In Miramar Police Officers’ Retirement Plan v. K. Rupert Murdoch, et al, C.A. No. 9860-CB (Del. Ch. April 7, 2015), the Delaware Court of Chancery held that a corporation created to effectuate a spin-off transaction was not bound by provisions in a contract that the former parent corporation had entered resolving a lawsuit with its […]
“Delaware Rapid Arbitration Act” Is Adopted
In Corporate -Counseling & Litigation | On April 3, 2015
On April 2, 2015, Delaware Governor Jack Markell signed into law the Delaware Rapid Arbitration Act (“DRAA” or the “Act”), which had been approved by the Delaware General Assembly two days earlier. The Act becomes effective 30 days after its enactment, and thus will be an available option as of May 2015. The Act describes […]
In Priceplay.com, Inc. v. AOL Advertising, Inc., 2015 WL 1246781 (D. Del. Mar. 18, 2015), the District of Delaware granted AOL Advertising, Inc.’s Rule 12(b)(6) Motion to Dismiss a patent infringement suit filed against it by Priceplay.com, Inc. In the lawsuit, PricePlay accused AOL of patent infringement of two e-commerce patents, U.S. Patent Nos. 8,050,982 […]