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Delaware Supreme Court Affirms Chancery Court in AT & T Case Involving Stock...

AT & T  Corp. v. Lillis, (Del. Supr., March 9, 2009), read opinion here. In a rare split decision, the Delaware Supreme Court ruled 3-2 to affirm the original decision of the Chancery Court  that...

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Chancery Court Applies 20-year Statute of Limitations for Contracts “Under...

Whittington v. Dragon Group L.L.C., No. 2291-VCP (Feb. 15, 2010), read opinion here. Previous decisions of the Delaware courts in the long line of cases involving this internecine warfare among family...

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Chancery Refuses to Modify Ruling that Excluded Expert Witness

Encite LLC v. Soni, et al., Del. Ch., C.A. No. 2476-VCG (Dec. 13, 2011). The prior decision by the Court of Chancery in this case, that this ruling refused to modify, was highlighted on this blog here....

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Court of Chancery Defines Promissory Note as a Security Instrument

Fletcher International, Ltd. v. ION Geophysical Corp., C.A. No. 5109-CS (Del. Ch. May 23, 2012). Issue addressed: Whether several promissory notes issued in connection with the sale of a company should...

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Court Dismisses Amended Complaint on Statute of Limitations Basis

Central Mortgage Company v. Morgan Stanley Mortgage Capital Holdings LLC, C.A. No. 5140-CS (Del. Ch. Aug. 7, 2012).  This Court of Chancery decision was the result of remand from a decision of the...

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