Journal of Business & Technology Law
Recently Decided Cases
Jana Master Fund, LTD. v. CNET Networks, Inc. by Court of Chancery on 3/13/2008
The Court of Chancery held that the Notice Bylaw did not apply to JANA’s proxy because JANA planned to fund its own proxy. The court determined that “CNET’s Notice Bylaw unambiguously applies only to proposals and nominations a shareholder wishes to have included in the corporate proxy materials.”
Harco Nat. Ins. Co. v. Grant Thornton LLP by Superior Court of North Carolina on 3/4/2008
The Business Court granted the motion to compel to the extent that Grant Thornton is required to disclose to Harco the remaining amount of coverage under its applicable liability insurance policies. This disclosure shall be made at least ten days prior to the beginning of mediation or settlement negotiations. The court however denied the motion to compel to the extent it sought additional information about the coverage.
Gen. Video Corp. v. Kertesz by Court of Chancery of Delaware on 2/25/2008
The court concluded that no basis existed for tolling the statute of limitations, because the plaintiff failed to reveal any act of concealment on the part of the defendant and because the invalidity of the patent was easily discoverable by the plaintiff. Thus the suit was not allowed to go forward.
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