A Delaware vice chancellor has approved a $35 million settlement that brings an end to a consolidated class and derivative action over Coty Inc.'s $1.75 billion tender offer in 2019, awarding attorneys representing Coty stockholders $11 million for their work on the litigation.
Halloran Farkas + Kittila LLP wants to withdraw as OptimisCorp's counsel on the eve of a Delaware Chancery Court trial set to determine damages the physical therapy company is owed by three stockholders recently found liable for failing to turn over an arbitral award to the company.
The Bancorp Bank NA and two prepaid card service providers are asking Delaware's highest court to bar Bondurant Mixson & Elmore LLP from representing a plaintiff in litigation claiming the companies failed to properly report abandoned cardholder balances, accusing the firm of "persistent deceitfulness" in the case.
A judicial officer has determined NephroSant Inc.'s former CEO should lose a bid to keep certain information confidential in Delaware Chancery Court litigation she filed seeking to have the kidney disease treatment startup cover the legal costs of defending herself from allegations over the company's novel urine tests.
Apple is seeking sanctions against Susman Godfrey LLP attorneys who were unsuccessful in convincing a Delaware federal jury that Google's various smartphones and applications infringed a data systems patent held by Arendi SARL, arguing they made "flagrant" disclosure violations during trial.