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Delaware
Delaware Law360 provides breaking news and analysis on legal and regulatory issues in Delaware. Coverage includes high-stakes litigation, policy developments, and corporate deals affecting the state.
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Latest News in Delaware
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November 15, 2018
Insurer Must Face Fraud Claim Over Release, 3rd Circ. Says
An insurer may be held liable under New Jersey’s Consumer Fraud Act in a suit alleging a company agent fraudulently induced a woman into releasing one of its other customers from liability over a car crash, the Third Circuit said Thursday in a precedential opinion reviving her class action CFA claim.
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November 15, 2018
Power Retailer Seeks Del. Ch. 11 To Ward Off Mass. Suit
Massachusetts retail electricity supplier Starion Energy Inc. sought refuge in Delaware bankruptcy court late Wednesday, saying it needed a Chapter 11 shield while battling a Commonwealth consumer protection action that threatened the business and more than $30 million of its cash.
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November 15, 2018
Life Settlements Firms Open Del. Ch. 11 As Debt Limit Nears
Irish and Bermuda affiliates of specialty finance company Emergent Capital Inc. opened a Delaware Chapter 11 late Wednesday as their $2.8 billion life settlements investment subsidiary neared a collision with its $370 million borrowing limit.
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November 15, 2018
Unsecured Creditors Flag One Aviation's Ch. 11 Financing
Unsecured creditors for bankrupt aircraft manufacturer One Aviation Corp. filed an objection on Thursday claiming that $17 million in post-petition financing is insufficient to cover claims and fund the company’s Chapter 11 in Delaware and questioning the role of the debtor-in-possession lender in the bankruptcy.
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November 15, 2018
Pilgrim's Pride Controllers Say Del. Jurisdiction Doesn't Apply
The controlling shareholders of chicken producer Pilgrim’s Pride Corp. and their affiliated board members told a Delaware Chancery Court judge Thursday that breach of fiduciary duty claims lodged by minority shareholders should be tossed because the Delaware courts don’t have jurisdiction over the defendants.
Areas of Coverage
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