Attorneys for two municipal pension funds have filed a lawsuit against Yahoo Inc. and its board of directors, saying they breached their duties to shareholders of the Internet pioneer in trying to thwart a takeover by software giant Microsoft Corp. …
A Navy doctor who was awarded $41 million in a civil lawsuit against a pedophile priest has filed a second lawsuit against Roman Catholic officials. Attorneys for Cmdr. Kenneth Whitwell, 39, of Quantico, Va., filed the lawsuit in Kent County …
The ink is barely dry on a new Delaware law aimed at protecting the legal rights of victims of child sexual abuse, but it’s already being tested. Gov. Ruth Ann Minner signed a law Tuesday that abolishes Delaware’s two-year statute …
A Delaware oil refinery worker injured in a practical joke by his co-workers may be allowed to sue them, the state Supreme Court has ruled. Stephen Grabowski was injured in October 2000 when three co-workers grabbed him in a bathroom …
A judge this week denied a defense motion to add more current and former American International Group Inc. officials to a lawsuit challenging payments that the insurance giant made to an outside firm headed by former AIG Chairman Maurice “Hank” …
Judges in Delaware’s famed business court are keeping a close eye on legal issues cropping up amid the recent wave of private equity buyouts of public corporations. In recent rulings, Court of Chancery judges have signaled that Delaware, corporate home …
The Delaware Senate this week unanimously approved a bill allowing victims of child sexual abuse more time to file civil lawsuits against their alleged abusers. Senators approved the bill on a 19-0 vote after 31/2 hours of testimony from victims …
A Delaware jury has awarded $41 million to a Navy officer who said a Roman Catholic priest sexually abused him hundreds of times as a teen. Jurors awarded Cmdr. Kenneth Whitwell $6 million in compensatory damages and $35 million in …
A Delaware judge this week granted a California businessman’s request to order an insurance inspection of a collection of Elvis Presley memorabilia sitting in a Nevada airport hangar pending resolution of an ownership dispute. Richard Long is battling Nevada residents …
A state hearing officer recommended Friday that Delaware’s insurance commissioner approve the proposed management buyout and eventual dissolution of Royal & Sun Alliance Insurance Group’s U.S. operations. The proposed buyout was the subject of a lengthy hearing last month, and …
