By Matt Chiappardi ( July 13, 2015, 9:17 PM EDT) -- A Delaware Chancery judge on Monday tossed derivative claims challenging a decision by logistics company ModusLink Global Solutions Inc. directors to take on more than $100 million in debt and buy a stake in Medifast Inc., ruling the suing shareholder simply objected to the choice and didn't state a claim....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.