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Citizens for a Pro-Business Delaware launches canvassing campaign aimed at appointing Black Chancellor - Vimarsana News

Citizens for a Pro-Business Delaware launches canvassing campaign aimed at appointing Black Chancellor

Reading Time: 2 minutes Citizens for a Pro-Business Delaware launched a canvassing campaign to convince residents of a Black’s need to head Chancery Court. Gov. John Carney is poised to appoint a successor to retire Chancellor Andre Bouchard. Citizens and the Rev. Al Sharpton and some community leaders have been calling for Gov. Carney to appoint a Black judge to replace Bouchard. A Citizens for a Pro-Business Delaware rally. The group has been critical of a recent appointment and confirmation of Paul Fioravanti Jr. to serve as Vice-Chancellor. He replaced Justice Tamika Montgomery-Reeves,...

Head of Delaware Chancery Court stepping down - Vimarsana News

Head of Delaware Chancery Court stepping down

DOVER, Del. (AP) — The chief judge on Delaware’s Court of Chancery has announced that...

Source: sfgate.com
Head of Delaware Chancery Court Andre Bouchard stepping down - Vimarsana News

Head of Delaware Chancery Court Andre Bouchard stepping down

Head of Delaware Chancery Court Andre Bouchard stepping down Randall Chase, Associated Press Replay Video UP NEXT DOVER — The chief judge on Delaware’s Court of Chancery has announced that he is resigning from his post early next year. Chancellor Andre Bouchard sent a letter to Gov. John Carney on Monday announcing that he plans to retire from the bench effective April 30, roughly seven years after he was sworn into a 12-year term of office in 2014. As chancellor, Bouchard has been chief judge on the Chancery Court, which is known for handling high-profile disputes involv...

Source: msn.com
M&A's March Madness shindig puts refs center court - Vimarsana News

M&A's March Madness shindig puts refs center court

2 min read The deal world’s latest March Madness shindig puts referees center court. Wall Street’s watchdog-in chief and a revamped Delaware bench star in the annual New Orleans M&A event. Hot-button topics include how to make outvoted shareholders richer and lawsuit losers poorer. Investor activism will still get plenty of attention. Harry Wilson’s arrangement with several funds to pursue General Motors should spark debate over “golden leashes,” whereby activist board nominees can earn extra compensation the more successful they are. The joint Bill Ackman-Valeant Pharmaceuticals of...

Source: pfie.com
Dela. judge denies WeWork's unprecedented bid to toss board members' suit against Softbank - Vimarsana News

Dela. judge denies WeWork's unprecedented bid to toss board members' suit against Softbank

11 Min Read (Reuters) - Chancellor Andre Bouchard of Delaware Chancery Court ruled Monday that WeWork cannot voluntarily dismiss a lawsuit accusing Softbank and Vision Fund of breaching a multi-pronged agreement in which the defendants pledged to complete a $3 billion tender offer for WeWork shares in addition to providing financing to the struggling company. Bouchard’s ruling resolved an extraordinarily unusual dispute over corporate control. The lawsuit was filed on the company’s behalf last April, after Softbank ditched the tender offer, by a special committee comprised of the two WeWo...