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The Atlantic Reporter (ISSN 8750-2631) is a United States regional case law reporter. It is part of the National Reporter System created by John B. West for West Publishing Company, which is now part of Thomson West. [1] The Atlantic Reporter contains select opinions of state supreme courts and lower appellate courts from the following ...
Unocal v. Mesa Petroleum Co., 493 A.2d 946 (Del. 1985) [1] is a landmark decision of the Delaware Supreme Court on corporate defensive tactics against take-over bids. Until the Unocal decision in 1985, the Delaware courts had applied the business judgment rule, when appropriate, to takeover defenses, mergers, and sales.
No. 533, 2018 (Del. June 19, 2019), in which the Delaware Supreme Court reversed a lower court’s dismissal of a stockholder lawsuit against the members of the board of directors and two officers of Blue Bell Creameries, the court’s Chief Justice Strine wrote the court’s unanimous opinion that the justices hold the board of directors ...
In addition to the cases in Delaware, the drugmakers are facing about 4,000 claims in California state court and about 2,000 in various other state courts around the country.
Delaware law imposes on a board of directors the duty to manage the business and affairs of the corporation. 8 Del. C. § 141(a). This broad mandate includes a conferred authority to set a corporate course of action, including time frame, designed to enhance corporate profitability. ...
Courts of Delaware include: State courts of Delaware. Delaware Supreme Court [1] Delaware Court of Chancery [2] Delaware Superior Court (3 courts, one for each county) [3] Delaware Family Court [4] Delaware Court of Common Pleas [5] Delaware Justice of the Peace Court; Delaware Alderman's Court; Federal courts located in Delaware
The Delaware Supreme Court is the sole appellate court in the United States state of Delaware. Because Delaware is a popular haven for corporations , the Court has developed a worldwide reputation as a respected source of corporate law decisions, particularly in the area of mergers and acquisitions .
It has original jurisdiction in all felony cases and civil suits in which the amount in controversy exceeds $75,000. Appeals from the Court of Common Pleas generally go to the Superior Court. The Court currently consists of nine judges sitting in Delaware's three counties: Five in New Castle County, two in Kent County, and two in Sussex County.
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