Delaware Law Weekly
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Top Stories
  September 3, 2010
Claymont Steel Plant Hit With Toxic Tort Suit
free article for limited access subscribers
A group of residents of Claymont has filed suit in New Castle County Superior Court against the companies that own the Evraz Claymont Steel plant, alleging injury and economic damage inflicted by industrial dust emitted from the plant.
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Battle Over Tropicana Trademark Reaches Delaware Bankruptcy Court  premium content
By Elizabeth Bennett
Delaware Law Weekly
A court battle in Nevada over ownership of the trademarks "Tropicana" and "Trop" moved cross country last month when a group of companies controlled by Carl Icahn filed to have their dispute with the Tropicana Hotel Las Vegas settled in the U.S. Bankruptcy Court for the District of Delaware.
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SEC Makes It Easier for Investors to Nominate Corporate Directors  premium content
By Sheri Qualters
The National Law Journal
The U.S. Securities and Exchange Commission voted 3-2 last month to change how public company shareholders can nominate directors on proxy materials.
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This Week's Digests
DELAWARE SUPREME COURT
LEGAL PROFESSION
In re Elgart
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Attorney Discipline • Client Neglect • Public Reprimand • Probation • Conditions
Upon recommendation of the Board on Professional Responsibility, the Supreme Court imposed a public reprimand and a period of probation, with certain conditions, on the basis of respondent's neglect of a client's personal injury matter. Discipline imposed.
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DELAWARE COURT OF CHANCERY
BUSINESS LAW
Baker v. Impact Holding, Inc.
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Personal Liability • Director/Officer • Advancement Action • Affirmative Litigation
Petitioner, a former corporate director, was not entitled to advanced fees for two related actions he brought because the relevant advancement provision required advancement only for reasonable expenses incurred "in defending" a proceeding and there was no evidence that the corporation intended advancement for affirmative claims. Respondent's motion to dismiss granted.
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DELAWARE COURT OF CHANCERY
BUSINESS LAW
Yucaipa American Alliance Fund II, L.P. v. Riggio
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Shareholder Suit • Poison Pill • Breach of Fiduciary Duty • Good Faith/Reasonableness
The defendant board's decision to use a "poison pill" to ensure that the plaintiff shareholder could not acquire control of the company while bypassing negotiations with the board was reasonable because it addressed the threat posed while leaving plaintiff with a fair chance to prevail in a proxy contest. Plaintiffs' claims dismissed.
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DELAWARE COURT OF CHANCERY
CIVIL PRACTICE
PPF Safeguard, LLC v. BCR Safeguard Holding, LLC
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Jurisdiction • Forum Selection Clause • Express Language • Exclusion of Other Courts
The Chancery Court granted defendants' motion to dismiss on the basis of a forum selection clause since the parties' express language indicated that the forum selection clause excluded all other courts. Motion to dismiss granted.
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DELAWARE COURT OF CHANCERY
CONTRACTS
Airborne Health, Inc. v. Squid Soap, LP
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Fraud • Extra-contractual • Affirmative Falsehoods • Active Concealment • Duty to Speak
Although defendant's amended counterclaim was sufficiently particularized, it did not plead a claim for extra-contractual fraud based on affirmative falsehoods, active concealment or silence in the face of a duty to speak. Motion to dismiss counterclaim granted.
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DELAWARE COURT OF CHANCERY
EVIDENCE
GyneConcepts, Inc. v. Kim
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Expert Witnesses • Burden of Proof • Wastefulness Claim • Reasonable Conduct
The Chancery Court rejected defendant's argument that an expert was needed to testify as to whether his conduct was within the range of reasonable conduct of investment bankers seeking wealthy investors since the court found that his wasteful conduct was clearly not reasonable. Verdict for plaintiff.
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INDUSTRIAL ACCIDENT BOARD
WORKERS' COMPENSATION
Abrahams v. Chrysler Group, LLC
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Termination of Benefits • Total Disability • Pulmonary Condition • Medical Specialist
The Industrial Accident Board found that claimant remained totally disabled where the evidence, including testimony from a specialist in pulmonary critical care, supported his no work status as a result of industrial isocyanate exposure. Petition to terminate total disability benefits denied.
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scales
News in Brief
Former Delaware Deputy AG Joins Berger & Montague premium content
Chancery Court Awards $1.2 Million in Damages  premium content
Potter Anderson & Corroon Adds Corporate Attorney premium content
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Delaware Law Weekly
Great Recession Leaves Its Mark on Del. Legal Market
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Delaware Law Weekly
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The Associated Press
Court rejects ATP appeal by German Tennis group
Delaware Law Weekly
Superior Court Reverses Denial of Access Discrimination Decision
The Associated Press
AG: Failures to report accused Del. pediatrician
Delaware Law Weekly
Connolly Bove Makes 'Hot List'
Delaware Law Weekly
Joseph Elected President Of NACTT
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