Delaware's Supreme Court on Wednesday affirmed a Chancery Court decision that the former CEO of 3D model maker Matterport Inc. may freely trade his 1.3 million company shares and is not bound by trading restrictions adopted in a 2021 merger with a blank-check company.
A split Delaware Supreme Court on Monday backed a $20 million victory for a demolition company's former owners in a dispute over a New Jersey bridge job, ruling they gave timely notice to the company's new owners that a claim might be forthcoming.
The Delaware Supreme Court on Wednesday unanimously affirmed a lower court ruling and held that American International Group Inc. and Axa SA units were not obligated to indemnify a solar energy company in directors and officers litigation under their claims-made coverage.
The Delaware Supreme Court on Thursday briefly affirmed a 2021 lower court ruling in insurers’ favor in directors and officers liability insurance litigation stemming from the 2016 merger of a consumer products company.
Delaware's Supreme Court on Wednesday unanimously reversed a decision that controversial attorney L. Lin Wood could not represent a former Trump campaign adviser in a state defamation case, while in a separate ruling affirming the dismissal of the defamation case itself.Â