty and waste claims against Bank of America for consummating a merger with Merrill Lynch and for failing to...
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Sep 14, 2009
5-day bench trial over a shareholder challenge to the 2007 merger between Hanover Direct and its largest shareholder, hedge fund Chelsey Direct.The smaller shareholders alleged that Hanover's directors had conflicts of interest in approving the me...
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Jul 29, 2009
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. § 220, to inspect certain books and records after noticing a drastic drop in ...
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Jul 28, 2009
4 day trial. CVN previously recorded a hearing on plaintiff's motion for partial summary judgment. The Court denied the summary judgment motion, and suggested that the parties proceed to trial, because fact issues around the parties' course of de...
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Jul 17, 2009
Hearing on motion to stay proceedings in favor of SDNY litigation. The DE action is a derivative suit that seeks to recover funds allegedly lost by AIG through imprudent investment in the sub-prime mortgage industry.
Jul 14, 2009
Hearing on plaintiff's motion seeking reimbursement of attorney's fees and expenses totaling roughly $10.5 million. Plaintiffs contend that the initiation of this litigation prompted a substantial increase in JP Morgan's share price, and that the...
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Jun 25, 2009
Settlement hearing.Via Bloomberg News: " April 21 (Bloomberg) -- TD Banknorth Inc. agreed to pay $50 million to settle for the second time a class-action lawsuit brought by former investors challenging the fairness of the companys buyout by Toron...
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Jun 19, 2009
Plaintiffs were investors in the Steel Partners 2 family of funds, which included both domestic and off-shore entities, operating as part of a master feeder investment fund structure. The economic disruption of 2008 resulted in an unprecedented n...
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