Litigation

Chancery Finds Lack of Equitable Jurisdiction After Trial
In Brown v. Rembert,  2008 Del. Ch. LEXIS 180 (Dec. 11, 2008), the Chancery Court was presented with a motion on the eve of trial that raised the issue of whether the claims were within the court's limited jurisdiction...

The Delaware Chancery Court: Big Changes Coming
The Delaware Chancery Court: Big Changes Coming Last month, The Deal ran this interesting article entitled "Change comes to Chancery." Sounds like the four out of five of the justices - Chandler, Lamb, Strine and Parsons - may be moving...

Delaware Chancery Court Doesn't Meddle in Bear Stearns Deal (In Favor of New York Proceeding)
Delaware Chancery Court Doesn't Meddle in Bear Stearns Deal (In Favor of New York Proceeding) From Travis Laster: On Wednesday, Vice Chancellor Parsons of the Delaware Court of Chancery stayed an action filed in Delaware to enjoin the Bear Stearns-JPMorgan...

Chancery Verbosity
Francis Pileggi summarizes the Delaware Chancery Court’s recent opinion in Hexion Specialty Chemicals, Inc. v. Huntsman Corp., which is interesting for its interpretation of a material adverse effect clause...

Chancery Denies Injunctive Relief on Real Estate Restrictive Covenant
Swann Keys Civic Association v. Shamp, 2008 Del. Ch. LEXIS 140 (Sept. 29, 2008), read opinion here. In this post-trial decision involving a restrictive covenant that purported to limit the height of homes in a waterfront community in Sussex County, Delaware, the Chancery Court denied a request for a preliminary injunction for the removal of homes that allegedly exceeded the height limit...

Chancery Retains Jurisdiction Over Claims to Pierce Corporate Veil and Related Allegations
 In Winner Acceptance Corp. v. Return of Capital Corp., (Del. Ch., Dec. 23, 2008), read  44-page opinion here, the Chancery Court decided that it had equitable jurisdiction (where it raised the issue sua sponte), over whether the allegations in this case were within its limited parameters...

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California Supreme Court Proposition 8 Decision
Court Rejects Challenges to Proposition 8, but Finds Marriages Valid

Washington Post WPO Securities Fraud
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Hurricane Claims
State Farm Fire and Casualty Co. reaches settlement deal with Mississippi Attorney General Jim Hood.

Washington Post 401(k) / ERISA Stock Fraud
Washington Post 401(k) / ERISA Stock Fraud

False Claims
Attorney Robert Arledge ordered to pay $5.8 million after making false Fen Phen settlement claims.

LINA - Cigna Life Insurance Company of North America Disability Claims
LINA Insurance alleging violations of disability insurance claims.

Ebay Fined
French Court Sets Fine at $61 Million