Page 8 - Ab Stable News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To embed, copy and paste the code into your website or blog: This top ten list summarizes significant decisions of the Delaware Supreme Court and the Delaware Court of Chancery over the past calendar year. Our criteria for selection are that the decision either meaningfully changed Delaware law or provided clarity or guidance on issues relevant to corporate and commercial litigation in Delaware. We present the decisions in no particular order. The list does not include every significant decision, but provides practitioners with an array of decisions on varied issues likely to affect business ...

Highlights Applying New York law, the U.S. District Court for the Southern District of New York rules that a party can invoke a contractual force majeure provision to terminate a contract on the ground that the COVID-19 pandemic and resulting government-imposed restrictions on business operations fit within the meaning of a "natural disaster." The court's ruling joins the growing list of jurisdictions that have interpreted "natural disaster" to extend beyond weather-related and environmental disasters. "It cannot be seriously disputed that the COVID-19 pandemic is a natural disaster." This s...

In late November of last year, the Court of Chancery in Delaware handed down a decision in a case called AB Stable VIII LLC v. MAPS Hotels and Resorts One, LLC ...

Dajia Must Pay $60 Million Over Nixed Sale of U.S. Hotels Bloomberg 2/6/2021 Jef Feeley © Bloomberg Traffic moves along a road in front of the entrance to the Anbang Financial Center at night in Beijing, China, on Saturday, Feb. 24, 2018. China's regulators will take control of embattled insurer Anbang Insurance Group Co. for one year after a probe that began in June. (Bloomberg) -- Dajia Insurance Co. was ordered to pay more than $60 million in fees and interest over its failed lawsuit against Mirae Global Asset Investment Co., which refused to complete a $5.8 billion pu...

To embed, copy and paste the code into your website or blog: The Delaware Court of Chancery’s docket exploded with expedited “broken” deal litigation in 2020, driven by the impact of COVID-19. Beyond pandemic-related merger litigation, stockholder plaintiffs remained focused on claims involving controlling stockholders and increased focus on claims against officers for breaches of the duty of care. There were also significant developments in connection with stockholder statutory books-and-records requests. Broken Deals Transaction participants in 2020 faced extraordinary and unprecedent...