We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Delaware

  • April 14, 2008

    Judge Approves Hancock Fabrics Settlement

    A Delaware bankruptcy court has given final approval to a settlement reached between Hancock Fabrics Inc. and its customers, bringing an end to a suit alleging that the company violated the Fair and Accurate Credit Transactions Act by printing credit card expiration dates on its receipts.

  • April 14, 2008

    MDL Created For Photo-Printing Patent Suits

    A patent suit filed by an Acacia Research Corp. subsidiary against several camera manufacturers has been consolidated with four countersuits into a single case for pretrial proceedings.

  • April 21, 2008

    Noncompetes Harder To Translate Across Borders

    Employers are hitting a few snags when they try to enforce noncompetition agreements with their former workers who have crossed state or country borders.

  • April 10, 2008

    Judge Stays Bid To Block Bear Stearns Takeover

    A Delaware court has put the brakes on a lawsuit aimed at blocking the takeover of Bear Stearns Cos. by JP Morgan Chase & Co., staying the case until a New York court rules on a similar matter.

  • April 10, 2008

    Sharper Image Chairman Quits, Looks To Buy Co.

    The chairman of the board of Sharper Image Corp. has quit to pursue a possible buyout of the bankrupt catalog retailer, the company announced Thursday.

  • April 10, 2008

    Canada Wants In On Asbestos Claims V. Grace

    Canada's attorney general has objected to a motion filed by bankrupt W.R. Grace & Co. seeking a bar date for asbestos claims against it, on the grounds that the motion would allow only claims regarding property in the U.S.

  • April 11, 2008

    Hancock Secures $100M Exit Financing Deal With GE

    Hancock Fabrics Inc. has brokered an exit financing deal with General Electric Capital Corp., which has agreed to provide the bankrupt fabric company with a revolving credit line of up to $100 million.

  • April 10, 2008

    HGS, Immunex Discovery May Go Beyond USPTO

    A judge ruled on Tuesday that discovery in a patent dispute between pharmaceutical company Human Genome Sciences and rival Immunex Corp. over a type of protein that can be used to detect tumors can cover subjects the U.S. Patent and Trademark Office didn't address in an earlier interference proceeding.

  • April 10, 2008

    AHM Underwriters Sued Over Offerings

    Creditors in the bankruptcy of home lender American Home Mortgage Inc. have set their sights on Wall Street's biggest firms, accusing the banks of duping investors by making false and misleading statements about AHM public offerings.

  • April 9, 2008

    Icahn Tries To Bully Biogen

    On the heels of his success with Motorola Inc., billionaire activist investor Carl Icahn has sued Biogen Idec Inc. in hopes of compelling the biotechnology giant to turn over documents regarding its botched sale attempt last year.

  • April 9, 2008

    AHM's Servicing Platform Buyer Pushes For Closure

    The company that purchased American Home Mortgage Corp.’s loan servicing business many months ago is now pushing the bankruptcy court to force the bankrupt lender to close the deal.

  • April 8, 2008

    P&G Files A Third Suit To Stop Generic Actonel

    In another attempt to block a generic version of its osteoporosis drug Actonel from the market, Procter & Gamble fired off a third suit against Teva Pharmaceutical Industries Ltd. Friday, again alleging infringement of its patent for Actonel's active ingredient.

  • April 8, 2008

    JP Morgan Sues Over Child Support Payment Patents

    JP Morgan Chase & Co. has launched a patent dispute against Affiliated Computer Services Inc., claiming the information technology company has long asserted invalid patents against rivals to uphold its dominant position as the company chosen by state governments to process child support payments.

  • April 8, 2008

    SNCP Asks For New Deal, Delaying SCO's Ch. 11 Plan

    Bankrupt software company SCO Group Inc. has withdrawn its reorganization plan and put its Chapter 11 exit plan on hold, after a private equity firm said it was changing its plans to buy SCO's stock and underwrite its ongoing trademark and licensing litigation.

  • April 8, 2008

    Judge Won't Toss Samsung DRAM Patent Suit

    A judge ruled on Thursday that Samsung Electronics Co. Ltd. could go forward with a lawsuit against rival ON Semiconductor Corp. seeking a judgment that it did not infringe three ON patents related to dynamic random access memory technology.

  • April 7, 2008

    BD Wins Ruling Over Two Abbott Glucose Strip Patents

    A federal judge has ruled that Becton Dickinson and Co. did not infringe two Abbott Laboratories patents for blood-glucose test strips, but infringement claims regarding two other patents can move forward.

  • April 7, 2008

    Skybus Becomes Latest Carrier To File For Ch. 11

    The young carrier Skybus Airlines filed for Chapter 11 protection and ceased all operations Saturday, becoming the third airline in recent weeks to head into bankruptcy court.

  • April 7, 2008

    Jeweler Friedman's To Sell $400M In Inventory

    Bankrupt jewelry retailer Friedman’s Inc. will liquidate approximately $400 million in inventory from 377 of its 455 stores nationwide, following a court order approving its emergency motion to sell off wares and close stores.

  • April 7, 2008

    W.R. Grace To Pay $1.8B In Asbestos Settlement

    W.R. Grace & Co. has agreed to pay $1.8 billion over 26 years to settle the remainder of the 135,000 asbestos-related personal injury claims that forced the specialty chemicals firm into bankruptcy in 2001, the company said Monday.

  • April 11, 2008

    Two Professors Spar Over Ch. 11 Fees

    It's not quite Red Sox versus Yankees or the Montagues versus the Capulets, but for the last few years UCLA law professor Lynn M. LoPucki and Seton Hall University law professor Stephen J. Lubben have engaged in an academic rivalry over whether professional fees in Chapter 11 cases are too high.