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Tuesday, February 9, 2021 In  Juul Labs, Inc. v. Daniel Grove, C.A. No. 2020-0005-JTL (Del. Ch. August 13, 2020), defendant and e-cigarette maker Juul Labs, Inc. (“Juul”) is a privately held Delaware corporation with its principal place of business in California. The Delaware Court of Chancery (the “Court”) granted in part Juul’s motion for declaratory judgment, which sought confirmation that a stockholder seeking inspection rights was limited to rights and remedies under the Delaware General Corporation Law (“DGCL”), and could not apply California law, among other th...

By Memorandum Order and Amended Judgment by The Honorable Maryellen Noreika in Cignex Datamatics, Inc. v. Lam Research Corporation, Civil Action No. 17-320-MN (D.Del. January 21, 2021), the Court granted with modification Plaintiff’s motion to alter or amend the judgment by adding to the original judgment of $232,039.71 in favor of Plaintiff in the breach of contract action (1) an additional amount of pre-judgment interest in the amount of $60,564.56, calculated as simple interest based on the Delaware legal rate of 5.75% as a fixed rate at the time liability for interest began to accrue, ...

A Delaware state court struck down as unconstitutional a longstanding policy of the state’s taxing authority limiting NOL deductions of corporate taxpayers who file federal consolidated...

Barnhill Receives Requisite Number of Written Consents to Refresh TESSCO Board and Amend Bylaws Dec 18, 2020 1:06 PM ET Legal Newswire POWERED BY LAW.COM Robert B. Barnhill, Jr. (together with the other participants of the consent solicitation, the "Barnhill Participants"), one of the largest stockholders of TESSCO Technologies Incorporated, delivered written consents to the Company on December 11, 2020 from the holders of at least 67% of the Company's outstanding common stock to remove John D. Beletic, Cathy-Ann Martine-Dolecki and Ronald D. McCray from the Board of Directors (the ...