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.
UnitedHealth Group Inc. asked Delaware's Supreme Court on Thursday to reverse a Chancery Court decision allowing investors to inspect some of the company's documents to investigate Medicare overbilling allegations, saying the lower court didn't consider if there was a credible basis to infer wrongdoing.
A common stockholder of Mobile Posse Inc. filed suit Friday in Delaware Chancery Court to void the mobile advertising technology firm's $33.8 million merger with a company that allegedly has deep ties to the directors of Mobile Posse and its preferred shareholders.
A Swiss commodities trader urged the Third Circuit on Thursday to reconsider its decision that barred the trader from targeting the co-owner of a New Jersey chemical company to enforce an arbitral award of more than $925,000 against the company, saying the panel improperly ignored evidence of fraud.
A Third Circuit ruling on appeal to the U.S. Supreme Court that prevented an electricity supplier from claiming a double deduction on a consolidated tax return has some practitioners worried that, if accepted, the justices could solidify a stand-alone tax doctrine previously used only as a method of statutory interpretation.
When the U.S. Supreme Court put limits on where patent lawsuits can be filed, it was widely viewed as a blockbuster decision. One year later, the impact of the ruling has met expectations, pushing cases out of the Eastern District of Texas while causing a filing spike in Delaware and other courts.